Guidewire Software
- Customers350FY, 2021
- Revenue$743.3 MFY, 2021
- Market Capitalization$7.2 B2022-05-02
OverviewSuggest Edit
Guidewire Software is a company providing technology solutions to the property, casualty, and workers compensation insurance industry. It offers ClaimCenter, a web-based claims system that supports various lines of personal, commercial, and workers' compensation insurance; BillingCenter, a web-based enterprise application for coordinating, executing, and recording receivables transactions; and PolicyCenter, a web-based underwriting and policy administration system for personal and commercial line carriers. The company also offers implementation services, and assessment services for property and casualty companies. The solutions are used to perform insurance operations, including billing, underwriting, policy, and claim management.
| Type | Public | |
| Founded | 2001 | |
| HQ | San Mateo, CA, US | Map |
| Website | guidewire.com | |
| Employee Ratings | ||
| Overall Culture | A+ | More |
Recent NewsAll News
- Thinking about trading options or stock in MongoDB, Guidewire Software, Tesla, Moderna, or Nio?
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Guidewire Software, Inc. - GWRE
- Guidewire Software, Inc. Investors: Portnoy Law Advises Last Days to Participate Actively in the Class Action Lawsuit
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Guidewire Software, Inc. - GWRE
Key People/Management at Guidewire Software
Mike Rosenbaum
Chief Executive Officer & Director
Priscilla Hung
President and Chief Operating Officer
Marcus Ryu
Co-Founder and Chairman
Brian Desmond
Chief Marketing Officer
Mike Polelle
Chief Delivery Officer
Winston King
Chief Administrative Officer and General Counsel
Guidewire Software Office Locations
Guidewire Software has offices in San Mateo, Bedford, Birmingham, Columbia and in 18 other locations
San Mateo, CA, US (HQ)
2850 S Delaware St #400
Bedford, MA, US
54 Middlesex Turnpike #201Bedford
Birmingham, AL, US
210 Inverness Pkwy
Columbia, SC, US
Bank of America Plaza, 1901 Main St #950
Exton, PA, US
707 Eagleview Blvd #307Exton
Minneapolis, MN, US
4700 W 77th St #100
Guidewire Software Financials and Metrics
Guidewire Software Revenue
Guidewire Software's revenue was reported to be $743.27 m in FY, 2021 which is a 0.1% increase from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2022) | 165.9m |
Gross profit (Q1, 2022) | 62.8m |
Gross profit margin (Q1, 2022), % | 37.8% |
Net income (Q1, 2022) | (51.3m) |
EBIT (Q1, 2022) | (65.4m) |
Market capitalization (2-May-2022) | 7.2b |
Closing stock price (2-May-2022) | 86.6 |
Cash (31-Oct-2021) | 239.6m |
EV | 7.5b |
Guidewire Software's current market capitalization is $7.2 b.
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 179.7m | 169.3m | 162.9m | 157.0m | 173.5m | 168.2m | 169.8m | 180.1m | 164.0m | 165.9m |
Cost of goods sold | 82.5m | 79.6m | 80.3m | 80.9m | 83.6m | 85.8m | 91.0m | 91.9m | 92.1m | 103.2m |
Gross profit | 97.2m | 89.6m | 82.6m | 76.2m | 89.9m | 82.4m | 78.8m | 88.2m | 71.9m | 62.8m |
Gross profit Margin, % | 54% | 53% | 51% | 49% | 52% | 49% | 46% | 49% | 44% | 38% |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 391.3m | 360.2m | 368.9m | 179.1m | 218.5m | 293.8m | 293.8m | 331.4m | 284.4m | 239.6m |
Accounts Receivable | 84.9m | 119.7m | 108.8m | 79.5m | 101.2m | 79.6m | 78.3m | 92.6m | 71.8m | 80.4m |
Prepaid Expenses | 28.0m | 30.2m | 35.5m | 39.3m | 41.1m | 41.6m | 45.8m | 48.6m | 49.0m | 71.4m |
Current Assets | 1.3b | 1.3b | 1.2b | 1.2b | 1.2b | 1.2b | 1.3b | 1.4b | 1.3b | 1.1b |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 5.5m | 6.2m | (2.3m) | (15.0m) | (34.9m) | (66.0m) | (20.2m) | (28.8m) | (65.5m) | (51.3m) |
Depreciation and Amortization | 9.7m | 19.4m | 32.5m | 10.9m | 21.6m | 32.3m | 10.5m | 21.0m | 29.0m | 8.4m |
Accounts Payable | (7.9m) | (14.5m) | (11.1m) | (3.0m) | (4.0m) | (5.7m) | (2.2m) | (4.3m) | (118.0k) | (1.3m) |
Cash From Operating Activities | (27.2m) | (13.0m) | 13.2m | (18.1m) | 1.3m | 5.9m | (15.7m) | (2.4m) | 3.2m | (107.0m) |
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 288.4k |
Financial Leverage | 1.4 x |
Guidewire Software Operating Metrics
Guidewire Software Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| HazardHub | August 19, 2021 | |
| Cyence | October 06, 2017 | $275 m |
| ISCS | December 19, 2016 | |
| FirstBest | August 04, 2016 | |
| EagleEye Analytics | March 29, 2016 | |
| Cyence India Private Limited | ||
| Cyence LLC | ||
| EagleEye Analytics, LLC | ||
| FirstBest Systems, LLC | ||
| Guidewire International Holdings, Inc. |
Guidewire Software Revenue Breakdown
Guidewire Software revenue breakdown by business segment: 40.9% from License, 25.2% from Services and 34.0% from Subscription and support
Guidewire Software revenue breakdown by geographic segment: 75.5% from Americas, 16.4% from EMEA and 8.1% from APAC
Guidewire Software Cybersecurity Score
Guidewire Software Environment, Social & Governance (ESG) Ratings
Guidewire Software Online and Social Media Presence
4.45k Twitter followers
Guidewire Software has 4.45k Twitter Followers. The number of followers has increased 0.3% month over month and increased 1.5% quarter over quarter
Guidewire Software's Trends
Twitter Engagement Stats for @Guidewire_PandC
6.5k
Tweets
865
Following
4.5k
Followers
39
Tweets last 30 days
2.4
Avg. likes per Tweet
97.4%
Tweets with engagement
Guidewire Software Company Culture
Overall Culture
A+
84/100
CEO Rating
A+
91/100
Compensation
A+
88/100
Diversity
A
84/100
Guidewire Software News and Updates
September 03, 2021
Thinking about trading options or stock in MongoDB, Guidewire Software, Tesla, Moderna, or Nio?
