Guidewire Software (GWRE) 10-Q 7 Dec 23 2024 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Oct. 31, 2023	Nov. 30, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Oct. 31, 2023
Document Transition Report	false
Entity File Number	001-35394
Entity Registrant Name	Guidewire Software, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-4468504
Entity Address, Address Line One	970 Park Pl, Suite 200
Entity Address, City or Town	San Mateo,
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94403
City Area Code	650
Local Phone Number	357-9100
Title of 12(b) Security	Common Stock, $0.0001 par value
Trading Symbol	GWRE
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		81,930,546
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Entity Central Index Key	0001528396
Current Fiscal Year End Date	--07-31

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2023	Jul. 31, 2023
CURRENT ASSETS:
Cash and cash equivalents	$ 301,419	$ 401,813
Short-term investments	411,528	396,872
Accounts receivable, net of allowances of $346 and $218, respectively	93,083	151,034
Unbilled accounts receivable, net	109,231	87,752
Prepaid expenses and other current assets	61,537	62,132
Total current assets	976,798	1,099,603
Long-term investments	140,644	128,782
Unbilled accounts receivable, net	6,883	11,112
Property and equipment, net	55,280	54,499
Operating lease assets	50,402	52,373
Intangible assets, net	13,106	14,473
Goodwill	372,214	372,214
Deferred tax assets, net	239,822	226,875
Other assets	64,448	67,957
TOTAL ASSETS	1,919,597	2,027,888
CURRENT LIABILITIES:
Accounts payable	19,210	34,627
Accrued employee compensation	46,686	103,980
Deferred revenue, net	171,103	206,923
Other current liabilities	25,376	27,731
Total current liabilities	262,375	373,261
Lease liabilities	40,872	42,972
Convertible senior notes, net	397,601	397,171
Deferred revenue, net	3,915	5,988
Other liabilities	9,185	9,030
Total liabilities	713,948	828,422
STOCKHOLDERS’ EQUITY:
Common stock	8	8
Additional paid-in capital	1,867,467	1,831,267
Accumulated other comprehensive income (loss)	(16,805)	(13,859)
Retained earnings (accumulated deficit)	(645,021)	(617,950)
Total stockholders’ equity	1,205,649	1,199,466
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 1,919,597	$ 2,027,888

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Oct. 31, 2023	Jul. 31, 2023
Statement of Financial Position [Abstract]
Allowance for accounts receivable	$ 346	$ 218

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2023	Oct. 31, 2022
Revenue:
Total revenue	$ 207,407	$ 195,282
Cost of revenue:
Total cost of revenue	95,115	123,130
Gross profit:
Total gross profit	112,292	72,152
Operating expenses:
Research and development	62,469	58,170
Sales and marketing	44,581	46,468
General and administrative	39,023	42,067
Total operating expenses	146,073	146,705
Income (loss) from operations	(33,781)	(74,553)
Interest income	10,613	4,638
Interest expense	(1,683)	(1,674)
Other income (expense), net	(13,742)	(13,824)
Income (loss) before provision for (benefit from) income taxes	(38,593)	(85,413)
Provision for (benefit from) income taxes	(11,522)	(16,095)
Net income (loss)	$ (27,071)	$ (69,318)
Net income (loss) per share:
Basic (in dollars per share)	$ (0.33)	$ (0.83)
Diluted (in dollars per share)	$ (0.33)	$ (0.83)
Shares used in computing net income (loss) per share:
Basic (in shares)	81,690,912	83,320,967
Diluted (in shares)	81,690,912	83,320,967
Subscription and support
Revenue:
Total revenue	$ 127,627	$ 99,068
Cost of revenue:
Total cost of revenue	48,054	55,691
Gross profit:
Total gross profit	79,573	43,377
License
Revenue:
Total revenue	34,025	40,952
Cost of revenue:
Total cost of revenue	1,219	1,873
Gross profit:
Total gross profit	32,806	39,079
Services
Revenue:
Total revenue	45,755	55,262
Cost of revenue:
Total cost of revenue	45,842	65,566
Gross profit:
Total gross profit	$ (87)	$ (10,304)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2023	Oct. 31, 2022
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (27,071)	$ (69,318)
Foreign currency translation adjustments	(3,507)	(2,701)
Unrealized gains (losses) on available-for-sale securities	1,024	(1,644)
Tax benefit (expense) on unrealized gains (losses) on available-for-sale securities	(173)	443
Reclassification adjustment for realized gains (losses) included in net income (loss)	(290)	(216)
Total other comprehensive income (loss)	(2,946)	(4,118)
Comprehensive income (loss)	$ (30,017)	$ (73,436)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Adoption of Accounting Standards Update ("ASU") 2020-06	Common stock	Additional paid-in capital	Additional paid-in capital Adoption of Accounting Standards Update ("ASU") 2020-06	Accumulated other comprehensive income (loss)	Retained earnings (accumulated deficit)	Retained earnings (accumulated deficit) Adoption of Accounting Standards Update ("ASU") 2020-06
Beginning balance (in shares) at Jul. 31, 2022			84,084,209
Beginning balance at Jul. 31, 2022	$ 1,451,657		$ 8	$ 1,755,476		$ (19,845)	$ (283,982)
Ending balance (in shares) at Jul. 31, 2023			81,440,669
Ending balance at Jul. 31, 2023	1,199,466		$ 8	$ 1,831,267		$ (13,859)	$ (617,950)
Net income (loss)	(27,071)
Reclassification adjustment for realized gain (loss) on available-for-sale securities, included in net income (loss)	(290)
Ending balance at Oct. 31, 2023	$ 1,205,649	$ (28,309)			$ (68,003)			$ 39,694
Accounting Standards Update [Extensible Enumeration]	Accounting Standards Update 2020-06 [Member]

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2023	Oct. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ (27,071)	$ (69,318)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	5,442	7,623
Amortization of debt issuance costs	430	423
Amortization of contract costs	4,064	4,490
Stock-based compensation	36,097	35,096
Changes to allowance for credit losses and revenue reserves	128	(72)
Deferred income tax	(13,220)	(18,035)
Amortization of premium (accretion of discount) on available-for-sale securities, net	(2,927)	98
Other non-cash items affecting net income (loss)	(29)	34
Changes in operating assets and liabilities:
Accounts receivable	57,193	55,245
Unbilled accounts receivable	(17,250)	(20,659)
Prepaid expenses and other assets	(6,560)	(839)
Operating lease assets	1,971	3,768
Accounts payable	(16,982)	847
Accrued employee compensation	(54,576)	(45,548)
Deferred revenue	(37,893)	(33,575)
Lease liabilities	(1,601)	(4,441)
Other liabilities	701	(2,572)
Net cash provided by (used in) operating activities	(72,083)	(87,435)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of available-for-sale securities	(160,239)	(169,232)
Maturities and sales of available-for-sale securities	137,386	119,291
Purchases of property and equipment	(998)	(604)
Capitalized software development costs	(3,692)	(3,697)
Acquisition of strategic investments	(250)	(181)
Net cash provided by (used in) investing activities	(27,793)	(54,423)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repurchase and retirement of common stock	0	(200,000)
Net cash provided by (used in) financing activities	0	(200,000)
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash	(4,303)	(2,992)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	(104,179)	(344,850)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH—Beginning of period	406,790	614,686
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH—End of period	302,611	269,836
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid for interest	2,500	2,500
Cash paid for income taxes, net of tax refunds	883	1,314
Accruals for purchase of property and equipment	2,805	632
Accruals for capitalized software development costs	$ 278	$ 257

