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 various insurance operations, including billing, underwriting, policy, and claim management.
TypePublic
Founded2001
HQSan Mateo, US
Websiteguidewire.com
Employee Ratings4.1
Culture scoreB+

Latest Updates

Employees (est.) (Jul 2019)2,355(+3%)
Revenue (FY, 2019)$719.5 M(+9%)
Share Price (May 2020)$100.9 (+3%)

Key People/Management at Guidewire Software

Mike Rosenbaum

Mike Rosenbaum

Director
Priscilla Hung

Priscilla Hung

Chief Operating Officer
Jeff Cooper

Jeff Cooper

Interim Chief Financial Officer
Diego Devalle

Diego Devalle

Global Head of Product and Engineering
Steven Sherry

Steven Sherry

Chief Sales Officer
Eileen Maier

Eileen Maier

Chief Transformation Officer
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Guidewire Software Office Locations

Guidewire Software has offices in San Mateo, Bedford, Birmingham, Chicago and in 19 other locations
San Mateo, US (HQ)
2850 S Delaware St #400
Bedford, US
54 Middlesex Turnpike #201Bedford
Birmingham, US
210 Inverness Pkwy
Chicago, US
233 S Wacker Dr
Columbia, US
500 Taylor St #200
Edina, US
5275 Edina Industrial Blvd #110
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Guidewire Software Financials and Metrics

Guidewire Software Revenue

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Guidewire Software's revenue was reported to be $719.51 m in FY, 2019 which is a 8.8% increase from the previous period.
USD

Revenue (Q2, 2020)

173.5m

Gross profit (Q2, 2020)

89.9m

Gross profit margin (Q2, 2020), %

51.8%

Net income (Q2, 2020)

(19.9m)

EBIT (Q2, 2020)

(18.0m)

Market capitalization (22-May-2020)

8.4b

Closing stock price (22-May-2020)

100.9

Cash (31-Jan-2020)

218.5m

EV

8.6b
Guidewire Software's current market capitalization is $8.4 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

424.4m514.3m661.1m719.5m

Revenue growth, %

12%21%29%9%

Cost of goods sold

151.8m191.6m296.7m324.4m

Gross profit

272.6m322.7m364.4m395.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

94.1m115.6m123.4m108.2m163.8m140.5m179.7m169.3m162.9m157.0m173.5m

Cost of goods sold

42.0m40.8m51.5m62.9m67.8m74.3m82.5m79.6m80.3m80.9m83.6m

Gross profit

52.1m74.8m72.0m45.3m96.0m66.1m97.2m89.6m82.6m76.2m89.9m

Gross profit Margin, %

55%65%58%42%59%47%54%53%51%49%52%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

223.6m263.2m437.1m254.1m

Accounts Receivable

62.8m79.4m124.8m138.4m

Prepaid Expenses

16.6m26.6m30.5m35.6m

Current Assets

707.7m679.2m1.2b1.3b
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

15.0m21.2m(19.7m)20.7m

Depreciation and Amortization

8.8m18.7m35.6m40.0m

Accounts Payable

603.0k1.3m16.8m(5.5m)

Cash From Operating Activities

99.9m137.2m140.5m116.1m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(7.9m)(3.9m)(5.7m)(8.9m)(54.5m)(103.1m)5.5m6.2m(2.3m)(15.0m)(34.9m)

Depreciation and Amortization

3.1m6.4m12.2m6.6m16.3m26.1m9.7m19.4m32.5m10.9m21.6m

Accounts Payable

902.0k(1.7m)546.0k1.9m4.8m4.6m(7.9m)(14.5m)(11.1m)(3.0m)(4.0m)

Cash From Operating Activities

(12.9m)29.6m51.5m(31.2m)16.4m36.6m(27.2m)(13.0m)13.2m(18.1m)1.3m
USDY, 2020

EV/EBIT

-475.3 x

EV/CFO

6.4 k x

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.4 x

P/E Ratio

(420.3)
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Guidewire Software Operating Metrics

Guidewire Software's Customers was reported to be 380 in FY, 2019.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Customers

183 206 260 328 380 380

Countries

21 23 31 37 39 34

Premiums Under License

$260 b$289 b$342 b$423 b$454 b
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Guidewire Software Acquisitions / Subsidiaries

Company NameDateDeal Size
CyenceOctober 06, 2017$275 m
ISCSDecember 19, 2016
FirstBestAugust 04, 2016
EagleEye AnalyticsMarch 29, 2016
Cyence India Private Limited
Cyence LLC
EagleEye Analytics, LLC
FirstBest Systems, LLC
Guidewire Servicios de Software Services do Brazil Ltda                                           
Guidewire Software (Beijing) Co. Ltd.
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Guidewire Software Revenue Breakdown

