Clearwater Analytics Holdings, Inc. (CWAN) capitalization

Current snapshot

Market Cap
$6.98B
295.0M shares × $23.65 · as of last filing 2026-03-31
Net Worth
$2.05B
Stockholders' equity · 2026-03-31
Enterprise Value
$7.76B
Market cap + debt − cash
Net Debt
$779.3M
Debt $860.8M − Cash $81.5M

Annual history

One row per fiscal year (10-K). Market cap uses split-adjusted closing price on the fiscal-year-end date × shares outstanding.

Period End Market Cap
FY'25 2025-12-31 $6.54B
FY'24 2024-12-31 $7.00B
FY'23 2023-12-31 $4.00B
FY'22 2022-12-31 $3.48B
FY'21 2021-12-31 $4.08B
FY'21 2020-12-31
FY'21 2019-12-31

Quarterly history

One row per quarter (10-Q and Q4 from 10-K). Market cap uses split-adjusted closing price on the quarter-end date × shares outstanding.

Period End Market Cap
Q1'26 2026-03-31 $6.98B
Q4'25 2025-12-31 $6.54B
Q3'25 2025-09-30 $5.19B
Q2'25 2025-06-30 $5.93B
Q1'25 2025-03-31 $6.60B
Q4'24 2024-12-31 $7.00B
Q3'24 2024-09-30 $5.84B
Q2'24 2024-06-30 $4.04B
Q1'24 2024-03-31 $4.52B
Q4'23 2023-12-31 $4.00B
Q3'23 2023-09-30 $3.90B
Q2'23 2023-06-30 $3.14B
Q1'23 2023-03-31 $3.08B
Q4'22 2022-12-31 $3.48B
Q3'22 2022-09-30 $3.15B
Q2'22 2022-06-30 $2.24B
Q1'22 2022-03-31 $5.19B
Q4'21 2021-12-31 $4.08B
Q3'21 2021-09-30 $6.04B
Q3'21 2021-06-30
Q3'21 2021-03-31
Q4'21 2020-12-31
Q3'21 2020-09-30

Methodology

Every figure on this page traces back to SEC EDGAR XBRL company-facts filings (CWAN CIK 0001866368), tagged with the us-gaap and dei taxonomies. Filing-anchored figures are rendered server-side: the market cap and enterprise value tiles use the split-adjusted close on the latest reported period-end × shares outstanding, so they reconcile with the equity / debt / cash figures from that same filing. The two price-anchored tiles (market cap + enterprise value) re-anchor on the most recent daily close in the browser when JavaScript is enabled; shares outstanding and debt / cash stay filing-anchored, so the EV bridge still uses the latest statement of financial position. Historical share prices come from our total-returns daily history (split-adjusted); historical market caps are calibrated against today's share count to correct for SEC retroactive split restatements.

For the exact XBRL concepts and formulas, see the methodology reference for net worth, debt, cash, market cap, enterprise value, net debt, shares outstanding, and the historical-market-cap calibration.

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