The Company and Summary of Sign

The Company and Summary of Significant Accounting Policies and Estimates	3 Months Ended
	Oct. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
The Company and Summary of Significant Accounting Policies and Estimates	The Company and Summary of Significant Accounting Policies and Estimates Company Guidewire Software, Inc., a Delaware corporation, was incorporated on September 20, 2001. Guidewire Software, Inc., together with its subsidiaries (the “Company”), provides a technology platform which combines core operations, digital engagement, analytics, and machine learning and artificial intelligence (“AI”) applications. The Company’s technology platform supports core insurance operations, including underwriting, policy administration, claim management, and billing; insights into data that can improve business decision making; and digital sales, service, and claims experiences for policyholders, agents, and other key stakeholders. The Company’s customers are primarily property and casualty insurance carriers. Basis of Presentation and Consolidation The Company’s condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”). The condensed consolidated financial statements and notes include the Company and its wholly-owned subsidiaries and reflect all adjustments (all of which are normal and recurring in nature) that, in the opinion of management, are necessary for a fair presentation of the interim periods presented. All intercompany balances and transactions have been eliminated in consolidation. Certain information and disclosures normally included in annual financial statements prepared in accordance with GAAP have been condensed or omitted under the rules and regulations of the SEC. These condensed consolidated financial statements should be read in conjunction with the Company’s financial statements and related notes, together with management’s discussion and analysis of financial condition and results of operations, presented in the Company’s Annual Report on Form 10-K for the fiscal year ended July 31, 2023. Use of Estimates In preparing the condensed consolidated financial statements and related disclosures in conformity with GAAP and pursuant to the rules and regulations of the SEC, the Company must make estimates and judgments that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results may differ materially from these estimates. Significant Accounting Policies There have been no changes in the Company’s significant accounting policies from those that were disclosed in the Company’s consolidated financial statements included in its Annual Report on Form 10-K for the fiscal year ended July 31, 2023, except for those disclosed herein. Restricted Cash Unearned acquisition consideration holdback subject to service conditions is held in escrow and considered restricted cash. At October 31, 2023, restricted cash in the amount of $1.2 million was included in prepaid expenses and other current assets in the condensed consolidated balance sheet. Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash, cash equivalents, investments, accounts receivable, and unbilled accounts receivable. The Company maintains its cash, cash equivalents, and investments with high-quality financial institutions. The Company is exposed to credit risk for cash held in financial institutions in the event of a default to the extent that such amounts recorded in the condensed consolidated balance sheets are in excess of amounts that are insured by the Federal Deposit Insurance Corporation. No customer accounted for 10% or more of the Company's revenue in the three months ended October 31, 2023 and 2022. One customer accounted for 10% or more of the Company's accounts receivable as of October 31, 2023 and no customer accounted for 10% or more of the Company’s accounts receivable as of July 31, 2023. Recent Accounting Pronouncements Recent accounting pronouncements that will be applicable to the Company are not expected to have a material impact on its present or future financial statements.

Revenue

Revenue	3 Months Ended
	Oct. 31, 2023
Revenue from Contract with Customer [Abstract]
Revenue	Revenue Disaggregation of Revenue Revenue by service or product type is as follows (in thousands): Three Months Ended October 31, 2023 2022 Subscription and support Subscription $ 109,597 $ 78,977 Support 18,030 20,091 License Term license 33,977 40,889 Perpetual license 48 63 Services 45,755 55,262 Total revenue $ 207,407 $ 195,282 Revenue by service or product type and by geography is as follows (in thousands): Three Months Ended October 31, 2023 Subscription and support License Services Total United States $ 86,751 $ 12,731 $ 31,001 $ 130,483 Canada 18,442 2,918 2,194 23,554 Other Americas 1,490 322 562 2,374 Total Americas 106,683 15,971 33,757 156,411 Total EMEA 13,938 9,365 9,614 32,917 Total APAC 7,006 8,689 2,384 18,079 Total revenue $ 127,627 $ 34,025 $ 45,755 $ 207,407 Three Months Ended October 31, 2022 Subscription and support License Services Total United States $ 67,081 $ 17,509 $ 38,525 $ 123,115 Canada 16,051 3,693 6,052 25,796 Other Americas 1,475 320 422 2,217 Total Americas 84,607 21,522 44,999 151,128 Total EMEA 8,928 10,425 7,894 27,247 Total APAC 5,533 9,005 2,369 16,907 Total revenue $ 99,068 $ 40,952 $ 55,262 $ 195,282 No country or region, other than those presented above, accounted for more than 10% of total revenue during the three months ended October 31, 2023 and 2022. Customer Contract – Related Balance Sheet Amounts Amounts related to customer contract-related arrangements are included on the condensed consolidated balance sheets as follows (in thousands): October 31, 2023 July 31, 2023 Unbilled accounts receivable, net $ 116,114 $ 98,864 Contract costs, net $ 45,186 $ 47,254 Deferred revenue, net $ 175,018 $ 212,911 As of October 31, 2023 and July 31, 2023, there was no allowance for credit losses associated with unbilled accounts receivable. Contract costs The current portion of contract costs of $15.6 million and $15.9 million is included in prepaid and other current assets in the Company’s condensed consolidated balance sheets as of October 31, 2023 and July 31, 2023, respectively. The non-current portion of contract costs of $29.6 million and $31.3 million is included in other assets in the Company’s condensed consolidated balance sheets as of October 31, 2023 and July 31, 2023, respectively. The Company amortized $4.1 million and $4.5 million of contract costs during the three months ended October 31, 2023 and 2022, respectively. Deferred revenue During the three months ended October 31, 2023, the Company recognized revenue of approximately $94.9 million related to the Company’s deferred revenue balance reported as of July 31, 2023. Remaining Performance Obligations The aggregate amount of consideration allocated to remaining performance obligations either not satisfied or partially satisfied was approximately $1.5 billion as of October 31, 2023. Subscription services are typically satisfied over three to five years, support services are generally satisfied within one year, and professional services are typically satisfied within one year. Professional services under time and material contracts are not included in the remaining performance obligations calculation as these arrangements can be cancelled at any time.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Oct. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments Available-for-sale investments within cash equivalents and investments consist of the following (in thousands): October 31, 2023 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Asset-backed securities $ 39,999 $ 10 $ (240) $ 39,769 Certificates of deposit 31,295 — — 31,295 Commercial paper 191,145 — — 191,145 Corporate bonds 218,184 18 (1,111) 217,091 Foreign government bonds 8,352 1 (123) 8,230 Money market funds 138,674 — — 138,674 U.S. Government agency securities 71,445 1 (100) 71,346 U.S. Government bonds 85,180 — (1,062) 84,118 Total $ 784,274 $ 30 $ (2,636) $ 781,668 July 31, 2023 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Asset-backed securities $ 43,573 $ 18 $ (234) $ 43,357 Certificates of deposit 34,395 — — 34,395 Commercial paper 150,254 — — 150,254 Corporate bonds 200,691 41 (1,590) 199,142 Foreign government bonds 14,559 — (203) 14,356 Money market funds 229,721 — — 229,721 U.S. Government agency securities 84,180 9 (151) 84,038 U.S. Government bonds 87,064 1 (1,230) 85,835 Total $ 844,437 $ 69 $ (3,408) $ 841,098 The Company does not consider any portion of the unrealized losses at October 31, 2023 to be credit losses. The Company has recorded the securities at fair value in its condensed consolidated balance sheets, with unrealized gains and losses reported as a component of accumulated other comprehensive income (loss). The amount of unrealized gains and losses reclassified into earnings are based on the specific identification of the securities sold. The realized gains and losses from sales of securities are presented in the condensed consolidated statements of comprehensive income (loss). The following table summarizes the contractual maturities of the Company’s available-for-sale investments measured at fair value (in thousands): October 31, 2023 Less Than 12 Months 12 Months or Greater Total Asset-backed securities $ 141 $ 39,628 $ 39,769 Certificates of deposit 31,295 — 31,295 Commercial paper 191,145 — 191,145 Corporate bonds 150,917 66,174 217,091 Foreign government bonds 4,827 3,403 8,230 Money market funds 138,674 — 138,674 U.S. Government agency securities 68,548 2,798 71,346 U.S. Government bonds 55,477 28,641 84,118 Total $ 641,024 $ 140,644 $ 781,668 Fair Value Measurement Available-for-sale investments The following tables summarize the Company’s available-for-sale investments measured at fair value, by level within the fair value hierarchy (in thousands): October 31, 2023 Level 1 Level 2 Level 3 Total Cash equivalents: Commercial paper $ — $ 75,657 $ — $ 75,657 Money market funds 138,674 — — 138,674 U.S. Government agency securities — 7,177 — 7,177 U.S. Government bonds — 7,988 — 7,988 Total cash equivalents 138,674 90,822 — 229,496 Short-term investments: Asset-backed securities — 141 — 141 Certificates of deposit — 31,295 — 31,295 Commercial paper — 115,488 — 115,488 Corporate bonds — 150,917 — 150,917 Foreign government bonds — 4,827 — 4,827 U.S. Government agency securities — 61,371 — 61,371 U.S. Government bonds — 47,489 — 47,489 Total short-term investments — 411,528 — 411,528 Long-term investments: Asset-backed securities — 39,628 — 39,628 Corporate bonds — 66,174 — 66,174 Foreign government bonds — 3,403 — 3,403 U.S. Government agency securities — 2,798 — 2,798 U.S. Government bonds — 28,641 — 28,641 Total long-term investments — 140,644 — 140,644 Total $ 138,674 $ 642,994 $ — $ 781,668 July 31, 2023 Level 1 Level 2 Level 3 Total Cash equivalents: Commercial paper $ — $ 61,296 $ — $ 61,296 Money market funds 229,721 — — 229,721 U.S. Government agency securities — 8,478 — 8,478 U.S. Government bonds — 15,949 — 15,949 Total cash equivalents 229,721 85,723 — 315,444 Short-term investments: Asset-backed securities — 2,705 — 2,705 Certificates of deposit — 34,395 — 34,395 Commercial paper — 88,958 — 88,958 Corporate bonds — 156,396 — 156,396 Foreign government bonds — 10,717 — 10,717 U.S. Government agency securities — 69,101 — 69,101 U.S. Government bonds — 34,600 — 34,600 Total short-term investments — 396,872 — 396,872 Long-term investments: Asset-backed securities — 40,652 — 40,652 Corporate bonds — 42,746 — 42,746 Foreign government bonds — 3,639 — 3,639 U.S. Government agency securities — 6,459 — 6,459 U.S. Government bonds — 35,286 — 35,286 Total long-term investments — 128,782 — 128,782 Total $ 229,721 $ 611,377 $ — $ 841,098 Convertible Senior Notes In March 2018, the Company issued $400.0 million aggregate principal amount of 1.25% Convertible Senior Notes due 2025 (the “Convertible Senior Notes”). The fair value of the Convertible Senior Notes was $404.0 million and $388.2 million at October 31, 2023 and July 31, 2023, respectively. The Company estimates the fair value of the Convertible Senior Notes using commonly accepted valuation methodologies and market-based risk measurements that are directly observable, such as unadjusted quoted prices in markets that are not active (Level 2). Strategic Equity Investments The Company’s other assets include strategic equity investments in privately-held companies in which the Company does not have a controlling interest or the ability to exert significant influence. The strategic investments consist of non-marketable equity securities that do not have readily determinable market values (Level 3). The Company records these strategic investments at cost less impairment and adjusts cost for subsequent observable changes in fair value. During the three months ended October 31, 2023, the Company invested $0.2 million in a new strategic equity investment. At October 31, 2023 and July 31, 2023, the Company’s total strategic equity investments was $28.0 million and $27.8 million, respectively. No impairment charge or unrealized gain or loss related to strategic investments were recognized during the three months ended October 31, 2023 and 2022.

