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Clearwater Analytics CWAN Change in deferred policy acquisition costs

Change in deferred policy acquisition costs at other companies

Unum logo
UnumUNM
$56.4M+19.5%
Jackson Financial logo
Jackson FinancialJXN
-$26M+77.8%
Equitable Holdings logo
Equitable HoldingsEQH
$301M+6.7%
Cincinnati Financial logo
Cincinnati FinancialCINF
$40M-27.3%
Prudential Financial logo
Prudential FinancialPRU
$213M-43.2%
The Hanover Insurance Group logo
The Hanover Insurance GroupTHG
-$12.2M-107%

Other financials

Income statement

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Revenue$221.2M+74.4%
Gross profit$145.5M+56.6%
Operating income$9.0M+26.9%
Net income-$2.8M-143%
EPS (diluted)-$0.01-133%

Balance sheet

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Cash & equivalents$81.5M-71.2%
Total debt$860.8M+1,189%
Total equity$2.0B+83.7%
Total assets$3.0B+135%

Cash flow

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Operating cash flow$17.7M-27.9%
CapEx$6.4M+339%
Free cash flow$11.2M-51.2%

Valuation

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Market cap$7.22B+8.9%
Enterprise value$8B+25.4%
P/S8.8×-5.2×

Profitability

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Gross margin66%-7.0pp
Operating margin-0.7%-4.8pp
Net margin-5.9%-96.0pp
FCF margin18.5%

Returns & leverage

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Return on equity-3.1%-59.4pp
Debt / equity0.4×+0.4×
Current ratio2.3×-2.8×

Where this comes from

Reported directly by Clearwater Analytics in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts.

The official record: Clearwater Analytics’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Clearwater Analytics's change in deferred policy acquisition costs?
Clearwater Analytics (CWAN) reported change in deferred policy acquisition costs of $3.01M in Q1 2026.
How has Clearwater Analytics's change in deferred policy acquisition costs changed year-over-year?
Clearwater Analytics's change in deferred policy acquisition costs increased by 43042.9% year-over-year, from -$7K to $3.01M.
What is the long-term trend for Clearwater Analytics's change in deferred policy acquisition costs?
Over 2 years (2023 to 2025), Clearwater Analytics's change in deferred policy acquisition costs has grown at a 83.4% compound annual growth rate (CAGR), from $5.07M to $17.04M.
What does change in deferred policy acquisition costs mean?
This represents the net change in costs that are capitalized and deferred rather than expensed immediately upon the acquisition of insurance policies or customer contracts. It reflects the timing difference between the cash outlay for acquisition and the recognition of the associated revenue over the contract life. A significant change indicates shifts in customer acquisition velocity or accounting policy application.