LICENSEWARE
Guidewire Evidence

ARR definition

Catalog row in Vendor License Evidence · Cited

Kind
Definition excerpt
Excerpt
"ARR includes the annualized recurring value of term licenses, subscription agreements, support contracts, and hosting agreements based on customer contractual terms and invoicing activities for the current reporting period, which may not be the same as the timing and amount of revenue recognized."
Locator
Item 7, MD&A, Key metrics
Applies to
ARR counts term licences, subscriptions, support and hosting but not perpetual licences or services
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