Net Income (Loss) Per Share

Net Income (Loss) Per Share	3 Months Ended
	Oct. 31, 2023
Earnings Per Share [Abstract]
Net Income (Loss) Per Share	Net Income (Loss) Per Share The Company calculates basic earnings per share by dividing the net income (loss) by the weighted average number of shares of common stock outstanding for the period. For calculating diluted earnings per share, the Company uses the treasury stock method for options to purchase common stock and Stock Awards and the if-converted method for Convertible Senior Notes. The following table sets forth the computation of the Company’s basic and diluted net income (loss) per share for the three months ended October 31, 2023 and 2022 (in thousands, except share and per share amounts): Three Months Ended October 31, 2023 2022 Numerator: Net income (loss) $ (27,071) $ (69,318) Net income (loss) per share: Basic and diluted $ (0.33) $ (0.83) Denominator: Weighted average shares used in computing net income (loss) per share: Basic and diluted 81,690,912 83,320,967 The following weighted average shares of potential common stock were excluded from the computation of diluted net income (loss) per share for the periods presented because including them would have been anti-dilutive: Three Months Ended October 31, 2023 2022 Stock options 157,638 14,806 Stock awards 2,255,096 1,188,284 Convertible senior notes 3,516,480 3,516,480 During the three months ended October 31, 2023 and 2022, the average market price of the Company’s common stock did not exceed the initial conversion price of the Convertible Senior Notes.

Convertible Senior Notes

Convertible Senior Notes	3 Months Ended
	Oct. 31, 2023
Debt Disclosure [Abstract]
Convertible Senior Notes	Convertible Senior Notes In March 2018, the Company offered and sold $400.0 million aggregate principal amount of its 1.25% Convertible Senior Notes due 2025. The Convertible Senior Notes were issued in accordance with the Indenture, dated as of March 13, 2018, between the Company and U.S. Bank National Association, as trustee (the “Trustee”) (the “Base Indenture”), as amended and supplemented by the First Supplemental Indenture, dated as of March 13, 2018, between the Company and the Trustee (together with the Base Indenture, the “Indenture”). The net proceeds from the issuance of the Convertible Senior Notes were $387.2 million, after deducting issuance costs. The net carrying value of the liability component and unamortized debt issuance costs of the Convertible Senior Notes was as follows (in thousands): October 31, 2023 July 31, 2023 Principal $ 400,000 $ 400,000 Less unamortized: Debt issuance costs 2,399 2,829 Net carrying amount $ 397,601 $ 397,171 The effective interest rate of the Convertible Senior Notes is 1.69%. The following table sets forth the interest expense recognized related to the Convertible Senior Notes (in thousands): Three Months Ended October 31, 2023 2022 Contractual interest expense $ 1,250 $ 1,250 Amortization of debt issuance costs 430 423 Total $ 1,680 $ 1,673 As of October 31, 2023, the if-converted value did not exceed the outstanding principal of the Convertible Senior Notes.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Oct. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies There has been no material change in the Company’s contractual obligations and commitments other than in the ordinary course of business since the Company’s fiscal year ended July 31, 2023. See the Company’s Annual Report on Form 10-K for the fiscal year ended July 31, 2023 for additional information regarding the Company’s contractual obligations. Legal Proceedings From time to time, the Company is involved in various legal proceedings and receives claims, arising from the normal course of business activities. The Company has not recorded any accrual for claims as of October 31, 2023 or July 31, 2023. The Company has not accrued for estimated losses in the accompanying condensed consolidated financial statements as the Company has determined that no provision for liability nor disclosure is required related to any claim against the Company because: (a) there is not a reasonable possibility that a loss exceeding amounts already recognized (if any) may be incurred with respect to such claim; (b) a reasonably possible loss or range of loss cannot be estimated; or (c) such estimate is immaterial. The Company expenses legal fees in the period in which they are incurred. Indemnification The Company sells software licenses and services to its customers under Software License Agreements (“SLA”) and Software Subscription Agreements (“SSA”). SLAs and SSAs contain the terms of the contractual arrangement with the customer and generally include certain provisions for defending the customer against any claims that the Company’s software infringes upon a patent, copyright, trademark, or other proprietary right of a third party. SLAs and SSAs also generally indemnify the customer against judgments, settlements, fines, penalties, costs, and expenses resulting from a claim (“Losses”) against the customer in the event the Company’s software is found to infringe upon such third-party rights. The Company has not had to reimburse any of its customers for Losses related to indemnification provisions and no material claims against the Company were outstanding as of October 31, 2023 or July 31, 2023. For several reasons, including the lack of prior indemnification claims and the lack of a monetary liability limit for certain infringement cases under various SLAs and SSAs, the Company cannot estimate the amount of potential future payments, if any, related to indemnification provisions. The Company has also agreed to indemnify its directors and executive officers for costs associated with any fees, expenses, judgments, fines, and settlement amounts incurred by any of these persons in any action or proceeding to which any of these persons is, or is threatened to be, made a party by reason of the person’s service as a director or officer, including any action by the Company, arising out of that person’s services as the Company’s director or officer or that person’s services provided to any other company or enterprise at the Company’s request. The Company maintains director and officer insurance coverage that may enable the Company to recover a portion of any future amounts paid.

