Guidewire Software Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $652.8M | $509.5M | $424.4M | $380.5M | $350.2M | $300.6M | $232.1M | $172.5M |
| Cost of Revenue | $296.8M | $191.6M | $151.8M | $147.2M | $148.9M | $125.7M | $90.0M | $68.3M |
| Gross Profit | $356.1M | $318.0M | $272.6M | $233.4M | $201.3M | $175.0M | $142.1M | $104.1M |
| Gross Margin | 54.5% | 62.4% | 64.2% | 61.3% | 57.5% | 58.2% | 61.2% | 60.4% |
| Operating Expenses | ||||||||
| Research & Development | $171.7M | $130.3M | $112.5M | $93.4M | $76.2M | $63.0M | $49.1M | $34.8M |
| SG&A Expense | $75.9M | $56.6M | $50.9M | $41.4M | $35.4M | $31.3M | $27.3M | $23.5M |
| Operating Income | $-15.6M | $21.9M | $16.4M | $16.5M | $18.4M | $29.7M | $28.9M | $6.9M |
| Operating Margin | -2.4% | 4.3% | 3.9% | 4.3% | 5.3% | 9.9% | 12.5% | 4.0% |
| Interest Expense | $6.4M | $13.0K | $0 | — | — | — | — | — |
| Pretax Income | $-8.3M | $28.5M | $20.8M | $16.7M | $19.9M | $30.1M | $28.5M | $8.3M |
| Income Tax Expense | $18.5M | $10.5M | $5.8M | $6.9M | $5.2M | $5.5M | $9.9M | $-27.3M |
| Net Income | $-26.7M | $18.1M | $15.0M | $9.9M | $14.7M | $24.7M | $18.7M | $35.6M |
| Net Margin | -4.1% | 3.5% | 3.5% | 2.6% | 4.2% | 8.2% | 8.0% | 20.6% |
| EPS (Basic) | $-0.34 | $0.24 | $0.21 | $0.14 | $0.22 | $0.44 | $0.36 | $0.42 |
| EPS (Diluted) | $-0.34 | $0.24 | $0.20 | $0.14 | $0.21 | $0.40 | $0.32 | $0.38 |
| Shares Outstanding (Basic) | 77.7M | 74.0M | 72.0M | 70.1M | 65.7M | 56.3M | 34.8M | 28.1M |
| Shares Outstanding (Diluted) | 77.7M | 75.3M | 73.8M | 72.3M | 69.1M | 61.6M | 41.8M | 35.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |