Have you evaluated the performance of Guidewire Software's (GWRE) international operations for the quarter ending July 2025? Given the extensive global presence of this provider of software to the insurance industry, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and grow ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________ FORM 10-K ________________________________________ (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number: 001-35394 ____________________________ ...

Question-and-Answer SessionFantastic. I guess, for those in the audience that are maybe a little bit less familiar with Guidewire's role in the P&C insurance ecosystem, maybe just give a quick refresher on what Guidewire does and the customers that you serve.Mike RosenbaumCEO & Director Okay. Sure thing. So we provide what's called core systems to the P&C insurance industry. And the core systems, you want to think about as sort of the ERP system, the heart and lungs of an insurance company. We manage everyt ...

Group 1 - Guidewire provides core systems to the Property and Casualty (P&C) insurance industry, functioning as the ERP system for insurance companies [2] - The core systems manage policy administration, claims, and billing, representing complex implementations designed for long-term operation [2] - Guidewire has been established for about 25 years and has secured a significant market share within the P&C industry [3]

Summary of Guidewire Software Conference Call Company Overview - **Company**: Guidewire Software (NYSE: GWRE) - **Industry**: Property and Casualty (P&C) Insurance - **Role**: Provides core systems (ERP-like) for the P&C insurance industry, managing policy administration, claims, and billing [5][12][19] Key Points and Arguments Transition to Cloud - Guidewire transitioned from an on-premises software model to a cloud service model starting around 2018, driven by customer feedback and competitive pressure [7][19] - The company has successfully validated its ability to run applications as a service, improving gross margins significantly [8][20] - Currently, over 20% of direct written premium (DWP) is processed on Guidewire's platform, with aspirations to increase market penetration beyond 50% [9][12][13] Market Penetration Strategy - Focus on large, mature P&C insurance markets (e.g., Japan, Germany, USA) to increase market share [13] - Emphasis on minimizing implementation risks and establishing a track record of success to gain trust from tier-one insurers [15][16] Recent Performance - The company reported an annual recurring revenue (ARR) growth rate approaching 20%, with fully ramped ARR exceeding 20% [20][21] - Referenceability from existing customers is a key driver of new business, with 100% of customers expressing satisfaction with their decision to partner with Guidewire [21][22] AI and Automation - The insurance industry is complex and has historically resisted traditional automation; however, large language models (LLMs) present new opportunities for efficiency [24][25] - Guidewire aims to create a "LLM-friendly" environment to enhance decision-making processes in underwriting and claims management [28][29] Customer Lifecycle and Expansion - Guidewire's customer lifecycle typically involves migrating existing on-premises customers to the cloud while expanding their use of multiple Guidewire products [30][32] - Increased willingness from customers to adopt the full InsuranceSuite reflects improved confidence in Guidewire's capabilities [34] Growth Constraints and Opportunities - Growth is limited by the concentrated nature of the insurance industry and the bandwidth of insurance companies to execute projects [37] - Guidewire is exploring new product opportunities, such as pricing platforms and underwriting efficiencies, to drive growth beyond core implementations [38][45] Strategic Partnerships - The recent deal with Liberty Mutual is highlighted as a significant long-term partnership that will define best-in-class operations for the next decade [49][50] - Referenceability and a balance between configuration and customization are critical factors in winning competitive bids [52][53] Financial Performance and Margins - Guidewire has seen significant improvements in gross margins due to operational efficiencies and a strong engineering organization [60][61] - The company is committed to maintaining focus on core system opportunities while exploring new product innovations [42][43] Future Outlook - In the next 6 to 12 months, the focus will be on executing effectively on new product innovations and maintaining operational excellence [63] - The long-term vision includes positioning Guidewire as both a core systems leader and an innovation partner in data and analytics [64] Additional Important Insights - The transition to cloud is progressing well, with a clear communication strategy for on-premises customers regarding migration timelines [56] - The company is committed to ensuring no customer is left behind during the transition to cloud services [57]

Core Insights - LähiTapiola has chosen to migrate its Guidewire InsuranceSuite from an on-premises environment to the Guidewire Cloud Platform to enhance continuous insurance innovation and increase business agility [1] Company Overview - LähiTapiola is a Finnish finance group providing insurance services, serving approximately 1.8 million owner-customers and employing around 3,800 staff [1]

Guidewire Software, Inc. GWRE reported fourth-quarter results above analyst estimates on Thursday.Guidewire Software reported quarterly earnings of $84 cents per share which beat the analyst consensus estimate of 64 cents per share. The company reported quarterly sales of $356.570 million which beat the analyst consensus estimate of $337.858 million.Guidewire Software said it sees FY2026 sales of $1.385B-$1.405B, versus estimates of $1.184 billion.“We were thrilled to close the year with an outstanding four ...