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Guidewire Software revenue breakdown by business segment: 34.6% from Services, 11.9% from Maintenance and 53.6% from License

Guidewire Software revenue breakdown by geographic segment: 9.9% from APAC, 19.0% from EMEA and 71.1% from Americas

Guidewire Software Online and Social Media Presence

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Guidewire Software Company Culture

  • Overall Culture

    B+

    77/100

  • CEO Rating

    A+

    86/100

  • Compensation

    A+

    87/100

  • Diversity

    A-

    78/100

Learn more on Comparably

Guidewire Software News and Updates

Guidewire Software cuts annual guidance, stock plunges

Guidewire Software Inc. shares dropped 13% in after-hours trading Wednesday after the company slashed its annual guidance. As part of quarterly earnings, the software company said that it now expects full-year revenue of $702 million to $714 million, after previously stating a forecast of $759 mill…

Guidewire Software Recognised as a Leader in the Gartner Magic Quadrant for Non-Life Insurance Platforms, Europe, for Second Consecutive Year

Guidewire Software positioned highest for “ability to execute” and furthest for “completeness of vision”read more

S&P Global Ratings expands collaboration with Guidewire Software to inform cyber component of New ESG Evaluations

NEW YORK, April 11, 2019 /PRNewswire/ -- S&P Global Ratings, a division of S&P Global Inc. (NYSE: SPGI), and Guidewire Software, Inc. (NYSE: GWRE) today announced an increased collaboration to inform the cyber security factors of the governance component in the new S&P Global Ratings...

Insurance IT Spending Market 2019: Global Analysis by Key Players – Accenture, CSC, Fiserv, Guidewire Software, Oracle

Wiseguyreports.Com Publish New Market Research Report On -“Insurance IT Spending Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2019 - 2025” Posted via Industry Today. Follow us on Twitter @IndustryToday

Blackcomb Consultants Elevated to Advantage Tier in Guidewire Software PartnerConnect Program

Decision Based Upon Proof of Quality Service Delivery, and Increases in Client Wins, # of Certified Professionals & Specialized Capabilities
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Guidewire Software Blogs

Risque cyber croissant sur l'assurance durant la crise sanitaire du COVID-19 : pourquoi ?

Title:  Risque cyber croissant sur l'assurance durant la crise sanitaire du COVID-19 : pourquoi ? URL Type:  URL URL:  https://www.journaldunet.com/solutions/dsi/1491419-pourquoi-le-risque-cyber-sur-les-acteurs-de-l-assurance-etait-plus-fort-durant-la-crise-sanitaire-du-covid-19/ Publication:  L…

Paul Mang

As Guidewire’s Chief Innovation Officer, Paul Mang supports senior executives of insurance organizations in refining their innovation strategies to achieve growth objectives. Paul also leads the Analytics and Data Services go-to-market team to help clients leverage analytics to deliver greater valu…

AssureSign

AssureSign provides a preferred document management and eSignature solution for P&C insurance, delivering accelerated policyholder acquisitions, automated claims handling, and reduced customer touchpoints. Since 2000, AssureSign has empowered the world’s largest brands to execute more than 800 …

How Insurtechs Are Enabling the New Normal in P&C (Part 1)

Post Date: AMMon, 11 May 2020 10:00:15 -0700Mon, 11 May 2020 10:00:15 -0700am20 Mon, 11 May 2020 10:00:15 -0700Mon, 11 May 2020 10:00:15 -0700 Author: Laura Drabik Blog Category:  Industry Trends Covid-19 is forcing our industry to rethink how insurers do b…

Cyence for Small Business - Workers' Compensation eBook

Registration Link https://success.guidewire.com/Ebook_GwCyence_SmallBusinessWC_Registration.html Resource Image Related Products Cyence for Small Business Content Gated:  External URL: 

ANCILE Solutions

ANCILE Solutions, Inc. is the creator of uPerform, a digital learning content platform that drives user adoption for more than 200 of the world’s leading business and healthcare applications. uPerform helps customer organizations realize the full value of their EHR, HCM, and ERP software by boostin…
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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 Jeff Cooper.

  • How many employees does Guidewire Software have?

    Guidewire Software has 2,355 employees.

  • What is Guidewire Software revenue?

    Latest Guidewire Software annual revenue is $719.5 m.

  • What is Guidewire Software revenue per employee?

    Latest Guidewire Software revenue per employee is $305.5 k.

  • Who are Guidewire Software competitors?

    Competitors of Guidewire Software include Duck Creek Technologies, Majesco and FINEOS.

  • 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, Chicago and in 19 other locations.

  • How many offices does Guidewire Software have?

    Guidewire Software has 24 offices.