Guidewire Software

Guidewire Software, Inc. provides 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 Сompany also offers implementation services, and assessment services for property and casualty companies in North America. Its solutions are used to perform various insurance operations, including billing, underwriting, policy, and claim management.
Company Growth (employees)
Type
Public
HQ
Foster City, US
Founded
2001
Size (employees)
1,536 (est)+15%
Guidewire Software was founded in 2001 and is headquartered in Foster City, US

Key People at Guidewire Software

Marcus Ryu

Marcus Ryu

Chief Executive Officer
Richard Hart

Richard Hart

Chief Financial Officer
Brian Desmond

Brian Desmond

Chief Marketing Officer
Ali Kheirolomoom

Ali Kheirolomoom

Chief Product Officer

Guidewire Software Office Locations

Guidewire Software has offices in Foster City, Edina, Exton, Mississauga and in 27 other locations
Foster City, US (HQ)
1001 E. Hillsdale Blvd., Suite 800
Milano, IT
94 Viale Abruzzi
Moskva, RU
3-y Lesnoy per.
Kraków, PL
29 Lubelska
Warszawa, PL
23 aleja Jana Pawła II
Zürich, CH
100 Bahnhofstrasse
Show all (31)

Guidewire Software Data and Metrics

Guidewire Software Financial Metrics

Guidewire Software's revenue was reported to be $123.4 m in Q3, 2017
USD

Revenue (Q3, 2017)

123.4 m

Gross profit (Q3, 2017)

72 m

Gross profit margin (Q3, 2017), %

58%

Net income (Q3, 2017)

(1.8 m)

EBIT (Q3, 2017)

(4.3 m)

Market capitalization (15-Aug-2017)

5.2 b

Cash (30-Apr-2017)

180.2 m
Guidewire Software's current market capitalization is $5.2 b.
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

232.1 m300.6 m350.2 m380.5 m424.4 m

Revenue growth, %

30%16%9%12%

Cost of goods sold

147.2 m151.8 m

Gross profit

233.4 m272.6 m

Gross profit Margin, %

61%64%

Sales and marketing expense

92.8 m

R&D expense

112.5 m

General and administrative expense

50.9 m

Operating expense total

182.9 m216.9 m256.2 m

EBIT

18.4 m16.5 m16.4 m

EBIT margin, %

5%4%4%

Interest income

2.2 m4.9 m

Pre tax profit

16.7 m20.8 m

Income tax expense

9.9 m5.5 m5.2 m6.9 m5.8 m

Net Income

14.7 m9.9 m15 m
USDQ1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017Q3, 2017

Revenue

79.7 m89.4 m85.4 m82.3 m102.1 m98.9 m94.1 m115.6 m123.4 m

Cost of goods sold

35.8 m34.1 m37.9 m35.2 m34.9 m39 m42 m40.8 m51.5 m

Gross profit

44 m55.4 m47.5 m47.1 m67.2 m59.9 m52.1 m74.8 m72 m

Gross profit Margin, %

55%62%56%57%66%61%55%65%58%

Sales and marketing expense

17.5 m20.2 m18.8 m19.3 m22.7 m22.9 m25.5 m23.5 m28.8 m

R&D expense

20.3 m22.3 m24.6 m25.7 m25.4 m29.3 m30.8 m30 m34.1 m

General and administrative expense

9.8 m9.6 m10.9 m11.1 m11.5 m13.4 m14.2 m13.1 m13.4 m

Operating expense total

47.6 m52 m54.2 m56.1 m59.5 m65.6 m70.4 m66.6 m76.3 m

EBIT

(3.6 m)3.3 m(6.7 m)(9 m)7.7 m(5.8 m)(18.3 m)8.2 m(4.3 m)

EBIT margin, %

(5%)4%(8%)(11%)8%(6%)(19%)7%(4%)

Pre tax profit

3 m(6 m)(8.1 m)7.3 m(2.8 m)(17.6 m)10.1 m(2.9 m)

Income tax expense

(612 k)(1 m)(3 m)(6.4 m)6.4 m(2.4 m)(9.8 m)6.1 m(1.1 m)

