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About the company
Clearwater Analytics Holdings, Inc. is a provider of comprehensive cloud-native platforms for institutional investors across global public and private markets. The Company’s single-instance, multi-tenant architecture delivers real-time data and artificial intelligence (AI)-driven insights throughout the investment lifecycle. The platform eliminates information silos by integrating portfolio management, trading, investment accounting, reconciliation, regulatory reporting, performance, compliance, and risk analytics in one unified system. The Company serves insurers, asset managers, hedge funds, banks, corporations, and governments. The Company is also a provider of enterprise risk analytics and developer infrastructure. Its capabilities in complex portfolio management across both public and private markets include structured products, private credit, and derivatives.
- Revenue in USD (TTM)640.38m
- Net income in USD392.23m
- Incorporated2021
- Employees1.92k
- LocationClearwater Analytics Holdings Inc777 W. Main Street, Suite 900, Suite 900BOISE 83702United StatesUSA
- Phone+1 (208) 918-2400
- Fax+1 (302) 636-5454
- Websitehttps://clearwateranalytics.com/
Mergers & acquisitions
| Acquired company | CWAN:NYQ since announced | Transaction value |
|---|---|---|
| Bistro | -14.78% | 125.00m |
| Beacon Platform Inc | -14.78% | 542.55m |
Peer analysis
- Key Information
- Stock Performance
- Per Share Data
- Efficiency
- Management Effectiveness
- Profitability
- Financial Strength
- Growth Rates
| Company | Revenue (TTM) | Net income (TTM) | Market cap | Employees | Price/earnings (TTM) | Price/book value (MRQ) | Price/cash flow (TTM) | Price/sales (TTM) | EPS (excl. extraordinary items, TTM) | EPS (incl. extraordinary items, TTM) | Revenue per share (TTM) | Book value per share (MRQ) | Asset turnover (TTM) | Inventory turnover (TTM) | Receivables turnover (TTM) | Revenues per employee (TTM) | Return on avg assets (TTM) | Return on avg assets (5 yr avg) | Return on investment (TTM) | Return on investment (5 yr avg) | Gross margin (TTM) | Gross margin (5 yr avg) | Net profit margin (TTM) | Net Profit margin (5 yr avg) | Quick ratio (MRQ) | Interest coverage (TTM) | Total debt to capital (MRQ) | Payout ratio (5 yr avg) | Revenue (YOY change %) | Revenue (5 yr growth rate) | Net income (YOY change %) | Net income (5 yr growth rate) | Capital expenditure (5 yr growth rate) | Dividend (5 yr growth rate) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OneStream Inc | 570.68m | -82.75m | 5.78bn | 1.50k | -- | 9.37 | -- | 10.13 | -0.4701 | -0.4701 | 3.20 | 2.52 | 0.6716 | -- | 3.71 | 380,451.30 | -13.35 | -- | -26.86 | -- | 67.91 | -- | -19.88 | -- | -- | -- | 0.00 | -- | 30.54 | -- | -647.30 | -- | -- | -- |
| UiPath Inc | 1.55bn | 229.66m | 5.98bn | 3.87k | 26.32 | 3.11 | 24.41 | 3.85 | 0.4247 | 0.4247 | 2.85 | 3.60 | 0.5588 | -- | 3.30 | 401,528.20 | 8.26 | -10.26 | 11.27 | -13.76 | 83.35 | 83.88 | 14.79 | -20.96 | -- | -- | 0.00 | -- | 9.30 | 33.58 | 18.01 | -- | -6.59 | -- |
| Healthequity Inc | 1.29bn | 191.83m | 6.25bn | 3.11k | 33.55 | 2.94 | 18.02 | 4.85 | 2.18 | 2.18 | 14.65 | 24.93 | 0.3748 | -- | 11.84 | 415,671.50 | 5.57 | 0.6024 | 5.80 | 0.6343 | 67.72 | 59.96 | 14.86 | 2.00 | -- | 6.58 | 0.3152 | 0.00 | 20.03 | 17.66 | 73.58 | 19.51 | 64.41 | -- |
