Clearwater Analytics Holdings, Inc. (CWAN)
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
$24.560.00%
Close 2026-07-02 · 1-day change
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
QuarterlyIQ Insights · CWAN
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within information technology on a research-validated quality screen. As of 2026-07-10.
The screen ranks CWAN against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated neutral grew net income 55% of the time over the next year (vs 56% for the rest of the cohort, n=8445).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Maintain commitment to lowering the company's debt-to-EBITDA ratio below 3.0 by the end of 2026.
Newly stated in 2025-Q3. Management committed to reducing the debt-to-EBITDA ratio below 3.0 by December 2026. Financials show operating income fluctuating with negative net income in recent quarters, indicating challenges; no updated ratio data provided, so progress is unclear.
“The Company remains committed to reducing its debt-to-EBITDA ratio below 3.0 by December 2026.”
Target full year 2025 revenue in the range of $730 million to $731 million as part of growth objectives.
Stated in 2 of last 2 quarters. Management guided full year 2025 revenue between $730M and $731M. Actual quarterly revenue grew from $181.9M in 2025-Q2 to $221.2M in 2026-Q1, indicating progress toward the annual target. The trajectory shows delivering growth consistent with guidance.
Aim to reach Adjusted EBITDA of $247 million for full year 2025 as a key profitability metric.
Stated in 2 of last 2 quarters. Management targeted full year 2025 Adjusted EBITDA of $247M. Operating income improved from -$14.6M in 2025-Q2 to $9.0M in 2026-Q1, showing progress toward profitability goals. The trajectory is delivering improvement consistent with the EBITDA target.
“Consolidated Guidance for CWAN: Full Year 2025 Adjusted EBITDA $247 million.”
Over the trailing year it converted 63.59x of net income into operating cash flow. Historically, Information Technology names rated robust grew net income 62% of the time over the next year (vs 50% for the rest of the cohort, n=3128).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
23 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Information Technology names rated volatile grew net income 60% of the time over the next year (vs 58% for the rest of the cohort, n=2769).
Not investment advice. As of 2026-09-04.
“Consolidated Guidance for CWAN: Full Year 2025 Revenue $730 million to $731 million.”
“Consolidated Guidance for Clearwater Analytics: Full Year 2025 Revenue $726 million to $732 million.”
“Adjusted EBITDA $232 million to $237 million for full year 2025.”