Company / Operating Margin
Clearwater Analytics Holdings, Inc. Operating Margin History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-1.1%
FY2025
5-year range
-4.5% / 11.3%
FY2021-FY2025
Trend
-138.7%
vs FY2024
Sector context
#200 of 284
Information Technology
What the data says
At -1.1%, Clearwater Analytics Holdings, Inc.'s operating margin ranks #200 of 284 in the Information Technology sector. Operating Margin has fluctuated over the past 7 years, ranging from -10.0% in FY2020 to 15.3% in FY2019.
Based on SEC 10-K filings.
-1.1% in FY2025 with a 5-year CAGR of +9.0%.
Improved from -4.5% to -1.1% over the past 2 years.
Information Technology sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -2.7pp
- 5-Year Change
- +9.0pp
- 10-Year Change
- -
Sector benchmark
#200 of 284 in Information TechnologyTop 70% of 284This company -1.1% Sector average -212.2%
▼
+99.5% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 138.7% year-over-year.
- Currently 211.2pp above the Information Technology sector average.
- Peak operating margin was recorded in FY2019.
- Lowest operating margin in the period was 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 | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -1.1% | -138.7% |
| FY2024 | 2.7% | +159.6% |
| FY2023 | -4.5% | -369.2% |
| FY2022 | 1.7% | -85.0% |
| FY2021 | 11.3% | +212.4% |
| FY2020 | -10.0% | -165.7% |
| FY2019 | 15.3% | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026