Guidewire Software, Inc. (GWRE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 372.54M | 359.1M | 332.64M | 356.57M | 293.51M | 289.48M | 262.9M | 291.51M | 240.68M | 240.9M | 207.41M | 269.96M | 207.49M | 232.61M | 195.28M | 244.6M | 197.45M | 204.63M | 165.93M | 229.44M |
| Revenue Growth % | 26.93% | 24.05% | 26.53% | 22.32% | 21.95% | 20.17% | 26.76% | 7.99% | 16% | 3.56% | 6.21% | 10.37% | 5.09% | 13.67% | 17.69% | 6.61% | 20.42% | 13.65% | -2.28% | -5.84% |
| Cost of Goods Sold | 135.9M | 127.57M | 123.12M | 124.76M | 110.81M | 110.33M | 104.51M | 105.08M | 98.45M | 98.49M | 95.11M | 106.28M | 108.57M | 109.15M | 123.13M | 128.74M | 113.52M | 102.44M | 97.54M | 100.12M |
| COGS % of Revenue | 36.48% | 35.53% | 37.01% | 34.99% | 37.75% | 38.11% | 39.75% | 36.05% | 40.91% | 40.89% | 45.86% | 39.37% | 52.33% | 46.92% | 63.05% | 52.63% | 57.5% | 50.06% | 58.78% | 43.64% |
| Gross Profit | 236.65M | 231.52M | 209.52M | 231.81M | 182.7M | 179.15M | 158.39M | 186.44M | 142.23M | 142.41M | 112.29M | 163.68M | 98.92M | 123.46M | 72.15M | 115.86M | 83.92M | 102.19M | 68.39M | 129.31M |
| Gross Margin % | 63.52% | 64.47% | 62.99% | 65.01% | 62.25% | 61.89% | 60.25% | 63.95% | 59.09% | 59.11% | 54.14% | 60.63% | 47.67% | 53.08% | 36.95% | 47.37% | 42.5% | 49.94% | 41.22% | 56.36% |
| Gross Profit Growth % | 29.53% | 29.23% | 32.28% | 24.34% | 28.46% | 25.8% | 41.05% | 13.9% | 43.78% | 15.34% | 55.63% | 41.28% | 17.87% | 20.82% | 5.49% | -10.41% | 16.72% | 15.92% | -13.24% | -17.03% |
| Operating Expenses | 206.01M | 193.08M | 191.04M | 202.21M | 178.23M | 167.43M | 163.11M | 176.12M | 158.92M | 154.82M | 146.07M | 157.58M | 156.73M | 146.68M | 146.71M | 148.06M | 146.33M | 141.65M | 133.77M | 129.4M |
| OpEx % of Revenue | 55.3% | 53.77% | 57.43% | 56.71% | 60.72% | 57.84% | 62.04% | 60.42% | 66.03% | 64.27% | 70.43% | 58.37% | 75.54% | 63.06% | 75.12% | 60.53% | 74.11% | 69.22% | 80.62% | 56.4% |
| Selling, General & Admin | 118.14M | 109.76M | 112.73M | 118.12M | 105.31M | 97.16M | 94.23M | 100.8M | 92.79M | 89.36M | 83.6M | 90.76M | 93.68M | 84.98M | 88.53M | 82.78M | 87.89M | 85.84M | 78.65M | 69.87M |
| SG&A % of Revenue | 31.71% | 30.56% | 33.89% | 33.13% | 35.88% | 33.56% | 35.84% | 34.58% | 38.55% | 37.09% | 40.31% | 33.62% | 45.15% | 36.53% | 45.34% | 33.84% | 44.51% | 41.95% | 47.4% | 30.45% |
| Research & Development | 87.87M | 83.33M | 78.32M | 84.1M | 72.92M | 70.27M | 68.88M | 75.32M | 66.13M | 65.46M | 62.47M | 66.82M | 63.05M | 61.7M | 58.17M | 65.29M | 58.44M | 55.8M | 55.12M | 59.53M |
