CWAN · As filed with the SEC
Clearwater Analytics Holdings income statement, by quarter
The statement as Clearwater Analytics Holdings presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Condensed Consolidated Statements of Operations · USD thousands, except per-share amounts
| USD thousands, except per-share amounts | Q1 2026 3 months ended Mar 31, 2026 | Q4 2025† 3 months ended Dec 31, 2025 | Q3 2025 3 months ended Sep 30, 2025 | Q2 2025 3 months ended Jun 30, 2025 |
|---|---|---|---|---|
| Revenue | 221,228 | 217,457† | 205,110 | 181,937 |
| Cost of revenue | 75,681 | 71,236† | 70,638 | 63,423 |
| Gross profit | 145,547 | 146,221† | 134,472 | 118,514 |
| Operating expenses: | ||||
| Research and development | 57,050 | 57,009† | 52,065 | 49,755 |
| Sales and marketing | 46,241 | 45,857† | 44,471 | 39,221 |
| General and administrative | 33,266 | 50,098† | 31,382 | 44,118 |
| Total operating expenses | 136,557 | 152,964† | 127,918 | 133,094 |
| Income from operations | 8,990 | (6,743)† | 6,554 | (14,580) |
| Interest expense | 12,646 | 15,162† | 16,119 | 13,464 |
| Tax receivable agreement expense | — | — | 0 | 0 |
| Other income, net | (51) | (249)† | 439 | (1,546) |
| Income (loss) before income taxes | (3,605) | (21,656)† | (10,004) | (26,498) |
| Provision for (benefit from) income taxes | (809) | (9,131)† | 510 | (2,347) |
| Net income (loss) | (2,796) | (12,525)† | (10,514) | (24,151) |
| Less: Net income (loss) attributable to non-controlling interests | (20) | (459)† | (179) | (926) |
| Net income (loss) attributable to Clearwater Analytics Holdings, Inc. | (2,776) | (12,066)† | (10,335) | (23,225) |
| Net income (loss) per share attributable to Class A and Class D common stockholders stock: | ||||
| Basic (in USD per share) | (0.01) | — | (0.04) | (0.09) |
| Diluted (in USD per share) | (0.01) | — | (0.04) | (0.09) |
| Weighted average shares of Class A and Class D common stock outstanding: | ||||
| Basic (in shares) | 294,989,154 | — | 287,979,411 | 270,632,308 |
| Diluted (in shares) | 294,989,154 | — | 287,979,411 | 270,632,308 |
† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.