Recent 8-K filings for CWAN

• May 7, 2026, 7:59 PM ET M&A materiality 0.70 neutral item 5.07

  Clearwater Analytics stockholders approve merger with GT Silver BidCo; expected close Q2 2026

  205,143,338 votes for, 1,387,769 against, 4,235,339 abstained on Merger Agreement adoption.

• May 7, 2026, 7:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01 ◈ Earnings Releases

  Clearwater Q1 revenue $221M (+74% YoY); adjusted EBITDA $77.4M; acquisition expected Q2 2026

  Revenue $221.2M (+74% YoY); ARR $872M (+77% YoY); Adj. EBITDA $77.4M (+72% YoY).

• February 18, 2026, 6:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01

  CWAN Q4 revenue $217.5M (+72% YoY); ARR $841M (+77%); Adj EBITDA $74.1M (+78%)

  Revenue $217.5M (+72% YoY); GAAP net loss $12.5M vs net income $420.3M in Q4'24.

• February 17, 2026, 6:59 PM ET M&A materiality 0.60 positive item 7.01

  Clearwater Analytics gets early HSR termination for GT Silver merger; Q2 2026 close expected

  Early termination of HSR waiting period granted effective February 13, 2026.

• January 23, 2026, 6:59 PM ET M&A materiality 0.70 neutral item 8.01

  Clearwater Analytics go-shop period expires with no alternative acquisition proposals

  Go-shop period expired Jan 23, 2026; no alternative acquisition proposal received from any of 44 solicited parties.

• December 22, 2025, 6:59 PM ET M&A materiality 1.00 neutral item 1.01item 8.01item 9.01

  Clearwater Analytics to be acquired for $8.4B, shareholders to receive $24.55 per share cash

  Transaction valued at ~$8.4B; per share cash price of $24.55 represents ~47% premium over undisturbed price as of Nov 10, 2025.

• November 5, 2025, 6:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01

  Clearwater Q3 revenue $205.1M (+77% YoY); Adj EBITDA $70.7M (+84%); ARR $807.5M

  Revenue $205.1M (+77% YoY); Adjusted EBITDA $70.7M (+84% YoY) with margin 34.5%.

• September 3, 2025, 7:59 PM ET other material materiality 0.60 positive item 8.01item 9.01

  Clearwater Analytics authorizes $100M share repurchase program

  Board authorized up to $100M in repurchases of Class A common stock.

• August 6, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

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

  Revenue $181.9M, up 70% YoY; ARR $783.5M, up 83% YoY.

• June 16, 2025, 7:59 PM ET other material materiality 0.65 neutral item 3.03item 5.03item 8.01item 9.01 ◈ Governance Changes

  Clearwater Analytics eliminates all super-voting shares after WCAS stake drops below 5%

  All outstanding super-voting Class C and Class D shares (10 votes each) auto-converted to single-vote Class B and Class A shares on June 12, 2025.

• April 30, 2025, 7:59 PM ET earnings materiality 0.85 positive item 2.02item 9.01

  Clearwater Analytics Q1 revenue $126.9M (+24%), net income $6.9M, adjusted EBITDA $45.1M (+40%)

  Q1 revenue $126.9M (+23.5% YoY); net income $6.9M vs $2.2M YoY; GAAP EPS $0.03.

• April 21, 2025, 7:59 PM ET M&A materiality 0.85 positive item 1.01item 1.02item 2.01item 2.03item 7.01item 9.01 ◈ M&A Transactions

  Clearwater completes $1.5B acquisition of Enfusion, unifies front-to-back investment platform

  Acquisition valued at ~$1.5B; Enfusion holders receive $10.87/share (cash) or 0.4676 CWAN shares, subject to proration (52% cash/48% stock).

• April 17, 2025, 7:59 PM ET M&A materiality 0.65 neutral item 8.01item 9.01

  Clearwater-Enfusion deal to close Apr 21; cash election oversubscribed at $10.87/share

  Expected close on April 21, 2025, pending shareholder approval and customary conditions.

