Guidewire Software, Inc. Segments Disclosure
| Fiscal years ended July 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
Total revenue | $ | 1,202,459 | $ | 980,497 | $ | 905,341 | |||||||||||
Adjusted cost of revenue (1) | 413,303 | 362,572 | 409,977 | ||||||||||||||
Stock-based compensation expense | 34,848 | 32,624 | 33,793 | ||||||||||||||
Amortization of intangible assets | 2,255 | 1,940 | 3,360 | ||||||||||||||
Total cost of revenue | 450,406 | 397,136 | 447,130 | ||||||||||||||
Gross profit | 752,053 | 583,361 | 458,211 | ||||||||||||||
Gross profit margin | 63 | % | 59 | % | 51 | % | |||||||||||
| Segment operating expenses | 580,911 | 518,427 | 483,683 | ||||||||||||||
Stock-based compensation expense | 126,708 | 113,836 | 109,049 | ||||||||||||||
Amortization of intangible assets | 3,189 | 3,528 | 3,528 | ||||||||||||||
Acquisition holdback expense | 177 | 143 | 2,939 | ||||||||||||||
Net impact of assignment of lease agreement | — | — | 8,502 | ||||||||||||||
Total operating expenses | 710,985 | 635,934 | 607,701 | ||||||||||||||
Income (loss) from operations | 41,068 | (52,573) | (149,490) | ||||||||||||||
Income (loss) from operations margin | 3 | % | (5) | % | (17) | % | |||||||||||
| Interest income (expense) and other income (expense) | 64,109 | 27,621 | 17,901 | ||||||||||||||
Changes in fair value of strategic investment | (2,130) | (1,957) | (802) | ||||||||||||||
Gain on sale of strategic investment | 3,671 | 1,803 | — | ||||||||||||||
Amortization of debt issuance cost | (3,758) | (1,732) | (1,703) | ||||||||||||||
Retirement of debt | (53,565) | — | — | ||||||||||||||
Income (loss) before provision for (benefit from) income taxes | 49,395 | (26,838) | (134,094) | ||||||||||||||
Provision for (benefit from) income taxes | (20,409) | (20,735) | (22,239) | ||||||||||||||
Net income (loss) | $ | 69,804 | $ | (6,103) | $ | (111,855) | |||||||||||
| July 31, 2025 | July 31, 2024 | ||||||||||
| Americas | $ | 64,255 | $ | 69,004 | |||||||
| EMEA | 25,736 | 26,192 | |||||||||
| APAC | 9,754 | 3,963 | |||||||||
Total | $ | 99,745 | $ | 99,159 | |||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Sep 11, 2025 | Showing above |
| 2024 | Sep 16, 2024 | |
| 2023 | Sep 18, 2023 | |
| 2022 | Sep 26, 2022 | |
| 2021 | Sep 24, 2021 | |
| 2020 | Sep 28, 2020 | |
| 2019 | Sep 30, 2019 | |
| 2018 | Sep 19, 2018 | |
| 2017 | Sep 20, 2017 | |
| 2016 | Sep 15, 2016 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.