vs
Side-by-side financial comparison of Guidewire Software, Inc. (GWRE) and Iridium Communications Inc. (IRDM). Click either name above to swap in a different company.
Guidewire Software, Inc. is the larger business by last-quarter revenue ($332.6M vs $219.1M, roughly 1.5× Iridium Communications Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs 9.4%, a 0.4% gap on every dollar of revenue. On growth, Guidewire Software, Inc. posted the faster year-over-year revenue change (26.5% vs 1.9%). Over the past eight quarters, Guidewire Software, Inc.'s revenue compounded faster (17.5% CAGR vs 4.4%).
Guidewire Software, Inc., commonly Guidewire, is an American software company based in San Mateo, California. It offers an industry platform for property and casualty (P&C) insurance carriers in the U.S. and worldwide.
Iridium Communications Inc. is a publicly traded American company headquartered in McLean, Virginia, United States. Iridium operates the Iridium satellite constellation, a system of 80 satellites: 66 are active satellites and the remaining fourteen function as in-orbit spares. Iridium Satellites are used for worldwide voice and data communication from handheld satellite phones, satellite messenger communication devices and integrated transceivers, as well as for two-way satellite messaging se...
GWRE vs IRDM — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $332.6M | $219.1M |
| Net Profit | $31.3M | $21.6M |
| Gross Margin | 63.0% | — |
| Operating Margin | 5.6% | 23.2% |
| Net Margin | 9.4% | 9.9% |
| Revenue YoY | 26.5% | 1.9% |
| Net Profit YoY | 242.6% | — |
| EPS (diluted) | $0.36 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $219.1M | ||
| Q4 25 | $332.6M | $212.9M | ||
| Q3 25 | $356.6M | $226.9M | ||
| Q2 25 | $293.5M | $216.9M | ||
| Q1 25 | $289.5M | $214.9M | ||
| Q4 24 | $262.9M | $213.0M | ||
| Q3 24 | $291.5M | $212.8M | ||
| Q2 24 | $240.7M | $201.1M |
| Q1 26 | — | $21.6M | ||
| Q4 25 | $31.3M | $24.9M | ||
| Q3 25 | $52.0M | $37.1M | ||
| Q2 25 | $46.0M | $22.0M | ||
| Q1 25 | $-37.3M | $30.4M | ||
| Q4 24 | $9.1M | $36.3M | ||
| Q3 24 | $16.8M | $24.4M | ||
| Q2 24 | $-5.5M | $32.3M |
| Q1 26 | — | — | ||
| Q4 25 | 63.0% | — | ||
| Q3 25 | 65.0% | — | ||
| Q2 25 | 62.2% | — | ||
| Q1 25 | 61.9% | — | ||
| Q4 24 | 60.2% | — | ||
| Q3 24 | 64.0% | — | ||
| Q2 24 | 59.1% | — |
| Q1 26 | — | 23.2% | ||
| Q4 25 | 5.6% | 25.9% | ||
| Q3 25 | 8.3% | 30.9% | ||
| Q2 25 | 1.5% | 23.2% | ||
| Q1 25 | 4.0% | 28.1% | ||
| Q4 24 | -1.8% | 24.5% | ||
| Q3 24 | 3.5% | 25.8% | ||
| Q2 24 | -6.9% | 21.7% |
| Q1 26 | — | 9.9% | ||
| Q4 25 | 9.4% | 11.7% | ||
| Q3 25 | 14.6% | 16.4% | ||
| Q2 25 | 15.7% | 10.1% | ||
| Q1 25 | -12.9% | 14.2% | ||
| Q4 24 | 3.5% | 17.1% | ||
| Q3 24 | 5.7% | 11.5% | ||
| Q2 24 | -2.3% | 16.1% |
| Q1 26 | — | — | ||
| Q4 25 | $0.36 | $0.24 | ||
| Q3 25 | $0.61 | $0.35 | ||
| Q2 25 | $0.54 | $0.20 | ||
| Q1 25 | $-0.45 | $0.27 | ||
| Q4 24 | $0.11 | $0.30 | ||
| Q3 24 | $0.21 | $0.21 | ||
