---
schema_version: "secwatch.filing_event.v1"
accession: "0001866368-25-000016"
form_type: "8-K"
ticker: "CWAN"
cik: "0001866368"
company_name: "Clearwater Analytics Holdings, Inc."
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T19:57:59.954052+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clearwater Analytics Q2 revenue $181.9M (+70% YoY); raises FY2025 guidance

## Summary
- Revenue $181.9M, up 70% YoY; ARR $783.5M, up 83% YoY.
- Net loss $24.2M ($0.09/share); non-GAAP net income $34.8M ($0.12 diluted).
- Adjusted EBITDA $58.3M (32.1% margin), up 74% YoY.
- Achieved $20M synergy target one year early; non-GAAP gross margin 77.4%.
- Q3 guidance rev $203-204M; FY2025 rev $726-732M, Adj EBITDA $232-237M.

## SEC filing metadata
- accession: 0001866368-25-000016
- form_type: 8-K
- ticker: CWAN
- cik: 0001866368
- company_name: Clearwater Analytics Holdings, Inc.
- filed_at: 2025-08-06T23:59:59+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/1866368/000186636825000016/0001866368-25-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866368/000186636825000016/cwan-20250806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866368-25-000016
- JSON: https://secwatch.observer/filing/0001866368-25-000016.json
- Plain text: https://secwatch.observer/filing/0001866368-25-000016.txt

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