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Guidewire Software, Inc.

GWRE Technology Software Application

Guidewire Software, Inc.’s revenue for fiscal 2026 (year ended July 2026) was $1.5 billion, up 22.7% from fiscal 2025.

Revenue
+15.3%
EPS
−38.7%
Free cash flow
+16.4%
Total debt
+0.52%

Quarter to July 2026, against a year earlier

161.12 6.23 −3.72%
Market cap
$13.8B
P/E
101×
Fwd P/E
74.0×
Dividend yield
—
F-score
7/9
Altman Z
6.00
Beneish M
−2.70
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Revenue by segment Fiscal 2026

  • Reportable Segment

Every year since 2010 →

Insider Decisions last twelve months

Sold, $m 50.74
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 9 4 4 11 4 4 10 5 8 8 7 1
Insider Ownership 2.69%

Capital & Financial Ratios $m

Size
Market Cap 13,830.00
Revenue ttm 1,475.36
Net income ttm 139.28
Free cash flow ttm 358.66
Net debt Q (74.97)
Valuation
P/E 100.97 (above 35: high)
Forward P/E 74.00 (above 35: high)
Price / sales 9.56
Forward P/S Powerpack
Price / FCF 39.34
Price / book 11.82 (above 6: high)
Financial health
Current ratio Q 1.79 (at or above 1.5: strong)
Debt / equity Q 0.57
Interest coverage Q 18.55
Growth
Revenue growth Q +15.29% (above 0%: growing)
Operating income growth Q +110.56% (above 0%: growing)
EPS, this year +21.31% (at or above 15%: strong)
EPS, next year A +27.53% (at or above 15%: strong)
Revenue, next year A +16.38% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +25.88% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 9.6×, against a ten-year median of 9.8×; over the ten years it ranged from 5.5× in 2022 to 17.3× in 2025.
P/E against its own 10 years 14.09%
10-year low 10-year high
P/S against its own 10 years 27.98%
10-year low 10-year high
P/B against its own 10 years 90.39%
10-year low 10-year high
EV/Sales against its own 10 years 44.88%
10-year low 10-year high
EV/FCF against its own 10 years 13.80%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 799 1,004 1,149 753
Receivables 239 224 272 335
Inventory — — — —
Other — — — —
1,100 1,296 1,507 1,187
2023 2024 2025 2026
Payables 35 15 29 38
ST’ Debt 8 399 — —
Other 28 33 35 43
373 838 545 664

Compound Annual Growth %

10y 5y 3y
Sales 13.27% 14.70% 17.68%
Cash Flow 14.58% 28.42% 116.52%
Earnings 24.98% 0.00% 0.00%
Book Value 4.29% (5.03%) (0.16%)

Earnings Trends EPS, adjusted, against the consensus

Q4 FY26 Estimate 0.94 Actual 0.99

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q1 FY26 0.66 0.66 Met by 0.00
Q2 FY26 0.77 1.17 Beat by 0.40
Q3 FY26 0.79 0.82 Beat by 0.03
Q4 FY26 0.94 0.99 Beat by 0.05
Q1 FY27 0.78 — Reports 2 December 2026

EPS $

Oct Jan Apr Jul Year
’26 — — — — —
’26 0.36 0.70 0.19 0.38 1.63
’25 0.11 (0.45) 0.54 0.60 0.81
’24 (0.33) 0.12 (0.07) 0.20 (0.07)
’23 (0.83) (0.11) (0.56) 0.15 (1.36)
’22 (0.62) (0.49) (0.69) (0.37) (2.16)
’21 (0.24) (0.10) (0.44) (0.01) (0.79)
Fiscal quarters ending in the months shown.

Revenue $m

Oct Jan Apr Jul Year
’26 — — — — —
’26 333 359 373 411 1,475
’25 263 289 294 357 1,202
’24 207 241 241 292 980
’23 195 233 207 270 905
’22 166 205 197 245 813
’21 170 180 164 229 743
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Oct Jan Apr Jul Year
’26 — — — — —
’26 (67) 112 61 284 390
’25 (62) 86 32 245 301
’24 (72) 69 5 194 196
’23 (87) 1 (49) 173 38
’22 (107) (3) (11) 84 (38)
’21 (16) 13 6 108 112
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Oct Jan Apr Jul Year
’26 — — — — —
’26 (77) 106 54 277 359
’25 (67) 82 28 238 280
’24 (77) 64 1 189 177
’23 (92) (3) (52) 167 21
’22 (114) (9) (15) 79 (60)
’21 (20) 7 (4) 100 83
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 24.3% a year for ten years. It grew 14.6% a year over the last ten.