| R&D % of Revenue | 23.59% | 23.2% | 23.54% | 23.59% | 24.84% | 24.27% | 26.2% | 25.84% | 27.48% | 27.17% | 30.12% | 24.75% | 30.39% | 26.53% | 29.79% | 26.69% | 29.6% | 27.27% | 33.22% | 25.95% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 30.64M | 38.89M | 18.48M | 29.6M | 4.47M | 11.72M | -4.72M | 10.31M | -16.7M | -12.41M | -33.78M | 6.09M | -57.82M | -23.22M | -74.55M | -32.21M | -62.4M | -39.46M | -65.38M | -84K |
| Operating Margin % | 8.22% | 10.83% | 5.56% | 8.3% | 1.52% | 4.05% | -1.8% | 3.54% | -6.94% | -5.15% | -16.29% | 2.26% | -27.86% | -9.98% | -38.18% | -13.17% | -31.61% | -19.28% | -39.4% | -0.04% |
| Operating Income Growth % | 585.7% | 231.72% | 491.48% | 186.96% | 126.76% | 194.46% | 86.03% | 69.22% | 71.12% | 46.55% | 54.69% | 118.92% | 7.35% | 41.16% | -14.04% | -38244.05% | -33.27% | -45.76% | -106.86% | -100.19% |
| EBITDA | 23.08M | 54.43M | 24.84M | 35.82M | 10.43M | 17.45M | 1.13M | 16.1M | -11.11M | -6.92M | -28.34M | 11.02M | -52.13M | -16.61M | -66.93M | -24.41M | -53.64M | -30.91M | -56.94M | 7.84M |
| EBITDA Margin % | 6.19% | 15.16% | 7.47% | 10.04% | 3.55% | 6.03% | 0.43% | 5.52% | -4.61% | -2.87% | -13.66% | 4.08% | -25.13% | -7.14% | -34.27% | -9.98% | -27.17% | -15.11% | -34.32% | 3.42% |
| EBITDA Growth % | 121.2% | 211.9% | 2108% | 122.49% | 193.95% | 352.25% | 103.97% | 46.05% | 78.7% | 58.35% | 57.66% | 145.15% | 2.8% | 46.27% | -17.54% | -411.28% | -38.35% | -85.81% | -170.29% | -85.67% |
| D&A (Non-Cash Add-back) | 0 | 15.54M | 6.36M | 6.22M | 5.96M | 5.73M | 5.84M | 5.78M | 5.59M | 5.49M | 5.44M | 4.93M | 5.68M | 6.61M | 7.62M | 7.79M | 8.77M | 8.54M | 8.43M | 7.93M |
| EBIT | 23.08M | 77.89M | 27.81M | 44.28M | 52.34M | -38.84M | 4.83M | 20.56M | -12.41M | 8.66M | -36.91M | 17.44M | -54.55M | -6.53M | -83.74M | -31.61M | -68.34M | -46.8M | -63.52M | -1.06M |
| Net Interest Income | 7.98M | 9.15M | 11.34M | 10.21M | 10.13M | 11.54M | 11.54M | 10.07M | 9.14M | 8.6M | 8.93M | 6.05M | 4.94M | 3.71M | 2.96M | -1.03M | -3.88M | -4.13M | -4.12M | -3.71M |
| Interest Income | 11.29M | 12.49M | 14.65M | 13.5M | 13.79M | 15.72M | 13.61M | 11.75M | 10.82M | 10.29M | 10.61M | 7.73M | 6.63M | 5.39M | 4.64M | 3.9M | 1M | 699K | 674K | 1.03M |
| Interest Expense | 3.32M | 3.33M | 3.31M | 3.3M | 3.67M | 4.18M | 2.06M | 1.68M | 1.69M | 1.69M | 1.68M | 1.68M | 1.68M | 1.68M | 1.67M | 4.93M | 4.88M | 4.83M | 4.79M | 4.74M |
| Other Income/Expense | -10.88M | 35.66M | 6.02M | 11.39M | 44.2M | -54.75M | 7.49M | 8.57M | 2.6M | 19.37M | -4.81M | 9.66M | 1.59M | 15.01M | -10.86M | -4.33M | -10.82M | -12.18M | -2.94M | -5.72M |
