<SEC-DOCUMENT>0000000000-24-001229.txt : 20240315
<SEC-HEADER>0000000000-24-001229.hdr.sgml : 20240315
<ACCEPTANCE-DATETIME>20240131163608
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-24-001229
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20240131

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Guidewire Software, Inc.
		CENTRAL INDEX KEY:			0001528396
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				364468504
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		UPLOAD
		SEC FILE NUMBER:	001-35394

	BUSINESS ADDRESS:	
		STREET 1:		970 PARK PL, SUITE 200
		CITY:			SAN MATEO
		STATE:			CA
		ZIP:			94403
		BUSINESS PHONE:		650-357-9100

	MAIL ADDRESS:	
		STREET 1:		970 PARK PL, SUITE 200
		CITY:			SAN MATEO
		STATE:			CA
		ZIP:			94403
PUBLIC REFERENCE ACCESSION NUMBER:		0001528396-23-000089
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.pdf
<TEXT>
<PDF>
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<TEXT>
United States securities and exchange commission logo





                              January 31, 2024

       Jeff Cooper
       Chief Financial Officer
       Guidewire Software, Inc.
       970 Park Pl., Suite 200
       San Mateo, CA 94403

                                                        Re: Guidewire Software,
Inc.
                                                            Form 10-K for the
Fiscal Year Ended July 31, 2023
                                                            Filed September 18,
2023
                                                            File No. 001-35394

       Dear Jeff Cooper:

              We have limited our review of your filing to the financial
statements and related
       disclosures and have the following comment.

              Please respond to this letter within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe a
       comment applies to your facts and circumstances, please tell us why in
your response.

                                                        After reviewing your
response to this letter, we may have additional comments.

       Form 10-K for the Fiscal Year Ended July 31, 2023

       Key Business Metrics
       Annual Recurring Revenue

   1.                                                   You disclose that
annual recurring revenue ("ARR"), defined as "the annualized recurring
                                                        value outlined in
active contracts at the end of a reporting period," is a key metric used to
                                                        evaluate and manage
your business. We also note that ARR includes term-based licenses,
                                                        for which revenue is
recognized at a point-in-time. Please expand your disclosure to
                                                        address the following
and advise us.
                                                            Clarify how the
up-front revenue from term-based licenses is factored into your ARR
                                                            calculation.
Address whether you annualize revenue recognized or invoiced amounts.
                                                            Clarify whether ARR
reflects any actual or anticipated reductions of revenue due to
                                                            contract
non-renewals or cancellations, and discuss any limitations present as a result.
                                                            Disclose the
renewal rates for term-based arrangements and subscription
                                                            arrangements for
each period presented to support your assumptions.
                                                            Describe how
migrations from term-based arrangements to subscription arrangements
 Jeff Cooper
Guidewire Software, Inc.
January 31, 2024
Page 2
              impact your ARR calculation.
                Describe how ARR differs from GAAP revenue and specifically
address the timing
              of revenue recognition related to the license performance
obligation.
                Provide us with your proposed disclosure responsive to the
concerns noted above.
              Refer to SEC Release 33-10751.

       In closing, we remind you that the company and its management are
responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review,
comments, action or
absence of action by the staff.

      Please contact Anastasia Kaluzienski at 202-551-3685 or Robert Littlepage
at 202-551-
3361 with any questions.



FirstName LastNameJeff Cooper                               Sincerely,
Comapany NameGuidewire Software, Inc.
                                                            Division of
Corporation Finance
January 31, 2024 Page 2                                     Office of
Technology
FirstName LastName
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</DOCUMENT>
</SEC-DOCUMENT>