| Q2 24 | $-0.07 | $0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.0B | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | — |
| Total Assets | $2.6B | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $96.5M | ||
| Q3 25 | $1.1B | $88.5M | ||
| Q2 25 | $920.4M | $79.3M | ||
| Q1 25 | $1.2B | $50.9M | ||
| Q4 24 | $1.3B | $93.5M | ||
| Q3 24 | $1.0B | $159.6M | ||
| Q2 24 | $782.3M | $63.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $398.9M | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $462.6M | ||
| Q3 25 | $1.5B | $450.5M | ||
| Q2 25 | $1.4B | $473.6M | ||
| Q1 25 | $1.3B | $518.4M | ||
| Q4 24 | $1.3B | $576.6M | ||
| Q3 24 | $1.3B | $663.8M | ||
| Q2 24 | $1.3B | $786.7M |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $2.5B | ||
| Q3 25 | $2.7B | $2.6B | ||
| Q2 25 | $2.5B | $2.6B | ||
| Q1 25 | $2.5B | $2.6B | ||
| Q4 24 | $2.6B | $2.7B | ||
| Q3 24 | $2.2B | $2.8B | ||
| Q2 24 | $2.0B | $2.7B |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.80× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.05× | ||
| Q3 24 | 0.30× | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-67.4M | — |
| Free Cash FlowOCF − Capex | $-72.3M | — |
| FCF MarginFCF / Revenue | -21.7% | — |
| Capex IntensityCapex / Revenue | 1.5% | 13.7% |
| Cash ConversionOCF / Net Profit | -2.15× | — |
| TTM Free Cash FlowTrailing 4 quarters | $286.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-67.4M | $108.6M | ||
| Q3 25 | $244.8M | $100.8M | ||
| Q2 25 | $32.4M | $129.6M | ||
| Q1 25 | $86.0M | $61.1M | ||
| Q4 24 | $-62.3M | $104.8M | ||
| Q3 24 | $193.8M | $118.6M | ||
| Q2 24 | $4.8M | $81.1M |
| Q1 26 | — | — | ||
| Q4 25 | $-72.3M | $75.1M | ||
| Q3 25 | $241.4M | $79.2M | ||
| Q2 25 | $31.6M | $108.9M | ||
| Q1 25 | $85.2M | $36.5M | ||
| Q4 24 | $-63.1M | $80.5M | ||
| Q3 24 | $192.1M | $100.0M | ||
| Q2 24 | $4.1M | $68.7M |
| Q1 26 | — | — | ||
| Q4 25 | -21.7% | 35.3% | ||
| Q3 25 | 67.7% | 34.9% | ||
| Q2 25 | 10.8% | 50.2% | ||
| Q1 25 | 29.4% | 17.0% | ||
| Q4 24 | -24.0% | 37.8% | ||
| Q3 24 | 65.9% | 47.0% | ||
| Q2 24 | 1.7% | 34.2% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | 1.5% | 15.7% | ||
| Q3 25 | 1.0% | 9.5% | ||
| Q2 25 | 0.2% | 9.5% | ||
| Q1 25 | 0.3% | 11.4% | ||
| Q4 24 | 0.3% | 11.4% | ||
| Q3 24 | 0.6% | 8.7% | ||
| Q2 24 | 0.3% | 6.2% |
| Q1 26 | — | — | ||
| Q4 25 | -2.15× | 4.37× | ||
| Q3 25 | 4.71× | 2.71× | ||
| Q2 25 | 0.70× | 5.90× | ||
| Q1 25 | — | 2.01× | ||
| Q4 24 | -6.82× | 2.88× | ||
| Q3 24 | 11.56× | 4.85× | ||
| Q2 24 | — | 2.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GWRE
| Subscription | $222.7M | 67% |
| Services | $62.4M | 19% |
| Other | $33.1M | 10% |
| Support | $14.5M | 4% |
IRDM
| Voice and data | $57.4M | 26% |
| IoT data (2) | $46.0M | 21% |
| Government | $39.5M | 18% |
| Government service revenue (5) | $27.6M | 13% |
| Subscriber equipment | $20.2M | 9% |
| Hosted payload and other data service (4) | $14.8M | 7% |
| Broadband (3) | $12.2M | 6% |
| Commercial | $1.3M | 1% |
