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, US
Websiteguidewire.com
Employee Ratings4.5
Overall CultureA+

Latest Updates

Employees (est.) (Jul 2021)2,942(+5%)
Job Openings439
Revenue (FY, 2021)$743.3 M
Share Price (May 2022)$86.6
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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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
Mike Polelle

Mike Polelle

Chief Delivery Officer
Winston King

Winston King

Chief Administrative Officer and General Counsel
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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
Show all (22)

Guidewire Software Financials and Metrics

Guidewire Software Revenue

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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
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

661.1m719.5m742.3m743.3m

Revenue growth, %

29%9%3%0%

Cost of goods sold

296.7m324.4m338.0m375.1m

Gross profit

364.4m395.2m404.3m368.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

179.7m169.3m162.9m157.0m173.5m168.2m169.8m180.1m164.0m165.9m

Cost of goods sold

82.5m79.6m80.3m80.9m83.6m85.8m91.0m91.9m92.1m103.2m

Gross profit

97.2m89.6m82.6m76.2m89.9m82.4m78.8m88.2m71.9m62.8m

Gross profit Margin, %

54%53%51%49%52%49%46%49%44%38%
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

437.1m254.1m367.0m384.9m

Accounts Receivable

124.8m138.4m114.2m104.1m

Prepaid Expenses

30.5m35.6m46.0m52.7m

Current Assets

1.2b1.3b1.3b1.4b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

391.3m360.2m368.9m179.1m218.5m293.8m293.8m331.4m284.4m239.6m

Accounts Receivable

84.9m119.7m108.8m79.5m101.2m79.6m78.3m92.6m71.8m80.4m

Prepaid Expenses

28.0m30.2m35.5m39.3m41.1m41.6m45.8m48.6m49.0m71.4m

Current Assets

1.3b1.3b1.2b1.2b1.2b1.2b1.3b1.4b1.3b1.1b
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(19.7m)20.7m(27.2m)(66.5m)

Depreciation and Amortization

35.6m40.0m42.6m37.0m

Accounts Payable

16.8m(5.5m)(1.2m)3.6m

Cash From Operating Activities

140.5m116.1m113.1m111.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

5.5m6.2m(2.3m)(15.0m)(34.9m)(66.0m)(20.2m)(28.8m)(65.5m)(51.3m)

Depreciation and Amortization

9.7m19.4m32.5m10.9m21.6m32.3m10.5m21.0m29.0m8.4m

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)1.3m5.9m(15.7m)(2.4m)3.2m(107.0m)
USDFY, 2018

Revenue/Employee

288.4k

Financial Leverage

1.4 x
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Guidewire Software Operating Metrics

Guidewire Software's Customers was reported to be 350 in FY, 2021.
FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021Q1, 2022

Customers

380340350

Countries

343534

ARR

$460 m$463 m$474 m$483 m$514 m$513 m$520 m$538 m$582 m$594 m

Customers (Cloud Services)

1046

Guidewire Software Acquisitions / Subsidiaries

Company NameDateDeal Size
HazardHubAugust 19, 2021
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 International Holdings, Inc.
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Guidewire Software Revenue Breakdown

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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

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Guidewire Software Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Guidewire Software Online and Social Media Presence

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Guidewire Software Company Culture

  • Overall Culture

    A+

    84/100

  • CEO Rating

    A+

    91/100

  • Compensation

    A+

    88/100

  • Diversity

    A

    84/100

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Guidewire Software News and Updates

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...

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.

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

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....

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...

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…
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Guidewire Software Blogs

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.

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.”

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…

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.

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 …
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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 2,942 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.