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Clearwater Analytics CWAN Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Revenue by Geography
Rest of World$220.88M+18.8%$185.94M+23.3%$150.8M+29.4%$116.54M+32.5%$87.95M+5.2%
United States$604.85M+10.9%$545.42M+11.4%$489.58M+12.7%$434.55M+12.0%$388M+5.4%
Total long-lived assets, net by Geography
Rest of World$106.05M-10.9%$118.98M-9.3%$131.17M
United States$171.74M-33.3%$257.46M+1.0%$254.82M
Number of offices by Geography
Rest of World52
United States24+4.3%23+4.5%22+4.8%21+5.0%200.0%

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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.