Clearwater Earnings Reports

Clearwater Analytics achieved record revenue of $126.5 million in Q4 2024, marking a 27.7% YoY growth. Net income surged to $420.3 million, largely influenced by a one-time tax benefit. Adjusted EBITDA reached $41.7 million, reflecting a 39% YoY increase. The company also reported a net revenue retention rate of 116%, underscoring its strong client engagement and expansion efforts.

Clearwater Analytics announced strong Q3 2024 results, with record revenue of $115.8 million, a 22% year-over-year increase. Annualized Recurring Revenue (ARR) reached $456.9 million, up 26% year-over-year. Net income was $4.8 million, and adjusted EBITDA grew by 34% to $38.3 million. The company also highlighted its investments in R&D and new products, as well as an agreement to terminate the Tax Receivable Agreement.

Clearwater Analytics announced strong second-quarter results, marked by a 19% year-over-year increase in revenue to $106.8 million and a 22% rise in Annual Recurring Revenue (ARR) to $427.2 million. The company's adjusted EBITDA grew by 35% year-over-year, reaching $33.4 million, and free cash flow increased by 117%.

Clearwater Analytics announced strong Q1 2024 results, with a 21.4% increase in revenue to $102.7 million and a 42.9% increase in Adjusted EBITDA to $32.2 million. The company also reported a net income of $2.2 million, a significant improvement from the previous year's net loss. Key metrics such as ARR and retention rates showed healthy growth, and strategic acquisitions are expected to further expand the company's market presence.

Clearwater Analytics reported a strong Q4 2023 with revenue reaching $99.0 million, a 20% increase year-over-year. The company's adjusted EBITDA margin was 30.3%, and free cash flow was $22.5 million. Clearwater Analytics ended the year with $379.1 million in Annualized Recurring Revenue (ARR), reflecting a 17.2% year-over-year growth.

Clearwater Analytics announced its Q3 2023 financial results, reporting a 24% year-over-year increase in revenue to $94.7 million. The company's adjusted EBITDA grew by 51% year-over-year to $28.6 million, with an adjusted EBITDA margin of 30%.

Clearwater Analytics reported a revenue of $89.9 million, a 22.4% increase year-over-year. The company's ARR reached $349.5 million, up 20.4% year-over-year. Adjusted EBITDA was $24.8 million, up 30.2% year-over-year.

Clearwater Analytics announced strong Q1 2023 financial results, with record quarterly revenue of $84.6 million, up 19.5% year-over-year. The company's ARR reached $337.4 million, and the net revenue retention rate was 106%. Adjusted EBITDA was $22.5 million, representing a 26.6% margin.

Clearwater Analytics announced strong Q4 2022 financial results, with revenue reaching $82.7 million, up 18.5% year-over-year. The company's ARR grew to $323.5 million, a 16.4% increase year-over-year, and it maintained a high gross revenue retention rate of 98% and a net revenue retention rate of 106%.

Clearwater Analytics reported a strong third quarter with record revenue of $76.6 million, a 19% increase year-over-year. The company won large and global organizations and is expanding its product portfolio through the acquisition of JUMP Technology.

Clearwater Analytics announced strong Q2 2022 financial results, with a revenue increase of 20.6% year-over-year, reaching $73.4 million. The company continues to grow by adding new clients and displacing competitors. Operating cash flow generation of $18.3 million and free cash flow of $16.5 million.

Clearwater Analytics announced its Q1 2022 financial results, with total revenue reaching $70.8 million, a 24.4% increase year-over-year. The company's ARR reached $287.1 million, a 23.5% increase year-over-year, and the gross revenue retention rate remained strong at 98%.

Clearwater Analytics announced strong fourth quarter results, with revenue reaching $69.8 million, a 27.4% increase year-over-year. The company's gross revenue retention rate remained high at 98%, and the net revenue retention rate improved to 111%. Clearwater Analytics continues to expand into international markets, adding over 100 new clients in 2021.

Clearwater Analytics reported a strong third quarter in 2021, marked by a 21% increase in revenue to $64.5 million and robust retention rates. The company's net loss was $11.4 million, including a $10.3 million loss on debt extinguishment, while non-GAAP net income reached $8.7 million. Clearwater's ARR reached $257.0 million, reflecting continued growth and market penetration.