GWRE · Guidewire Software, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $359.10M | $332.64M | $293.51M | $289.48M | $262.90M | $240.68M | $240.90M | $207.41M | $207.49M | $232.61M |
| Cost of Revenue | $127.57M | $123.12M | $110.81M | $110.33M | $104.51M | $98.45M | $98.49M | $95.11M | $108.57M | $109.15M |
| Gross Profit | $231.52M | $209.52M | $182.70M | $179.15M | $158.39M | $142.23M | $142.41M | $112.29M | $98.92M | $123.46M |
| R&D | $83.32M | $78.32M | $72.92M | $70.27M | $68.88M | $66.13M | $65.46M | $62.47M | $63.05M | $61.70M |
| SG&A | $48.28M | $48.47M | $47.55M | $41.71M | $42.75M | $42.30M | $40.18M | $39.02M | $46.81M | $40.20M |
| Total Operating Expenses | $193.08M | $191.04M | $178.23M | $167.43M | $163.11M | $158.92M | $154.82M | $146.07M | $156.73M | $146.68M |
| D&A | - | $6.36M | - | - | $5.84M | - | - | $5.44M | $28.60M | - |
| Operating Income | $38.44M | $18.48M | $4.47M | $11.72M | ($4.72M) | ($16.70M) | ($12.41M) | ($33.78M) | ($57.82M) | ($23.22M) |
| Interest Expense | $3.33M | $3.31M | $1.69M | $4.18M | $2.06M | $1.69M | $1.69M | $1.68M | $1.68M | $1.68M |
| Income Tax | $14.44M | ($6.81M) | $2.68M | ($5.75M) | ($6.37M) | ($8.62M) | ($2.72M) | ($11.52M) | ($10.66M) | $979.0K |
| Net Income | $60.11M | $31.31M | $45.99M | ($37.28M) | $9.14M | ($5.48M) | $9.69M | ($27.07M) | ($45.57M) | ($9.19M) |
| EPS - Basic | $0.71 | $0.37 | $0.55 | ($0.45) | $0.11 | ($0.07) | $0.12 | ($0.33) | ($0.56) | ($0.11) |
| EPS - Diluted | $0.70 | $0.36 | $0.54 | ($0.45) | $0.11 | ($0.07) | $0.12 | ($0.33) | ($0.56) | ($0.11) |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $407.95M | $492.04M | $697.90M | $697.49M | $823.56M | $547.99M | $349.99M | $301.42M | $401.81M | $274.90M |
| Accounts Receivable | $162.94M | $94.60M | $140.64M | $123.00M | $97.47M | $137.34M | $128.24M | $93.08M | $151.03M | $127.63M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $28.95M | $33.56M | $28.80M | $24.92M | $31.39M | $15.21M | $22.00M | $19.21M | $34.63M | $38.02M |
| Current Assets | $1.35B | $1.36B | $1.51B | $1.48B | $1.64B | $1.30B | $1.06B | $976.80M | $1.10B | $1.01B |
| Total Assets | $2.69B | $2.64B | $2.72B | $2.54B | $2.60B | $2.23B | $2.01B | $1.92B | $2.03B | $2.00B |
| Current Liabilities | $458.98M | $389.86M | $544.80M | $558.68M | $615.24M | $837.63M | $307.08M | $262.38M | $373.26M | $275.21M |
| Long-term Debt | - | - | - | - | - | $398.90M | - | - | $397.17M | - |
| Total Liabilities | $1.18B | $1.11B | $1.26B | $1.27B | $1.33B | $883.56M | $757.41M | $713.95M | $828.42M | $783.77M |
| Stockholders' Equity | $1.51B | $1.53B | $1.46B | $1.27B | $1.27B | $1.34B | $1.26B | $1.21B | $1.20B | $1.22B |
| Retained Earnings | ($611.02M) | ($522.94M) | ($554.25M) | ($652.19M) | ($614.91M) | ($624.05M) | ($635.33M) | ($645.02M) | ($617.95M) | ($482.80M) |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($67.40M) | - | - | ($62.30M) | - | - | ($72.08M) | - | - |
| Investing Cash Flow | - | ($138.76M) | - | - | ($77.60M) | - | - | ($27.79M) | - | - |
| Financing Cash Flow | - | $413.0K | - | - | $415.51M | - | - | $0 | - | - |
| CapEx | - | $4.88M | - | - | $843.0K | - | - | $998.0K | - | - |
| Free Cash Flow | - | ($72.28M) | - | - | ($63.15M) | - | - | ($73.08M) | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 64.5% | 63.0% | 62.2% | 61.9% | 60.2% | 59.1% | 59.1% | 54.1% | 47.7% | 53.1% |
| Operating margin | 10.7% | 5.6% | 1.5% | 4.0% | -1.8% | -6.9% | -5.2% | -16.3% | -27.9% | -10.0% |
| EBITDA margin | - | 7.5% | - | - | 0.4% | - | - | -13.7% | -14.1% | - |
| Net margin | 16.7% | 9.4% | 15.7% | -12.9% | 3.5% | -2.3% | 4.0% | -13.1% | -22.0% | -4.0% |
| Free cash flow margin | - | -21.7% | - | - | -24.0% | - | - | -35.2% | - | - |
