Clearwater Analytics Holdings stock reports 74 percent growth

Published on 09/30/2026 at 11:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Clearwater Analytics Holdings stock is tied to Q1 revenue of USD 221.2 million and ARR of USD 872.0 million. A French insurer selected its platform on September 30, 2026.

CWAN, US18270Q1058, Illustration mit AI erstellt.

Clearwater Analytics Holdings stock is anchored by Q1 2026 revenue of USD 221.20 million, up 74.00 percent year over year. The result gives the investment software company a measurable growth base as it expands its platform among insurers and other institutional investors.

Revenue growth sets the baseline

According to Simplify Jobs, Clearwater reported Q1 2026 annual recurring revenue of USD 872.00 million, alongside the USD 221.20 million revenue figure. ARR therefore stood at 3.94 times quarterly revenue, highlighting the recurring-revenue structure behind the business.

The same Q1 period included a net loss of USD 2.78 million, while operating cash flow reached USD 17.68 million. Those figures point to a company combining rapid top-line expansion with positive operating cash generation, even as reported earnings remained negative.

Insurance deal broadens reach

On September 30, 2026, Business Wire reported that French life insurer PREPAR-VIE selected Clearwater as its technology partner. PREPAR-VIE manages more than EUR 9 billion in assets, and the agreement covers portfolio management, order management, investment accounting, reconciliation and reporting.

The contract matters because it uses Clearwater across the front-to-back investment process rather than for a single reporting function. Clearwater's investor-relations page says the platform supports more than USD 10 trillion in assets globally across insurers, asset managers, hedge funds, banks, corporations and governments.

Market value and business scale

Clearwater Analytics Holdings had a market capitalization of USD 7.3 billion as of June 29, 2026. Its primary listing is NYSE under ticker CWAN, while the company operates in application software and provides cloud-based investment accounting, reporting, compliance, performance and risk analytics.

For investors, the central comparison is clear: Q1 revenue grew 74.00 percent year over year to USD 221.20 million, while ARR reached USD 872.00 million. The September 30 client win adds a concrete insurance use case to those operating figures.