GWRE Q3 2023 Earnings — Guidewire Software, Inc. Revenue & Financial Results | Market Cap Arena

GWREGuidewire Software, Inc.

$13B

Q3 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$207M+5.1% YoY

Gross Profit

$99M47.7% margin

Operating Income

-$58M-27.9% margin

Net Income

-$46M-22.0% margin

EPS (Diluted)

$-0.56

QoQ Revenue Growth

-10.8%

Cash Flow

Operating Cash Flow

-$49M

Free Cash Flow

-$52M

Stock-Based Comp.

$35M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$721M

Stockholders' Equity

$1.2B

Cash & Equivalents

$267M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$207M	$197M	+5.1%
Gross Profit	$99M	$84M	+17.9%
Operating Income	-$58M	-$62M	+7.4%
Net Income	-$46M	-$57M	+20.7%

Revenue Segments

Subscription

$89M43%

Term License

$51M24%

Service

$49M24%

Support

$18M9%

Perpetual License

$46,0000%

Geographic Segments

Americas

$166M80%

EMEA

$26M13%

APAC

$15M7%