Skip to content
stoqly

Guidewire Software

GWRE NYSE Application Software Financials FY2017–FY2026

Guidewire Software's revenue rose 22.7% to $1.5 billion in fiscal 2026. Its operating margin was 10.2%, up from 3.4% a year earlier. Free cash flow was $378 million, up 28.0%. It paid out $606 million in dividends and buybacks, 161% of free cash flow. The diluted share count fell 0.6%.

Last close · Oct 23, 2026

$189.00

0.3%
Value it Compare
Revenue Total sales reported in the income statement.
$1.5B
22.7% vs prior year
Operating margin Operating income as a share of revenue.
10.2%
6.7 pts
Net income Profit after all expenses, interest and tax.
$139M
99.6%
Free cash flow Cash from operations minus capital spending.
$378M
28.0%
Return on capital After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
12.1%
7.3 pts
Market cap Last close times the latest diluted share count, so it is approximate.
$16.1B
Oct 23 close
P/E Last close divided by diluted earnings per share over the last four quarters.
—

What Guidewire Software does

No business description yet.

Legal name
Guidewire Software, Inc.
Fiscal year ends
July 31, 2026
Latest annual report
—
Accession · CIK
0001528396-26-000046
0001528396

Revenue and margins

Guidewire Software had $1.5B of revenue in fiscal 2026, up 22.7% on the year before.

Revenue
Revenue
Margins, % of revenue
Gross Operating Net FCF
Margins, % of revenue
Gross Operating Net FCF

Net income and earnings per share

From fiscal 2017 to 2026, diluted EPS grew 23.7% a year. Loss periods are shown in red.

Net income
Net income
Diluted EPS
Diluted EPS

Returns on capital

After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.

Return on capital, equity and assets (annual)
Return on capital Return on equity Return on assets

Cash flow

Free cash flow was $378M in fiscal 2026, 25.6% of revenue. Cash from operations minus capital spending.

Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations Capital spending
Cash from operations vs capital spending
Cash from operations Capital spending

Dividends, buybacks and share count

Guidewire Software returned $606M to shareholders in fiscal 2026, 161% of free cash flow. The diluted share count fell 0.6%.

Dividends and buybacks
Dividends Buybacks
Dividends and buybacks
Dividends Buybacks
Diluted shares outstanding (annual)

Value Guidewire Software yourself

Change the assumptions and see what they imply per share. These are models, not forecasts or price targets — the answer depends entirely on what you put in.

Discounted cash flow

Value per share

—

Adds net cash of $75.0M and divides by 85.4M diluted shares. Ten years of cash flows plus a terminal value, discounted to today.

Earnings multiple

Value per share

—

Reference multiples: today 116.0x · peers 35.2x · sector 33.0x.

Balance sheet

Cash, debt and the ratios that show how comfortably Guidewire Software can carry it.

Cash vs debt (incl. leases)
Cash Debt
Fiscal year endFY22FY23FY24FY25FY26
Cash and short-term investments $976M$799M$1.0B$1.1B$753M
Debt incl. finance leases $358M$397M$399M$675M$678M
Net debt / EBITDA ———−7.3x−0.4x
Debt / equity 0.3x0.3x0.3x0.5x0.6x
Interest coverage −10.3x−22.3x−7.8x3.1x11.3x
Current ratio 3.7x3.0x1.6x2.8x1.8x
Quick ratio 3.7x3.0x1.6x2.8x1.8x
Total assets $2.3B$2.0B$2.2B$2.7B$2.6B
Total liabilities $815M$828M$884M$1.3B$1.4B
Shareholders' equity $1.5B$1.2B$1.3B$1.5B$1.2B
Net debt (− = net cash) −$618M−$402M−$605M−$475M−$75.0M

Insider trades

Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.

Bought, 12 months

$0.0M

0 insiders

Sold, 12 months

$24.9M

5 insiders

Of sales under plans

77%

$19.1M

DateInsiderTradeSharesPriceValueFiling
Oct 20, 2026 John P MullenPresident Sold plan 5,400 $185.00 $1.0M Form 4
Oct 19, 2026 Michael George RosenbaumChief Executive Officer, Director Sold plan 1,200 $167.90 $0.2M Form 4
Sep 28, 2026 Michael George RosenbaumChief Executive Officer, Director Sold plan 1,200 $142.65 $0.2M Form 4
Sep 21, 2026 Michael George RosenbaumChief Executive Officer, Director Sold plan 1,200 $145.92 $0.2M Form 4
Sep 18, 2026 James Winston KingChief Admin Officer, Gen Couns Sold plan 1,381 $144.98 $0.2M Form 4
Sep 18, 2026 Jeffrey Elliott CooperChief Financial Officer Sold plan 9,941 $142.61 $1.4M Form 4
Sep 17, 2026 David Franklin PetersonChief Accounting Officer Sold plan 1,905 $144.47 $0.3M Form 4
Sep 17, 2026 James Winston KingChief Admin Officer, Gen Couns Sold plan 11,814 $144.47 $1.7M Form 4
Sep 17, 2026 Jeffrey Elliott CooperChief Financial Officer Sold plan 23,234 $144.47 $3.4M Form 4
Sep 17, 2026 John P MullenPresident Sold 39,683 $144.47 $5.7M Form 4
Sep 17, 2026 Michael George RosenbaumChief Executive Officer, Director Sold plan 72,290 $144.47 $10.4M Form 4
Sep 14, 2026 Michael George RosenbaumChief Executive Officer, Director Sold plan 1,200 $145.87 $0.2M Form 4

Piotroski F-score

Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.