• April 2, 2025, 7:59 PM ET M&A materiality 0.60 neutral item 8.01item 9.01

  Clearwater/Enfusion set April 16 election deadline; deal expected to close April 21

  Enfusion shareholders must elect form of merger consideration by 5:00 p.m. ET on April 16, 2025.

• March 31, 2025, 7:59 PM ET M&A materiality 0.65 neutral item 2.01item 3.02

  Clearwater Analytics closes acquisition of Blackstone's Bistro portfolio visualization platform

  Consideration: 3,833,333 shares of Class A common stock issued at closing, plus $10M cash due by July 1, 2025.

• March 12, 2025, 7:59 PM ET M&A materiality 0.85 positive item 1.01item 3.02item 8.01item 7.01item 9.01

  Clearwater Analytics acquires Beacon for ~$560M and Bistro from Blackstone for $125M

  Beacon acquisition: ~$560M total (60% cash, 40% stock at $30.05/share); Beacon had $44M ARR in 2024.

• February 27, 2025, 6:59 PM ET M&A materiality 0.60 positive item 7.01item 9.01

  Clearwater & Enfusion HSR waiting period expired; deal on track for Q2 2025 close

  HSR Act waiting period expired Feb 24, 2025, satisfying a key regulatory condition.

• February 19, 2025, 6:59 PM ET earnings materiality 0.85 positive item 2.02item 9.01

  Clearwater Q4 revenue $126.5M (+27.7% YoY); guides FY2025 rev $535.5-542M; $1.5B Enfusion deal noted

  Q4 revenue $126.5M (+27.7% YoY); ARR $474.9M (+25.3% YoY); net income $420.3M includes $472M one-time tax benefit from DTA release.

• January 13, 2025, 6:59 PM ET M&A materiality 0.90 positive item 1.01item 7.01item 9.01

  Clearwater Analytics to acquire Enfusion; $1.0B debt financing, $52.3M termination fee

  Merger agreement signed Jan 10, 2025; Enfusion stockholders can elect mixed, stock, or cash consideration per share.

• November 13, 2024, 6:59 PM ET other material materiality 0.60 neutral item 8.01item 9.01

  Selling stockholders to offer 25M shares of Clearwater Analytics in secondary offering

  25M shares of Class A common stock offered by selling stockholders; company receives no proceeds.

• November 6, 2024, 6:59 PM ET earnings materiality 0.80 positive item 1.01item 1.02item 2.02item 9.01

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

  Revenue $115.8M (+22.4% YoY); net income $4.8M vs loss $2.3M; Adjusted EBITDA $38.3M (+34.3%).

• July 31, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

  Clearwater Analytics Q2 revenue $106.8M (+19% YoY); net income $0.3M vs loss, adj EBITDA $33.4M (+35%)

  Revenue $106.8M (+18.8% YoY); net income $0.3M vs net loss of $11.9M in Q2 2023.

• May 1, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01 ◈ Earnings Releases

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

  Net income of $2.2M vs loss of $5.4M YoY; non-GAAP net income $26.2M (+48.8%).

• April 22, 2024, 7:59 PM ET M&A materiality 0.70 positive item 7.01item 9.01

  Clearwater Analytics closes acquisition of Wilshire's risk and performance analytics solutions

  Completed acquisition of Wilshire Axiom, Wilshire Atlas, Wilshire Abacus, and Wilshire iQComposite.

• April 2, 2024, 7:59 PM ET M&A materiality 0.75 positive item 7.01item 9.01

  Clearwater Analytics to acquire Wilshire risk & performance analytics for ~$40M

  Acquires Wilshire Axiom, Atlas, Abacus, and iQComposite analytics platforms for risk and performance.

• February 28, 2024, 6:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01 ◈ Earnings Releases

  Clearwater Analytics Q4 revenue $99M (+20% YoY); FY 2024 guidance $431-437M revenue

  Revenue $99.0M in Q4, +19.8% YoY; full year $368.2M, +21.3% YoY.

Earnings & guidance

Materiality & sentiment trend

Max materiality 1.00 · Median 0.70 · Most common event m_and_a

19 positive 1 negative 13 neutral

source · CWAN on sec.gov