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Clearwater Analytics CWAN Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Revenue by Geography
Rest of World$58.87M-0.2%$59M+6.2%$55.57M+17.1%$47.45M+98.3%$23.93M+0.3%
United States$162.36M+2.5%$158.45M+6.0%$149.54M+11.2%$134.49M+30.7%$102.94M+0.3%

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Questions, answered.

How does Clearwater Analytics break its business down?
Clearwater Analytics (CWAN) reports revenue by geography across 2 parts — Rest of World and United States. Each is extracted from the segment footnotes and tracked over time.
Where does Clearwater Analytics's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Clearwater Analytics's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.