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Guidewire Software

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.

TypePublic
Founded2001
HQSan Mateo, CA, USMap
Websiteguidewire.com
Employee Ratings4.4More
Overall CultureAMore
View Jobs (203)

Recent NewsAll News

Latest Updates

Employees (est.) (Jul 2020)2,690(+15%)
Job Openings203
Revenue (FY, 2019)$719.5 M(+9%)
Share Price (Apr 2021)$102.5
Cybersecurity ratingBMore

Key People/Management at Guidewire Software

Mike Rosenbaum

Mike Rosenbaum

Chief Executive Officer & Director
Priscilla Hung

Priscilla Hung

President and Chief Operating Officer
Marcus Ryu

Marcus Ryu

Co-Founder and Chairman
Brian Desmond

Brian Desmond

Chief Marketing Officer
Eileen Maier

Eileen Maier

Chief Transformation Officer
Mike Polelle

Mike Polelle

Chief Delivery Officer
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Guidewire Software Office Locations

Guidewire Software has offices in San Mateo, Bedford, Birmingham, Chicago and in 21 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
Chicago, IL, US
233 S Wacker Dr
Columbia, SC, US
Bank of America Plaza, 1901 Main St #950
Exton, PA, US
707 Eagleview Blvd #307Exton
Show all (25)

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, 2021)

59.6m

Gross profit (Q2, 2021)

19.4m

Gross profit margin (Q2, 2021), %

32.6%

Market capitalization (1-Apr-2021)

8.6b

Closing stock price (1-Apr-2021)

102.5

Cash (31-Jan-2021)

237.5m

EV

8.8b
Guidewire Software's current market capitalization is $8.6 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, 2020Q3, 2020Q2, 2021

Revenue

94.1m115.6m123.4m108.2m163.8m140.5m179.7m169.3m162.9m157.0m173.5m93.2m59.6m

Cost of goods sold

42.0m40.8m51.5m62.9m67.8m74.3m82.5m79.6m80.3m80.9m83.6m28.7m40.2m

Gross profit

52.1m74.8m72.0m45.3m96.0m66.1m97.2m89.6m82.6m76.2m89.9m64.5m19.4m

Gross profit Margin, %

55%65%58%42%59%47%54%53%51%49%52%69%33%
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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
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q2, 2021

Cash

131.1m225.4m180.2m255.4m205.3m476.1m391.3m360.2m368.9m179.1m218.5m240.6m237.5m

Accounts Receivable

55.1m64.6m95.0m78.4m100.0m101.1m84.9m119.7m108.8m79.5m101.2m79.6m92.6m

Prepaid Expenses

20.0m23.9m30.7m28.1m33.7m31.2m28.0m30.2m35.5m39.3m41.1m41.6m48.6m

Current Assets

605.5m671.3m603.2m667.6m638.9m1.1b1.3b1.3b1.2b1.2b1.2b1.2b1.4b
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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, 2020Q3, 2020Q2, 2021

Net Income

(7.9m)(3.9m)(5.7m)(8.9m)(54.5m)(103.1m)5.5m6.2m(2.3m)(15.0m)(34.9m)(66.0m)(28.8m)

Depreciation and Amortization

3.1m6.4m12.2m6.6m16.3m26.1m9.7m19.4m32.5m10.9m21.6m32.3m21.0m

Accounts Payable

902.0k(1.7m)546.0k1.9m4.8m4.6m(7.9m)(14.5m)(11.1m)(3.0m)(4.0m)(5.7m)(4.3m)

Cash From Operating Activities

(12.9m)29.6m51.5m(31.2m)16.4m36.6m(27.2m)(13.0m)13.2m(18.1m)1.3m5.9m(2.4m)
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USDFY, 2016

Revenue/Employee

276.3k

Financial Leverage

1.2 x
Show all financial metrics

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
Show all operating metrics

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 Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

Learn more about our premium products
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Guidewire Software Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Guidewire Software Online and Social Media Presence

Guidewire Software's Trends

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Guidewire Software Company Culture

  • Overall Culture

    A

    83/100

  • CEO Rating

    A+

    91/100

  • Compensation

    A+

    90/100

  • Diversity

    A

    84/100

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Guidewire Software News and Updates

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…
March 04, 2020

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…
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Guidewire Software Blogs

April 09, 2021

Enabling Digital Transformation: It’s Never “Done”

Digital transformation is the process of using digital technologies to change or create new business processes, customer experiences, and culture to meet changing business and market requirements. It’s not a one-time thing. It’s a business strategy that, once established, should continue to change a…
April 02, 2021

Delivering Service Excellence Today Is the Expectation

The challenge for insurers trying to get service excellence right is that customer expectations keep changing and soaring. Customers want their experiences to be connected and personalized.
March 30, 2021

Ransomware: Addressing the Challenge to Cyber Insurance

Cyber insurance was once seen as a bright spot for the commercial insurance industry, with noticeably lower loss ratios and higher profitability compared to other major commercial coverages. However, the honeymoon period may be fading. Loss ratios have been rising, jumping 10 percent in in the past…
March 26, 2021

Profitable Growth: The Best Kind of Growth

If your goal for 2021 is to grow your book of business, you’ll certainly face challenges. If your goal for 2021 is to grow profitably, then you’ve just upped the degree of difficulty significantly. But at the same time, who doesn’t want profitable growth? Our customers certainly do, which is why the…
March 25, 2021

Discover What's Next with the New Guidewire Marketplace

From “Maturetech” to Insurtech and everything in between, our ecosystem has made the Guidewire Marketplace the place-to-be for innovators and creators who are looking to inject fresh ideas into our industry.
March 24, 2021

A Glimpse into the Future of Claims

The property and casualty (P&C) industry has reached a significant inflection point, with changes in customer expectations and shifting market demands. Nowhere is this more apparent than in the claims organization, which stands at a critical crossroads in a customer's journey. Today's customers …
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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 Marcus Ryu.

  • How many employees does Guidewire Software have?

    Guidewire Software has 2,690 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 $267.5 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, Chicago and in 21 other locations.

  • How many offices does Guidewire Software have?

    Guidewire Software has 25 offices.