NYSE$GWRE
Guidewire Software Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Guidewire's Q3 2021 financial results were announced, revealing revenue and profitability above expectations, and eight cloud wins.
Guidewire Software, Inc. reported its financial results for the third quarter of fiscal year 2021. The company's ARR, total revenue, and profitability exceeded expectations, with eight cloud wins. Total revenue was $164.0 million, a decrease of 2% year-over-year. The company had $1.3 billion in cash, cash equivalents, and investments at the end of the quarter.
- Total revenue for the third quarter of fiscal year 2021 was $164.0 million, a decrease of 2% from the same quarter in fiscal year 2020.
- Subscription and support revenue was $64.8 million, an increase of 28% year-over-year.
- Annual recurring revenue (ARR) was $538 million as of April 30, 2021, compared to $514 million as of July 31, 2020.
- GAAP loss from operations was $46.8 million, compared with $25.6 million for the comparable period in fiscal year 2020.
Headline financials
Revenue & EPS history
Guidewire · Revenue · Quarterly
$164M
Revenue by segment
Guidewire · $164M total across 3 segments · Q3 2021
- Subscription and Support$64.8M-30.4%39.5%
- License$50.9M-45.3%31.1%
- Services$48.2M-11.2%29.4%
Forward guidance
Guidewire is issuing the following outlook for the fourth quarter of fiscal year 2021 based on current expectations:
Tailwinds
- ARR between $562 million and $569 million
- Total revenue between $218 million and $224 million
- Non-GAAP operating income (loss) between $20 million and $26 million
Headwinds
- Operating income (loss) between $(11) million and $(5) million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2021
+2.7%
Avg return
Earnings day
-0.7%
Avg return
5 days after
-0.2%
Avg return
30 days after
58%
36 / 62 earnings
Positive
+32.2%
Q2 2012
Best reaction
-14.6%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -9.7% | -22.7% | — | |
| Q2 2026 | +5.0% | -1.6% | -6.2% | |
| Q1 2026 | -2.2% | -8.6% | -13.0% | |
| Q4 2025 | +20.1% | +16.6% | +6.0% | |
| Q3 2025 | +16.3% | +18.0% | +5.6% | |
| Q2 2025 | -7.3% | -5.7% | -6.8% | |
| Q1 2025 | -14.3% | -17.3% | -16.8% | |
| Q4 2024 | +10.0% | +13.9% | +25.3% | |
| Q3 2024 | +16.2% | +18.5% | +26.8% | |
| Q2 2024 | +2.1% | -0.6% | +0.2% | |
| Q1 2024 | -0.2% | -0.5% | +7.1% | |
| Q4 2023 | +9.9% | +8.0% | +6.7% | |
| Q3 2023 | -14.6% | -11.8% | -8.3% | |
| Q2 2023 | +2.7% | -2.3% | +7.5% | |
| Q1 2023 | +4.5% | +9.0% | +5.1% | |
| Q4 2022 | -1.7% | +1.4% | -4.8% | |
| Q3 2022 | +1.4% | -5.4% | -5.1% | |
| Q2 2022 | +2.0% | -2.4% | +4.8% | |
| Q1 2022 | -1.5% | +2.5% | +0.5% | |
| Q4 2021 | +3.8% | +3.6% | +0.0% | |
| Q3 2021 | +4.1% | +6.5% | +16.1% | |
| Q2 2021 | -7.1% | -8.0% | -6.6% | |
| Q1 2021 | -3.6% | -1.8% | +5.6% | |
| Q4 2020 | +0.1% | -1.6% | -12.2% | |
| Q3 2020 | -1.2% | +2.1% | +5.4% | |
| Q2 2020 | -11.7% | -21.4% | -30.2% | |
| Q1 2020 | -6.6% | -10.2% | -7.0% | |
| Q4 2019 | +16.1% | +13.0% | +12.6% | |
| Q3 2019 | -1.8% | +0.2% | +5.9% | |
| Q2 2019 | +2.7% | +2.4% | +13.8% | |
| Q1 2019 | -8.6% | -8.3% | -17.1% | |
| Q4 2018 | -2.3% | -3.0% | -4.5% | |
| Q3 2018 | -2.3% | -6.8% | -4.7% | |
| Q2 2018 | +7.3% | +3.5% | -4.3% | |
| Q1 2018 | -8.7% | -13.5% | -8.9% | |
| Q4 2017 | +6.3% | +5.9% | +3.9% | |
| Q3 2017 | +4.4% | +4.4% | +3.4% | |
| Q2 2017 | +3.3% | +2.7% | +1.3% | |
| Q1 2017 | -4.6% | -10.3% | -14.4% | |
| Q4 2016 | -1.5% | -2.2% | -6.0% | |
| Q3 2016 | +5.0% | +5.8% | +4.7% | |
| Q2 2016 | +6.5% | — | — | |
| Q1 2016 | +0.7% | — | — | |
| Q4 2015 | -2.2% | — | — | |
| Q3 2015 | +10.1% | — | — | |
| Q2 2015 | -2.8% | — | — | |
| Q1 2015 | +0.5% | — | — | |
| Q4 2014 | +0.2% | — | — | |
| Q3 2014 | -1.9% | — | — | |
| Q2 2014 | +7.0% | — | — | |
| Q1 2014 | +1.6% | — | — | |
| Q4 2013 | -6.3% | — | — | |
| Q3 2013 | +3.6% | — | — | |
| Q2 2013 | +19.0% | — | — | |
| Q1 2013 | +5.3% | — | — | |
| Q4 2010 | -4.9% | — | — | |
| Q4 2012 | +13.0% | — | — | |
| Q3 2011 | -2.5% | — | — | |
| Q3 2012 | +4.5% | — | — | |
| Q4 2011 | +26.1% | — | — | |
| Q2 2011 | +26.1% | — | — | |
| Q2 2012 | +32.2% | — | — | |
| Q1 2012 | — | — | — | |
| Q1 2011 | — | — | — |
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