Company / SG&A Expense
Clearwater Analytics Holdings, Inc. SG&A Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$154.4M
FY2025
5-year range
$43.9M / $154.4M
FY2021-FY2025
Trend
+56.3%
vs FY2024
Sector context
#173 of 305
Information Technology
What the data says
At $154M, Clearwater Analytics Holdings, Inc.'s sg&a expense ranks #133 of 305 in the Information Technology sector. SG&A Expense has increased for 6 consecutive years, from $37M in FY2019 to $154M in FY2025.
Based on SEC 10-K filings.
$154M in FY2025 with a 5-year CAGR of +28.6%.
Increased from $93M to $154M over the past 2 years.
Information Technology sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +34.3%
- 5-Year CAGR
- +28.6%
- 10-Year CAGR
- -
Sector benchmark
#133 of 305 in Information TechnologyTop 43% of 305This company $154.4M Sector average $699.3M
▼
-77.9% below sector average
Key checks
Key Insights
- Clearwater Analytics Holdings, Inc.'s sg&a expense has grown for 6 consecutive years.
- 5-year CAGR of +28.6%, indicating consistent growth.
- In FY2025, sg&a expense increased 56.3% year-over-year.
- Ranks #173 out of 305 companies in the Information Technology sector.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $154.4M | +56.3% |
| FY2024 | $98.8M | +5.6% |
| FY2023 | $93.5M | +46.6% |
| FY2022 | $63.8M | +45.1% |
| FY2021 | $43.9M | +0.2% |
| FY2020 | $43.9M | +19.2% |
| FY2019 | $36.8M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026