Skip to content

Clearwater Analytics CWAN Operating margin

Operating margin at other companies

SS&C Technologies logo
SS&C TechnologiesSSNC
23.1%+0.1pp
Blackrock logo
BlackrockBLK
31.8%-4.3pp
Snowflake logo
SnowflakeSNOW
-26.1%-6.8pp
MicroStrategy logo
MicroStrategyMSTR
518.9%
WAT
Waters CorporationWAT
16%-12.3pp
S&P Global logo
S&P GlobalSPGI
43.9%+4.0pp

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

See full
Gross margin66%-7.0pp
Net margin-5.9%-96.0pp
FCF margin18.5%

Returns & leverage

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

Where this comes from

Calculated from Clearwater Analytics’s reported figures.

Based on trailing twelve months.

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

Ask your AI about Clearwater Analytics's operating margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Clearwater Analytics's operating margin?
Clearwater Analytics (CWAN) reported operating margin of -0.7% in Q1 2026.
How has Clearwater Analytics's operating margin changed year-over-year?
Clearwater Analytics's operating margin decreased by 117.1% year-over-year, from 4.1% to -0.7%.
What is the long-term trend for Clearwater Analytics's operating margin?
Over 3 years (2021 to 2025), Clearwater Analytics's operating margin has grown at a -54.7% compound annual growth rate (CAGR), from 11.3% to -1.1%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.