Company: CWAN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001866368-25-000018
Chunk: 92

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 92
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 is reported on the balance sheet as total consolidated assets. The following table presents information on revenue, significant expenses, and net income (in thousands):Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024Revenue$181,937 $106,791 $308,801 $209,510 Less:   Employee compensation expense84,786 49,932 140,610 99,496    Technology expense13,980 8,726 23,627 16,187    Facilities expense5,894 3,178 9,690 6,750    Outside services and contractors expense5,267 4,146 9,290 7,634    Data costs6,561 3,273 10,345 6,043    Provision for (benefit from) income taxes(2,347)79 (797)(19)   Equity-based compensation expense and related payroll taxes38,843 25,151 66,405 53,632    Tax receivable agreement expenses— 5,915 — 6,201    Depreciation and amortization expense23,606 2,941 26,752 5,491    Interest expense13,464 1,082 14,383 2,181    Other segment items(1)16,034 2,092 25,711 3,403 Consolidated net income (loss)$(24,151)$276 $(17,215)$2,511 (1) Other segment items included in consolidated net income includes legal, travel, marketing, training, recruiting and other overhead expenses. The following table presents the Company’s revenue disaggregated by geography, based on billing address of the customer (in thousands):Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024United States$134,490 $87,937 $237,427 $171,288 Rest of World 47,447 18,854 71,374 38,222 Total revenue$181,937 $106,791 $308,801 $209,510 

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The following table presents the Company’s long-lived assets including property, equipment and software, net, and operating lease right-of-use assets, net, disaggregated by geography (in thousands):June 30,December 31