Guidewire Software, Inc. earnings

Guidewire closed fiscal 2026 with fourth-quarter revenue of $411.09 million, up 15.3% from the prior-year quarter. Gross profit rose 16.3% to $269.68 million, and operating income more than doubled to $62.32 million, up 110.6%.

Guidewire's fiscal 2026 third quarter showed strong top-line momentum. Revenue rose 26.9% to $372.5 million. Gross profit increased 29.5% to $236.6 million. Operating income climbed 585.7% to $30.6 million. Gross margin expanded to 63.5% from 62.2%, up 1.3 percentage points.

Guidewire reported $359.1 million of revenue for the fiscal 2026 second quarter, up 24.0% from the same quarter a year earlier. Subscription and support revenue did the heavy lifting at $237.2 million, a 33% increase, and services revenue rose 30% to $62.4 million.

Guidewire opened fiscal 2026 with broad top-line and margin expansion. Revenue for the first quarter ended October 31, 2025 was $332.6 million, up 26.5% from the prior-year quarter. Gross profit rose 32.3% to $209.5 million. Operating income was $18.5 million, up 491.5% and swung to a profit.

Guidewire closed fiscal 2025 with a strong fourth quarter. Total revenue for the quarter ended July 31, 2025 was $356.6 million, up 22.3% from the prior-year quarter. Gross profit rose 24.3% to $231.8 million, and gross margin improved to 65.0%, up 1.1 percentage points.

Guidewire Software reported fiscal 2025 third-quarter revenue of $293.5 million, up 22.0% from the prior-year quarter. Gross profit reached $182.7 million, up 28.5%, and gross margin expanded to 62.2%, up 3.2 percentage points.

Guidewire's fiscal 2025 second quarter, ended January 31, 2025, produced $289.48 million in revenue, up 20.2% from the prior-year quarter. Gross profit was $179.15 million, up 25.8%. Operating income was $11.72 million, up 194.5%, swinging to a profit from a loss.

Guidewire opened fiscal year 2025 with total revenue of $262.9 million in the first quarter, up 26.8% from $207.4 million a year earlier. The company swung to a GAAP profit, posting net income of $9.1 million against a net loss of $27.1 million in the prior-year quarter. Diluted EPS was $0.11 versus a loss of $0.33.

Guidewire closed fiscal 2024 with fourth-quarter revenue of $291.5 million, up 8.0% from the prior-year quarter. Gross profit rose 13.9% to $186.4 million, and operating income climbed 69.2% to $10.3 million.

Guidewire reported FY2024 Q3 revenue of $240.7 million, up 16% from $207.5 million in FY2023 Q3. The quarter featured eight cloud deals, and management said InsuranceSuite cloud wins rose 33% year to date, with migration activity accelerating, particularly in Asia Pacific.

Guidewire's fiscal 2024 second quarter showed steady top-line growth and a sharp improvement in profitability. Total revenue was $240.9 million, up 3.6% from the prior-year quarter. For the six months ended January 31, 2024, revenue was $448.3 million, up 4.8%.

Guidewire closed the first quarter of fiscal 2024 with revenue of $207.4 million, up 6.2% from the prior-year quarter. The top line continues to shift toward cloud subscriptions, with subscription growth offsetting declines in services and license revenue.

Guidewire closed fiscal 2023 with a strong fourth quarter. Revenue was $269.96 million, up 10.4% from the prior-year quarter. Gross profit rose to $163.68 million, up 33.4%, and gross margin reached 60.6%, up 10.5 percentage points.

Guidewire reported FY2023 Q3 total revenue of $207.5 million, up 5.1% from the prior-year quarter. The quarter included eight cloud deals. Annual recurring revenue reached $722 million as of April 30, 2023, compared to $664 million as of July 31, 2022.

Guidewire closed eight cloud transactions in the second quarter of fiscal 2023. Total revenue was $232.6 million, up 13.7% from the prior-year quarter. Gross profit was $123.5 million, up 20.8%. Gross margin was 53.1%, up 3.1 percentage points. Operating margin was negative 10.0%, up 9.3 percentage points.

Guidewire reported total revenue of $195.3 million for the first quarter of fiscal 2023, up 17.7% from $165.9 million in the same quarter a year earlier. Subscription and support revenue again outpaced the total, while license revenue slipped as customers keep moving from term licenses to cloud subscriptions.

Guidewire closed fiscal 2022 with fourth quarter revenue of $244.6 million, up 6.6% from the same quarter a year earlier. The mix kept tilting toward recurring business. Subscription and support revenue reached $93.6 million, up 34%, and services revenue rose 13% to $56.2 million.

Guidewire's fiscal third quarter delivered strong top-line growth but wider losses. Total revenue was $197.4 million, up 20.4% from the prior-year quarter. Year-to-date revenue was $568.02 million, up 10.5%. Gross profit was $76.96 million, up 7.0%, while gross margin slipped to 39.0%, down 4.9 percentage points.

Guidewire reported total revenue of $204.63 million for the second quarter of fiscal year 2022, an increase of 13.6% from the same quarter a year earlier. The mix tilted further toward recurring business. Subscription revenue rose 64%, services revenue rose 19%, and license revenue fell 10%.

Guidewire Software reported first-quarter fiscal 2022 revenue of $165.9 million, down 2.3% from the prior-year quarter. Gross profit was $62.8 million, down 20.4%, and gross margin was 37.8%, down from the prior-year quarter.

Guidewire's fiscal fourth quarter of 2021 showed a business still shifting toward the cloud. Total revenue was $229.4 million for the quarter, down 5.8% from the prior-year quarter. Full-year revenue was $743.3 million, essentially flat. Gross profit was $129.3 million in the quarter, down 17.0% from a year earlier.

Guidewire Software closed its fiscal third quarter with a smaller top line and a wider loss. Total revenue for the quarter ended April 30, 2021 was $163.97 million, down 2.5% from $168.16 million a year earlier. Gross profit fell 12.8% to $71.90 million. Gross margin dropped to 43.9% from 49.0%.

Guidewire Software reported fiscal 2021 second-quarter revenue of $180.06 million, up 3.8% from a year earlier. Gross profit was $88.16 million, down 1.9%, and gross margin slipped to 49.0%, down 2.8 percentage points. The GAAP operating loss was $27.07 million, and the loss widened from a year earlier.

Guidewire Software reported first-quarter fiscal 2021 revenue of $169.8 million, up 8.1% from $157.0 million in the prior-year quarter. Gross profit rose 3.5% to $78.8 million, but gross margin slipped to 46.4% from 48.5%, a decline of 2.1 percentage points. The top line expanded, yet the profit picture worsened.