Implied
24.3%
10 years, reported
14.6%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

1.6
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to July

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 510 653 720 742 743 813 905 980 1,202 1,475 +12.5% 1,717 1,990 2,286 +15.7%
Gross margin, % 62.40 54.54 54.92 54.46 52.41 46.42 50.61 59.50 62.54 64.21 +1.8 pt
EBT 29 (8) 12 (24) (104) (230) (134) (27) 49 164 +21.5%
EBT margin, % 5.60 (1.27) 1.73 (3.28) (14.03) (28.27) (14.81) (2.74) 4.11 11.12 +5.5 pt
Net income 18 (27) 21 (27) (67) (180) (112) (6) 70 139 +25.5%
Per share, $
Per share, $ Revenue 6.89 8.40 8.83 8.96 8.89 9.72 11.02 11.92 14.34 17.52 +10.9%
Earnings 0.29 (0.34) 0.25 (0.33) (0.79) (2.16) (1.36) (0.07) 0.83 1.65 +21.3%
Cash flow 1.88 1.81 1.43 1.36 1.34 (0.45) 0.47 2.38 3.59 4.63 +10.6%
Capex (0.09) (0.15) (0.60) (0.31) (0.35) (0.26) (0.21) (0.23) (0.24) (0.37) +17.0%
Free cash flow 1.79 1.65 0.83 1.05 0.99 (0.71) 0.26 2.15 3.34 4.26 +10.1%
Book value 12.01 18.19 19.33 20.00 18.48 17.37 14.60 16.32 17.38 14.18 +1.9%
Shares, m 74 78 81 83 84 84 82 82 84 84 +1.4%
Valuation, ×
Valuation, × P/E 257.71 0.00 408.32 0.00 0.00 0.00 0.00 0.00 272.55 91.53 103.0
P/S 10.48 10.26 11.56 13.13 12.92 7.97 7.70 12.60 15.77 8.67 11.1
P/B 6.01 4.74 5.28 5.88 6.22 4.46 5.81 9.20 13.02 10.72 7.1
EV/Sales 9.35 9.09 10.43 12.07 11.89 7.22 7.26 12.38 15.53 8.74 10.4
EV/FCF 36.08 46.22 111.60 102.47 106.85 (98.24) 313.66 68.52 66.59 35.95 79.0
Cash, $m
Cash, $m Operating cash flow 139 140 116 113 112 (38) 38 196 301 390 +12.2%
Capex (7) (12) (49) (26) (29) (22) (17) (19) (20) (31) +18.6%
Free cash flow 132 128 67 87 83 (60) 21 177 280 359 +11.7%
Balance, $m
Balance, $m Working capital 511 984 1,103 1,118 1,055 915 726 458 963 522 +0.2%
Net debt (573) (762) (807) (792) (764) (606) (394) (605) (475) (75) (20.2%)
Shareholders’ equity 889 1,414 1,574 1,657 1,545 1,452 1,199 1,343 1,457 1,194 +3.3%
Returns, %
Returns, % ROA 1.81 (1.75) 1.00 (1.20) (2.84) (7.86) (5.21) (0.29) 2.82 5.26 +3.5 pt
ROIC 4.33 (1.50) 0.12 (1.73) (8.45) (14.74) (11.59) (4.45) 2.61 8.37 +4.0 pt
ROE 2.16 (2.32) 1.39 (1.68) (4.15) (12.04) (8.44) (0.48) 4.99 10.51 +8.4 pt
People
People Employees 1,893 2,292 2,355 2,690 2,942 3,376 3,415 3,469 3,772 4,174 +9.2%
Revenue/emp, $m 0.27 0.28 0.31 0.28 0.25 0.24 0.27 0.28 0.32 0.35 +3.1%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Jul 2026 · latest quarter Jul 2026

Business profile

Updated

Guidewire Software sells software to property and casualty insurers—the companies that insure property, vehicles, businesses and other risks. Founded in 2001 and headquartered in San Mateo, Guidewire is led by Chief Executive Officer Mike Rosenbaum.

Its core products, InsuranceSuite and InsuranceNow, provide systems of record for insurance operations. They help insurers define products, set prices, underwrite risks, administer policies, bill customers and manage claims. Guidewire delivers both products as cloud subscriptions on its own cloud platform, which is hosted on Amazon Web Services.

