CWAN 8-K SEC Filing Analysis

Latest settled — T+20d

CWAN ▲ +0.08% at T+20d

NEUTRAL call ✓ call won +0.08% · α vs SPY +0.06% · entry $24.35 → $24.37

Next anchor: T+60d in 7w

Currently $24.33 · -0.08% from $24.35 entry

Entry anchored
May 7, 2026
via day open

T+1d

+0.12%

call +0.12% · α -0.11%

$24.38

settled 5w ago

T+5d

+0.08%

call +0.08% · α -1.38%

$24.37

settled 4w ago

T+20d

+0.08%

call +0.08% · α +0.06%

$24.37

settled 8d ago

T+60d

—

call — · α —

—

in 7w

Price Chart

Loading chart...

Executive Summary

CWAN reported Q1 2026 revenue of $221.2M (+74% YoY) and non-GAAP EPS of $0.16, in line with consensus. The company is being acquired by a Permira/Warburg Pincus-led group for $24.55/share, with shareholder approval obtained on May 6, 2026. No guidance was provided due to the pending transaction, making the earnings release largely irrelevant for stock price.

Key Financial Metrics

Free Cash Flow

$11.2M

Gross Margin

65.8%

Actionable Insight

The stock is effectively locked to the $24.55 acquisition price; monitor FIRB approval and closing timeline. No trading opportunity from earnings given deal context.

Key Facts

Q1 2026 revenue: $221.2M, up 74% YoY from $126.9M
Non-GAAP EPS: $0.16, in line with $0.16 consensus
GAAP net loss: $2.8M vs. net income $6.5M in Q1 2025
Adjusted EBITDA: $77.4M, up 72% YoY, margin 35.0%
Annualized Recurring Revenue (ARR): $872M, up 77% YoY
Shareholders approved $24.55/share acquisition on May 6, 2026; FIRB approval pending
No earnings call or forward guidance provided due to pending acquisition
Transaction expenses of $6.1M in the quarter related to the proposed deal

Financial Impact

Revenue beat consensus by ~2.2%; EPS in line. Deal value $8.4B at $24.55/share.

revenuearradjusted ebitda

Risk Factors

FIRB approval not yet obtained; delay or denial could risk deal closure
Termination of merger agreement could lead to significant stock downside

Market Snapshot

Exchange

NYSE

Sector

Services-Prepackaged Software

Analyst Consensus

47% bullish (15 analysts)

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

Document	Accession Number
8-K Filing (Primary)	0001866368-26-000017
Document: cwan-20260507.htm	0001866368-26-000017
Document: 0001866368-26-000017-index-headers.html	0001866368-26-000017
Document: 0001866368-26-000017-index.html	0001866368-26-000017
Document: 0001866368-26-000017.txt	0001866368-26-000017
8-K Data (Synthetic)	0001866368-26-000017

6 reports for CWAN

T+1T+5T+20T+60

100% Hit rate 3 of 3 directional calls best @ T+60▲ +3.83%Feb 24, 2026

Filters

Reports for CWAN — sortable, filterable
	Type				Now
May 7, 2026 5w ago	8-K NEUTRAL ★ 3/10	$24.35 $24.37	▲ +0.08%	▲ +0.06%	$24.33 (−0.08%)
Apr 15, 2026 8w ago	144 NEUTRAL ★ 3/10	$24.11 $24.34	▲ +0.95%	▼ −4.86%	$24.33 (+0.91%)
Apr 8, 2026 9w ago	DEFM14A BULLISH ★ 8/10	$24.02 $24.19	▲ +0.71%	▼ −7.84%	$24.33 (+1.29%)
Apr 8, 2026 9w ago	Insider Cluster BEARISH ★ 5/10	$24.02 $24.19	▼ −0.71%	▲ +7.84%	$24.33 (−1.29%)
Apr 1, 2026 10w ago	10-K/A NEUTRAL ★ 3/10	$23.80 $24.20	▲ +1.68%	▼ −8.20%	$24.33 (+2.23%)
Feb 24, 2026 15w ago	PREM14A BULLISH ★ 9/10	$23.50 $23.40	▼ −0.43%	▲ +4.81%	$24.33 (+3.53%)

US Market Status

Market Closed — Opens Mon (49h 42m)

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access