GWRE (Guidewire Software, Inc.) Stock Financials & Earnings | Market Cap Arena

GWRE (Guidewire Software, Inc.) Stock Financials & Earnings | Market Cap Arena

GWREGuidewire Software, Inc.

Mkt Cap$13B

Technology·Software - Application·🇺🇸 United States·NYSE

Revenue (TTM)$1.3B

Net Income (TTM)$189M

EPS (TTM)$2.20

Free Cash Flow (TTM)$310M

Gross Margin63.8%

Op. Margin6.8%

Net Margin14.1%

FCF Margin23.1%

P/S Ratio (TTM)10.0x

P/E Ratio (TTM)71.2x

YoY Rev Growth+23.7%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q3 23	$207M	$99M	-$58M
Q4 23	$270M	$164M	$6M
Q1 24	$207M	$112M	-$34M
Q2 24	$241M	$142M	-$12M
Q3 24	$241M	$142M	-$17M
Q4 24	$292M	$186M	$10M
Q1 25	$263M	$158M	-$5M
Q2 25	$289M	$179M	$12M
Q3 25	$294M	$183M	$4M
Q4 25	$357M	$232M	$30M
Q1 26	$333M	$210M	$18M
Q2 26	$359M	$232M	$39M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q3 23	15.3x	—
Q4 23	14.9x	—
Q1 24	14.7x	—
Q2 24	14.6x	—
Q3 24	14.1x	—
Q4 24	13.7x	—
Q1 25	13.0x	447.6x
Q2 25	12.4x	—
Q3 25	11.8x	389.4x
Q4 25	11.2x	193.1x
Q1 26	10.6x	146.5x
Q2 26	10.0x	71.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 23	-$49M	-$52M
Q4 23	$173M	$167M
Q1 24	-$72M	-$77M
Q2 24	$69M	$64M
Q3 24	$5M	$754K
Q4 24	$194M	$189M
Q1 25	-$62M	-$67M
Q2 25	$86M	$85M
Q3 25	$32M	$32M
Q4 25	$245M	$241M
Q1 26	-$67M	-$72M
Q2 26	$112M	$109M

Capital Expenditures

CapEx

Quarter	CapEx
Q3 23	$3M
Q4 23	$6M
Q1 24	$5M
Q2 24	$5M
Q3 24	$4M
Q4 24	$4M
Q1 25	$5M
Q2 25	$790K
Q3 25	$703K
Q4 25	$3M
Q1 26	$5M
Q2 26	$3M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 23	+5.1%	+2.1%
Q4 23	+10.4%	-4.7%
Q1 24	+6.2%	-10.6%
Q2 24	+3.6%	-1.0%
Q3 24	+16.0%	-3.0%
Q4 24	+8.0%	+6.6%
Q1 25	+26.8%	+11.0%
Q2 25	+20.2%	+9.7%
Q3 25	+22.0%	+12.3%
Q4 25	+22.3%	+16.3%
Q1 26	+26.5%	+17.4%
Q2 26	+24.0%	+15.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 23	$35M	16.9%
Q4 23	$37M	13.5%
Q1 24	$36M	17.4%
Q2 24	$36M	15.1%
Q3 24	$37M	15.2%
Q4 24	$37M	12.8%
Q1 25	$38M	14.5%
Q2 25	$41M	14.1%
Q3 25	$40M	13.7%
Q4 25	$42M	11.8%
Q1 26	$43M	13.0%
Q2 26	$47M	13.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q3 23	$63M	$47M	$47M
Q4 23	$67M	$41M	$50M
Q1 24	$62M	$39M	$45M
Q2 24	$65M	$40M	$49M
Q3 24	$66M	$42M	$50M
Q4 24	$75M	$46M	$55M
Q1 25	$69M	$43M	$51M
Q2 25	$70M	$42M	$55M
Q3 25	$73M	$48M	$58M
Q4 25	$84M	$52M	$66M
Q1 26	$78M	$48M	$64M
Q2 26	$83M	$48M	$61M

Rule of 40

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q3 23	5.1%	-23.5%	-18.5
Q4 23	10.4%	8.3%	18.7
Q1 24	6.2%	-15.2%	-9.0
Q2 24	3.6%	5.9%	9.4
Q3 24	16.0%	-2.8%	13.2
Q4 24	8.0%	9.0%	17.0
Q1 25	26.8%	4.1%	30.8
Q2 25	20.2%	-11.4%	8.7
Q3 25	22.0%	19.9%	41.8
Q4 25	22.3%	14.2%	36.5
Q1 26	26.5%	10.3%	36.8
Q2 26	24.0%	15.2%	39.2

Revenue Segments

Quarter	Perpetual License	Service	Subscription	Support	Term License
Q3 23	$46K	$49M	$89M	$18M	$51M
Q4 23	$47K	$52M	$98M	$19M	$101M
Q1 24	$48K	$46M	$110M	$18M	$34M
Q2 24	$48K	$38M	$113M	$19M	$71M
Q3 24	$1M	$46M	$120M	$18M	$55M
Q4 24	$26K	$51M	$134M	$18M	$89M
Q1 25	—	$56M	$153M	$17M	$37M
Q2 25	—	$48M	$162M	$16M	$64M
Q3 25	$118K	$54M	$166M	$15M	$57M
Q4 25	—	$61M	$186M	$15M	$94M
Q1 26	—	$68M	$207M	$15M	$42M
Q2 26	—	$62M	$223M	$14M	$60M

Revenue by Geography

Quarter	Apac	Americas	Emea
Q3 23	$15M	$166M	$26M
Q4 23	$19M	$197M	$53M
Q1 24	$18M	$156M	$33M
Q2 24	$21M	$181M	$39M
Q3 24	$16M	$190M	$35M
Q4 24	$21M	$222M	$48M
Q1 25	$25M	$202M	$35M
Q2 25	$22M	$222M	$45M
Q3 25	$25M	$226M	$42M
Q4 25	$22M	$274M	$61M

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 23	$267M	$421M	$688M
Q4 23	$402M	$397M	$799M
Q1 24	$301M	$412M	$713M
Q2 24	$350M	$428M	$778M
Q3 24	$360M	$423M	$782M
Q4 24	$548M	$456M	$1.0B
Q1 25	$824M	$515M	$1.3B
Q2 25	$697M	$471M	$1.2B
Q3 25	$510M	$410M	$920M
Q4 25	$699M	$452M	$1.2B
Q1 26	$492M	$520M	$1.0B
Q2 26	$408M	$511M	$919M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q3 23	82M	-0.3%
Q4 23	82M	+0.4%
Q1 24	82M	-0.5%
Q2 24	83M	+2.0%
Q3 24	83M	-1.0%
Q4 24	82M	-0.3%
Q1 25	86M	+4.5%
Q2 25	84M	-2.6%
Q3 25	86M	+2.6%
Q4 25	86M	+0.5%
Q1 26	86M	+0.2%
Q2 26	86M	-0.1%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$1M	328
FY 15	$937K	406
FY 16	$741K	573
FY 17	$704K	730
FY 18	$288K	2K
FY 19	$306K	2K
FY 20	$276K	3K
FY 21	$253K	3K
FY 22	$241K	3K
FY 23	$265K	3K
FY 24	$283K	3K
FY 25	$319K	4K