Stock-Based Compensation Expens

Stock-Based Compensation Expense and Shareholders' Equity	3 Months Ended
	Oct. 31, 2023
Stockholders' Equity and Stock-based Compensation [Abstract]
Stock-Based Compensation Expense and Shareholders' Equity	Stock-Based Compensation Expense and Shareholders’ Equity Stock-Based Compensation Expense Stock-based compensation expense related to stock options and Stock Awards is included in the Company’s condensed consolidated statements of operations as follows (in thousands): Three Months Ended October 31, 2023 2022 Stock-based compensation expense $ 36,199 $ 35,249 Net impact of deferred stock-based compensation (102) (153) Total stock-based compensation expense, net $ 36,097 $ 35,096 Stock-based compensation expense is included in the following categories: Cost of subscription and support revenue $ 3,462 $ 3,468 Cost of license revenue 95 147 Cost of services revenue 4,789 5,349 Research and development 9,986 9,291 Sales and marketing 7,729 6,887 General and administrative 10,036 9,954 Total stock-based compensation expense $ 36,097 $ 35,096 Total unrecognized stock-based compensation expense related to the Company’s stock options and Stock Awards as of October 31, 2023 is as follows: Unrecognized Expense Weighted Average Expected Recognition Period Stock Options $ 1,924 0.8 Stock Awards 350,805 2.8 Total unrecognized stock-based compensation expense $ 352,729 Stock Awards A summary of Stock Awards activity under the Company’s equity incentive plans is as follows: Stock Awards Outstanding Number of Stock Awards Outstanding Weighted Average Grant Date Fair Value Aggregate Intrinsic Value (in thousands) (1) Balance as of July 31, 2023 3,414,706 $ 85.68 $ 289,635 Granted 1,483,739 $ 91.77 Released (489,783) $ 94.18 $ 44,580 Canceled (25,556) $ 92.60 Balance as of October 31, 2023 4,383,106 $ 86.75 $ 395,049 Expected to vest as of October 31, 2023 4,383,106 $ 86.75 $ 395,049 (1) Aggregate intrinsic value at each period end represents the total market value of Stock Awards at the Company’s closing stock price of $90.13 and $84.82 on October 31, 2023 and July 31, 2023, respectively. Aggregate intrinsic value for released Stock Awards represents the total market value of released Stock Awards at date of release. In September 2023, certain executive officers were granted Stock Awards that vest in September 2026, subject to continued service until such time, with the opportunity to increase the number of vested awards based on Company financial performance and, for a select number of awards, the market performance of the Company’s common stock. The fair value of the awards will be recognized over the performance period and may increase or decrease depending on the estimated attainment of Company financial performance criteria. The Company determined the fair value of the portion of the award subject to the market performance of the Company’s common stock using a Monte Carlo simulation model, which included the following assumptions: Performance Period September 13, 2023 to September 13, 2026 3-year Historical Volatility 35.0% 3-year Risk Free Rate 4.5% For the portion of the award subject to the market performance of the Company’s common stock, stock-based compensation expense is recognized over the requisite service period regardless of whether or not the market condition is ultimately satisfied, subject to continued service over the period. Prior to fiscal year 2024, certain executives and employees of the Company received PSUs, which will vest over three years with 50% vesting annually over the three year period and the remaining 50% vesting at the end of the third year. The Company recognized stock-based compensation related to PSUs of $4.1 million and $4.0 million during the three months ended October 31, 2023 and 2022, respectively. Stock Options A summary of stock option activity under the Company’s equity incentive plans is as follows: Stock Options Outstanding Number of Stock Options Outstanding Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Value (1) (in years) (in thousands) Balance as of July 31, 2023 187,572 $ 65.90 8.8 $ 3,549 Granted — $ — Exercised (42) $ 46.77 $ 2 Canceled — $ — Balance as of October 31, 2023 187,530 $ 65.90 8.6 $ 4,543 Vested and expected to vest as of October 31, 2023 187,530 $ 65.90 8.6 $ 4,543 Exercisable as of October 31, 2023 8,182 $ 11.46 3.3 $ 644 (1) Aggregate intrinsic value at each period end represents the difference between the Company’s closing stock price of $90.13 and $84.82 on October 31, 2023 and July 31, 2023, respectively, and the exercise price of outstanding options. Aggregate intrinsic value for exercised options represents the difference between the Company’s stock price at date of exercise and the exercise price. Share Repurchase Program In September 2022, the Company's board of directors authorized and approved a share repurchase program of up to $400.0 million of the Company's outstanding common stock. Share repurchases under the program may be made from time to time, in the open market, in privately negotiated transactions and otherwise, at the discretion of management of the Company and in accordance with applicable federal securities laws, including Rule 10b-18 of the Exchange Act, and other applicable legal requirements. Such repurchases may also be made in compliance with Rule 10b5-1 trading plans entered into by the Company. During the three months ended October 31, 2023, the Company did not repurchase any shares of common stock. As of October 31, 2023, $138.2 million remained available for future share repurchases. During the three months ended October 31, 2022, the Company entered into an accelerated share repurchase (“ASR”) agreement with a large financial institution whereupon the Company provided them with a prepayment of $200.0 million and received an initial delivery of 2,581,478 shares of the Company’s common stock. In the third quarter of fiscal year 2023, the ASR was settled in full with the delivery of an additional 648,001 shares of common stock which resulted in total repurchases under the ASR of 3,229,479 shares of common stock at an average purchase price of $61.93 per share.

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Oct. 31, 2023 shares
Trading Arrangements, by Individual
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
James Winston King [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On October 12, 2023, James Winston King, Chief Administrative Officer and General Counsel, adopted a Rule 10b5-1 trading arrangement (“10b5-1 Plan”) that is intended to satisfy the affirmative defense of Rule 10b5-1(c) of the Exchange Act. The 10b5-1 Plan allows for the sale of up to: (i) 105 stock option shares, plus (ii) 100% of the Net Shares acquired by Mr. King resulting from the vesting of 11,100 RSUs during the term of such 10b5-1 Plan, plus (iii) 75% of the Net Shares acquired by Mr. King resulting from the vesting of 8,899 RSUs during the term of such 10b5-1 Plan; with the specific amount of shares to be sold being dependent on the market price of the shares of our common stock and certain specified values, commencing on January 11, 2024 and continuing through December 31, 2024.
Name	James Winston King
Title	Chief Administrative Officer and General Counsel
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	On October 12, 2023
Jeff Cooper [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On October 12, 2023, Jeff Cooper, Chief Financial Officer, adopted a 10b5-1 Plan that is intended to satisfy the affirmative defense of Rule 10b5-1(c) of the Exchange Act. The 10b5-1 Plan allows for the sale of 50% of the Net Shares acquired by Mr. Cooper from the vesting of 39,574 RSUs during the term of such 10b5-1 Plan at then current market prices of the shares of our common stock, commencing on January 16, 2024 and continuing through December 31, 2024.
Name	Jeff Cooper
Title	Chief Financial Officer
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	On October 12, 2023
Aggregate Available	39,574
Stock Option Shares [Member] | James Winston King [Member]
Trading Arrangements, by Individual
Aggregate Available	105
Sale Of 100% Net Shares Acquired, Period One [Member] | James Winston King [Member]
Trading Arrangements, by Individual
Aggregate Available	11,100
Sale Of 75% Net Shares Acquired, Period Two [Member] | James Winston King [Member]
Trading Arrangements, by Individual
Aggregate Available	8,899

