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Guidewire Software GWRE Perpetual License — Total Revenue

Discontinued — last reported Q4 '25

Other product segments

Subscription
$232.13M+39.4%
Services
$71.81M+31.9%
Support
$12.61M-17.9%

Similar metrics at other companies

Bentley Systems, Incorporated logo
BSYPerpetual licenses — Total revenues
$9.06M-16.1%
SS&C Technologies logo
SSNCPerpetual Licenses — Revenue
$3.5M-49.3%
PTC logo
PTCPerpetual License — Revenue
$6.94M+19.0%
Bentley Systems, Incorporated logo
BSYLicenses — Total revenues
$230.31M+14.6%
Dynatrace logo
DTLicense — Revenue
$0-100%
Tyler Technologies logo
TYLSoftware licenses and royalties — Total revenues
$5.1M-17.6%

Other financials

Income statement

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Revenue$372.5M+26.9%
Gross profit$236.6M+29.5%
Operating income$30.6M+586%
Net income$16.5M-64.2%
EPS (diluted)$0.19-64.8%

Balance sheet

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Cash & equivalents$294.6M-42.4%
Total debt$27.0M-18.1%
Total equity$1.3B-3.3%
Total assets$2.5B+1.9%

Cash flow

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Operating cash flow$61.2M+89.1%
CapEx$1.8M+152%
Free cash flow$59.4M+87.7%

Valuation

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Market cap$8.98B-30.1%
Enterprise value$8.71B-29.7%
P/E56.2×
P/S6.3×-5.0×

Profitability

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Gross margin64%+1.9pp
Operating margin8.2%
Net margin11.2%
FCF margin23.7%+2.1pp

Returns & leverage

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Return on equity11.9%
Debt / equity0.0×
Current ratio2.4×-0.8×

Where this comes from

Reported directly by Guidewire Software in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Guidewire Software’s 10-K, filed September 11, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Guidewire Software's perpetual license — total revenue?
Guidewire Software (GWRE) reported perpetual license — total revenue of $0 in Q2 2025.
How has Guidewire Software's perpetual license — total revenue changed year-over-year?
Guidewire Software's perpetual license — total revenue decreased by 100.0% year-over-year, from $26K to $0.
What is the long-term trend for Guidewire Software's perpetual license — total revenue?
Over 4 years (2021 to 2025), Guidewire Software's perpetual license — total revenue has grown at a -29.7% compound annual growth rate (CAGR), from $483K to $118K.
What does perpetual license — total revenue mean?
Total revenue earned from selling permanent, non-subscription software licenses.
How do you interpret perpetual license — total revenue?
An increase suggests a temporary surge in legacy license sales, while a decrease is expected as the company transitions its customer base toward recurring cloud subscription models.
How does perpetual license — total revenue compare across companies?
Peers in the enterprise software sector typically report this as legacy license revenue, which is generally expected to decline as companies transition to SaaS-based revenue models.