Key Takeaways Guidewire's Q4 EPS rose 35.5% YoY to $0.84, beating estimates on 22% revenue growth.Cloud momentum included 19 wins, with a landmark 10-year Liberty Mutual deal.ARR hit $1.03B, with fiscal 2026 ARR estimated up to $1.22B.Guidewire Software, Inc (GWRE) reported non-GAAP earnings per share of 84 cents in fourth-quarter fiscal 2025 (ended July 31, 2025), up 35.5% year over year and beat the Zacks Consensus Estimate of 62 cents. The company reported revenues of $356.6 million, up 22% year over yea ...

Group 1 - Guidewire Software reported revenue of $356.57 million for the quarter ended July 2025, a year-over-year increase of 22.3% and a surprise of +5.76% over the Zacks Consensus Estimate of $337.15 million [1] - The company achieved an EPS of $0.84, compared to $0.62 a year ago, resulting in an EPS surprise of +35.48% [1] - Annual recurring revenue reached $1.03 billion, slightly above the four-analyst average estimate of $1.02 billion [4] Group 2 - Subscription and support revenue was $201.89 million, exceeding the estimated $194.68 million, representing a year-over-year increase of +33% [4] - License revenue was reported at $93.64 million, surpassing the average estimate of $86.17 million, with a year-over-year change of +5.4% [4] - Services revenue was $61.04 million, above the estimated $56.81 million, reflecting a year-over-year increase of +20.1% [4] Group 3 - Gross profit from subscription and support was $137.32 million, compared to the average estimate of $131.32 million [4] - Gross profit from services was $1.76 million, below the estimated $4.72 million [4] - Gross profit from license was $92.73 million, exceeding the average estimate of $84.37 million [4] Group 4 - Over the past month, Guidewire Software's shares returned -2.8%, while the Zacks S&P 500 composite increased by +3.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Financial Data and Key Metrics Changes - Annual Recurring Revenue (ARR) grew 19% year-over-year, reaching $1.032 billion, with fully ramped ARR increasing 22% on a constant currency basis [7][19] - Total revenue for the year was $1.2 billion, exceeding expectations, with subscription revenue at $667 million, up 40% year-over-year [20][22] - Operating income was $208 million, up 109% year-over-year, with cash flow from operations at $301 million [23][26] Business Line Data and Key Metrics Changes - The company signed 19 core cloud deals in Q4, totaling 57 for the year, indicating healthy annual growth in deal count [12] - Subscription and support gross margins finished the year at 70%, reflecting improved cloud margins [8][22] - Services revenue grew 21% year-over-year, reaching $219 million, supported by strong partnerships with the SI community [22][16] Market Data and Key Metrics Changes - North America showed exceptional win rates, while Europe closed 11 deals for the year, indicating strong geographic performance [14][15] - Latin America experienced a sharp increase in market momentum, closing three deals in Q4 [14] - The Asia-Pacific region saw success in Australia and New Zealand, positioning the company well for long-term growth [15] Company Strategy and Development Direction - The company is focused on expanding its cloud platform and enhancing data-driven analytics and AI applications to modernize the P&C insurance industry [9][10] - The acquisition of Quanti aims to modernize pricing operations and product management across the industry [9] - The company is optimistic about leveraging generative AI to improve operational efficiencies and customer outcomes [10][34] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand for the Guidewire Cloud Platform, with a healthy pipeline entering fiscal 2026 [8][24] - The company anticipates ARR growth of 17% for fiscal 2026, with total revenue expected between $1.385 and $1.405 billion [24][26] - Management highlighted the importance of customer success and project implementation quality in driving low ARR attrition rates [30][32] Other Important Information - The company ended the year with $1.5 billion in cash, cash equivalents, and investments, indicating strong financial health [23] - The Guidewire Marketplace has expanded to over 300 third-party applications, enhancing the platform's value proposition [60][62] Q&A Session Summary Question: What are the drivers behind the record low ARR attrition? - Management attributed the low attrition to a durable customer base, focus on project success, and proactive customer engagement [30][32] Question: How should investors think about platform expansion post-cloud transition? - Management indicated that the next phase involves focusing on data and analytics, with significant opportunities in pricing and underwriting [34][37] Question: How does premium growth impact the business model? - Management clarified that while premium growth benefits the company, the complexity of contract structures means it does not directly translate to revenue [41][43] Question: What is the competitive landscape like? - Management noted that demand for modernization remains strong, and minimizing project failure risks is key to driving growth [49][50] Question: Can you discuss the Liberty Mutual deal's significance? - Management emphasized the strategic nature of the partnership and its potential to set a precedent for future long-term commitments [56][66] Question: How is the company leveraging AI in its services? - Management confirmed that AI is a primary focus for enhancing service delivery and minimizing modernization risks [64][70]