GWRE Q1 2024 Earnings — Guidewire Software, Inc. Revenue & Financial Results | Market Cap Arena

GWREGuidewire Software, Inc.

$13B

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$207M+6.2% YoY

Gross Profit

$112M54.1% margin

Operating Income

-$34M-16.3% margin

Net Income

-$27M-13.1% margin

EPS (Diluted)

$-0.33

QoQ Revenue Growth

-23.2%

Cash Flow

Operating Cash Flow

-$72M

Free Cash Flow

-$77M

Stock-Based Comp.

$36M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$714M

Stockholders' Equity

$1.2B

Cash & Equivalents

$301M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$207M	$195M	+6.2%
Gross Profit	$112M	$72M	+55.6%
Operating Income	-$34M	-$75M	+54.7%
Net Income	-$27M	-$69M	+60.9%

Revenue Segments

Subscription

$110M53%

Service

$46M22%

Term License

$34M16%

Support

$18M9%

Perpetual License

$48,0000%

Geographic Segments

Americas

$156M75%

EMEA

$33M16%

APAC

$18M9%