earnings
confidence high
sentiment neutral
materiality 0.70
Guidewire FY2021 revenue $743M (+<1%); ARR $582M (+13%); GAAP net loss $66.5M; record 17 cloud deals in Q4
Guidewire Software, Inc.
2021-FY EPS reported
-$0.79
revenue$743,267,000
- FY2021 total revenue $743.3M (+<1% YoY); subscription revenue up 24%, license down 8%, services down 10%.
- FY2021 GAAP net loss $66.5M ($0.79 diluted EPS) vs $27.2M loss in FY2020; non-GAAP net income $41.3M ($0.49 EPS) vs $105.8M.
- ARR $582M, up 13%; record 17 core cloud deals in Q4 including 16 for InsuranceSuite.
- FY2022 guidance: ARR $657-667M; total revenue $780-790M; GAAP op loss $(180)-(170)M; non-GAAP op loss $(38)-(28)M.