The Company and Summary of Si_2

The Company and Summary of Significant Accounting Policies and Estimates (Policies)	3 Months Ended
	Oct. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Company	Company Guidewire Software, Inc., a Delaware corporation, was incorporated on September 20, 2001. Guidewire Software, Inc., together with its subsidiaries (the “Company”), provides a technology platform which combines core operations, digital engagement, analytics, and machine learning and artificial intelligence (“AI”) applications. The Company’s technology platform supports core insurance operations, including underwriting, policy administration, claim management, and billing; insights into data that can improve business decision making; and digital sales, service, and claims experiences for policyholders, agents, and other key stakeholders. The Company’s customers are primarily property and casualty insurance carriers.
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation The Company’s condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”). The condensed consolidated financial statements and notes include the Company and its wholly-owned subsidiaries and reflect all adjustments (all of which are normal and recurring in nature) that, in the opinion of management, are necessary for a fair presentation of the interim periods presented. All intercompany balances and transactions have been eliminated in consolidation. Certain information and disclosures normally included in annual financial statements prepared in accordance with GAAP have been condensed or omitted under the rules and regulations of the SEC.
Use of Estimates	Use of Estimates In preparing the condensed consolidated financial statements and related disclosures in conformity with GAAP and pursuant to the rules and regulations of the SEC, the Company must make estimates and judgments that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results may differ materially from these estimates.
Restricted Cash	Restricted Cash Unearned acquisition consideration holdback subject to service conditions is held in escrow and considered restricted cash. At October 31, 2023, restricted cash in the amount of $1.2 million was included in prepaid expenses and other current assets in the condensed consolidated balance sheet.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash, cash equivalents, investments, accounts receivable, and unbilled accounts receivable. The Company maintains its cash, cash equivalents, and investments with high-quality financial institutions. The Company is exposed to credit risk for cash held in financial institutions in the event of a default to the extent that such amounts recorded in the condensed consolidated balance sheets are in excess of amounts that are insured by the Federal Deposit Insurance Corporation.
Recent Accounting Pronouncements Not Yet Adopted; Other Accounting Pronouncements	Recent Accounting Pronouncements Recent accounting pronouncements that will be applicable to the Company are not expected to have a material impact on its present or future financial statements.

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Oct. 31, 2023
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	Revenue by service or product type is as follows (in thousands): Three Months Ended October 31, 2023 2022 Subscription and support Subscription $ 109,597 $ 78,977 Support 18,030 20,091 License Term license 33,977 40,889 Perpetual license 48 63 Services 45,755 55,262 Total revenue $ 207,407 $ 195,282 Revenue by service or product type and by geography is as follows (in thousands): Three Months Ended October 31, 2023 Subscription and support License Services Total United States $ 86,751 $ 12,731 $ 31,001 $ 130,483 Canada 18,442 2,918 2,194 23,554 Other Americas 1,490 322 562 2,374 Total Americas 106,683 15,971 33,757 156,411 Total EMEA 13,938 9,365 9,614 32,917 Total APAC 7,006 8,689 2,384 18,079 Total revenue $ 127,627 $ 34,025 $ 45,755 $ 207,407 Three Months Ended October 31, 2022 Subscription and support License Services Total United States $ 67,081 $ 17,509 $ 38,525 $ 123,115 Canada 16,051 3,693 6,052 25,796 Other Americas 1,475 320 422 2,217 Total Americas 84,607 21,522 44,999 151,128 Total EMEA 8,928 10,425 7,894 27,247 Total APAC 5,533 9,005 2,369 16,907 Total revenue $ 99,068 $ 40,952 $ 55,262 $ 195,282
Contract with Customer, Asset and Liability	Amounts related to customer contract-related arrangements are included on the condensed consolidated balance sheets as follows (in thousands): October 31, 2023 July 31, 2023 Unbilled accounts receivable, net $ 116,114 $ 98,864 Contract costs, net $ 45,186 $ 47,254 Deferred revenue, net $ 175,018 $ 212,911

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Oct. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Available-for-sale Securities Reconciliation	Available-for-sale investments within cash equivalents and investments consist of the following (in thousands): October 31, 2023 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Asset-backed securities $ 39,999 $ 10 $ (240) $ 39,769 Certificates of deposit 31,295 — — 31,295 Commercial paper 191,145 — — 191,145 Corporate bonds 218,184 18 (1,111) 217,091 Foreign government bonds 8,352 1 (123) 8,230 Money market funds 138,674 — — 138,674 U.S. Government agency securities 71,445 1 (100) 71,346 U.S. Government bonds 85,180 — (1,062) 84,118 Total $ 784,274 $ 30 $ (2,636) $ 781,668 July 31, 2023 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Asset-backed securities $ 43,573 $ 18 $ (234) $ 43,357 Certificates of deposit 34,395 — — 34,395 Commercial paper 150,254 — — 150,254 Corporate bonds 200,691 41 (1,590) 199,142 Foreign government bonds 14,559 — (203) 14,356 Money market funds 229,721 — — 229,721 U.S. Government agency securities 84,180 9 (151) 84,038 U.S. Government bonds 87,064 1 (1,230) 85,835 Total $ 844,437 $ 69 $ (3,408) $ 841,098
Investments Classified by Contractual Maturity Date	The following table summarizes the contractual maturities of the Company’s available-for-sale investments measured at fair value (in thousands): October 31, 2023 Less Than 12 Months 12 Months or Greater Total Asset-backed securities $ 141 $ 39,628 $ 39,769 Certificates of deposit 31,295 — 31,295 Commercial paper 191,145 — 191,145 Corporate bonds 150,917 66,174 217,091 Foreign government bonds 4,827 3,403 8,230 Money market funds 138,674 — 138,674 U.S. Government agency securities 68,548 2,798 71,346 U.S. Government bonds 55,477 28,641 84,118 Total $ 641,024 $ 140,644 $ 781,668
Fair Value, Assets Measured on Recurring Basis	The following tables summarize the Company’s available-for-sale investments measured at fair value, by level within the fair value hierarchy (in thousands): October 31, 2023 Level 1 Level 2 Level 3 Total Cash equivalents: Commercial paper $ — $ 75,657 $ — $ 75,657 Money market funds 138,674 — — 138,674 U.S. Government agency securities — 7,177 — 7,177 U.S. Government bonds — 7,988 — 7,988 Total cash equivalents 138,674 90,822 — 229,496 Short-term investments: Asset-backed securities — 141 — 141 Certificates of deposit — 31,295 — 31,295 Commercial paper — 115,488 — 115,488 Corporate bonds — 150,917 — 150,917 Foreign government bonds — 4,827 — 4,827 U.S. Government agency securities — 61,371 — 61,371 U.S. Government bonds — 47,489 — 47,489 Total short-term investments — 411,528 — 411,528 Long-term investments: Asset-backed securities — 39,628 — 39,628 Corporate bonds — 66,174 — 66,174 Foreign government bonds — 3,403 — 3,403 U.S. Government agency securities — 2,798 — 2,798 U.S. Government bonds — 28,641 — 28,641 Total long-term investments — 140,644 — 140,644 Total $ 138,674 $ 642,994 $ — $ 781,668 July 31, 2023 Level 1 Level 2 Level 3 Total Cash equivalents: Commercial paper $ — $ 61,296 $ — $ 61,296 Money market funds 229,721 — — 229,721 U.S. Government agency securities — 8,478 — 8,478 U.S. Government bonds — 15,949 — 15,949 Total cash equivalents 229,721 85,723 — 315,444 Short-term investments: Asset-backed securities — 2,705 — 2,705 Certificates of deposit — 34,395 — 34,395 Commercial paper — 88,958 — 88,958 Corporate bonds — 156,396 — 156,396 Foreign government bonds — 10,717 — 10,717 U.S. Government agency securities — 69,101 — 69,101 U.S. Government bonds — 34,600 — 34,600 Total short-term investments — 396,872 — 396,872 Long-term investments: Asset-backed securities — 40,652 — 40,652 Corporate bonds — 42,746 — 42,746 Foreign government bonds — 3,639 — 3,639 U.S. Government agency securities — 6,459 — 6,459 U.S. Government bonds — 35,286 — 35,286 Total long-term investments — 128,782 — 128,782 Total $ 229,721 $ 611,377 $ — $ 841,098

Net Income (Loss) Per Share (Ta

Net Income (Loss) Per Share (Tables)	3 Months Ended
	Oct. 31, 2023
Earnings Per Share [Abstract]
Company's basic and diluted earnings per share	The following table sets forth the computation of the Company’s basic and diluted net income (loss) per share for the three months ended October 31, 2023 and 2022 (in thousands, except share and per share amounts): Three Months Ended October 31, 2023 2022 Numerator: Net income (loss) $ (27,071) $ (69,318) Net income (loss) per share: Basic and diluted $ (0.33) $ (0.83) Denominator: Weighted average shares used in computing net income (loss) per share: Basic and diluted 81,690,912 83,320,967
Schedule of Antidilutive Securities excluded from EPS	The following weighted average shares of potential common stock were excluded from the computation of diluted net income (loss) per share for the periods presented because including them would have been anti-dilutive: Three Months Ended October 31, 2023 2022 Stock options 157,638 14,806 Stock awards 2,255,096 1,188,284 Convertible senior notes 3,516,480 3,516,480

