Company / Gross Margin
Clearwater Analytics Holdings, Inc. Gross Margin History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
67.3%
FY2025
5-year range
67.3% / 73.1%
FY2021-FY2025
Trend
-7.5%
vs FY2024
Sector context
#83 of 223
Information Technology
What the data says
At 67.3%, Clearwater Analytics Holdings, Inc.'s gross margin ranks #83 of 223 in the Information Technology sector. Gross Margin remained relatively stable over the past 7 years, with values between 67.3% and 73.8%.
Based on SEC 10-K filings.
67.3% in FY2025 with a 5-year CAGR of -6.5%.
Declined from 70.9% to 67.3% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -3.8pp
- 5-Year Change
- -6.5pp
- 10-Year Change
- -
Sector benchmark
#83 of 223 in Information TechnologyTop 37% of 223This company 67.3% Sector average 53.7%
▼
+25.3% above sector average
Key checks
Key Insights
- In FY2025, gross margin decreased 7.5% year-over-year.
- Currently 13.6pp above the Information Technology sector average.
- Peak gross margin was recorded in FY2020.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 1.18 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 67.3% | -7.5% |
| FY2024 | 72.8% | +2.7% |
| FY2023 | 70.9% | -0.2% |
| FY2022 | 71.1% | -2.7% |
| FY2021 | 73.1% | -1.0% |
| FY2020 | 73.8% | +2.6% |
| FY2019 | 71.9% | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026