Friday 6 November 2026 Export GWRE’s income statement to Excel — free account

Guidewire Software, Inc.

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

161.49 5.86 −3.50%

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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 Segments Valuation Filings

Guidewire Software, Inc. (GWRE) revenue by segment, product and region

Where the money comes from and where it goes

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 product or service $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017
Subscription	916 62.07%	667 55.51%	477 48.70%	352 38.90%	259 31.90%	169 22.69%	120 16.12%	65 9.04%	33 5.12%	—
Services	270 18.29%	219 18.23%	181 18.48%	210 23.20%	210 25.88%	187 25.17%	207 27.92%	249 34.57%	267 40.82%	174 34.18%
Support	55 3.73%	64 5.31%	72 7.31%	78 8.56%	84 10.40%	84 11.26%	84 11.29%	85 11.87%	77 11.85%	69 13.47%
Perpetual License	0 0.00%	0 0.01%	1 0.13%	0 0.02%	0 0.02%	0 0.06%	3 0.41%	2 0.30%	12 1.81%	—
License	—	—	—	265 29.31%	258 31.80%	303 40.81%	328 44.25%	318 44.22%	264 40.41%	—
License And Subscription	—	—	—	—	—	—	—	—	—	267 52.34%
License	—	—	—	266	259	304	332	320	276	—
Subscription and support	971	731	549	430	344	252	203	150	111	—
Revenue	1,475	1,202	980	905	813	743	742	720	653	510

Gross profit by product or service $m, and margin

	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017
Subscription and support	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Services	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
License	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
License And Subscription	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Support	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by segment $m

Line	FY2026	FY2025	FY2024	FY2023
Reportable Segment	1,475 100.00%	1,202 100.00%	980 100.00%	905 100.00%
Revenue	1,475	1,202	980	905

Operating income by segment $m, and margin

	FY2026	FY2025	FY2024	FY2023
Reportable Segment	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡
Operating income	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
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	‡	‡	‡	‡
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Revenue by region $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
U.S.	938 63.57%	771 64.11%	633 64.52%	574 63.39%	516 63.55%	472 63.52%	463 62.31%	447 62.07%	410 62.76%	301 59.09%	231 54.41%	208 54.69%	204 58.19%	173 57.47%	127 54.94%	90 52.02%	86 59.22%
Canada withholding tax refund	175 11.86%	141 11.76%	106 10.79%	106 11.67%	100 12.31%	75 10.11%	59 7.95%	47 6.53%	46 6.98%	51 10.00%	45 10.54%	38 9.94%	39 11.16%	43 14.18%	36 15.38%	25 14.28%	15 10.60%
Total APAC	115 7.78%	95 7.90%	76 7.78%	71 7.83%	67 8.29%	60 8.06%	64 8.58%	71 9.93%	67 10.19%	57 11.14%	55 12.90%	36 9.35%	26 7.48%	30 10.01%	34 14.72%	—	—
Other Americas	21 1.41%	12 0.97%	11 1.17%	12 1.36%	10 1.28%	14 1.91%	19 2.51%	18 2.52%	19 2.93%	19 3.82%	18 4.27%	7 1.88%	8 2.31%	7 2.31%	4 1.66%	—	—
Other EMEA	—	—	—	—	—	90 12.05%	90 12.11%	96 13.40%	75 11.52%	49 9.56%	42 9.87%	47 12.47%	35 10.04%	28 9.16%	15 6.32%	—	—
United Kingdom	—	—	—	—	—	32 4.34%	49 6.54%	40 5.56%	37 5.61%	33 6.39%	34 8.02%	44 11.67%	38 10.82%	21 6.87%	16 6.99%	17 10.07%	14 9.81%
Other Countries	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	23 13.55%	22 15.50%
Australia	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	17 10.08%	7 4.88%
Total Americas	1,134	924	750	692	627	561	540	512	474	371	294	253	251	222	167	—	—
Total EMEA	—	—	—	—	—	122	138	136	112	81	76	92	73	48	31	—	—
Revenue	1,475	1,202	980	905	813	743	742	720	653	510	424	381	350	301	232	172	145

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Annual recurring revenue	Q3 FY2026	$1.1B	$960.0M	+19.48%
Cloud deals	Q4 FY2025	19.00	—	—
Remaining performance obligations	Q4 FY2026	$4.3B	$3.1B	+38.71%

	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023	Q2 FY2023	Q1 FY2023	Q4 FY2022	Q3 FY2022	Q2 FY2022	Q1 FY2022	Q4 FY2021	Q3 FY2021	Q2 FY2021	Q1 FY2021	Q4 FY2020	Q3 FY2020	Q2 FY2020	Q1 FY2020	Q4 FY2019	Q3 FY2019	Q2 FY2019	Q1 FY2019
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Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.