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. In the quarter to July 2026, revenue grew 15.3%, EPS fell 38.7%, free cash flow grew 16.4% and total debt was flat, each against the same quarter a year earlier. Revenue growth for ten consecutive years, operating cash flow growth for three.
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Guidewire Software, Inc. (GWRE) Piotroski F-score
Guidewire Software, Inc.'s Piotroski F-score for fiscal 2026 is 7 out of 9: 7 of nine tests of profitability, leverage and efficiency passed, unchanged from fiscal 2025.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2026 | 7 | 0.00 |
| FY2025 | 7 | 1.00 |
| FY2024 | 6 | 0.00 |
| FY2023 | 6 | 3.00 |
| FY2022 | 3 | 1.00 |
| FY2021 | 2 | (2.00) |
| FY2020 | 4 | (3.00) |
| FY2019 | 7 | 4.00 |
| FY2018 | 3 | (3.00) |
| FY2017 | 6 | — |
How fiscal 2026’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | 5.26% | 2.82% | Pass | 1 |
| Positive operating cash flow | 389.72m | 300.87m | Pass | 1 |
| Rising return on assets | 5.26% | 2.82% | Pass | 1 |
| Cash flow above net income | 250.43m | 231.06m | Pass | 1 |
| Falling long-term leverage | 0.26 | 0.27 | Pass | 1 |
| Rising current ratio | 1.79 | 2.77 | Fail | 0 |
| No new shares issued | 84,187,000 | 83,847,000 | Fail | 0 |
| Rising gross margin | 64.21% | 62.54% | Pass | 1 |
| Rising asset turnover | 0.56 | 0.49 | Pass | 1 |
| Piotroski F-score | Strong — most fundamentals improved | 7 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| MANH Manhattan Associates, Inc. compare | 7 |
| FICO Fair Isaac Corporation compare | 7 |
| GWRE Guidewire Software, Inc. | 7 |
| TYL Tyler Technologies, Inc. compare | 6 |
| HUBS HubSpot, Inc. compare | 6 |
| FROG JFrog Ltd. compare | 6 |
| DOCU Docusign Inc. compare | 6 |
| GRAB Grab Holdings Limited compare | 5 |
| FIG Figma, Inc. compare | 4 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover