Guidewire Software Inc 2025年季度报告

FORM10-Q (Mark one)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACTOF 1934For the quarterly period endedJanuary31, 2025OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACTOF 1934For the transition period fromto.Commission file number:001-35394______________________________________________________________ Guidewire Software, Inc. (Exact name of registrant as specified in its charter) (650)357-9100(Registrant’s telephone number, including area code)______________________________________________________________ N/A(Former name, former address and former fiscal year, if changed since last report)______________________________________________________________ Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See definition of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Tableof Contents Large accelerated filer☒Non-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the ExchangeAct).Yes☐No☒ On February28, 2025, the registrant had83,880,712shares of common stock issued and outstanding. Guidewire Software, Inc. Index Part I – Financial Information Item1.Financial Statements (unaudited):1Condensed Consolidated Balance Sheets as ofJanuary31, 2025andJuly31, 20243Condensed Consolidated Statements of Operations for theThree and SixMonths EndedJanuary31, 2025and20244Condensed Consolidated Statements of Comprehensive Income (Loss) for theThree and Six Months EndedJanuary31, 2025and20245Condensed Consolidated Statements of Changes in Stockholders’ Equity for theThree and SixMonths EndedJanuary31, 2025and20246Condensed Consolidated Statements of Cash Flows for theSixMonths EndedJanuary31, 2025and20247Notes to Condensed Consolidated Financial Statements10Item2.Management’s Discussion and Analysis of Financial Condition and Results of Operations25Item3.Quantitative and Qualitative Disclosures about Market Risk47Item4.Controls and Procedures48Part II – Other Information49Item1.Legal Proceedings49Item1A.Risk Factors49Item 5.Other Information77Item6.Exhibits78Signatures79 FORWARD-LOOKING STATEMENTS The section titled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” as well as otherparts of this Quarterly Report on Form 10-Q and certain information incorporated herein by reference contain forward-lookingstatements within the meaning of the Securities Act of 1933, as amended (the “Securities Act”), and the Securities Exchange Act of1934, as amended (the “Exchange Act”), that are subject to risks and uncertainties. The forward-looking statements may includestatements concerning, among other things, our business strategy (including anticipated trends and developments in, and managementplans for, our business, growth, and the markets in which we operate), financial results, results of operations, revenue, gross margins,operating expenses, services, products, projected costs and capital expenditures, research and development programs, sales andmarketing initiatives, competition, and the impact of general economic, business, and market conditions. In some cases, you canidentify these statements by forward-looking words, such as “will,” “may,” “might,” “should,” “could,” “estimate,” “expect,”“suggest,” “believe,” “anticipate,” “intend,” “plan,” and “continue,” the negative or plural of these words and other comparableterminology. Actual events or results may differ materially from those expressed or implied by these statements due to various factors,including but not limited to, the matters discussed in the section titled “Part II – Other Information – Item 1A. Risk Factors,” andelsewhere in this Quarterly Report on Form 10-Q. Many of the forward-looking statements are located in “M