Where the money comes from and where it goes Fiscal 2026

Fiscal 2026: revenue by segment, and margins
Reportable Segment 1,475 100.00%
Gross margin 64.21%
Operating margin 10.16%
Pre-tax margin 11.12%

Revenue by segment since 2010

Guidewire Software, Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
TYL Tyler Technologies, Inc. $17.1B 53.6× 45.9× +8.67% (above 0%: growing) +19.80% (above 0%: growing) +11.88% (above 0%: growing) 49.14% 18.07% Compare
FICO Fair Isaac Corporation $15.3B 20.4× 19.2× +25.68% (above 0%: growing) +39.65% (above 0%: growing) +34.07% (above 0%: growing) 87.09% 53.79% Compare
MANH Manhattan Associates, Inc. $14.8B 71.0× 68.4× +11.02% (above 0%: growing) +8.25% (above 0%: growing) −22.46% (below 0%: shrinking) 56.93% 26.45% Compare
DOCU Docusign Inc. $14.8B 47.3× 45.2× +9.38% (above 0%: growing) +32.26% (above 0%: growing) +35.89% (above 0%: growing) 79.69% 13.43% Compare
GRAB Grab Holdings Limited $14.2B 25.9× 19.3× +27.38% (above 0%: growing) −56.00% (below 0%: shrinking) +108.44% (above 0%: growing) 46.49% 9.71% Compare
GWRE Guidewire Software, Inc. $13.8B 101× 74.0× +15.29% (above 0%: growing) −38.71% (below 0%: shrinking) +16.42% (above 0%: growing) 65.60% 15.16%
BSY Bentley Systems, Incorporated $13.6B 43.3× 39.1× +12.24% (above 0%: growing) +61.11% (above 0%: growing) −8.34% (below 0%: shrinking) 82.93% 29.09% Compare
DT Dynatrace, Inc. $12.5B 79.3× 70.5× +17.43% (above 0%: growing) +23.84% (above 0%: growing) +29.38% (above 0%: growing) 80.56% 16.49% Compare
PAYC Paycom Software, Inc. $11.1B 23.8× 24.7× +10.24% (above 0%: growing) +52.79% (above 0%: growing) +105.01% (above 0%: growing) 0.00% 36.01% Compare
Median of peers $14.5B 45.3× 42.2× +11.63% +28.05% +31.73% 68.31% 22.26%

All 230 Software Application stocks →

From the latest earnings call

Updated

  • CEO Mike Rosenbaum said ProNavigator and Pricing Center performed better than anticipated at the start of the year, helping Guidewire broaden its product portfolio.
  • CFO Jeff Cooper said more than half of the net new ARR in the fiscal 2027 outlook was already under contract, with customer ramp dates defined.

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 101.70%
Held by the ten largest 57.81%
Holder Shares Stake Change
Vanguard 9.05m 10.87% −80.71k
BAMCO INC /NY/ 8.99m 10.80% +2.40m
BlackRock 8.91m 10.70% −418.04k
Linonia Partnership LP 6.93m 8.33% −717.65k
Darsana Capital Partners LP 3.80m 4.57% −196.00k
State Street 2.68m 3.22% +60.90k
JPMorgan Chase 2.25m 2.70% +1.39m
MFS Investment Management 2.03m 2.44% −966.43k
Route One Investment Company, L.P. 1.85m 2.22% 0.00
Geode Capital Management 1.64m 1.96% −73.07k
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 29 October 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2026 16.34m (6.96m) 131.89
2025 14.01m 46.10m 196.37
2024 11.27m 31.80m 130.27
2023 9.55m 11.21m 73.63
2022 10.08m 2.93m 67.47

Ownership

Directors and executive officers, together less than 1%
Baron Capital Group, Inc. 10.88%
BlackRock, Inc 10.41%
Linonia Partners Fund LP 9.26%
Vanguard Portfolio Management 5.59%
Vanguard Capital Management 5.44%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Guidewire Software, Inc. (GWRE) Latest News

30 Oct

Impact 3 · · Simply Wall St.

29 Oct

Impact 4 · · Insider Monkey
Impact 3 · · PR Newswire

28 Oct

Impact 4 · · PR Newswire
Impact 4 · · MarketBeat

27 Oct

Impact 4 · · TIKR
Impact 4 · · MarketBeat
Impact 4 · · PR Newswire
Impact 4 · · PR Newswire

22 Oct

Impact 4 · · MT Newswires
Impact 3 · · Simply Wall St.

20 Oct

Impact 3 · · Trefis

16 Oct

Impact 3 · · Trefis

12 Oct

Impact 3 · · StockStory

7 Oct

Impact 4 · · Simply Wall St.

5 Oct

Impact 4 · · PR Newswire

29 Sep

Impact 3 ·
Impact 3 · · PR Newswire
Impact 3 · · Zacks

23 Sep

Impact 4 · · Simply Wall St.
Impact 3 · · Simply Wall St.

22 Sep

Impact 4 ·

21 Sep

Impact 3 ·

16 Sep

Impact 3 ·

9 Sep

Impact 4 · · The Motley Fool transcript

7 Sep

Impact 3 · · MarketBeat

5 Sep

Impact 4 ·

4 Sep

Impact 4 ·
Impact 3 ·
Impact 3 ·

GWRE metrics, ten years each

stockrow.com/GWRE · Data as of Jul 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com