Guidewire Software Inc (GWRE)
Gross profit margin
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 583,361 | 458,211 | 377,176 | 389,560 | 404,292 |
| Revenue | US$ in thousands | 982,300 | 899,523 | 794,619 | 726,143 | 725,792 |
| Gross profit margin | 59.39% | 50.94% | 47.47% | 53.65% | 55.70% |
July 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $583,361K ÷ $982,300K
= 59.39%
Guidewire Software Inc's gross profit margin has shown fluctuations over the past five years. In July 2020, the gross profit margin stood at 55.70%, reflecting a healthy margin indicating efficient cost management and effective pricing strategies. However, by July 2022, the gross profit margin decreased to 47.47%, indicating a decline in profitability potentially due to factors such as increased production costs or pricing pressure.
Subsequently, by July 2024, the gross profit margin significantly improved to 59.39%, signaling a positive shift in the company's profitability, potentially driven by improved operational efficiencies or pricing strategies.
Overall, while there have been fluctuations in Guidewire Software Inc's gross profit margin over the years, the company has demonstrated an ability to adapt and improve its profitability metrics, highlighting its responsiveness to market dynamics and operational effectiveness.
Peer comparison
Jul 31, 2024