| Pretax Income | 19.76M | 74.55M | 24.5M | 40.98M | 48.67M | -43.03M | 2.77M | 18.88M | -14.09M | 6.96M | -38.59M | 15.76M | -56.23M | -8.21M | -85.41M | -36.54M | -73.22M | -51.64M | -68.31M | -5.81M |
| Pretax Margin % | 5.3% | 20.76% | 7.37% | 11.49% | 16.58% | -14.86% | 1.05% | 6.48% | -5.86% | 2.89% | -18.61% | 5.84% | -27.1% | -3.53% | -43.74% | -14.94% | -37.08% | -25.23% | -41.17% | -2.53% |
| Income Tax | 3.29M | 14.44M | -6.81M | -10.97M | 2.68M | -5.75M | -6.37M | 2.13M | -8.62M | -2.72M | -11.52M | 3.54M | -10.66M | 979K | -16.09M | -5.51M | -15.78M | -10.96M | -17.04M | -4.78M |
| Effective Tax Rate % | 16.64% | 19.37% | -27.78% | -26.76% | 5.5% | 13.36% | -230.05% | 11.25% | 61.13% | -39.1% | 29.86% | 22.45% | 18.96% | -11.92% | 18.84% | 15.09% | 21.55% | 21.22% | 24.94% | 82.23% |
| Net Income | 16.47M | 60.11M | 31.31M | 51.95M | 45.99M | -37.28M | 9.14M | 16.76M | -5.48M | 9.69M | -27.07M | 12.22M | -45.57M | -9.19M | -69.32M | -31.03M | -57.44M | -40.68M | -51.28M | -1.03M |
| Net Margin % | 4.42% | 16.74% | 9.41% | 14.57% | 15.67% | -12.88% | 3.48% | 5.75% | -2.28% | 4.02% | -13.05% | 4.53% | -21.96% | -3.95% | -35.5% | -12.69% | -29.09% | -19.88% | -30.9% | -0.45% |
| Net Income Growth % | -64.19% | 261.25% | 242.58% | 209.99% | 939.56% | -484.81% | 133.76% | 37.14% | 87.98% | 205.42% | 60.95% | 139.38% | 20.67% | 77.41% | -35.19% | -2906.78% | -56.81% | -370.19% | -153.97% | -102.66% |
| Net Income (Continuing) | 16.47M | 60.11M | 31.31M | 51.95M | 45.99M | -37.28M | 9.14M | 16.76M | -5.48M | 9.69M | -27.07M | 12.22M | -45.57M | -9.19M | -69.32M | -31.03M | -57.44M | -40.68M | -51.28M | -1.03M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.20 | 0.70 | 0.36 | 0.60 | 0.54 | -0.45 | 0.11 | 0.20 | -0.07 | 0.12 | -0.33 | 0.15 | -0.56 | -0.11 | -0.83 | -0.37 | -0.69 | -0.49 | -0.62 | -0.01 |
| EPS Growth % | -62.96% | 255.56% | 227.27% | 200% | 871.43% | -475% | 133.33% | 33.33% | 87.5% | 209.09% | 60.24% | 140.54% | 18.84% | 77.55% | -33.87% | -2883.87% | -56.82% | -390% | -158.33% | -102.7% |
| EPS (Basic) | 0.19 | 0.71 | 0.37 | 0.62 | 0.55 | -0.45 | 0.11 | 0.20 | -0.07 | 0.12 | -0.33 | 0.15 | -0.56 | -0.11 | -0.83 | -0.37 | -0.69 | -0.49 | -0.62 | -0.01 |
| Diluted Shares Outstanding | 85.95M | 86.34M | 86.45M | 86.27M | 85.88M | 83.71M | 85.96M | 82.29M | 82.5M | 83.31M | 81.69M | 82.14M | 81.83M | 82.05M | 83.32M | 83.96M | 83.69M | 83.41M | 83.23M | 83.23M |
| Basic Shares Outstanding | 84.63M | 84.82M | 84.78M | 84.37M | 84.05M | 82.84M | 83.28M | 82.29M | 82.5M | 82.13M | 81.69M | 81.49M | 81.83M | 82.05M | 83.32M | 83.96M | 83.25M | 83.41M | 82.7M | 83.23M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |