Financial Snapshot

Revenue
$424.4M
TTM
Gross Margin
72.22%
TTM
Net Earnings
$664.0K
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
466.27%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$453.6M
Q3 2024
Cash
Q3 2024
P/E
12.05K
Nov 11, 2024 EST
Free Cash Flow
$121.6M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $368.2M $303.4M $252.0M $203.2M $168.0M
YoY Change 21.34% 20.4% 24.01% 20.96%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $368.2M $303.4M $252.0M $203.2M $168.0M
Cost Of Revenue $107.1M $87.78M $67.86M $53.26M $47.15M
Gross Profit $261.0M $215.6M $184.2M $150.0M $120.9M
Gross Profit Margin 70.9% 71.07% 73.07% 73.79% 71.94%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $153.9M $116.4M $83.01M $66.12M $55.88M
YoY Change 32.18% 40.24% 25.55% 18.31%
% of Gross Profit 58.94% 53.98% 45.07% 44.09% 46.24%
Research & Development $123.9M $94.12M $72.69M $55.26M $39.28M
YoY Change 31.67% 29.48% 31.54% 40.71%
% of Gross Profit 47.47% 43.65% 39.47% 36.85% 32.5%
Depreciation & Amortization $9.929M $5.139M $3.493M $2.271M $2.019M
YoY Change 93.21% 47.12% 53.81% 12.48%
% of Gross Profit 3.8% 2.38% 1.9% 1.51% 1.67%
Operating Expenses $277.8M $210.5M $155.7M $170.4M $95.16M
YoY Change 31.95% 35.21% -8.62% 79.04%
Operating Profit -$16.75M $5.117M $28.46M -$20.42M $25.70M
YoY Change -427.24% -82.02% -239.39% -179.46%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $6.401M $1.137M $25.68M $22.85M $17.81M
YoY Change 462.97% -95.57% 12.37% 28.34%
% of Operating Profit 22.22% 90.24% 69.3%
Other Income/Expense, Net $1.874M $50.00K -$83.00K -$56.00K -$85.00K
YoY Change 3648.0% -160.24% 48.21% -34.12%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$22.87M -$5.335M -$7.607M -$43.33M $7.805M
YoY Change 328.6% -29.87% -82.44% -655.13%
Income Tax $217.0K $1.360M $487.0K $902.0K $73.00K
% Of Pretax Income 0.94%
Net Earnings -$21.63M -$7.967M -$8.213M -$44.23M $7.732M
YoY Change 171.46% -3.0% -81.43% -672.04%
Net Earnings / Revenue -5.87% -2.63% -3.26% -21.76% 4.6%
Basic Earnings Per Share -$0.11 -$0.04 -$0.05
Diluted Earnings Per Share -$0.11 -$0.04 -$34.72K -$191.1K $33.40K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $296.2M $255.6M $254.6M $61.09M $20.25M
YoY Change 15.89% 0.4% 316.77% 201.61%
Cash & Equivalents $221.8M $250.7M $254.6M $61.09M $20.25M
Short-Term Investments $74.46M $4.890M
Other Short-Term Assets $18.84M $21.50M $16.55M $7.550M $6.002M
YoY Change -12.37% 29.88% 119.22% 25.79%
Inventory
Prepaid Expenses
Receivables $94.86M $75.09M $50.19M $32.88M $26.56M
Other Receivables $6.074M $4.142M $0.00 $0.00 $0.00
Total Short-Term Assets $416.0M $356.3M $321.3M $101.5M $52.81M
YoY Change 16.74% 10.89% 216.53% 92.23%
Property, Plant & Equipment $37.90M $39.18M $10.74M $8.849M $7.094M
YoY Change -3.25% 264.85% 21.35% 24.74%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $21.50M
YoY Change
Other Assets $9.970M $11.98M $12.28M $5.190M $4.061M
YoY Change -16.78% -2.44% 136.59% 27.8%
Total Long-Term Assets $142.7M $125.6M $23.02M $14.04M $11.16M
YoY Change 13.66% 445.67% 63.95% 25.85%
Total Assets $558.7M $481.9M $344.4M $115.6M $63.97M
YoY Change
Accounts Payable $3.062M $3.092M $1.416M $1.340M $1.140M
YoY Change -0.97% 118.36% 5.67% 17.54%
Accrued Expenses $47.57M $41.86M $22.91M $29.74M $12.71M
YoY Change 13.63% 82.77% -22.99% 134.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.750M $2.750M $2.750M $3.077M $2.800M
YoY Change 0.0% 0.0% -10.63% 9.89%
Total Short-Term Liabilities $80.79M $66.01M $31.20M $38.21M $20.56M
YoY Change 22.39% 111.59% -18.34% 85.83%
Long-Term Debt $45.83M $48.49M $51.16M $421.8M $244.1M
YoY Change -5.49% -5.21% -87.87% 72.83%
Other Long-Term Liabilities $17.11M $23.12M $132.0K $134.0K $59.00K
YoY Change -25.99% 17415.15% -1.49% 127.12%
Total Long-Term Liabilities $62.94M $71.61M $51.29M $422.0M $244.1M
YoY Change -12.11% 39.62% -87.85% 72.84%
Total Liabilities $204.4M $212.4M $147.5M $460.2M $264.7M
YoY Change -3.77% 44.03% -67.95% 73.85%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 199.7M shares 185.6M 177.7M
Diluted Shares Outstanding 199.7M shares 185.6M 236.2M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $7.9998 Billion

About Clearwater Analytics Holdings Inc

Clearwater Analytics Holdings, Inc. engages in the provision of web-based investment portfolio accounting, reporting, and reconciliation services. The company is headquartered in Boise, Idaho and currently employs 1,756 full-time employees. The company went IPO on 2021-09-24. With a single instance, multi-tenant architecture, the Company offers investment portfolio planning, performance reporting, data aggregation, reconciliation, accounting, compliance, risk, and order management. Its cloud-native software allows clients to radically simplify their investment accounting operations, enabling them to focus on higher-value business functions, such as asset allocation strategy and investment selection. Its platform provides comprehensive accounting, data, and advanced analytics as well as highly configurable reporting for global investment assets daily or on-demand, instead of weekly or monthly. Its software automates data aggregation, data reconciliation, data validation, and trade management of each security in its client’s investment portfolios. The company serves a broad universe of institutional clients.

Industry: Services-Prepackaged Software Peers: Altair Engineering Inc Alteryx, Inc. Appfolio Inc Asana Inc Freshworks Inc nCino Inc NEW RELIC, INC. RingCentral Inc Salesforce Inc Smartsheet Inc