Clearwater Analytics Q4 revenue slightly beats estimates

Clearwater Analytics Holdings

18/02/2026 21:25

Overview

Investment management platform's Q4 revenue rose, slightly beating analyst expectations

Adjusted EBITDA for Q4 beat analyst estimates, growing 78% yr/yr

Result Drivers

GENAI INVESTMENTS - Co attributed record non-GAAP gross margin to efficiencies from GenAI investments

AI CAPABILITIES - Co reported a 10x increase in clients using AI workflows, reducing manual reconciliation by 90%

CLIENT BASE EXPANSION - Co closed multiple 7-figure deals, expanding client base with new wins

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$217.50 mln
$216.66 mln (10 Analysts)
Q4 Adjusted Net Income
Slight Miss*
$44.40 mln
$44.84 mln (8 Analysts)
Q4 Net Income
-$12.50 mln
Q4 Adjusted EBITDA
Beat
$74.10 mln
$72.98 mln (10 Analysts)
Q4 Adjusted EBITDA Margin
34.10%
Q4 Adjusted Gross Profit
$172.20 mln
Q4 Annual Recurring Revenue
$841 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 7 "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 $24.55, about 7.1% above its February 17 closing price of $22.93

The stock recently traded at 33 times the next 12-month earnings vs. a P/E of 27 three months ago

Press Release: ID:nBw8kmXXja

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(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.)