Financial Data and Key Metrics Changes - The company achieved an Annual Recurring Revenue (ARR) of $800 million, exceeding expectations [12] - Total revenue for the quarter was $241 million, with subscription and support revenue largely in line with expectations [12] - Subscription and support gross margin improved by 8 percentage points year-over-year to 65% [5][22] - Overall gross margin increased to 63% compared to 57% a year ago [16][22] - Operating profit was $26 million, better than expected due to cloud efficiency and lower operating expenses [23] Business Line Data and Key Metrics Changes - The company closed 11 cloud deals in the quarter, including 10 InsuranceSuite cloud deals [1] - Services revenue was lower than expected, declining by approximately $12 million year-over-year due to partners taking the lead in cloud programs [7][14] - The company added three new insurers as customers, including a rapidly growing home insurance market entrant [2] Market Data and Key Metrics Changes - The company noted strong demand for its cloud platform and insurance applications, particularly in the Americas and Europe [9][74] - The partner ecosystem expanded significantly, with 24,000 consultants now certified in the Guidewire SI ecosystem, a 33% increase year-over-year [7][8] Company Strategy and Development Direction - The company is transitioning to a model where the majority of implementation revenue is delivered by its SI ecosystem, aiming for services revenue to be less than 20% of total revenue [6] - The focus is on improving cloud operations efficiency and driving cloud margins, with a target of achieving $1 billion in ARR [5][19] - The company is investing in its SI partner ecosystem to ensure capacity as the industry adopts cloud solutions [5][19] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in the business outlook, citing strong sales momentum and a robust pipeline for the second half of the year [29][30] - The company anticipates total revenue for fiscal year 2024 to be between $957 million and $967 million, with a downward adjustment in services revenue expectations [18][19] - Management emphasized that the current increase in insurance premiums is healthy for the industry and supports the company's growth [52][53] Other Important Information - The company is working to improve the efficiency of its cloud platform and has nearly 70% of its cloud customers in production [4] - Cash flow from operations for the quarter was $69 million, benefiting from better-than-expected collections [23] Q&A Session Summary Question: Visibility into the pipeline and second half outlook - Management feels confident about the business, citing strong win rates and a solid pipeline for the second half of the year [29][30] Question: SI partnerships and their performance - Management noted broad-based interest from various SIs in expanding their cloud offerings, without specifying individual partners [33][34] Question: Adoption of cloud and services revenue impact - Management acknowledged a shift towards partners leading cloud programs, which has resulted in lower services revenue but is part of a strategic transition [14][19] Question: Impact of increased insurance premiums - Management confirmed that rising premiums create a tailwind for the company, as pricing is based on direct written premiums [52] Question: Growth of the Guidewire marketplace and adoption trends - Management reported an uptick in adoption of marketplace applications, with ongoing efforts to enhance customer confidence in these solutions [44][45] Question: Long-term margin profile expectations - Management expects services margins to return to low double-digit levels as the transition progresses [68] Question: Progress in cloud deals and fiscal year expectations - Management expressed satisfaction with cloud progress and the overall sales activity, indicating a strong start to the fiscal year [92][93]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________ FORM 10-Q ______________________________________________________________ (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commiss ...

Exhibit 99.1 Guidewire Announces Second Quarter Fiscal Year 2024 Financial Results SAN MATEO, Calif., March 7, 2024 - Guidewire (NYSE: GWRE) today announced its financial results for the fiscal quarter ended January 31, 2024. "Our strong performance in the second quarter was marked by eleven cloud deals, including a healthy mix of migrations, expansions, and net-new customers," said Mike Rosenbaum, chief executive officer, Guidewire. "The enthusiasm and interest we've seen around Guidewire Cloud Platform is ...

