---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-045726"
form_type: "8-K"
ticker: "CWAN"
cik: "0001866368"
company_name: "Clearwater Analytics Holdings, Inc."
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:50:09.761703+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Clearwater Q3 revenue $115.8M (+22% YoY); ARR $456.9M (+26%); TRA buyout $72.5M

## Summary
- Revenue $115.8M (+22.4% YoY); net income $4.8M vs loss $2.3M; Adjusted EBITDA $38.3M (+34.3%).
- ARR $456.9M (+26.1% YoY); GRR 99%; NRR 114%; operating cash flow $49.7M (+57%).
- TRA buyout: one-time settlement $72.5M to terminate all past/future payments; expects $542M savings on $614M total liability.
- Q4 guidance: revenue $120.2M, FY24 $445.5M; Adjusted EBITDA $142.5M (margin ~32%).
- Non-GAAP diluted EPS $0.12; appointed Fleur Sohtz as CMO; cash & investments $336.7M.

## SEC filing metadata
- accession: 0001628280-24-045726
- form_type: 8-K
- ticker: CWAN
- cik: 0001866368
- company_name: Clearwater Analytics Holdings, Inc.
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 1.02, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866368/000162828024045726/0001628280-24-045726-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866368/000162828024045726/cwan-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-045726
- JSON: https://secwatch.observer/filing/0001628280-24-045726.json
- Plain text: https://secwatch.observer/filing/0001628280-24-045726.txt

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