NEW YORK, Sept. 3, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MDB, GWRE, TSLA, MRNA, and NIO. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...
September 21, 2020
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Guidewire Software, Inc. - GWRE
NEW YORK, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Guidewire Software, Inc. (“Guidewire” or the “Company”) (NYSE: GWRE). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 7980.
September 18, 2020
Guidewire Software, Inc. Investors: Portnoy Law Advises Last Days to Participate Actively in the Class Action Lawsuit
Investors with losses are encouraged to contact the firm before September 23, 2020; click here to submit trade information
September 15, 2020
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Guidewire Software, Inc. - GWRE
NEW YORK, Sept. 14, 2020 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Guidewire Software, Inc. ("Guidewire" or the "Company") (NYSE: GWRE). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 7980....
August 28, 2020
ROSEN, A HIGHLY RECOGNIZED FIRM, Reminds Guidewire Software, Inc. Investors of the Important Deadline in Securities Class Action - GWRE
NEW YORK, Aug. 28, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Guidewire Software, Inc. between March 6, 2019 and March 4, 2020, inclusive (the "Class Period"), of the important September 23, 2020 lead plaintiff deadline...
July 16, 2020
Guidewire Software Stock Rallied 49% Over Recent Months, Should You Invest?
After a 49% rally since March 23, Guidewire Software’s stock looks fully valued based on its historic Price-to-Sales (P/S) multiple. Guidewire Software, which provides a technology platform for Property & Casualty (P&C) insurance carriers, has seen its stock rally from $76 to $113 off the re…
Guidewire Software Blogs
May 23, 2022
A Journey of a Thousand Miles
Typically, I'd avoid using overused proverbs, but I think this one is appropriate. We have a long journey ahead of us to build more complete Australian and New Zealand local content.
May 18, 2022
Enter Elysian: Introducing Guidewire’s Embedded Insurance Solution
Are you planning a big trip this summer? I noticed a recent travel survey calling 2022 the year of the GOAT, with people taking their “Greatest Of All Trips.”
April 15, 2022
As Tech and Data Evolve, Insurers Can Launch More Successful Marketing Campaigns
Insurance technology and data have evolved, making it much easier for insurers to understand their portfolios, market segmentation, and targeting efforts. These capabilities offer a tremendous competitive advantage in terms of increased revenue per policyholder, average policy size, and strike rates…
April 12, 2022
Social Inflation: Why Insurers Are Losing the Analytics Race
“Social inflation” has become somewhat of a buzzword on insurers’ earnings calls in recent years – especially over the past 18 months. The phenomenon is responsible for driving up the cost of claims across a range of lines, ultimately affecting insurers’ profitability.
April 04, 2022
Claims Automation Made Cool – You Can Help
Recently I was reflecting on my time working in the insurance industry. My experience began in 2003 with an introduction to the unconventional world of the London Market, as seen through the architecturally magnificent Lloyd's building wrapping the archaic Lutine Bell signifying the ancient origins …
Guidewire Software Frequently Asked Questions
When was Guidewire Software founded?
Guidewire Software was founded in 2001.
Who are Guidewire Software key executives?
Guidewire Software's key executives are Mike Rosenbaum, Priscilla Hung and Marcus Ryu.
How many employees does Guidewire Software have?
Guidewire Software has 2,942 employees.
What is Guidewire Software revenue?
Latest Guidewire Software annual revenue is $743.3 m.
What is Guidewire Software revenue per employee?
Latest Guidewire Software revenue per employee is $252.6 k.
Who are Guidewire Software competitors?
Competitors of Guidewire Software include Tia Technology, Prima Solutions and Insurity.
Where is Guidewire Software headquarters?
Guidewire Software headquarters is located at 2850 S Delaware St #400, San Mateo.
Where are Guidewire Software offices?
Guidewire Software has offices in San Mateo, Bedford, Birmingham, Columbia and in 18 other locations.
How many offices does Guidewire Software have?
Guidewire Software has 22 offices.
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