• Guidewire Software average operating margin for 2023 was -17.97%, a 19.81% decline from 2022.
• Guidewire Software average operating margin for 2022 was -22.41%, a 92.2% decline from 2021.
• Guidewire Software average operating margin for 2021 was -11.66%, a 135.08% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.