Guidewire Software(NYSE) GWRE

Guidewire Software, Inc. helps insurance companies manage their daily business operations. Its tools help insurers sell policies and handle customer claims. These products allow providers to work faster using cloud technology.

Software for Modern Insurance

• Subscription and Support: Cloud-based services and software maintenance for insurance providers; represents 66% of total revenue in fiscal year 2026.
• License Revenue: Fees for software used on the customer's own computer systems; accounts for 16% of total revenue in fiscal year 2026.
• Services Revenue: Professional help with software installation and cloud migration projects; makes up 18% of total revenue in fiscal year 2026.
• Guidewire Cloud Platform: The company's proprietary infrastructure used to deliver applications through a subscription model.
• Marketplace: A collection of over 415 vetted applications that allow insurers to add new features.

Growing the Digital Network

• Authorized a new share repurchase program of up to $500 million in January 2026.
• Completed a previous $400 million share repurchase program in December 2025.
• Introduced AI-powered applications like UnderwritingCenter to help insurers make faster decisions using artificial intelligence.
• Expanded property risk data services to 19 countries through the HazardHub platform.

What Makes Guidewire Different?

Guidewire operates an extensive ecosystem that connects insurers with a network of global system integrators and technology partners. Its platform manages millions of critical transactions daily while helping insurers transition from older systems to more agile cloud environments.

Measuring Financial Success

• Total revenue reached $1.48 billion in fiscal year 2026, up 23% year over year.
• Subscription revenue hit $915.8 million in fiscal year 2026, an increase of 37% year over year.
• Annual recurring revenue grew to $1.24 billion as of July 31, 2026, up 19% year over year.
• Free cash flow rose to $358.7 million in fiscal year 2026 from $280.4 million in fiscal year 2025.
• Net income was $139.3 million in fiscal year 2026.

Bottom Line

Guidewire has shifted its business from selling software licenses to providing cloud-based subscriptions. This evolution has created more predictable revenue while helping the global insurance industry modernize its digital tools.