|
Revenue
|
|
$168.0m
|
$203.2m
|
$252.0m
|
$303.4m
|
$368.2m
|
$451.8m
|
$731.4m
|
|
Cost of revenue
|
|
$47.1m
|
$53.3m
|
$67.9m
|
$87.8m
|
$107.1m
|
$123.0m
|
$239.2m
|
|
Gross profit
|
|
$120.9m
|
$150.0m
|
$184.2m
|
$215.6m
|
$261.0m
|
$328.8m
|
$492.1m
|
|
Research and development
|
|
$39.3m
|
$55.3m
|
$72.7m
|
$94.1m
|
$123.9m
|
$150.6m
|
$196.2m
|
|
Total operating expenses
|
|
$95.2m
|
$170.4m
|
$155.7m
|
$210.5m
|
$277.8m
|
$316.6m
|
$499.8m
|
|
Sales and marketing
|
|
$19.1m
|
$22.2m
|
$39.1m
|
$52.6m
|
$60.4m
|
$67.3m
|
$149.2m
|
|
General and administrative
|
|
$36.8m
|
$43.9m
|
$43.9m
|
$63.8m
|
$93.5m
|
$98.8m
|
$154.4m
|
|
Income (loss) from operations
|
|
$25.7m
|
($20.4m)
|
$28.5m
|
$5.1m
|
($16.7m)
|
$12.2m
|
($7.7m)
|
|
Other income, net
|
|
$85k
|
$56k
|
$83k
|
($50k)
|
($1.9m)
|
($2.3m)
|
($3.7m)
|
|
Loss before income taxes
|
|
$7.8m
|
($43.3m)
|
($7.6m)
|
($5.3m)
|
($22.9m)
|
($30.1m)
|
($49.7m)
|
|
Provision for (benefit from) income taxes
|
|
$73k
|
$902k
|
$487k
|
$1.4m
|
$217k
|
($457.6m)
|
($9.4m)
|
|
Net income (loss)
|
|
$7.7m
|
($44.2m)
|
($8.1m)
|
($6.7m)
|
($23.1m)
|
$427.6m
|
($40.3m)
|
|
Less: Net income (loss) attributable to non-controlling interests
|
|
—
|
—
|
$119k
|
$1.3m
|
($1.5m)
|
$3.2m
|
($1.4m)
|
|
Net income (loss) attributable to Clearwater Analytics Holdings, Inc.
|
|
$7.7m
|
($44.2m)
|
($8.2m)
|
($8.0m)
|
($21.6m)
|
$424.4m
|
($38.8m)
|
|
Basic (in USD per share)
|
|
—
|
—
|
($0.05)
|
($0.04)
|
($0.12)
|
$1.95
|
($0.15)
|
|
Diluted (in USD per share)
|
|
—
|
—
|
($0.03)
|
($0.04)
|
($0.12)
|
$1.68
|
($0.15)
|
|
Interest expense
|
|
—
|
—
|
—
|
($1.1m)
|
($6.4m)
|
($8.6m)
|
$45.7m
|
|
Tax receivable agreement expense
|
|
—
|
—
|
$0
|
$11.6m
|
$14.4m
|
$53.2m
|
$0
|