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Segments

By segment

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Reportable Segment$236.65M+29.5%

By product

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Services$4.17M+114%

Other financials

Income statement

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Revenue$372.5M+26.9%
Operating income$30.6M+586%
Net income$16.5M-64.2%
EPS (diluted)$0.19-64.8%

Balance sheet

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Cash & equivalents$294.6M-42.4%
Total debt$27.0M-18.1%
Total equity$1.3B-3.3%
Total assets$2.5B+1.9%

Cash flow

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Operating cash flow$61.2M+89.1%
CapEx$1.8M+152%
Free cash flow$59.4M+87.7%

Valuation

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Market cap$13.35B-29.7%
Enterprise value$13.08B-28.7%
P/E83.5×-189×
P/S9.4×-6.4×

Profitability

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Gross margin64%+1.9pp
Operating margin8.2%
Net margin11.2%
FCF margin23.7%+2.1pp

Returns & leverage

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Return on equity11.9%
Debt / equity0.0×
Current ratio2.4×-0.8×

Where this comes from

Calculated from Guidewire Software’s reported figures.

The source filing: Guidewire Software’s 10-Q, filed June 5, 2026.

Filed
Jun 4, 2026, 8:00 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001528396-26-000027
Line itemThree Months Ended / April 30, 2026Three Months Ended / April 30, 2025Nine Months Ended / April 30, 2026Nine Months Ended / April 30, 2025
Subscription and support176,856124,412508,413358,872
License55,62256,341156,031155,582
Services4,1671,94513,2445,788
Total gross profit236,645182,698677,689520,242
Operating expenses:
Research and development87,86872,915249,510212,063
Sales and marketing68,20157,768193,934164,698
General and administrative49,93947,547146,689132,010

ITEM 1.Financial Statements (unaudited)

FAQ

What is Guidewire Software's gross profit?
Guidewire Software (GWRE) reported gross profit of $236.65M in Q1 2026.
How has Guidewire Software's gross profit changed year-over-year?
Guidewire Software's gross profit increased by 29.5% year-over-year, from $182.7M to $236.65M.
What is the long-term trend for Guidewire Software's gross profit?
Over 4 years (2021 to 2025), Guidewire Software's gross profit has grown at a 17.9% compound annual growth rate (CAGR), from $389.56M to $752.05M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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