NYSE$CWAN
Clearwater Analytics Holdings Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Clearwater Analytics reported strong Q4 2021 results with revenue up 27% year-over-year and a net retention rate of 111%.
Clearwater Analytics announced strong fourth quarter results, with revenue reaching $69.8 million, a 27.4% increase year-over-year. The company's gross revenue retention rate remained high at 98%, and the net revenue retention rate improved to 111%. Clearwater Analytics continues to expand into international markets, adding over 100 new clients in 2021.
- Q4 2021 revenue reached $69.8 million, up 27.4% year-over-year.
- Gross revenue retention rate was 98%.
- Net revenue retention rate improved to 111%.
- Net income for the quarter was $0.1 million.
Headline financials
Revenue & EPS history
Clearwater · Revenue · Quarterly
$69.8M
Forward guidance
Clearwater Analytics provided first quarter and full year 2022 guidance.
Tailwinds
- First quarter 2022 revenue is expected to be approximately $70 million, representing a 23% year-over-year growth.
- Full year 2022 revenue is projected to be between $302 million and $304 million, reflecting approximately 20% year-over-year growth.
- First quarter 2022 adjusted EBITDA is expected to be between $17 million and $18 million.
- Full year 2022 adjusted EBITDA is projected to be between $80 million and $82 million.
- The company anticipates continued growth and expansion in its operations.
Headwinds
- Equity-based compensation is expected to be approximately $66 million for the full year 2022.
- Depreciation and amortization are projected to be around $5 million for the full year 2022.
- Interest expense is estimated to be approximately $2 million for the full year 2022.
- The non-GAAP effective tax rate is expected to be 29%.
- The diluted share count is projected to be approximately 255 million.
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 Q4 2021
+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
| Quarter | Report date | Reaction (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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