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Side-by-side financial comparison of Guidewire Software, Inc. (GWRE) and Walker & Dunlop, Inc. (WD). Click either name above to swap in a different company.
Walker & Dunlop, Inc. is the larger business by last-quarter revenue ($340.0M vs $332.6M, roughly 1.0× Guidewire Software, Inc.). Guidewire Software, Inc. runs the higher net margin — 9.4% vs -12.9%, a 22.3% gap on every dollar of revenue. On growth, Guidewire Software, Inc. posted the faster year-over-year revenue change (26.5% vs -0.4%). Guidewire Software, Inc. produced more free cash flow last quarter ($-72.3M vs $-680.1M). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 17.5%).
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.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
GWRE vs WD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $332.6M | $340.0M |
| Net Profit | $31.3M | $-13.9M |
| Gross Margin | 63.0% | — |
| Operating Margin | 5.6% | -17.2% |
| Net Margin | 9.4% | -12.9% |
| Revenue YoY | 26.5% | -0.4% |
| Net Profit YoY | 242.6% | -131.0% |
| EPS (diluted) | $0.36 | $-0.41 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $332.6M | $340.0M | ||
| Q3 25 | $356.6M | $337.7M | ||
| Q2 25 | $293.5M | $319.2M | ||
| Q1 25 | $289.5M | $237.4M | ||
| Q4 24 | $262.9M | $341.5M | ||
| Q3 24 | $291.5M | $292.3M | ||
| Q2 24 | $240.7M | $270.7M | ||
| Q1 24 | $240.9M | $228.1M |
| Q4 25 | $31.3M | $-13.9M | ||
| Q3 25 | $52.0M | $33.5M | ||
| Q2 25 | $46.0M | $34.0M | ||
| Q1 25 | $-37.3M | $2.8M | ||
| Q4 24 | $9.1M | $44.8M | ||
| Q3 24 | $16.8M | $28.8M | ||
| Q2 24 | $-5.5M | $22.7M | ||
| Q1 24 | $9.7M | $11.9M |
| Q4 25 | 63.0% | — | ||
| Q3 25 | 65.0% | — | ||
| Q2 25 | 62.2% | — | ||
| Q1 25 | 61.9% | — | ||
| Q4 24 | 60.2% | — | ||
| Q3 24 | 64.0% | — | ||
| Q2 24 | 59.1% | — | ||
| Q1 24 | 59.1% | — |
| Q4 25 | 5.6% | -17.2% | ||
| Q3 25 | 8.3% | 13.6% | ||
| Q2 25 | 1.5% | 14.5% | ||
| Q1 25 | 4.0% | 2.2% | ||
| Q4 24 | -1.8% | 15.3% | ||
| Q3 24 | 3.5% | 12.8% | ||
| Q2 24 | -6.9% | 10.4% | ||
| Q1 24 | -5.2% | 6.0% |
| Q4 25 | 9.4% | -12.9% | ||
| Q3 25 | 14.6% | 9.9% | ||
| Q2 25 | 15.7% | 10.6% | ||
| Q1 25 | -12.9% | 1.2% | ||
| Q4 24 | 3.5% | 13.1% | ||
| Q3 24 | 5.7% | 9.9% | ||
| Q2 24 | -2.3% | 8.4% | ||
| Q1 24 | 4.0% | 5.2% |
| Q4 25 | $0.36 | $-0.41 | ||
| Q3 25 | $0.61 | $0.98 | ||
| Q2 25 | $0.54 | $0.99 | ||
| Q1 25 | $-0.45 | $0.08 | ||
| Q4 24 | $0.11 | $1.32 | ||
| Q3 24 | $0.21 | $0.85 | ||
| Q2 24 | $-0.07 | $0.67 | ||
| Q1 24 | $0.12 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.0B | $299.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | $1.7B |
