Clearwater Analytics, Inc. filed Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The amendment provides information previously omitted from the original filing, specifically covering Directors, Executive Officers and Corporate Governance (Item 10), Executive Compensation (Item 11), Security Ownership (Item 12), Certain Relationships and Related Transactions (Item 13), and Principal Accounting Fees and Services (Item 14). The company reported strong revenue growth in 2025, with total revenue increasing 62% to $731.4 million from $451.8 million in 2024. Annualized Recurring Revenue (ARR) grew 77% to $841.0 million in 2025 from $474.9 million in 2024. Adjusted EBITDA increased 70% to $248.2 million in 2025 from $145.7 million in 2024, with Adjusted EBITDA margin improving to 34% from 32%. A proposed acquisition by an investor group led by Permira Advisers LLC and Warburg Pincus LLC, valued at approximately $8.4 billion, was announced on December 20, 2025, with shareholders to receive $24.55 per share in cash. The company experienced a net loss of $40.3 million in 2025, a significant shift from a net income of $427.6 million in 2024. Loss from operations in 2025 was $7.7 million, compared to income from operations of $12.2 million in 2024. Net Revenue Retention Rate decreased to 109% as of December 31, 2025, from 116% as of December 31, 2024. The CEO pay ratio for 2025 was 242 to 1, with the median employee compensation at $86,868 and the CEO's total compensation at $20,987,353.