| FCF / Net income | - | -2.31 | - | - | -6.91 | - | - | 2.70 | - | - |
| R&D / Revenue | 23.2% | 23.5% | 24.8% | 24.3% | 26.2% | 27.5% | 27.2% | 30.1% | 30.4% | 26.5% |
| SG&A / Revenue | 13.4% | 14.6% | 16.2% | 14.4% | 16.3% | 17.6% | 16.7% | 18.8% | 22.6% | 17.3% |
| Effective tax rate | 19.4% | -27.8% | 5.5% | - | -230.0% | - | -39.1% | - | - | - |
| Return on assets | 2.2% | 1.2% | 1.7% | -1.5% | 0.4% | -0.2% | 0.5% | -1.4% | -2.2% | -0.5% |
| Return on equity | 4.0% | 2.0% | 3.2% | -2.9% | 0.7% | -0.4% | 0.8% | -2.2% | -3.8% | -0.8% |
| Return on invested capital | - | - | - | - | - | -0.8% | - | - | -2.9% | - |
| Liquidity | ||||||||||
| Current ratio | 2.93 | 3.48 | 2.77 | 2.65 | 2.66 | 1.55 | 3.45 | 3.72 | 2.95 | 3.66 |
| Quick ratio | 2.93 | 3.48 | 2.77 | 2.65 | 2.66 | 1.55 | 3.45 | 3.72 | 2.95 | 3.66 |
| Cash ratio | 0.89 | 1.26 | 1.28 | 1.25 | 1.34 | 0.65 | 1.14 | 1.15 | 1.08 | 1.00 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | 0.30 | - | - | 0.33 | - |
| Debt / Assets | - | - | - | - | - | 0.18 | - | - | 0.20 | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 11.5x | 5.6x | 2.7x | 2.8x | -2.3x | -9.9x | -7.3x | -20.1x | -34.4x | -13.8x |
| Equity multiplier | 1.78 | 1.72 | 1.87 | 2.00 | 2.05 | 1.66 | 1.60 | 1.59 | 1.69 | 1.64 |
| Liabilities / Assets | 0.44 | 0.42 | 0.46 | 0.50 | 0.51 | 0.40 | 0.38 | 0.37 | 0.41 | 0.39 |
| Efficiency | ||||||||||
| Asset turnover | 0.13 | 0.13 | 0.11 | 0.11 | 0.10 | 0.11 | 0.12 | 0.11 | 0.10 | 0.12 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 166d | 104d | 175d | 155d | 135d | 208d | 194d | 164d | 266d | 200d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 83d | 99d | 95d | 82d | 110d | 56d | 82d | 74d | 116d | 127d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 201.1x | 649.0x | 418.9x | - | 1693.3x | - | 930.7x | - | - | - |
| P / B | 8.0x | 13.2x | 13.3x | 13.9x | 12.6x | 9.2x | 7.4x | 6.1x | 5.8x | 4.9x |
| P / S | 33.8x | 60.7x | 66.2x | 61.1x | 60.9x | 51.4x | 38.6x | 35.5x | 33.5x | 25.8x |
| EV / EBITDA | - | 793.3x | - | - | 13500.0x | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 24.0% | 26.5% | 22.0% | 20.2% | 26.8% | 16.0% | 3.6% | 6.2% | 5.1% | 13.7% |
| Revenue CAGR (3y) | 15.6% | 19.4% | 14.1% | 12.3% | 16.6% | 13.6% | 10.2% | 6.9% | 7.3% | 10.3% |
| Revenue CAGR (5y) | 14.8% | 14.4% | 11.8% | 10.8% | 10.9% | 8.1% | 7.3% | 2.9% | 8.1% | 7.3% |
| Gross profit growth (YoY) | 29.2% | 32.3% | 28.5% | 25.8% | 41.1% | 43.8% | 15.3% | 55.6% | 28.5% | 27.7% |
| Operating income growth (YoY) | 227.9% | - | - | - | 86.0% | 71.1% | 46.5% | 54.7% | 7.4% | 41.2% |
| Net income growth (YoY) | - | 242.6% | - | - | - | 88.0% | - | 60.9% | 20.7% | 77.4% |
| EPS growth (YoY) | - | 227.3% | - | - | - | 87.5% | - | 60.2% | 18.8% | 77.6% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | 64.4% | - | - | - |
| FCF growth (YoY) | - | -14.5% | - | - | 13.6% | - | - | 17.0% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 19.1% | 20.9% | 8.5% | 1.0% | 5.2% | 11.9% | 2.9% | 1.7% | -17.4% | -17.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-07-31.
Business segments
$1.20B totalReportable Segment$1.20B · 100.0%
Product / service
$2.19B totalSubscription And Support$731.30M · 33.5%
Subscription$667.44M · 30.5%
License$251.94M · 11.5%
Term License$251.82M · 11.5%
Service$219.23M · 10.0%
Support$63.86M · 2.9%
Perpetual License$118.0K · 0.0%
Geographic
$2.13B totalAmericas$923.90M · 43.4%
US$770.86M · 36.3%
EMEA$183.58M · 8.6%
CA$141.38M · 6.6%
APAC$94.97M · 4.5%
Other Americas$11.66M · 0.5%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing Guidewire Software against the 5 most active filers in the same SIC group.