Guidewire Software, Inc. SEC 10-Q Report

Guidewire Software, Inc., a leading provider of software products to the global property and casualty (P&C) insurance industry, has released its Form 10-Q report for the second quarter of fiscal year 2025. The report highlights significant improvements in both financial and operational performance, driven by growth in subscription and support revenue, strategic acquisitions, and geographical expansion.

Financial Highlights

Guidewire Software, Inc. reported robust financial results for the second quarter of fiscal year 2025:

• Total Revenue: $293.5 million, reflecting a significant increase from $240.7 million in the same quarter of the previous year, driven by growth in subscription and support revenue.
• Gross Profit: $182.7 million, up from $142.2 million in the prior year, indicating improved efficiency and cost management.
• Income (loss) from operations: $4.5 million, compared to a loss of $16.7 million in the previous year, highlighting a turnaround in operational performance.
• Net Income: $46.0 million, a substantial improvement from a net loss of $5.5 million in the same quarter last year, driven by increased revenue and operational efficiencies.
• Net income (loss) per share - Basic: $0.55, compared to a loss of $0.07 per share in the previous year, reflecting the company's improved profitability.
• Net income (loss) per share - Diluted: $0.54, compared to a loss of $0.07 per share in the previous year, indicating enhanced earnings performance.

Business Highlights

In addition to strong financial performance, Guidewire Software, Inc. achieved several key business milestones during the second quarter:

• Revenue Segments: The company reported revenue from three main product lines: Subscription and Support, License, and Services. Subscription and Support revenue was $181.8 million for the three months ended April 30, 2025, showing significant growth from $137.9 million in the same period in 2024. License revenue was $57.2 million, and Services revenue was $54.5 million for the same period.
• Geographical Performance: The Americas, including the United States, Canada, and Other Americas, contributed significantly to the revenue with $225.8 million for the three months ended April 30, 2025. The EMEA region generated $42.4 million, and the APAC region contributed $25.4 million in revenue.
• New Product Launches: The company completed its acquisition of Quantee, a Poland-based insurtech company specializing in dynamic pricing software, which is expected to enhance its product offerings and expand its customer base.
• Future Outlook: The company anticipates that subscription arrangements will continue to be a significant majority of annual new sales. It plans to continue investing in product development, cloud operations, and international expansion to maintain its competitive advantage and meet evolving customer demands.

SEC Filing: Guidewire Software, Inc. [ GWRE ] - 10-Q - Jun. 03, 2025