---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-019629"
form_type: "8-K"
ticker: "CWAN"
cik: "0001866368"
company_name: "Clearwater Analytics Holdings, Inc."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:16:06.436475+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clearwater Analytics Q1 revenue $102.7M (+21%); ARR $402.3M; guides FY rev $438-442M

## Summary
- Net income of $2.2M vs loss of $5.4M YoY; non-GAAP net income $26.2M (+48.8%).
- Adjusted EBITDA $32.2M (31.3% margin, +470 bps); free cash flow $8.6M (+38%).
- Gross revenue retention 99%; net revenue retention 110% as of March 31, 2024.
- Completed acquisition of Wilshire Advisors risk/analytics platforms on April 22, 2024.
- Q2 revenue guidance $105M-$106M; FY2024 revenue $438M-$442M; Adj. EBITDA $137M-$139M.

## SEC filing metadata
- accession: 0001628280-24-019629
- form_type: 8-K
- ticker: CWAN
- cik: 0001866368
- company_name: Clearwater Analytics Holdings, Inc.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866368/000162828024019629/0001628280-24-019629-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866368/000162828024019629/cwan-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-019629
- JSON: https://secwatch.observer/filing/0001628280-24-019629.json
- Plain text: https://secwatch.observer/filing/0001628280-24-019629.txt

## Key facts
- Earnings Releases
  Clearwater Analytics Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $102.7 million, net income $2.2 million, EPS $0.01.
  - Period: first quarter ended March 31, 2024
  - Revenue: $102.7 million
  - Net income: $2.2 million
  - EPS: $0.01
  - Result: reported results
  source text: Total revenue for the first quarter of 2024 was $102.7 million, an increase of 21.4%, from $84.6 million in the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866368/000162828024019629/0001628280-24-019629-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.