Guidewire Software, Inc.GWREEarnings & Financial Report
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.
GWRE Q1 FY2026 Key Financial Metrics
Revenue
$332.6M
Gross Profit
$209.5M
Operating Profit
$18.5M
Net Profit
$31.3M
Gross Margin
63.0%
Operating Margin
5.6%
Net Margin
9.4%
YoY Growth
26.5%
EPS
$0.36
Guidewire Software, Inc. Q1 FY2026 Financial Summary
Guidewire Software, Inc. reported revenue of $332.6M (up 26.5% YoY) for Q1 FY2026, with a net profit of $31.3M (up 242.6% YoY) (9.4% margin). Cost of goods sold was $123.1M, operating expenses totaled $191.0M.
Key Financial Metrics
| Total Revenue | $332.6M |
|---|---|
| Net Profit | $31.3M |
| Gross Margin | 63.0% |
| Operating Margin | 5.6% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Guidewire Software, Inc. Q1 FY2026 revenue of $332.6M breaks down across 4 segments, led by Subscription at $222.7M (67.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Subscription | $222.7M | 67.0% |
| Services | $62.4M | 18.7% |
| Other | $33.1M | 9.9% |
| Support | $14.5M | 4.4% |
Guidewire Software, Inc. Revenue by Segment — Quarterly Trend
Guidewire Software, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Subscription and Services) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Subscription | $222.7M | $186.5M | $166.5M | $161.7M |
| Services | $62.4M | $61.0M | $54.5M | $47.9M |
| Other | $33.1M | — | — | — |
| Support | $14.5M | $15.4M | $15.4M | $16.2M |
Guidewire Software, Inc. Annual Revenue by Year
Guidewire Software, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.2B).
Guidewire Software, Inc. Quarterly Revenue & Net Profit History
Guidewire Software, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $332.6M | +26.5% | $31.3M | 9.4% |
| Q4 FY2025 | $356.6M | +22.3% | $52.0M | 14.6% |
| Q3 FY2025 | $293.5M | +22.0% | $46.0M | 15.7% |
| Q2 FY2025 | $289.5M | +20.2% | $-37.3M | -12.9% |
| Q1 FY2025 | $262.9M | +26.8% | $9.1M | 3.5% |
| Q4 FY2024 | $291.5M | +8.0% | $16.8M | 5.7% |
| Q3 FY2024 | $240.7M | +16.0% | $-5.5M | -2.3% |
| Q2 FY2024 | $240.9M | +3.6% | $9.7M | 4.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $240.9M | $240.7M | $291.5M | $262.9M | $289.5M | $293.5M | $356.6M | $332.6M |
| YoY Growth | 3.6% | 16.0% | 8.0% | 26.8% | 20.2% | 22.0% | 22.3% | 26.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.01B | $2.04B | $2.23B | $2.60B | $2.54B | $2.49B | $2.72B | $2.64B |
| Liabilities | $757.4M | $754.7M | $883.6M | $1.33B | $1.27B | $1.13B | $1.26B | $1.11B |
| Equity | $1.26B | $1.29B | $1.34B | $1.27B | $1.27B | $1.36B | $1.46B | $1.53B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $69.3M | $4.8M | $193.8M | $-62.3M | $86.0M | $32.4M | $244.8M | $-67.4M |