AI brief of an SEC Form 8-K · Guidewire Software (GWRE)

Guidewire FY2024 revenue rises 8% to $980.5 million; GAAP net loss narrows to $6.1 million

Positive Impact 3 of 5 earnings Written later

Guidewire reported unaudited results for the fourth quarter and fiscal year ended July 31, 2024. Fiscal 2024 total revenue rose 8% to $980.5 million, and the GAAP net loss narrowed to $6.1 million from $111.9 million, while fourth-quarter GAAP net income was $16.8 million, up from $12.2 million, though non-GAAP net income for the quarter fell to $54.0 million from $62.8 million.

Key points

  • Fiscal 2024 total revenue was $980.5 million, up 8%; GAAP net loss was $6.1 million, compared with $111.9 million in fiscal 2023.
  • Fourth-quarter revenue was $291.5 million, up 8%; GAAP net income was $16.8 million, or $0.20 per diluted share, compared with $12.2 million, or $0.15.
  • Fourth-quarter non-GAAP net income was $54.0 million, compared with $62.8 million a year earlier.
  • Guidance for fiscal 2025 calls for total revenue of $1,135 million to $1,149 million and ARR of $995 million to $1,005 million.

The filing

CompanyGuidewire Software (GWRE)
Form8-K, current report
Filed with the SECSep 5, 2024, 4:16 PM ET
Accession number0001528396-24-000088

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 05, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.