| Dropbox Inc | 2.53bn | 502.50m | 6.29bn | 2.20k | 11.49 | -- | 8.96 | 2.49 | 2.11 | 2.11 | 8.32 | -5.99 | 0.9412 | -- | 35.26 | 1,147,187.00 | 18.71 | 10.55 | 44.33 | 17.46 | 80.66 | 80.55 | 19.87 | 13.44 | -- | 12.11 | 2.17 | 0.00 | 1.86 | 8.93 | -0.2866 | -- | -30.28 | -- |
| JFrog Ltd | 502.61m | -79.81m | 6.31bn | 1.60k | -- | 7.34 | -- | 12.55 | -0.6984 | -0.6984 | 4.39 | 7.26 | 0.4284 | -- | 5.10 | 314,132.50 | -6.80 | -7.23 | -9.46 | -9.50 | 76.17 | 78.26 | -15.88 | -20.78 | -- | -- | 0.00 | -- | 22.47 | 32.55 | -13.03 | -- | 11.76 | -- |
| AppFolio Inc | 950.82m | 140.92m | 6.33bn | 1.70k | 45.24 | 11.67 | 38.70 | 6.66 | 3.89 | 3.89 | 26.24 | 15.08 | 1.45 | -- | 31.06 | 558,649.80 | 21.42 | 11.87 | 24.60 | 13.76 | 63.68 | 62.42 | 14.82 | 8.78 | -- | -- | 0.00 | 0.00 | 19.72 | 25.12 | -30.94 | -2.31 | -31.92 | -- |
| Dolby Laboratories Inc | 1.34bn | 240.52m | 6.36bn | 2.05k | 26.88 | 2.45 | 19.17 | 4.75 | 2.48 | 2.48 | 13.80 | 27.15 | 0.4216 | 5.15 | 2.37 | 652,772.80 | 7.62 | 8.18 | 8.89 | 9.33 | 87.86 | 88.78 | 18.08 | 18.96 | 3.10 | -- | 0.00 | 44.05 | 5.92 | 3.04 | -2.60 | 1.97 | -9.47 | 8.45 |
| Paycom Software Inc | 2.05bn | 453.40m | 6.56bn | 7.31k | 14.82 | 3.79 | 10.42 | 3.20 | 8.08 | 8.08 | 36.56 | 31.60 | 0.3049 | 222.77 | 48.79 | -- | 6.74 | 7.96 | 21.68 | 22.38 | 83.17 | 83.49 | 22.10 | 22.01 | 1.09 | 162.06 | -- | -- | 8.95 | 19.51 | -9.68 | 25.88 | 23.96 | -- |
| Klarna Group PLC | 3.21bn | -207.00m | 6.72bn | 5.53k | -- | 2.74 | -- | 2.09 | -0.5487 | -0.5487 | 8.50 | 6.49 | -- | -- | -- | 937,463.50 | -- | -- | -- | -- | -- | -- | -6.45 | -- | -- | -- | 0.5003 | -- | 23.51 | -- | 108.61 | -- | -- | -- |
| Pegasystems Inc | 1.75bn | 393.44m | 6.86bn | 5.60k | 19.08 | 8.78 | 16.85 | 3.93 | 2.13 | 2.13 | 9.45 | 4.62 | 1.03 | -- | 3.71 | 311,863.50 | 23.14 | 1.93 | 49.92 | 3.33 | 75.86 | 73.69 | 22.54 | 2.11 | -- | -- | 0.00 | 36.37 | 16.61 | 11.40 | 296.65 | -- | -10.58 | 11.84 |
| Clearwater Analytics Holdings Inc | 640.38m | 392.23m | 6.88bn | 1.92k | 20.28 | 3.41 | 15.22 | 10.74 | 1.16 | 1.16 | 2.21 | 6.87 | 0.3544 | -- | 4.99 | 334,400.00 | 21.73 | 16.32 | 23.62 | 20.91 | 68.53 | 72.19 | 61.30 | 21.88 | -- | 0.9788 | 0.2953 | 0.00 | 22.72 | 21.88 | 2,062.26 | 122.79 | 9.30 | -- |
| Match Group Inc | 3.49bn | 613.45m | 7.06bn | 2.50k | 12.57 | -- | 9.82 | 2.03 | 2.38 | 2.38 | 13.28 | -1.07 | 0.7813 | -- | 11.10 | -- | 13.74 | 11.17 | 16.65 | 13.34 | 72.80 | 71.62 | 17.59 | 14.87 | -- | 6.73 | 1.07 | -- | 0.2249 | 7.84 | 11.28 | 3.03 | 6.02 | -- |
| Procore Technologies Inc | 1.28bn | -125.47m | 7.44bn | 4.20k | -- | 5.89 | -- | 5.84 | -0.8389 | -0.8389 | 8.51 | 8.14 | 0.6257 | -- | 5.56 | 303,461.80 | -6.15 | -12.67 | -9.38 | -18.39 | 79.75 | 81.32 | -9.84 | -25.26 | -- | -- | 0.023 | -- | 21.23 | 31.83 | 44.14 | -- | 20.96 | -- |
| Holder | Shares | % Held |
|---|---|---|
| The Vanguard Group, Inc.as of 31 Dec 2025 | 30.91m | 10.73% |
| BlackRock Fund Advisorsas of 30 Sep 2025 | 19.17m | 6.65% |
| Wellington Management Co. LLPas of 30 Sep 2025 | 14.72m | 5.11% |
| T. Rowe Price Associates, Inc. (IM)as of 30 Sep 2025 | 11.98m | 4.16% |
| Wasatch Advisors LPas of 30 Sep 2025 | 9.21m | 3.20% |
| William Blair Investment Management LLCas of 30 Sep 2025 | 8.58m | 2.98% |
| BAMCO, Inc.as of 30 Sep 2025 | 7.68m | 2.66% |
| William Blair & Co. LLC (Investment Management)as of 30 Sep 2025 | 7.13m | 2.48% |
| Geode Capital Management LLCas of 30 Sep 2025 | 6.19m | 2.15% |
| Conestoga Capital Advisors LLCas of 31 Dec 2025 | 6.10m | 2.12% |
