Clearwater Analytics Holdings, Inc.CWAN

Market cap

$6.5B

P/E ratio

	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents	255	251	222	177
Short-term investments	-	5	74	78
Accounts receivable, net	50	73	92	106
Prepaid expenses and other current assets	17	28	28	23
Total current assets	321	356	416	385
Property and equipment, net	11	15	15	15
Operating Lease, Right-of-Use Asset	-	24	23	25
Deferred contract costs, non-current	6	7	6	7
Debt issuance costs - line of credit	1	1	1	0
Deferred tax assets, net	-	-	-	603
Other non-current assets	6	6	5	3
Intangible assets, net	-	29	26	31
Goodwill	-	44	45	71
Long-Term Investment	-	-	21	30
Total assets	344	482	559	1,170
Accounts payable	1	3	3	3
Accrued Liabilities and Other Liabilities	27	42	50	63
Notes Payable, Current	3	3	3	3
Operating Lease, Liability, Current	-	6	7	8
Tax receivable agreement liability	-	-	19	0
Total current liabilities	31	66	81	77
Notes Payable, Noncurrent	51	48	46	43
Operating Lease, Liability, Noncurrent	-	20	17	18
Other long-term liabilities	0	10	6	1
Total liabilities	82	144	149	139
Class A	0	0	0	0
Class B	0	0	-	-
Class C	0	0	0	0
Class D	0	0	0	0
Additional paid-in-capital	389	455	533	725
Accumulated other comprehensive (loss) income	-0	1	3	-1
Retained earnings (accumulated deficit)	-192	-187	-181	284
Total stockholders' equity attributable to Clearwater Analytics Holdings, Inc.	-	-	-	1,030
Non-controlling interests	65	69	55	22
Class A	-	-	-	0
Class C	-	-	-	0
Class D	-	-	-	0
Total stockholders' equity	-	-	-	1,030
Total liabilities and stockholders' equity	344	482	559	1,170