Brief: Clearwater Analytics Q2 Revenue USD 181.9 Million Vs. IBES Estimate USD 174.1 Million

Clearwater Analytics Holdings

06/08/2025 21:15

Overview

Clearwater Q2 revenue rises 70% yr/yr, beating analyst expectations, per LSEG data

Adjusted EBITDA for Q2 beats estimates, rising 74% yr/yr

Co achieved $20 mln synergy target ahead of schedule

Outlook

Clearwater Analytics expects Q3 revenue of $203 mln to $204 mln

Company forecasts full-year revenue of $726 mln to $732 mln

Clearwater Analytics sees Q3 adjusted EBITDA around $65 mln

Company anticipates full-year adjusted EBITDA of $232 mln to $237 mln

Result Drivers

CLIENT ENGAGEMENT - Strong client meetings across multiple countries contributed to positive sentiment and support for Clearwater's platform, per CEO Sandeep Sahai

SYNERGY TARGET - Achieved $20 mln synergy target a year ahead of schedule, aiding financial performance

INTERNATIONAL EXPANSION - Secured significant mandates in APAC and welcomed Germany’s largest public insurer, boosting international presence

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$181.90 mln
$174.10 mln (10 Analysts)
Q2 Adjusted Net Income
Beat
$34.80 mln
$34.70 mln (8 Analysts)
Q2 Net Income
-$24.20 mln
Q2 Adjusted EBITDA
Beat
$58.30 mln
$52.80 mln (9 Analysts)
Q2 Adjusted EBITDA Margin
32.1%
Q2 Adjusted Gross Profit
$140.80 mln
Q2 Annual Recurring Revenue
$783.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Clearwater Analytics Holdings Inc is $35.00, about 41.7% above its August 5 closing price of $20.39

The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 40 three months ago

Press Release: ID:nBw61yrdKa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)