Convertible Senior Notes (Table

Convertible Senior Notes (Tables)	3 Months Ended
	Oct. 31, 2023
Debt Disclosure [Abstract]
Schedule of convertible debt	The net carrying value of the liability component and unamortized debt issuance costs of the Convertible Senior Notes was as follows (in thousands): October 31, 2023 July 31, 2023 Principal $ 400,000 $ 400,000 Less unamortized: Debt issuance costs 2,399 2,829 Net carrying amount $ 397,601 $ 397,171 The effective interest rate of the Convertible Senior Notes is 1.69%. The following table sets forth the interest expense recognized related to the Convertible Senior Notes (in thousands): Three Months Ended October 31, 2023 2022 Contractual interest expense $ 1,250 $ 1,250 Amortization of debt issuance costs 430 423 Total $ 1,680 $ 1,673

Stock-Based Compensation Expe_2

Stock-Based Compensation Expense and Shareholders' Equity (Tables)	3 Months Ended
	Oct. 31, 2023
Stockholders' Equity and Stock-based Compensation [Abstract]
Stock-based compensation expense	Stock-based compensation expense related to stock options and Stock Awards is included in the Company’s condensed consolidated statements of operations as follows (in thousands): Three Months Ended October 31, 2023 2022 Stock-based compensation expense $ 36,199 $ 35,249 Net impact of deferred stock-based compensation (102) (153) Total stock-based compensation expense, net $ 36,097 $ 35,096 Stock-based compensation expense is included in the following categories: Cost of subscription and support revenue $ 3,462 $ 3,468 Cost of license revenue 95 147 Cost of services revenue 4,789 5,349 Research and development 9,986 9,291 Sales and marketing 7,729 6,887 General and administrative 10,036 9,954 Total stock-based compensation expense $ 36,097 $ 35,096 Total unrecognized stock-based compensation expense related to the Company’s stock options and Stock Awards as of October 31, 2023 is as follows:
Schedule of Share-based Compensation, Restricted Stock Units Award Activity	A summary of Stock Awards activity under the Company’s equity incentive plans is as follows: Stock Awards Outstanding Number of Stock Awards Outstanding Weighted Average Grant Date Fair Value Aggregate Intrinsic Value (in thousands) (1) Balance as of July 31, 2023 3,414,706 $ 85.68 $ 289,635 Granted 1,483,739 $ 91.77 Released (489,783) $ 94.18 $ 44,580 Canceled (25,556) $ 92.60 Balance as of October 31, 2023 4,383,106 $ 86.75 $ 395,049 Expected to vest as of October 31, 2023 4,383,106 $ 86.75 $ 395,049 (1) Aggregate intrinsic value at each period end represents the total market value of Stock Awards at the Company’s closing stock price of $90.13 and $84.82 on October 31, 2023 and July 31, 2023, respectively. Aggregate intrinsic value for released Stock Awards represents the total market value of released Stock Awards at date of release.
Schedule of Share-based Compensation, Stock Options, Activity	A summary of stock option activity under the Company’s equity incentive plans is as follows: Stock Options Outstanding Number of Stock Options Outstanding Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Value (1) (in years) (in thousands) Balance as of July 31, 2023 187,572 $ 65.90 8.8 $ 3,549 Granted — $ — Exercised (42) $ 46.77 $ 2 Canceled — $ — Balance as of October 31, 2023 187,530 $ 65.90 8.6 $ 4,543 Vested and expected to vest as of October 31, 2023 187,530 $ 65.90 8.6 $ 4,543 Exercisable as of October 31, 2023 8,182 $ 11.46 3.3 $ 644 (1) Aggregate intrinsic value at each period end represents the difference between the Company’s closing stock price of $90.13 and $84.82 on October 31, 2023 and July 31, 2023, respectively, and the exercise price of outstanding options. Aggregate intrinsic value for exercised options represents the difference between the Company’s stock price at date of exercise and the exercise price.
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions	The Company determined the fair value of the portion of the award subject to the market performance of the Company’s common stock using a Monte Carlo simulation model, which included the following assumptions: Performance Period September 13, 2023 to September 13, 2026 3-year Historical Volatility 35.0% 3-year Risk Free Rate 4.5%

The Company and Summary of Si_3

The Company and Summary of Significant Accounting Policies and Estimates (Details) $ in Millions	3 Months Ended
	Oct. 31, 2023 USD ($)
Customer One | Accounts Receivable | Customer Concentration Risk
Finite-Lived Intangible Assets [Line Items]
Concentration risk, percentage	10%
Prepaid Expenses and Other Current Assets
Finite-Lived Intangible Assets [Line Items]
Acquisition consideration holdback	$ 1.2

Revenue (Disaggregation of Reve

Revenue (Disaggregation of Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2023	Oct. 31, 2022
Disaggregation of Revenue [Line Items]
Total revenue	$ 207,407	$ 195,282
United States
Disaggregation of Revenue [Line Items]
Total revenue	130,483	123,115
Canada
Disaggregation of Revenue [Line Items]
Total revenue	23,554	25,796
Other Americas
Disaggregation of Revenue [Line Items]
Total revenue	2,374	2,217
Total Americas
Disaggregation of Revenue [Line Items]
Total revenue	156,411	151,128
Total EMEA
Disaggregation of Revenue [Line Items]
Total revenue	32,917	27,247
Total APAC
Disaggregation of Revenue [Line Items]
Total revenue	18,079	16,907
Subscription and support
Disaggregation of Revenue [Line Items]
Total revenue	127,627	99,068
Subscription and support | United States
Disaggregation of Revenue [Line Items]
Total revenue	86,751	67,081
Subscription and support | Canada
Disaggregation of Revenue [Line Items]
Total revenue	18,442	16,051
Subscription and support | Other Americas
Disaggregation of Revenue [Line Items]
Total revenue	1,490	1,475
Subscription and support | Total Americas
Disaggregation of Revenue [Line Items]
Total revenue	106,683	84,607
Subscription and support | Total EMEA
Disaggregation of Revenue [Line Items]
Total revenue	13,938	8,928
Subscription and support | Total APAC
Disaggregation of Revenue [Line Items]
Total revenue	7,006	5,533
Subscription
Disaggregation of Revenue [Line Items]
Total revenue	109,597	78,977
Support
Disaggregation of Revenue [Line Items]
Total revenue	18,030	20,091
License
Disaggregation of Revenue [Line Items]
Total revenue	34,025	40,952
License | United States
Disaggregation of Revenue [Line Items]
Total revenue	12,731	17,509
License | Canada
Disaggregation of Revenue [Line Items]
Total revenue	2,918	3,693
License | Other Americas
Disaggregation of Revenue [Line Items]
Total revenue	322	320
License | Total Americas
Disaggregation of Revenue [Line Items]
Total revenue	15,971	21,522
License | Total EMEA
Disaggregation of Revenue [Line Items]
Total revenue	9,365	10,425
License | Total APAC
Disaggregation of Revenue [Line Items]
Total revenue	8,689	9,005
Term license
Disaggregation of Revenue [Line Items]
Total revenue	33,977	40,889
Perpetual license
Disaggregation of Revenue [Line Items]
Total revenue	48	63
Services
Disaggregation of Revenue [Line Items]
Total revenue	45,755	55,262
Services | United States
Disaggregation of Revenue [Line Items]
Total revenue	31,001	38,525
Services | Canada
Disaggregation of Revenue [Line Items]
Total revenue	2,194	6,052
Services | Other Americas
Disaggregation of Revenue [Line Items]
Total revenue	562	422
Services | Total Americas
Disaggregation of Revenue [Line Items]
Total revenue	33,757	44,999
Services | Total EMEA
Disaggregation of Revenue [Line Items]
Total revenue	9,614	7,894
Services | Total APAC
Disaggregation of Revenue [Line Items]
Total revenue	$ 2,384	$ 2,369

Revenue (Contract with Customer

Revenue (Contract with Customer) (Details) - USD ($) $ in Thousands	Oct. 31, 2023	Jul. 31, 2023
Revenue from Contract with Customer [Abstract]
Unbilled accounts receivable, net	$ 116,114	$ 98,864
Contract costs, net	45,186	47,254
Deferred revenue, net	$ 175,018	$ 212,911

