NYSE$CWAN

Clearwater Analytics Holdings Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Clearwater Analytics reported Q3 2025, revenue of $205.1M, a net loss of $10.5M.

For Q3 2025, Clearwater Analytics reported revenue of $205.1M, a net loss of $10.5M. Management discussed operating trends, liquidity, and priorities as disclosed in the quarterly filing.

  • Revenue $205.1M.
  • Net loss $10.5M.
  • Clearwater Analytics updated strategic and capital priorities in the filing.

Headline financials

Total Revenue

$205M

Previous: $116M+77.1%
EPS (adj)

$0.04

Previous: $0.02+100.0%
Capital Expenditures

-$8.51M

Previous: -$4.44M-91.8%
Free Cash Flow

-$18.8M

Previous: -$808K-2232.5%
Net Income

-$10.3M

Previous: $3.63M-384.8%
Operating Income

$6.55M

Previous: $7.34M-10.7%
Gross Profit

$134M

Previous: $84.5M+59.2%

Revenue & EPS history

Clearwater · Revenue · Quarterly

$205M

Q3 2025+77.1%vs Q3 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

The filing discusses Clearwater Analytics's outlook, capital deployment, and key risks without relying solely on numeric EPS guidance.

Tailwinds

  • Clearwater Analytics cited execution on strategic priorities in the filing.
  • Balance sheet and liquidity support continued operations.

Headwinds

  • GAAP profitability remained under pressure in the quarter.
  • Macro, competitive, and cost pressures may affect margins.
  • Segment mix and one-time items can affect comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+1.9%

Avg return

Earnings day

+2.5%

Avg return

5 days after

+4.6%

Avg return

30 days after

67%

12 / 18 earnings

Positive

+21.6%

Q3 2024

Best reaction

-13.8%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.2%+0.1%+0.3%
Q4 2025+0.8%+0.2%+1.3%
Q3 2025-8.3%+6.3%+25.4%
Q1 2025+0.7%+0.5%+1.6%
Q4 2024+10.7%+13.2%-2.0%
Q3 2024+21.6%+15.1%+10.3%
Q2 2024+18.7%+16.3%+25.1%
Q1 2024+8.9%+10.7%+20.3%
Q4 2023-13.8%-12.2%-11.5%
Q3 2023+2.9%+0.4%+9.3%
Q2 2023+2.2%-2.0%+6.0%
Q1 2023-2.6%+1.2%+7.6%
Q4 2022-7.4%-5.7%-21.7%
Q3 2022+8.9%+10.2%+19.3%
Q2 2022+1.5%+13.4%+14.9%
Q1 2022-5.1%-6.9%-23.3%
Q4 2021-10.6%-11.0%+5.5%
Q3 2021+4.9%-4.5%-5.5%
Q2 2021
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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