Commit Analytics
Clearwater Analytics, headquartered in Boise, Idaho, is a leading provider of investment management technology.
Profile
Clearwater Analytics provides a technology platform for investment management, integrating data aggregation, reconciliation, and reporting.
Clearwater Analytics, headquartered in Boise, Idaho, is a leading provider of investment management technology. Founded in 2004, the company has grown to become a significant player in the financial technology sector, offering a comprehensive platform that integrates data aggregation, reconciliation, and reporting. Clearwater Analytics went public in 2021 and trades on the NYSE under the ticker CWAN.
As of Q1 2026, the company reported quarterly revenue of $221.2 million, a 74% year-over-year increase, and an annualized recurring revenue of $872 million, up 77% from the previous year. Adjusted EBITDA for the quarter stood at $77.4 million, reflecting a 72% increase. The company’s growth is driven by its ability to integrate GenAI tools into its operations, enabling rapid internal automation and product development.
Clearwater’s platform is used by a diverse range of clients, including asset managers, insurance companies, and corporations, to streamline investment management processes. The company’s recent acquisitions, including Enfusion, Beacon, and Bistro, have further solidified its market position, allowing it to offer a more comprehensive suite of services. Clearwater’s focus on profitability and scalability has made it a standout in the competitive fintech landscape.
Who buys this
- Asset managers
- Insurance companies
- Corporations
- Pension funds
- Wealth management firms
Strengths and what to watch
Strengths
- Strong financial performance with 74% year-over-year revenue growth in Q1 2026
- Integration of GenAI tools enabling rapid internal automation and product development
- Comprehensive platform offering data aggregation, reconciliation, and reporting
Watch for
- Potential challenges in integrating recent acquisitions into existing operations
- Dependence on continued adoption of GenAI tools for sustained growth
- Market competition in the increasingly crowded fintech space
Recent moves
Key Information
- Founded
- 2004
- Headquarters
- Boise, Idaho
Frequently Asked Questions
What does Clearwater Analytics do?
Clearwater Analytics provides a technology platform for investment management, integrating data aggregation, reconciliation, and reporting. The company serves asset managers, insurance companies, and corporations, streamlining investment processes with its comprehensive solutions.
How has Clearwater Analytics performed financially in 2026?
In Q1 2026, Clearwater Analytics reported quarterly revenue of $221.2 million, a 74% year-over-year increase. The company’s annualized recurring revenue reached $872 million, up 77%, with adjusted EBITDA at $77.4 million, reflecting strong financial growth.
Who are Clearwater Analytics' main customers?
Clearwater Analytics serves a diverse range of clients, including asset managers, insurance companies, corporations, pension funds, and wealth management firms. These sectors benefit from its investment management platform for data aggregation, reconciliation, and reporting.
What recent acquisitions has Clearwater Analytics made?
Clearwater Analytics has recently acquired Enfusion, Beacon, and Bistro. These acquisitions enhance its market position, allowing the company to offer a more comprehensive suite of services in the investment management and fintech sectors.
How does Clearwater Analytics integrate GenAI tools?
Clearwater Analytics integrates GenAI tools to enable rapid internal automation and product development. This integration drives efficiency and scalability, supporting the company’s growth and enhancing its investment management platform.
What challenges does Clearwater Analytics face?
Clearwater Analytics faces challenges in integrating recent acquisitions, sustaining growth through GenAI adoption, and competing in the crowded fintech market. These factors are critical for maintaining its strong financial and market position.
Sources
- investors.cwan.com — Q1 2026 financial results
- www.linkedin.com — Q1 2026 financial results