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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 190,095 $ 221,765
Short-term investments 67,819 74,457
Accounts receivable, net 97,220 92,091
Prepaid expenses and other current assets 27,577 27,683
Total current assets 382,711 415,996
Property and equipment, net 15,158 15,349
Operating lease right-of-use assets, net 28,084 22,554
Deferred contract costs, non-current 5,845 6,439
Intangible assets, net 34,607 26,132
Goodwill 72,245 45,338
Long-term investments 39,718 21,495
Other non-current assets 6,779 5,440
Total assets 585,147 558,743
Current liabilities:    
Accounts payable 2,962 3,062
Accrued expenses and other current liabilities 49,844 49,535
Notes payable, current portion 2,750 2,750
Operating lease liability, current portion 7,696 6,551
Tax receivable agreement liability 16,749 18,894
Total current liabilities 80,001 80,792
Notes payable, less current maturities and unamortized debt issuance costs 45,183 45,828
Operating lease liability, less current portion 21,306 16,948
Tax receivable agreement, less current portion 6,500 0
Other long-term liabilities 3,486 5,518
Total liabilities 156,476 149,086
Stockholders' Equity    
Additional paid-in-capital 549,580 532,507
Accumulated other comprehensive income 832 2,909
Accumulated deficit (170,050) (181,331)
Total stockholders' equity attributable to Clearwater Analytics Holdings, Inc. 380,607 354,329
Non-controlling interests 48,064 55,328
Total stockholders' equity 428,671 409,657
Total liabilities and stockholders' equity 585,147 558,743
Class A    
Stockholders' Equity    
Common stock 160 128
Class B    
Stockholders' Equity    
Common stock 0 0
Class C    
Stockholders' Equity    
Common stock 27 33
Class D    
Stockholders' Equity    
Common stock $ 58 $ 83