CWAN
Clearwater Analytics Holdings, Inc.21.50
+0.21+0.99%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
7.00BP/E (TTM)
13.78Basic EPS (TTM)
1.56Dividend Yield
0%Recent Filings
8-K
Q4 revenue up 72%, buyout announced
10-K
FY2025 results
Clearwater Analytics delivered FY2025 revenue of $731M, up 62% y/y, fueled by Enfusion and Beacon acquisitions that added ~$195M while core ARR hit $841M (up 77%). Q4 net retention accelerated to 109% versus Q3's 108%, with gross retention steady at 98%—yet operating loss widened to $(7.7)M on $86M amortization and $46M interest from $800M debt. Acquisitions drove Q4 momentum, expanding front-to-back capabilities. Free cash flow turned positive at $164M. Pending $8.4B merger risks delays if approvals falter.
8-K
HSR clearance granted
Clearwater Analytics cleared a key antitrust hurdle with early HSR Act termination effective February 13, 2026, advancing its merger with GT Silver BidCo. The deal, announced December 20, 2025, awaits shareholder approval and customary conditions. Closure eyed for Q2 2026. Shareholder vote looms large.
8-K
Go-shop expires, no bids
Clearwater Analytics' go-shop period expired January 23, 2026, without any superior bids emerging from 44 solicited parties. No-shop restrictions now bind the company to the December 20, 2025 merger agreement with GT Silver BidCo. Go-shop yielded nothing. Risks persist: deal may fail on approvals or termination triggers.
8-K
CWAN merger at $24.55/share
Clearwater Analytics signed a merger agreement on December 20, 2025, to go private in a $8.4 billion deal led by Permira and Warburg Pincus, with Francisco Partners and Temasek support. Stockholders get $24.55 per share in cash, pending approval and HSR clearance; go-shop runs to January 23, 2026. Closing eyed for H1 2026. Termination fees reach $522M from buyer.
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