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GWRE

Guidewire Software, Inc.

GWRE

Guidewire Software, Inc. • NYSE
$215.98 ▲ 1.12% (+2.40)
Market Cap $18.26 B
52w High $272.60
52w Low $165.08
Dividend Yield 0%
P/E 263.39
Volume 227.80K
Outstanding Shares 84.53M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $356.57M ▲ $202.214M ▲ $51.951M ▲ 14.57% ▼ $0.62 ▲ $50.503M ▼
Q3-2025 $293.508M ▲ $178.23M ▲ $45.991M ▲ 15.669% ▲ $0.55 ▲ $58.301M ▲
Q2-2025 $289.48M ▲ $167.429M ▲ $-37.277M ▼ -12.877% ▼ $-0.45 ▼ $-33.116M ▼
Q1-2025 $262.901M ▼ $163.112M ▼ $9.139M ▼ 3.476% ▼ $0.11 ▼ $10.676M ▼
Q4-2024 $291.515M $176.122M $16.759M 5.749% $0.2 $26.345M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $1.149B ▲ $2.721B ▲ $1.264B ▲ $1.457B ▲
Q3-2025 $920.437M ▼ $2.488B ▼ $1.125B ▼ $1.363B ▲
Q2-2025 $1.169B ▼ $2.543B ▼ $1.274B ▼ $1.269B ▲
Q1-2025 $1.338B ▲ $2.597B ▲ $1.329B ▲ $1.268B ▼
Q4-2024 $1.004B $2.226B $883.562M $1.343B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $51.951M ▲ $244.831M ▲ $-58.39M ▼ $728K ▲ $187.581M ▲ $241.426M ▲
Q3-2025 $45.991M ▲ $32.35M ▼ $-48.055M ▲ $-178.351M ▼ $-187.167M ▼ $31.647M ▼
Q2-2025 $-37.277M ▼ $85.991M ▲ $-52.92M ▲ $-155.591M ▼ $-126.074M ▼ $85.201M ▲
Q1-2025 $9.139M ▼ $-62.305M ▼ $-77.601M ▼ $415.507M ▲ $275.57M ▲ $-67.381M ▼
Q4-2024 $16.759M $193.777M $-7.292M $1.041M $188.391M $189.347M

Revenue by Products

Product Q1-2025Q2-2025Q3-2025Q4-2025
Perpetual License
Perpetual License
 $0 ▲$0 ▲$0 ▲$0 ▲
Service
Service
 $60.00M ▲$50.00M ▼$50.00M ▲$60.00M ▲
Subscription
Subscription
 $150.00M ▲$160.00M ▲$170.00M ▲$190.00M ▲
Support
Support
 $20.00M ▲$20.00M ▲$20.00M ▲$20.00M ▲
Term License
Term License
 $40.00M ▲$60.00M ▲$60.00M ▲$90.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has climbed steadily over the past several years, and profitability has clearly improved. The company moved from recurring losses to a modest profit most recently, with healthier margins than in prior years. This suggests the cloud and subscription model is starting to scale, and past investments are beginning to pay off. That said, profit levels are still relatively thin, so the business remains sensitive to any slowdown in growth or cost overruns. The trajectory is encouraging, but the profit base is not yet deeply entrenched.

Balance Sheet

Balance Sheet The balance sheet looks generally solid for a software company. Cash levels are sizable and have grown, giving the company a useful cushion and flexibility to keep investing. Debt has increased but is still well supported by the overall asset base and equity, and does not appear excessive. Equity has built up over time, which reflects cumulative investment in the platform and past capital raises more than heavy distributions to shareholders. Overall, the financial structure looks stable and geared to support continued growth initiatives.

Cash Flow

Cash Flow Cash generation has improved meaningfully. Operating cash flow moved from slightly negative to clearly positive, and free cash flow has followed the same pattern. Capital spending remains modest, consistent with an asset‑light software model. This combination of growing cash inflows and low investment needs gives the company room to fund R&D, acquisitions, and cloud expansion without relying heavily on new borrowing. The quality of earnings looks better now than a few years ago, but continued consistency in cash flow will be important to watch.

Competitive Edge

Competitive Edge Guidewire holds a strong niche position as a core systems provider to property and casualty insurers. Its software is deeply embedded in customers’ operations, which creates high switching costs and long relationships. The integrated platform, insurance‑specific functionality, and large network of implementation partners form a meaningful moat. At the same time, it faces active competition from other specialized vendors and newer cloud‑native or insurtech players, as well as broader enterprise software providers. Sales cycles are long and implementation risk is real, so maintaining customer satisfaction and staying ahead on product capabilities remain critical to defending its lead.

Innovation and R&D

Innovation and R&D Innovation is a central part of Guidewire’s story. The company has been shifting firmly to a cloud‑first platform and layering in advanced analytics and AI across its suite. Its cloud InsuranceSuite, data and analytics offerings, digital front‑end tools, and curated marketplace all deepen its role in customers’ operations. Recent moves into generative AI for underwriting and claims, along with acquisitions like ProNavigator, show an intent to keep pushing the technology frontier in insurance. The flip side is that this demands continued heavy R&D and careful integration of new capabilities; if execution slips, the technology edge could narrow and delay payoffs from these investments.

Summary

Guidewire is evolving from a project‑heavy software vendor into a more scalable, cloud‑driven platform business for P&C insurers. Financially, the company has moved from losses to modest profitability, with healthier margins and stronger cash flow than a few years ago, while maintaining a solid balance sheet. Strategically, it benefits from high switching costs, deep domain expertise, and a broad partner ecosystem, giving it a durable but not unassailable position. The biggest opportunities lie in accelerating cloud migrations, expanding recurring revenue, and monetizing AI and analytics across its installed base. Key uncertainties include competitive pressure, the pace and success of customers’ cloud transitions, the real‑world adoption of its AI tools, and its ability to sustain innovation without eroding margins. This analysis is intended for context and interpretation only, not as a recommendation for any specific action.

NEWS

November 19, 2025 · 4:15 PM UTC

Guidewire to Announce First Quarter Fiscal Year 2026 Financial Results on December 3, 2025

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October 30, 2025 · 8:55 AM UTC

Guidewire Announces Winners of 2025 Customer and Partner Awards Celebrating the Power of Intelligent Insurance

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October 29, 2025 · 4:15 PM UTC

Guidewire Congratulates 2025 Innovation Award Winners – Amerisure, CNA, and OP Life

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October 28, 2025 · 9:00 AM UTC

Guidewire Signs Definitive Agreement to Acquire ProNavigator

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October 28, 2025 · 8:55 AM UTC

Guidewire Unveils PricingCenter, a Unified Pricing and Rating Application that Accelerates Product Innovation for P&C Insurers

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