Financial Data and Key Metrics - Gross profit for Q1 was $121 million, representing 46% year-over-year growth [56] - Overall gross margin was 58%, up from 42% a year ago [56] - Subscription and support gross margin was 65%, compared to 49% a year ago [56] - Services gross margin turned positive at 10%, up from negative 9% a year ago [77] - ARR (Annual Recurring Revenue) finished at $770 million, above the high end of the outlook [76] - Total revenue for Q1 was $207 million, exceeding expectations due to higher subscription and support revenue [76] Business Line Data and Key Metrics - Seven cloud deals were closed in Q1, including six for InsuranceSuite Cloud [71] - Four InsuranceSuite migrations were completed, including the first Japan-based insurer to commit to the full suite in the cloud [71] - HazardHub was adopted by a Florida-based property insurer, showcasing its proprietary hazard risk scoring and seamless integration with InsuranceNow [72] - Nine more go-lives were achieved in the quarter, with leading SIs like Capgemini, Cognizant, Deloitte, EY, and PwC achieving cloud migration certifications [52] Market Data and Key Metrics - The company sees significant potential in international markets, particularly in Japan, where a second customer committed to a full suite cloud implementation [129] - California's regulatory changes in risk modeling are expected to drive demand for analytics solutions like HazardHub, which could also boost cloud adoption [134][165] Company Strategy and Industry Competition - The company is focused on increasing ARR and the subscription mix of the business, expanding gross margins, and driving greater cash flow from operations [55] - Guidewire Cloud Platform is advancing steadily, with the ninth release (Ins Brook) delivering greater functionality in digital analytics, data, and pricing [50] - The company is nurturing an ecosystem of partners, including SIs and solution providers, to drive sustained activity and greater value from the platform [72] - Competitive win rates and close rates have remained stable, supporting growth projections and the ability to address the overall insurance market [19] Management Commentary on Operating Environment and Future Outlook - Management expressed confidence in the momentum of the business, citing strong Q1 results and a positive start to the year [69][70] - The company expects Q2 ARR to finish between $793 million and $798 million, with total revenue projected between $237 million and $243 million [80] - Management highlighted the importance of agility in the insurance industry, particularly as risk changes faster, and how Guidewire Cloud Platform supports this need [17] - The company is optimistic about the long-term opportunity in data and analytics, leveraging its position as a core systems provider to drive real-time analysis and decision-making [51] Other Important Information - The company announced a partnership with Swiss Re, which is expected to enhance data sharing and risk assessment capabilities [37][38] - A small services reorganization in early Q2 resulted in a one-time charge of approximately $2.5 million [60] - The company is exploring the use of generative AI to accelerate migrations and improve developer productivity [122][95] Summary of Q&A Session Question: How is the company thinking about carrier appetite for cloud modernization today versus a year ago? - Management noted growing confidence in the stability of operating conditions and the company's ability to deliver successful cloud projects, which has driven stronger deal activity [113] Question: Can you provide more detail on the $2.5 million services reorganization? - The reorganization was aimed at rightsizing the services organization as partners take on more implementation work, improving scalability and services margins [164] Question: How might California's regulatory changes impact demand for analytics and cloud adoption? - Management sees the changes as a positive development, with solutions like HazardHub expected to play a significant role in improving risk modeling and driving cloud interest [134][165] Question: What is the outlook for Q2 and the rest of the fiscal year? - The company expects Q2 ARR to be between $793 million and $798 million, with total revenue projected between $237 million and $243 million [80] - Management remains confident in the pipeline and expects continued momentum in cloud deals and migrations [86]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________ FORM 10-Q ______________________________________________________________ (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Guidewire Software, Inc. (Exact name of reg ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________ FORM 10-K ________________________________________ (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number: 001-35394 ____________________________ ...

Guidewire Software, Inc. (NYSE:GWRE) Q4 2023 Earnings Conference Call September 7, 2023 5:00 PM ET Company Participants Alex Hughes - Vice President, Investor Relations Mike Rosenbaum - Chief Executive Officer Jeff Cooper - Chief Financial Officer Conference Call Participants Dylan Becker - William Blair Kevin Kumar - Goldman Sachs Parker Lane - Stifel Matt VanVliet - BTIG Ken Wong - Oppenheimer David Unger - Wells Fargo Michael Funk - Bank of America Operator Greetings, and welcome to the Guidewire Fourth ...

Guidewire Software, Inc. (NYSE:GWRE) Q3 2023 Results Conference Call June 1, 2023 5:00 PM ET Company Participants Alex Hughes - VP, IR Mike Rosenbaum - CEO Jeff Cooper - CFO Conference Call Participants Dylan Becker - William Blair Peter Heckmann - D.A. Davidson Kevin Kumar - Goldman Sachs Ken Wong - Oppenheimer Rishi Jaluria - RBC Matt VanVliet - BTIG Joe Vruwink - Robert W. Baird Michael Turrin - Wells Fargo Parker Lane - Stifel Operator Greetings, and welcome to Guidewire's Third Quarter Fiscal 2023 Fina ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________ FORM 10-Q ______________________________________________________________ (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commissio ...

Guidewire Software, Inc. (NYSE:GWRE) Q2 2023 Earnings Conference Call March 6, 2023 5:00 PM ET Company Participants Alex Hughes - VP, IR Mike Rosenbaum - CEO Jeff Cooper - CFO Conference Call Participants Dylan Becker - William Blair Kevin Kumar - Goldman Sachs Rishi Jaluria - RBC Ken Wong - Oppenheimer Matt VanVliet - BTIG Joe Vruwink - Baird Michael Turrin - Wells Fargo Tyler Radke - Citi Operator Greetings. Welcome to Guidewire's Second Quarter Fiscal 2023 Financial Results Conference Call. At this time, ...