FinEdge Labs
G

GWRE

GWREUnverified
6 segments tracked|7 years of data|Annual (10-K)
Total Revenue
$1.5B18.2%
FY2025
Operating Segments
6
Active segments
Blended Margin
0.0%
Operating margin
Highest Margin
0.0%
Subscription
Segment Shift

Subscription has grown from 10.3% to 45.9% of total revenue since FY2019, with 0.0% operating margins.

Segment Revenue Over Time

Revenue Mix

Segment Breakdown — FY2025

SegmentRevenueOp. IncomeMargin% of TotalYoY
Subscription$667M$00.0%45.9%+39.8%
License$252M$00.0%17.3%+0.7%
Term License$252M$00.0%17.3%+1.2%
Services$219M$00.0%15.1%+21.0%
Support$64M$00.0%4.4%-10.8%
Perpetual License$118,000$00.0%0.0%-91.1%

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