Net Income

(3 m)4 m(3 m)(1.6 m)913 k(404 k)(7.9 m)4 m(1.8 m)
USDFY, 2014FY, 2015FY, 2016

Cash

148.1 m212.4 m223.6 m

Accounts Receivable

49.8 m62.1 m62.8 m

Inventories

10.8 m14.1 m16.6 m

Current Assets

516.4 m661.6 m707.7 m

PP&E

12.6 m12.2 m13 m

Goodwill

9.2 m9.2 m30.1 m

Total Assets

757.2 m799.9 m916.2 m

Accounts Payable

7 m8.8 m9.9 m

Current Liabilities

95.4 m104.4 m119.1 m

Total Liabilities

132.2 m

Additional Paid-in Capital

629.1 m662.9 m742.7 m

Retained Earnings

23 m32.9 m47.8 m

Total Equity

689.4 m783.9 m

Financial Leverage

1.2 x1.2 x
USDQ1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017Q3, 2017

Cash

121.5 m125.2 m156.9 m192.7 m216.9 m204.6 m131.1 m225.4 m180.2 m

Accounts Receivable

40.1 m61.8 m59.6 m54.3 m59.4 m61.2 m55.1 m64.6 m95 m

Current Assets

563.3 m628.5 m634.3 m619.1 m663.8 m654.4 m605.5 m671.3 m603.2 m

PP&E

12.4 m12.4 m12.4 m13.4 m13 m13.3 m13 m11.7 m11.9 m

Goodwill

9.2 m9.2 m9.2 m9.2 m9.2 m29.6 m46.3 m45.6 m142 m

Total Assets

731.8 m749 m770.9 m786.9 m824.3 m858.4 m903.4 m951.9 m1 b

Accounts Payable

7.1 m7 m10.2 m5.9 m7.3 m8.6 m10.6 m8.3 m11.8 m

Current Liabilities

73.9 m84.1 m103.4 m76.7 m94.5 m108.1 m100.1 m128.6 m164.1 m

Common Stock

7 k7 k7 k7 k7 k7 k7 k7 k7 k

Additional Paid-in Capital

633.9 m640.6 m645.3 m679.1 m697.6 m715.3 m761.9 m781.6 m799.5 m

Retained Earnings

20 m23.9 m21 m31.2 m32.1 m31.7 m40 m43.9 m42.1 m

Total Equity

703.6 m721.9 m741.2 m794.2 m817.7 m833.9 m

Financial Leverage

1.1 x1.1 x1.2 x1.1 x1.2 x1.2 x
USDFY, 2014FY, 2015FY, 2016

Net Income

14.7 m9.9 m15 m

Depreciation and Amortization

6.8 m7.5 m8.8 m

Accounts Receivable

(9.3 m)(13 m)(75 k)

Accounts Payable

393 k2.3 m603 k

Cash From Operating Activities

75.5 m63.7 m99.9 m

Purchases of PP&E

(5 m)(6.3 m)(7.1 m)

Cash From Investing Activities

(380.4 m)23.1 m(101.3 m)

Cash From Financing Activities

372.6 m(17.4 m)13.5 m

Interest Paid

4 k

Income Taxes Paid

2.1 m
USDQ1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017Q3, 2017

Net Income

(3 m)4 m(3 m)(1.6 m)913 k(404 k)(7.9 m)4 m(1.8 m)

Accounts Receivable

40.1 m61.8 m59.6 m54.3 m59.4 m61.2 m55.1 m64.6 m95 m

Accounts Payable

7.1 m7 m10.2 m5.9 m7.3 m8.6 m10.6 m8.3 m11.8 m
Y, 2017

Financial Leverage

1.2 x

Guidewire Software Operating Metrics

Guidewire Software's Customers was reported to be 260 in FY, 2016, which is a 26% increase from the previous period
FY, 2014FY, 2015FY, 2016

Premiums Under License

$260 b$289 b$342 b

Customers

183206260

Countries

212331

Guidewire Software Market Value History

Guidewire Software Revenue Breakdown

Guidewire Software Job Categories

Guidewire Software Median Salaries

Source: 200 public H-1B filings from Guidewire Software

Traffic Overview of Guidewire Software

Guidewire Software Online and Social Media Presence

Guidewire Software News and Updates

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PRESS RELEASE: USVP, a top-tier early-stage venture capital firm, has announced the passing of founder and inspirational leader, William K. Bowes, Jr., known affectionately by everyone as just "Bill." Bill passed away peacefully in his home on Wednesday,...

Investment Deals to P&C Insurance Tech Startups Jump In 2016

A host of venture-backed startups have propelled property & casualty insurance tech investment deals to a new high in 2016, with three months still to go in the year, according to CB Insights data. The startups are working across various P&C … Continued

There Have Been Few Meaningful Insurance Tech Exits to Date

In the first half of 2016, startups across the insurance tech landscape raised more than $1 billion in investment. While venture investors and corporates are making more insurance tech bets, the insurance industry has seen relatively few major wins for … Continued

The Top Financings, Partnerships & Hirings In Insurance Tech — H1’16 Recap

From the rise of insurers starting strategic venture arms to a record amount of early-stage deal activity to new partnerships in smart home, distribution, and elsewhere, it’s been a busy six months in the world of insurance tech. So we … Continued

Fintech’s Next Big Playground Is InsurTech

The following is a post written by Patricia Kemp (@_PatriciaKemp), general partner at Oak HC/FT (@oakhcft), a speaker at the CB Insights Future of Fintech conference in New York. It is tagged InsurTech[1] and it has emerged rapidly as the latest and most disruptive technology vertical … Continued

Guidewire Software Company Life and Culture

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