GWRE Q1 2023 Earnings — Guidewire Software, Inc. Revenue & Financial Results | Market Cap Arena

GWREGuidewire Software, Inc.

$13B

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$195M+17.7% YoY

Gross Profit

$72M36.9% margin

Operating Income

-$75M-38.2% margin

Net Income

-$69M-35.5% margin

EPS (Diluted)

$-0.83

QoQ Revenue Growth

-20.2%

Cash Flow

Operating Cash Flow

-$87M

Free Cash Flow

-$92M

Stock-Based Comp.

$35M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$763M

Stockholders' Equity

$1.2B

Cash & Equivalents

$263M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$195M	$166M	+17.7%
Gross Profit	$72M	$68M	+5.5%
Operating Income	-$75M	-$65M	-14.0%
Net Income	-$69M	-$51M	-35.2%

Revenue Segments

Subscription

$79M40%

Service

$55M28%

Term License

$41M21%

Support

$20M10%

Perpetual License

$63,0000%

Geographic Segments

Americas

$151M77%

EMEA

$27M14%

APAC

$17M9%