CWAN · As filed with the SEC

Clearwater Analytics Holdings balance sheet, 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 Balance Sheets · USD thousands

USD thousands	Q1 2026 Mar 31, 2026	Q4 2025 Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024 Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024
Assets
Current assets:
Cash and cash equivalents	81,507	91,245	60,750	68,404	275,159	177,350	228,694	190,095
Short-term investments	—	0	3,398	3,518	7,695	78,139	77,134	67,819
Accounts receivable, net	169,630	167,348	152,791	148,020	111,447	106,151	100,377	97,220
Prepaid expenses and other current assets	43,107	36,977	33,871	37,656	27,762	23,006	24,635	27,577
Total current assets	294,244	295,570	250,810	257,598	422,063	384,646	430,840	382,711
Property, equipment and software, net	30,454	26,607	26,262	24,554	14,747	14,797	15,279	15,158
Operating lease right-of-use assets, net	51,639	34,300	40,315	43,657	23,124	24,797	25,752	28,084
Deferred contract costs, non-current	11,044	13,017	9,551	7,926	5,985	7,013	6,172	5,845
Debt issuance costs - line of credit	3,268	3,467	3,670	3,874	291	339	—	—
Deferred tax assets, net	702,300	695,998	671,801	669,660	600,626	602,500	—	—
Intangible assets, net	660,650	687,578	714,118	740,534	142,869	30,868	34,014	34,607
Goodwill	1,268,440	1,270,056	1,267,108	1,267,261	72,627	70,971	74,160	72,245
Long-term investments	—	0	0	0	0	30,301	30,889	39,718
Other non-current assets	4,816	5,336	6,877	6,159	2,990	3,340	6,347	6,779
Total assets	3,026,855	3,031,929	2,990,512	3,021,223	1,285,322	1,169,572	623,453	585,147
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	1,630	4,096	3,316	6,141	2,042	2,934	4,238	2,962
Accrued expenses and other current liabilities	78,605	112,249	83,610	79,238	60,514	62,983	60,680	49,844
Deferred revenue	28,027	21,860	17,152	20,811	9,061	—	—	—
Notes payable, current portion	8,000	8,000	8,000	6,000	2,750	2,750	2,750	2,750
Operating lease liability, current portion	14,210	15,138	15,537	15,463	8,584	8,350	7,806	7,696
Tax receivable agreement liability	—	—	—	—	—	35	11,900	6,500
Tax receivable agreement liability	—	0	0	0	0	—	16,928	16,749
Total current liabilities	130,472	161,343	127,615	127,653	82,951	77,052	92,402	80,001
Notes payable, less current maturities and unamortized debt issuance costs	798,399	814,643	830,869	872,096	42,497	43,164	43,830	45,183
Operating lease liability, less current portion	40,228	22,555	28,448	31,311	15,719	17,655	19,121	21,306
Other long-term liabilities	3,194	2,296	2,029	2,193	1,548	1,470	2,581	3,486
Total liabilities	972,293	1,000,837	988,961	1,033,253	142,715	139,341	169,834	156,476
Stockholders' Equity
Class A common stock	297	291	288	288	226	213	172	160
Class B common stock	1	2	5	5	0	0	0	0
Class C	0	0	0	0	13	13	27	27
Class D	0	0	0	0	16	22	48	58
Additional paid-in-capital	1,784,861	1,754,387	1,712,800	1,688,311	827,389	725,174	564,331	549,580
Accumulated other comprehensive income	2,777	7,089	7,448	8,286	1,978	(1,113)	4,626	832
Retained earnings	261,564	259,963	261,009	270,689	286,208	283,946	(165,957)	(170,050)
Total stockholders' equity attributable to Clearwater Analytics Holdings, Inc.	2,049,500	2,021,732	1,981,550	1,967,579	1,115,830	1,008,255	403,247	380,607
Non-controlling interests	5,062	9,360	20,001	20,391	26,777	21,976	50,372	48,064
Total stockholders' equity	2,054,562	2,031,092	2,001,551	1,987,970	1,142,607	1,030,231	453,619	428,671
Total liabilities and stockholders' equity	3,026,855	3,031,929	2,990,512	3,021,223	1,285,322	1,169,572	623,453	585,147
Class A common stock	—	—	—	1,500,000,000	—	—	—	—
Class B common stock	—	—	—	500,000,000	—	—	—	—
Class C common stock	—	—	—	452,622,413	—	—	—	—
Class D common stock	—	—	—	369,916,245	—	—	—	—

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.