secwatch.observer — SEC 8-K summary
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Issuer:     Clearwater Analytics Holdings, Inc. (CWAN)
CIK:        0001866368
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001866368-25-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearwater Q3 revenue $205.1M (+77% YoY); Adj EBITDA $70.7M (+84%); ARR $807.5M
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- Revenue $205.1M (+77% YoY); Adjusted EBITDA $70.7M (+84% YoY) with margin 34.5%.
- GAAP net loss $10.5M vs net income $4.8M prior year; Non-GAAP net income $40.6M (+31%).
- ARR $807.5M (+77% YoY); organic ARR excl. acquisitions $534.4M (sequential +$21.7M).
- Q4 guidance: revenue $216-217M, Adj EBITDA $73M; FY2025 revenue $730-731M, Adj EBITDA $247M.
- Operating cash flow $49.0M; free cash flow $44.9M; repaid $40M debt; $8.9M share repurchase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866368/000186636825000029/0001866368-25-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866368/000186636825000029/cwan-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001866368-25-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer