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Side-by-side financial comparison of Guidewire Software, Inc. (GWRE) and WillScot Holdings Corp (WSC). Click either name above to swap in a different company.
WillScot Holdings Corp is the larger business by last-quarter revenue ($566.0M vs $332.6M, roughly 1.7× Guidewire Software, Inc.). Guidewire Software, Inc. runs the higher net margin — 9.4% vs -33.1%, a 42.5% gap on every dollar of revenue. On growth, Guidewire Software, Inc. posted the faster year-over-year revenue change (26.5% vs -6.1%). WillScot Holdings Corp produced more free cash flow last quarter ($149.7M vs $-72.3M). Over the past eight quarters, Guidewire Software, Inc.'s revenue compounded faster (17.5% CAGR vs -1.8%).
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.
WillScot Holdings Corp is a leading provider of modular space solutions and portable storage services across North America. It serves a wide range of sectors including construction, commercial development, education, healthcare, government projects, and special events, offering flexible, scalable temporary and semi-permanent space solutions tailored to diverse client needs.
GWRE vs WSC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $332.6M | $566.0M |
| Net Profit | $31.3M | $-187.3M |
| Gross Margin | 63.0% | 50.4% |
| Operating Margin | 5.6% | -32.5% |
| Net Margin | 9.4% | -33.1% |
| Revenue YoY | 26.5% | -6.1% |
| Net Profit YoY | 242.6% | -310.0% |
| EPS (diluted) | $0.36 | $-1.02 |
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.
| Q4 25 | $332.6M | $566.0M | ||
| Q3 25 | $356.6M | $566.8M | ||
| Q2 25 | $293.5M | $589.1M | ||
| Q1 25 | $289.5M | $559.6M | ||
| Q4 24 | $262.9M | $602.5M | ||
| Q3 24 | $291.5M | $601.4M | ||
| Q2 24 | $240.7M | $604.6M | ||
| Q1 24 | $240.9M | $587.2M |
| Q4 25 | $31.3M | $-187.3M | ||
| Q3 25 | $52.0M | $43.3M | ||
| Q2 25 | $46.0M | $47.9M | ||
| Q1 25 | $-37.3M | $43.1M | ||
| Q4 24 | $9.1M | $89.2M | ||
| Q3 24 | $16.8M | $-70.5M | ||
| Q2 24 | $-5.5M | $-46.9M | ||
| Q1 24 | $9.7M | $56.2M |
| Q4 25 | 63.0% | 50.4% | ||
| Q3 25 | 65.0% | 49.7% | ||
| Q2 25 | 62.2% | 50.3% | ||
| Q1 25 | 61.9% | 53.7% | ||
| Q4 24 | 60.2% | 55.8% | ||
| Q3 24 | 64.0% | 53.5% | ||
| Q2 24 | 59.1% | 54.1% | ||
| Q1 24 | 59.1% | 54.0% |
| Q4 25 | 5.6% | -32.5% | ||
| Q3 25 | 8.3% | 21.0% | ||
| Q2 25 | 1.5% | 21.5% | ||
| Q1 25 | 4.0% | 21.3% | ||
| Q4 24 | -1.8% | 28.9% | ||
| Q3 24 | 3.5% | -5.9% | ||
| Q2 24 | -6.9% | -0.9% | ||
| Q1 24 | -5.2% | 22.1% |
| Q4 25 | 9.4% | -33.1% | ||
| Q3 25 | 14.6% | 7.6% | ||
| Q2 25 | 15.7% | 8.1% | ||
| Q1 25 | -12.9% | 7.7% | ||
| Q4 24 | 3.5% | 14.8% | ||
| Q3 24 | 5.7% | -11.7% | ||
| Q2 24 | -2.3% | -7.7% | ||
| Q1 24 | 4.0% | 9.6% |
| Q4 25 | $0.36 | $-1.02 | ||
| Q3 25 | $0.61 | $0.24 | ||
| Q2 25 | $0.54 | $0.26 | ||
| Q1 25 | $-0.45 | $0.23 | ||
| Q4 24 | $0.11 | $0.48 | ||
| Q3 24 | $0.21 | $-0.37 | ||
| Q2 24 | $-0.07 | $-0.25 | ||
