Clearwater Analytics (CWAN) Revenue & Revenue Breakdown


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Clearwater Analytics Revenue Highlights


Latest Revenue (Y)

$368.17M

Latest Revenue (Q)

$106.79M

Main Segment (Y)

License

Main Geography (Y)

UNITED STATES

Clearwater Analytics Revenue by Period


Clearwater Analytics Revenue by Year

DateRevenueChange
2023-12-31$368.17M21.34%
2022-12-31$303.43M20.40%
2021-12-31$252.02M24.01%
2020-12-31$203.22M20.96%
2019-12-31$168.00M-

Clearwater Analytics generated $368.17M in revenue during NA 2023, up 21.34% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Clearwater Analytics Revenue by Quarter

DateRevenueChange
2024-06-30$106.79M3.96%
2024-03-31$102.72M3.74%
2023-12-31$99.02M4.60%
2023-09-30$94.66M5.32%
2023-06-30$89.88M6.23%
2023-03-31$84.61M2.32%
2022-12-31$82.69M8.01%
2022-09-30$76.55M4.28%
2022-06-30$73.41M3.72%
2022-03-31$70.78M1.46%
2021-12-31$69.76M8.18%
2021-09-30$64.49M5.94%
2021-06-30$60.88M7.00%
2021-03-31$56.89M3.90%
2020-12-31$54.76M2.63%
2020-09-30$53.35M-

Clearwater Analytics generated $106.79M in revenue during Q2 2024, up 3.96% compared to the previous quarter, and up 126.22% compared to the same period a year ago.

Clearwater Analytics Revenue Breakdown


Clearwater Analytics Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23
License$6.60M

Clearwater Analytics's latest annual revenue breakdown by segment (product or service), as of Dec 23: License (100.00%).

Clearwater Analytics Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
Non-US$67.84M$41.67M$22.54M
UNITED STATES$300.33M$261.75M$229.48M

Clearwater Analytics's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (81.57%), and Non-US (18.43%).

Quarterly Revenue by Country

CountryJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Non-US$18.85M$19.58M$19.66M$17.96M$15.68M$14.55M$10.24M$11.13M$11.29M$9.00M$7.05M$5.04M
UNITED STATES$87.94M$83.14M$79.36M$76.70M$74.20M$70.06M$72.45M$65.42M$62.12M$61.78M$62.72M$59.45M

Clearwater Analytics's latest quarterly revenue breakdown by geography, as of Jun 24: UNITED STATES (82.34%), and Non-US (17.66%).

Clearwater Analytics Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
PCTYPaylocity$1.40B$401.28M
ENVEnvestnet$1.25B$348.27M
PCORProcore$950.01M$284.35M
PWSCPowerSchool$697.65M$191.59M
PYCRPaycor HCM$654.95M$187.02M
CVTCvent$630.56M$166.21M
DSGXDescartes Systems Group$575.23M$149.11M
CWANClearwater Analytics$368.17M$106.79M
ALKTAlkami$264.83M$82.16M
ENFNEnfusion$174.53M$49.45M
ONTFON24$163.71M$37.35M
EXFYExpensify$150.69M$33.29M

CWAN Revenue FAQ


Clearwater Analytics's yearly revenue for 2023 was $368.17M, representing an increase of 21.34% compared to 2022. The company's yearly revenue for 2022 was $303.43M, representing an increase of 20.40% compared to 2021. CWAN's yearly revenue for 2021 was $252.02M, representing an increase of 24.01% compared to 2020.

Clearwater Analytics's quarterly revenue for Q2 2024 was $106.79M, a 3.96% increase from the previous quarter (Q1 2024), and a 18.82% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $102.72M, a 3.74% increase from the previous quarter (Q4 2023), and a 21.41% increase year-over-year (Q1 2023). CWAN's quarterly revenue for Q4 2023 was $99.02M, a 4.60% increase from the previous quarter (Q3 2023), and a 19.75% increase year-over-year (Q4 2022).

Clearwater Analytics's revenue growth rate for the last 3 years (2021-2023) was 46.09%, and for the last 5 years (2019-2023) was 119.15%.

Clearwater Analytics's revenue streams in c 23 are License

For the fiscal year ending Dec 23, the largest source of revenue of Clearwater Analytics was License. This segment made a revenue of $6.6M, representing 100.00% of the company's total revenue.