Guidewire Software Inc (GWRE)
Net profit margin
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -6,103 | -111,855 | -180,431 | -66,507 | -27,198 |
| Revenue | US$ in thousands | 982,300 | 899,523 | 794,619 | 726,143 | 725,792 |
| Net profit margin | -0.62% | -12.43% | -22.71% | -9.16% | -3.75% |
July 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-6,103K ÷ $982,300K
= -0.62%
Guidewire Software Inc's net profit margin has fluctuated over the past five years. As of July 31, 2020, the net profit margin was -3.75%, indicating that the company had a small loss relative to its total revenues. This negative trend continued in the subsequent years, with the net profit margins deteriorating to -9.16% in July 31, 2021, -22.71% in July 31, 2022, and -12.43% in July 31, 2023.
However, there was a significant improvement in the net profit margin as of July 31, 2024, where it stood at -0.62%. This suggests that the company managed to reduce its losses and move closer to a breakeven point compared to the previous years.
Overall, the negative net profit margins indicate that Guidewire Software Inc has been facing challenges in generating profits relative to its total revenues in recent years. The improvement in the net profit margin in 2024 is a positive sign, but further analysis of the company's financial performance and strategies would be needed to understand the factors driving these changes.
Peer comparison
Jul 31, 2024