| Total Assets | $2.6B | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $299.3M | ||
| Q3 25 | $1.1B | $274.8M | ||
| Q2 25 | $920.4M | $233.7M | ||
| Q1 25 | $1.2B | $181.0M | ||
| Q4 24 | $1.3B | $279.3M | ||
| Q3 24 | $1.0B | $179.8M | ||
| Q2 24 | $782.3M | $208.1M | ||
| Q1 24 | $777.6M | $216.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $398.9M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.5B | $1.7B | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.4B | $1.8B | ||
| Q1 25 | $1.3B | $1.7B | ||
| Q4 24 | $1.3B | $1.7B | ||
| Q3 24 | $1.3B | $1.7B | ||
| Q2 24 | $1.3B | $1.7B | ||
| Q1 24 | $1.3B | $1.7B |
| Q4 25 | $2.6B | $5.1B | ||
| Q3 25 | $2.7B | $5.8B | ||
| Q2 25 | $2.5B | $4.7B | ||
| Q1 25 | $2.5B | $4.5B | ||
| Q4 24 | $2.6B | $4.4B | ||
| Q3 24 | $2.2B | $4.6B | ||
| Q2 24 | $2.0B | $4.2B | ||
| Q1 24 | $2.0B | $3.8B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.30× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-67.4M | $-664.3M |
| Free Cash FlowOCF − Capex | $-72.3M | $-680.1M |
| FCF MarginFCF / Revenue | -21.7% | -200.0% |
| Capex IntensityCapex / Revenue | 1.5% | 4.6% |
| Cash ConversionOCF / Net Profit | -2.15× | — |
| TTM Free Cash FlowTrailing 4 quarters | $286.0M | $-2.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-67.4M | $-664.3M | ||
| Q3 25 | $244.8M | $-948.1M | ||
| Q2 25 | $32.4M | $-238.5M | ||
| Q1 25 | $86.0M | $-281.1M | ||
| Q4 24 | $-62.3M | $129.4M | ||
| Q3 24 | $193.8M | $-202.0M | ||
| Q2 24 | $4.8M | $-237.8M | ||
| Q1 24 | $69.3M | $38.4M |
| Q4 25 | $-72.3M | $-680.1M | ||
| Q3 25 | $241.4M | $-950.4M | ||
| Q2 25 | $31.6M | $-241.0M | ||
| Q1 25 | $85.2M | $-284.7M | ||
| Q4 24 | $-63.1M | $116.4M | ||
| Q3 24 | $192.1M | $-204.0M | ||
| Q2 24 | $4.1M | $-241.7M | ||
| Q1 24 | $66.3M | $35.2M |
| Q4 25 | -21.7% | -200.0% | ||
| Q3 25 | 67.7% | -281.5% | ||
| Q2 25 | 10.8% | -75.5% | ||
| Q1 25 | 29.4% | -120.0% | ||
| Q4 24 | -24.0% | 34.1% | ||
| Q3 24 | 65.9% | -69.8% | ||
| Q2 24 | 1.7% | -89.3% | ||
| Q1 24 | 27.5% | 15.4% |
| Q4 25 | 1.5% | 4.6% | ||
| Q3 25 | 1.0% | 0.7% | ||
| Q2 25 | 0.2% | 0.8% | ||
| Q1 25 | 0.3% | 1.5% | ||
| Q4 24 | 0.3% | 3.8% | ||
| Q3 24 | 0.6% | 0.7% | ||
| Q2 24 | 0.3% | 1.4% | ||
| Q1 24 | 1.2% | 1.4% |
| Q4 25 | -2.15× | — | ||
| Q3 25 | 4.71× | -28.34× | ||
| Q2 25 | 0.70× | -7.02× | ||
| Q1 25 | — | -102.07× | ||
| Q4 24 | -6.82× | 2.89× | ||
| Q3 24 | 11.56× | -7.01× | ||
| Q2 24 | — | -10.49× | ||
| Q1 24 | 7.15× | 3.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GWRE
| Subscription | $222.7M | 67% |
| Services | $62.4M | 19% |
| Other | $33.1M | 10% |
| Support | $14.5M | 4% |
WD
Segment breakdown not available.
