secwatch.observer — SEC 8-K summary
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Issuer:     Clearwater Analytics Holdings, Inc. (CWAN)
CIK:        0001866368
Form:       8-K
Filed at:   2026-02-18T23:59:59+00:00
Accession:  0001866368-26-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CWAN Q4 revenue $217.5M (+72% YoY); ARR $841M (+77%); Adj EBITDA $74.1M (+78%)
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- Revenue $217.5M (+72% YoY); GAAP net loss $12.5M vs net income $420.3M in Q4'24.
- ARR $841M (+77% YoY); adjusted EBITDA $74.1M (+78%); non-GAAP gross margin record 79.2%.
- Operating cash flow $55.3M; free cash flow $52.3M; repurchased 510k shares for $9.2M at avg $17.97.
- Net revenue retention rate 109% (up from 108% in Q3); gross revenue retention 98%.
- Proposed acquisition at $24.55/share expected to close Q2 2026; no earnings call or forward guidance given.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866368/000186636826000009/0001866368-26-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866368/000186636826000009/cwan-20260218.htm
  HTML page:      https://secwatch.observer/filing/0001866368-26-000009

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