| Q1 24 | $0.12 | $0.29 |
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 | $14.6M |
| Total DebtLower is stronger | — | $3.6B |
| Stockholders' EquityBook value | $1.5B | $856.3M |
| Total Assets | $2.6B | $5.8B |
| Debt / EquityLower = less leverage | — | 4.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $14.6M | ||
| Q3 25 | $1.1B | $14.8M | ||
| Q2 25 | $920.4M | $12.8M | ||
| Q1 25 | $1.2B | $10.7M | ||
| Q4 24 | $1.3B | $9.0M | ||
| Q3 24 | $1.0B | $11.0M | ||
| Q2 24 | $782.3M | $5.9M | ||
| Q1 24 | $777.6M | $13.1M |
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | $398.9M | $3.6B | ||
| Q2 24 | — | $3.5B | ||
| Q1 24 | — | $3.5B |
| Q4 25 | $1.5B | $856.3M | ||
| Q3 25 | $1.5B | $1.1B | ||
| Q2 25 | $1.4B | $1.0B | ||
| Q1 25 | $1.3B | $1.0B | ||
| Q4 24 | $1.3B | $1.0B | ||
| Q3 24 | $1.3B | $1.1B | ||
| Q2 24 | $1.3B | $1.2B | ||
| Q1 24 | $1.3B | $1.3B |
| Q4 25 | $2.6B | $5.8B | ||
| Q3 25 | $2.7B | $6.1B | ||
| Q2 25 | $2.5B | $6.1B | ||
| Q1 25 | $2.5B | $6.0B | ||
| Q4 24 | $2.6B | $6.0B | ||
| Q3 24 | $2.2B | $6.0B | ||
| Q2 24 | $2.0B | $6.0B | ||
| Q1 24 | $2.0B | $6.2B |
| Q4 25 | — | 4.15× | ||
| Q3 25 | — | 3.39× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 3.56× | ||
| Q4 24 | — | 3.62× | ||
| Q3 24 | 0.30× | 3.42× | ||
| Q2 24 | — | 2.88× | ||
| Q1 24 | — | 2.63× |
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 | $158.9M |
| Free Cash FlowOCF − Capex | $-72.3M | $149.7M |
| FCF MarginFCF / Revenue | -21.7% | 26.5% |
| Capex IntensityCapex / Revenue | 1.5% | 1.6% |
| Cash ConversionOCF / Net Profit | -2.15× | — |
| TTM Free Cash FlowTrailing 4 quarters | $286.0M | $737.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-67.4M | $158.9M | ||
| Q3 25 | $244.8M | $191.2M | ||
| Q2 25 | $32.4M | $205.3M | ||
| Q1 25 | $86.0M | $206.6M | ||
| Q4 24 | $-62.3M | $178.9M | ||
| Q3 24 | $193.8M | $-1.6M | ||
| Q2 24 | $4.8M | $175.6M | ||
| Q1 24 | $69.3M | $208.7M |
| Q4 25 | $-72.3M | $149.7M | ||
| Q3 25 | $241.4M | $186.9M | ||
| Q2 25 | $31.6M | $199.0M | ||
| Q1 25 | $85.2M | $202.0M | ||
| Q4 24 | $-63.1M | $176.6M | ||
| Q3 24 | $192.1M | $-4.9M | ||
| Q2 24 | $4.1M | $169.4M | ||
| Q1 24 | $66.3M | $202.1M |
| Q4 25 | -21.7% | 26.5% | ||
| Q3 25 | 67.7% | 33.0% | ||
| Q2 25 | 10.8% | 33.8% | ||
| Q1 25 | 29.4% | 36.1% | ||
| Q4 24 | -24.0% | 29.3% | ||
| Q3 24 | 65.9% | -0.8% | ||
| Q2 24 | 1.7% | 28.0% | ||
| Q1 24 | 27.5% | 34.4% |
| Q4 25 | 1.5% | 1.6% | ||
| Q3 25 | 1.0% | 0.7% | ||
| Q2 25 | 0.2% | 1.1% | ||
| Q1 25 | 0.3% | 0.8% | ||
| Q4 24 | 0.3% | 0.4% | ||
| Q3 24 | 0.6% | 0.6% | ||
| Q2 24 | 0.3% | 1.0% | ||
| Q1 24 | 1.2% | 1.1% |
| Q4 25 | -2.15× | — | ||
| Q3 25 | 4.71× | 4.41× | ||
| Q2 25 | 0.70× | 4.28× | ||
| Q1 25 | — | 4.80× | ||
| Q4 24 | -6.82× | 2.01× | ||
| Q3 24 | 11.56× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 7.15× | 3.71× |
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% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