Revenue (Details)

Revenue (Details) - USD ($)	3 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Jul. 31, 2023
Revenue from Contract with Customer [Abstract]
Allowance for doubtful accounts	$ 0		$ 0
Contract costs, current	15,600,000		15,900,000
Contract costs, noncurrent	29,600,000		$ 31,300,000
Amortization of contract costs	4,064,000	$ 4,490,000
Contract with customer, liability, revenue recognized	94,900,000
Remaining performance obligation, amount	$ 1,500,000,000

Fair Value of Financial Instr_3

Fair Value of Financial Instruments (Details 1) - USD ($) $ in Thousands	Oct. 31, 2023	Jul. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	$ 784,274	$ 844,437
Unrealized Gains	30	69
Unrealized Losses	(2,636)	(3,408)
Estimated Fair Value	781,668	841,098
Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	191,145	150,254
Unrealized Gains	0	0
Unrealized Losses	0	0
Estimated Fair Value	191,145	150,254
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	218,184	200,691
Unrealized Gains	18	41
Unrealized Losses	(1,111)	(1,590)
Estimated Fair Value	217,091	199,142
Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	31,295	34,395
Unrealized Gains	0	0
Unrealized Losses	0	0
Estimated Fair Value	31,295	34,395
U.S. Government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	85,180	87,064
Unrealized Gains	0	1
Unrealized Losses	(1,062)	(1,230)
Estimated Fair Value	84,118	85,835
Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	138,674	229,721
Unrealized Gains	0	0
Unrealized Losses	0	0
Estimated Fair Value	138,674	229,721
U.S. Government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	71,445	84,180
Unrealized Gains	1	9
Unrealized Losses	(100)	(151)
Estimated Fair Value	71,346	84,038
Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	39,999	43,573
Unrealized Gains	10	18
Unrealized Losses	(240)	(234)
Estimated Fair Value	39,769	43,357
Foreign government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	8,352	14,559
Unrealized Gains	1	0
Unrealized Losses	(123)	(203)
Estimated Fair Value	$ 8,230	$ 14,356

Fair Value of Financial Instr_4

Fair Value of Financial Instruments (Details 2) - USD ($) $ in Thousands	Oct. 31, 2023	Jul. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Less Than 12 Months	$ 641,024
12 Months or Greater	140,644
Total	781,668	$ 841,098
Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Less Than 12 Months	191,145
12 Months or Greater	0
Total	191,145	150,254
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Less Than 12 Months	150,917
12 Months or Greater	66,174
Total	217,091	199,142
Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Less Than 12 Months	31,295
12 Months or Greater	0
Total	31,295	34,395
U.S. Government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Less Than 12 Months	55,477
12 Months or Greater	28,641
Total	84,118	85,835
Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Less Than 12 Months	138,674
12 Months or Greater	0
Total	138,674	229,721
U.S. Government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Less Than 12 Months	68,548
12 Months or Greater	2,798
Total	71,346	84,038
Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Less Than 12 Months	141
12 Months or Greater	39,628
Total	39,769	43,357
Foreign government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Less Than 12 Months	4,827
12 Months or Greater	3,403
Total	$ 8,230	$ 14,356

Fair Value of Financial Instr_5

Fair Value of Financial Instruments (Details 3) - USD ($) $ in Thousands	Oct. 31, 2023	Jul. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	$ 229,496	$ 315,444
Total short-term investments	411,528	396,872
Total long-term investments	140,644	128,782
Total	781,668	841,098
Strategic investment, noncurrent, quarter to date	200
Equity investments	28,000	27,800
Senior Notes | Convertible Senior Notes, 1.250%
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of debt	404,000	388,200
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	138,674	229,721
Total short-term investments	0	0
Total long-term investments	0	0
Total	138,674	229,721
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	90,822	85,723
Total short-term investments	411,528	396,872
Total long-term investments	140,644	128,782
Total	642,994	611,377
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	0	0
Total short-term investments	0	0
Total long-term investments	0	0
Total	0	0
Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	75,657	61,296
Commercial paper | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	0	0
Commercial paper | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	75,657	61,296
Commercial paper | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	0	0
Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	7,988	15,949
Certificates of deposit | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	0	0
Certificates of deposit | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	7,988	15,949
Certificates of deposit | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	0	0
Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	138,674	229,721
Money market funds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	138,674	229,721
Money market funds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	0	0
Money market funds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	0	0
U.S. Government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	7,177	8,478
U.S. Government agency securities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	0	0
U.S. Government agency securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	7,177	8,478
U.S. Government agency securities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	0	0
Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	115,488	88,958
Commercial paper | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Commercial paper | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	115,488	88,958
Commercial paper | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	150,917	156,396
Total long-term investments	66,174	42,746
Corporate bonds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Total long-term investments	0	0
Corporate bonds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	150,917	156,396
Total long-term investments	66,174	42,746
Corporate bonds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Total long-term investments	0	0
Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	31,295	34,395
Certificates of deposit | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Certificates of deposit | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	31,295	34,395
Certificates of deposit | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
U.S. Government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	47,489	34,600
Total long-term investments	28,641	35,286
U.S. Government bonds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Total long-term investments	0	0
U.S. Government bonds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	47,489	34,600
Total long-term investments	28,641	35,286
U.S. Government bonds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Total long-term investments	0	0
U.S. Government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	61,371	69,101
Total long-term investments	2,798	6,459
U.S. Government agency securities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Total long-term investments	0	0
U.S. Government agency securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	61,371	69,101
Total long-term investments	2,798	6,459
U.S. Government agency securities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Total long-term investments	0	0
Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	141	2,705
Total long-term investments	39,628	40,652
Asset-backed securities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Total long-term investments	0	0
Asset-backed securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	141	2,705
Total long-term investments	39,628	40,652
Asset-backed securities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Total long-term investments	0	0
Foreign government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	4,827	10,717
Total long-term investments	3,403	3,639
Foreign government bonds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Total long-term investments	0	0
Foreign government bonds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	4,827	10,717
Total long-term investments	3,403	3,639
Foreign government bonds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Total long-term investments	$ 0	$ 0

Net Income (Loss) Per Share (De

Net Income (Loss) Per Share (Details 1) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Oct. 31, 2023	Apr. 30, 2023	Oct. 31, 2022	Apr. 30, 2022
Numerator:
Net income (loss)	$ (27,071)	$ (27,071)	$ (69,318)	$ (69,318)
Net income (loss) per share:
Basic (in dollars per share)	$ (0.33)		$ (0.83)
Diluted (in dollars per share)	$ (0.33)		$ (0.83)
Weighted average shares used in computing net income (loss) per share:
Basic (in shares)	81,690,912		83,320,967
Diluted (in shares)	81,690,912		83,320,967

Net Income (Loss) Per Share (_2

Net Income (Loss) Per Share (Details 2) - shares	3 Months Ended
	Oct. 31, 2023	Oct. 31, 2022
Stock options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from EPS (in shares)	157,638	14,806
Stock awards
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from EPS (in shares)	2,255,096	1,188,284
Convertible senior notes
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from EPS (in shares)	3,516,480	3,516,480

Convertible Senior Notes (Detai

Convertible Senior Notes (Details) - Senior Notes - USD ($)	1 Months Ended
	Mar. 31, 2018	Oct. 31, 2023	Jul. 31, 2023	Aug. 01, 2022
Convertible Debt
Debt Instrument [Line Items]
Aggregate principal amount		$ 400,000,000	$ 400,000,000
Net proceeds	$ 387,200,000
Convertible Senior Notes, 1.250%
Debt Instrument [Line Items]
Aggregate principal amount	$ 400,000,000
Stated interest rate	1.25%			1.69%

Convertible Senior Notes - Net

Convertible Senior Notes - Net carrying value of the liability component (Details) - Senior Notes - Convertible Debt - USD ($) $ in Thousands	Oct. 31, 2023	Jul. 31, 2023
Debt Instrument [Line Items]
Principal	$ 400,000	$ 400,000
Debt issuance costs	2,399	2,829
Net carrying amount	$ 397,601	$ 397,171

