Exhibit 12.1
GUIDEWIRE SOFTWARE, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands, except ratios)
Year Ended July 31, | Six Months Ended January 31, 2018 | |||||||||||||||||||||||
| 2013 | 2014 | 2015 | 2016 | 2017 | ||||||||||||||||||||
EARNINGS: | ||||||||||||||||||||||||
Income/(loss) before provision for income taxes | 30,122.9 | 19,946.8 | 16,740.0 | 20,781.9 | 33,276.4 | (28,510.6 | ) | |||||||||||||||||
Add: Fixed Charges | 1.4 | 17.1 | 0.3 | 0.4 | 12.7 | 11.3 | ||||||||||||||||||
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TOTAL EARNINGS (LOSSES) | 30,124.3 | 19,963.9 | 16,740.3 | 20,782.3 | 33,289.1 | (28,499.9 | ) | |||||||||||||||||
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Total Fixed Charges(*) | 1.4 | 17.1 | 0.3 | 0.4 | 12.7 | 11.3 | ||||||||||||||||||
Ratio of earnings to fixed charges | 21,517 | 1,167 | 55,801 | 51,956 | 2,621 | — | ||||||||||||||||||
| (*) | Fixed charges consists of interest expensed. |
