GWRE Q2 2024 Earnings — Guidewire Software, Inc. Revenue & Financial Results | Market Cap Arena

GWREGuidewire Software, Inc.

$13B

Q2 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$241M+3.6% YoY

Gross Profit

$142M59.1% margin

Operating Income

-$12M-5.2% margin

Net Income

$10M4.0% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

+16.1%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

$64M

Stock-Based Comp.

$36M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$757M

Stockholders' Equity

$1.3B

Cash & Equivalents

$350M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$241M	$233M	+3.6%
Gross Profit	$142M	$123M	+15.3%
Operating Income	-$12M	-$23M	+46.5%
Net Income	$10M	-$9M	+205.4%

Revenue Segments

Subscription

$113M47%

Term License

$71M29%

Service

$38M16%

Support

$19M8%

Perpetual License

$48,0000%

Geographic Segments

Americas

$181M75%

EMEA

$39M16%

APAC

$21M9%