Convertible Senior Notes - Sche

Convertible Senior Notes - Schedule of interest expense recognized (Details) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2023	Oct. 31, 2022
Debt Instrument [Line Items]
Contractual interest expense	$ 1,683	$ 1,674
Senior Notes | Convertible Debt
Debt Instrument [Line Items]
Contractual interest expense	1,250	1,250
Amortization of debt issuance costs	430	423
Total	$ 1,680	$ 1,673

Commitments and Contingencies (

Commitments and Contingencies (Details Textual)	Oct. 31, 2023 USD ($) customer	Jul. 31, 2023 USD ($) customer
Commitments and Contingencies Disclosure [Abstract]
Reimbursement | $	$ 0	$ 0
Claims outstanding | customer	0	0

Stock-Based Compensation Expe_3

Stock-Based Compensation Expense and Shareholders' Equity (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2023	Oct. 31, 2022
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 36,199	$ 35,249
Net impact of deferred stock-based compensation	(102)	(153)
Total stock-based compensation expense, net	36,097	35,096
Total stock-based compensation expense	36,097	35,096
Unrecognized stock-based compensation expense	352,729
Stock options
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Unrecognized stock-based compensation expense	$ 1,924
Unrecognized stock-based compensation expense, period for recognition	9 months 18 days
Restricted Stock Units (RSUs) [Member]
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Unrecognized stock-based compensation expense	$ 350,805
Unrecognized stock-based compensation expense, period for recognition	2 years 9 months 18 days
Cost of subscription and support revenue
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total stock-based compensation expense	$ 3,462	3,468
Cost of license revenue
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total stock-based compensation expense	95	147
Cost of services revenue
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total stock-based compensation expense	4,789	5,349
Research and development
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total stock-based compensation expense	9,986	9,291
Sales and marketing
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total stock-based compensation expense	7,729	6,887
General and administrative
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total stock-based compensation expense	$ 10,036	$ 9,954

Stock-Based Compensation Expe_4

Stock-Based Compensation Expense and Shareholders' Equity (Details 2) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Oct. 31, 2023	Jul. 31, 2023	Jul. 31, 2022
Weighted Average Grant Date Fair Value
Share price (in dollars per share)	$ 90.13	$ 84.82
Weighted Average Exercise Price
Granted (in dollars per share)		$ 0
Canceled (in dollars per share)	$ 0
Stock awards
Number of Stock Awards Outstanding
Balance at beginning of period (in shares)	3,414,706
Granted (in shares)	1,483,739
Released (in shares)	(489,783)
Canceled (in shares)	(25,556)
Balance at end of period (in shares)	4,383,106	3,414,706
Expected to vest (in shares)	4,383,106
Weighted Average Grant Date Fair Value
Balance at beginning of period (in dollars per share)	$ 85.68
Granted (in dollars per share)	91.77
Released (in dollars per share)	94.18
Canceled (in dollars per share)	92.60
Balance at end of period (in dollars per share)	86.75	$ 85.68
Expected to vest (in dollars per share)	$ 86.75
Aggregate intrinsic value, Nonvested	$ 395,049	$ 289,635
Aggregate intrinsic value, released	44,580
Aggregate intrinsic value, Expected to vest	$ 395,049
Stock options
Number of Stock Options Outstanding
Balance at beginning of period (in shares)	187,572
Granted (in shares)		0
Exercised (in shares)		(42)
Canceled (in shares)		0
Balance at end of period (in shares)	187,530	187,572
Vested and expected to vest (in shares)	187,530
Exercisable (in shares)	8,182
Weighted Average Exercise Price
Balance at beginning of period (in dollars per share)	$ 65.90
Exercised (in dollars per share)		$ 46.77
Balance at end of period (in dollars per share)	65.90	$ 65.90
Vested and expected to vest (in dollars per share)	65.90
Exercisable (in dollars per share)	$ 11.46
Weighted Average Remaining Contractual Life
Outstanding, weighted average remaining contractual life		8 years 7 months 6 days	8 years 9 months 18 days
Vested and expected to vest, weighted average remaining contractual life		8 years 7 months 6 days
Exercisable, weighted average remaining contractual life		3 years 3 months 18 days
Aggregate Intrinsic Value
Aggregate intrinsic value	$ 4,543	$ 3,549
Exercised		$ 2
Vested and expected to vest	4,543
Exercisable	$ 644

Stock-Based Compensation Expe_5

Stock-Based Compensation Expense and Shareholders' Equity (Details 3)	3 Months Ended
	Oct. 31, 2023
Stockholders' Equity and Stock-based Compensation [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	35%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	4.50%

Stock-Based Compensation Expe_6

Stock-Based Compensation Expense and Shareholders' Equity (Details Textual) - USD ($)	3 Months Ended
	Oct. 31, 2023	Apr. 30, 2023	Oct. 31, 2022	Sep. 30, 2022
Class of Stock [Line Items]
Prepayment for repurchase of stock	$ 0		$ 200,000,000
Remaining authorized amount	138,200,000
Share Based Compensation Expense, Performance Based Awards	$ 4,100,000		$ 4,000,000
PSUs
Class of Stock [Line Items]
Period of time based Vesting	3 years
PSUs | Tranche One
Class of Stock [Line Items]
Award vesting percentage	50%
PSUs | Tranche two
Class of Stock [Line Items]
Award vesting percentage	50%
Accelerated Share Repurchase Agreement
Class of Stock [Line Items]
Authorized repurchase amount				$ 400,000,000
Common stock (in shares)		648,001	2,581,478
Shares repurchased (in shares)		3,229,479
Average price per share (in dollars per share)		$ 61.93
Prepayment for repurchase of stock			$ 200,000,000

Uncategorized Items - gwre-2023

Label	Element	Value
APIC, Share-Based Payment Arrangement, Increase for Cost Recognition	us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	$ 36,199,000
APIC, Share-Based Payment Arrangement, Increase for Cost Recognition	us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	35,249,000
Stock Repurchased and Retired During Period, Value	us-gaap_StockRepurchasedAndRetiredDuringPeriodValue	200,000,000
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, after Tax	us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	(1,201,000)
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, after Tax	us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	851,000
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	(2,701,000)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	(3,507,000)
Stock Issued During Period, Value, Stock Options Exercised	us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised	1,000
Common Stock [Member]
Equity, Attributable to Parent	us-gaap_StockholdersEquity	8,000
Equity, Attributable to Parent	us-gaap_StockholdersEquity	$ 8,000
Stock Repurchased During Period, Shares	us-gaap_StockRepurchasedDuringPeriodShares	2,581,478
Stock Issued During Period, Shares, Restricted Stock Award, Gross	us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross	489,783
Stock Issued During Period, Shares, Restricted Stock Award, Gross	us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross	373,380
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period	us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised	42
Shares, Outstanding	us-gaap_SharesOutstanding	81,876,111
Shares, Outstanding	us-gaap_SharesOutstanding	81,930,494
AOCI Attributable to Parent [Member]
Equity, Attributable to Parent	us-gaap_StockholdersEquity	$ (23,963,000)
Equity, Attributable to Parent	us-gaap_StockholdersEquity	(16,805,000)
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, after Tax	us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	851,000
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, after Tax	us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	(1,201,000)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	(3,507,000)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	(2,701,000)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax	us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	290,000
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax	us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	216,000
Retained Earnings [Member]
Equity, Attributable to Parent	us-gaap_StockholdersEquity	(473,606,000)
Equity, Attributable to Parent	us-gaap_StockholdersEquity	(645,021,000)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	us-gaap_ProfitLoss	(27,071,000)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	us-gaap_ProfitLoss	(69,318,000)
Stock Repurchased and Retired During Period, Value	us-gaap_StockRepurchasedAndRetiredDuringPeriodValue	160,000,000
Additional Paid-in Capital [Member]
APIC, Share-Based Payment Arrangement, Increase for Cost Recognition	us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	36,199,000
APIC, Share-Based Payment Arrangement, Increase for Cost Recognition	us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	35,249,000
Equity, Attributable to Parent	us-gaap_StockholdersEquity	1,682,722,000
Equity, Attributable to Parent	us-gaap_StockholdersEquity	1,867,467,000
Stock Repurchased and Retired During Period, Value	us-gaap_StockRepurchasedAndRetiredDuringPeriodValue	40,000,000
Stock Issued During Period, Value, Stock Options Exercised	us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised	$ 1,000