GWRE Q2 2023 Earnings — Guidewire Software, Inc. Revenue & Financial Results | Market Cap Arena

GWREGuidewire Software, Inc.

$13B

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$233M+13.7% YoY

Gross Profit

$123M53.1% margin

Operating Income

-$23M-10.0% margin

Net Income

-$9M-4.0% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

+19.1%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

-$3M

Stock-Based Comp.

$36M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$784M

Stockholders' Equity

$1.2B

Cash & Equivalents

$275M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$233M	$205M	+13.7%
Gross Profit	$123M	$102M	+20.8%
Operating Income	-$23M	-$39M	+41.2%
Net Income	-$9M	-$41M	+77.4%

Revenue Segments

Subscription

$86M37%

Term License

$73M31%

Service

$54M23%

Support

$20M8%

Perpetual License

$48,0000%

Geographic Segments

Americas

$178M76%

EMEA

$36M15%

APAC

$19M8%