CWAN
Clearwater Analytics Holdings, Inc.21.50
+0.21+0.99%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
7.00BP/E (TTM)
13.78Basic EPS (TTM)
1.56Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
CWAN starts $100M buyback
Clearwater Analytics launched a $100 million share repurchase program on September 3, 2025, targeting its Class A common stock via open market buys or Rule 10b5-1 plans, with no fixed timeline. At the prior close of $20.19, this could reclaim about 5 million shares, offsetting dilution from recent issuances while trimming public float. CFO Jim Cox affirmed the move aligns with robust free cash flows, aiming to slash debt-to-EBITDA below 3.0 by December 2026. Yet market swings could alter execution.
10-Q
Q2 FY2025 results
Clearwater Analytics posted Q2 revenue of $181.9M, up 70% y/y and 25% q/q (derived), fueled by Enfusion and Beacon acquisitions that added $42.5M in the quarter while organic growth lifted average assets 11% y/y. Gross profit hit $118.5M for a 65% margin, down from 72% y/y amid higher amortization, yet operating losses narrowed to $14.6M versus prior profit as integration ramps up. Diluted EPS fell to $(0.09) on 270.6M shares, reconciling to the net loss without anti-dilution flags. Cash from operations reached $71.6M YTD, funding $878.1M in debt under the new credit facility with $101M revolver availability; free cash flow not disclosed in the 10-Q. Acquisitions closed in April 2025 for $1.4B (Enfusion, cash/stock mix) and $532M (Beacon, cash/stock), recognizing $1.2B goodwill and $617M finite-lived intangibles amortized over 5-10 years. Acquisitions accelerate a unified platform vision. Still, prolonged sales cycles to big institutions could slow momentum.
8-K
Q2 revenue jumps 70%
Clearwater Analytics reported Q2 2025 revenue of $181.9 million, surging 70% year-over-year, fueled by recent acquisitions of Enfusion, Beacon, and Bistro, while core business revenue grew 22% to $130.6 million. Adjusted EBITDA hit $58.3 million, up 74%, with non-GAAP gross margin steady at 77.4%; the company achieved $20 million in synergies a year early. ARR reached $783.5 million, up 83%. Acquisitions boost scale, yet integration risks loom.
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