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Guidewire Software GWRE Business Segments — Operating Expenses

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Other financials

Income statement

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Revenue$372.5M+26.9%
Gross profit$236.6M+29.5%
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$8.98B-30.1%
Enterprise value$8.71B-29.7%
P/E56.2×
P/S6.3×-5.0×

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

Reported directly by Guidewire Software in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The official record: Guidewire Software’s 10-Q, filed June 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Guidewire Software's business segments — operating expenses?
Guidewire Software (GWRE) reported business segments — operating expenses of $206.01M in Q1 2026.
How has Guidewire Software's business segments — operating expenses changed year-over-year?
Guidewire Software's business segments — operating expenses increased by 15.6% year-over-year, from $178.23M to $206.01M.
What is the long-term trend for Guidewire Software's business segments — operating expenses?
Over 2 years (2023 to 2025), Guidewire Software's business segments — operating expenses has grown at a 8.2% compound annual growth rate (CAGR), from $607.7M to $710.99M.
What does business segments — operating expenses mean?
This metric represents the total costs incurred by the reportable business segment to support its core operations, including research and development, sales, marketing, and general administrative functions. It excludes cost of revenue but captures the ongoing investment required to maintain and grow the segment's market presence. Monitoring this helps evaluate the scalability of the segment's business model.