TestFY24FY25FY26
Net income is positive ✕ ✓ ✓
Cash from operations is positive ✓ ✓ ✓
Return on assets rose ✓ ✓ ✓
Cash from operations exceeds net income ✓ ✓ ✓
Debt fell relative to assets ✕ ✕ ✓
Current ratio rose ✕ ✓ ✕
Share count didn't rise ✕ ✕ ✓
Gross margin rose ✓ ✓ ✓
Revenue rose relative to assets ✓ ✓ ✓
F-score 5 / 97 / 98 / 9
Accruals ratio −9.5%−9.3%−9.5%
Altman Z'' 1.872.971.33

Similar companies

Each company's latest fiscal year. Fiscal years end in different months, so periods don't line up exactly.

CompanyMarket capGrowthOp. marginFCF marginROICP/EF-score
Guidewire Software GWRE $16.1B 22.7% 10.2% 25.6% 12.1% — 8
Bentley Systems BSY $12.7B 11.0% 24.2% 34.6% 12.3% 43.6x 9 Compare →
Dolby DLB $5.9B 5.9% 19.6% 32.3% 11.4% 26.7x 5 Compare →
Samsara IOT $26.5B 29.6% −3.3% 12.8% — — — Compare →
Bill BILL $5.1B 13.0% −4.4% 25.0% −1.7% — 4 Compare →

10 years of figures

US$ millions unless stated. Hover a ratio's name for its definition.

Download CSV
Fiscal yearFY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Income statement
Revenue $510M $653M $720M $742M $743M $813M $905M $981M $1.2B $1.5B
Gross profit $318M $356M $395M $404M $390M $377M $458M $583M $752M $947M
Research and development $130M $172M $189M $201M $202M $229M $250M $269M $296M $340M
Operating income $21.9M −$15.6M $1.5M −$23.9M −$106M −$199M −$150M −$52.6M $41.1M $150M
Interest expense $0.0M $6.4M $17.3M $17.9M $18.7M $19.4M $6.7M $6.7M $13.2M $13.3M
Pretax income $28.5M −$8.3M $12.5M −$24.3M −$104M −$230M −$134M −$26.8M $49.4M $164M
Income tax $10.5M $18.5M −$8.3M $2.9M −$37.8M −$49.3M −$22.2M −$20.7M −$20.4M $24.8M
Net income $18.1M −$26.7M $20.7M −$27.2M −$66.5M −$180M −$112M −$6.1M $69.8M $139M
Diluted EPS $0.24 −$0.34 $0.25 −$0.33 −$0.79 −$2.16 −$1.36 −$0.07 $0.81 $1.63
Diluted shares 0.08B 0.08B 0.08B 0.08B 0.08B 0.08B 0.08B 0.08B 0.09B 0.09B
Cash flow
Cash from operations $139M $141M $116M $113M $112M −$37.9M $38.4M $196M $301M $390M
Capital expenditure $5.9M $9.4M $44.9M $21.4M $19.0M $9.5M $5.8M $6.4M $5.7M $12.1M
Free cash flow $133M $131M $71.2M $91.7M $92.6M −$47.5M $32.6M $189M $295M $378M
Depreciation and amortization $18.7M $35.6M $40.0M $42.6M $37.0M $33.5M $24.8M $22.3M $23.8M $28.0M
Stock-based compensation $71.8M $89.6M $91.5M $102M $115M $137M $143M $147M $162M $182M
Acquisitions $188M $130M $0.0M $0.0M $0.0M $43.8M $0.0M $0.0M $26.8M $38.0M
Share buybacks $0.0M $0.0M $0.0M $0.0M $161M $37.5M $262M $0.0M $0.0M $606M
Dividends paid $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M
Dividends and buybacks $0.0M $0.0M $0.0M $0.0M $161M $37.5M $262M $0.0M $0.0M $606M
Balance sheet
Cash and short-term investments $573M $1.1B $1.1B $1.1B $1.1B $976M $799M $1.0B $1.1B $753M
Total debt — $305M $317M $330M $344M $358M $397M $399M $675M $678M
Finance lease liabilities $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M
Current assets $679M $1.2B $1.3B $1.3B $1.4B $1.3B $1.1B $1.3B $1.5B $1.2B
Current liabilities $168M $238M $232M $225M $300M $338M $373M $838M $545M $665M
Inventory $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M
Property and equipment, net $14.4M $18.6M $65.8M $65.2M $80.1M $80.7M $54.5M $55.4M $60.4M $67.8M
Total assets $1.1B $2.0B $2.2B $2.4B $2.3B $2.3B $2.0B $2.2B $2.7B $2.6B
Total liabilities $190M $568M $593M $708M $777M $815M $828M $884M $1.3B $1.4B
Shareholders' equity $889M $1.4B $1.6B $1.7B $1.5B $1.5B $1.2B $1.3B $1.5B $1.2B
Margins
Gross margin 62.4% 54.5% 54.9% 54.5% 52.4% 46.4% 50.6% 59.5% 62.5% 64.2%
Operating margin 4.3% −2.4% 0.2% −3.2% −14.2% −24.5% −16.5% −5.4% 3.4% 10.2%
EBITDA margin 8.0% 3.1% 5.8% 2.5% −9.2% −20.4% −13.8% −3.1% 5.4% 12.1%
Net margin 3.6% −4.1% 2.9% −3.7% −9.0% −22.2% −12.4% −0.6% 5.8% 9.4%
FCF margin 26.1% 20.1% 9.9% 12.4% 12.5% −5.8% 3.6% 19.3% 24.5% 25.6%
Returns
Return on capital — — 0.2% −2.3% −10.3% −19.7% −14.5% −5.4% 4.8% 12.1%
Return on capital employed 2.6% −1.2% 0.1% −1.2% −5.1% −10.1% −8.3% −3.5% 2.3% 7.3%
Return on equity 2.2% −2.3% 1.4% −1.7% −4.2% −12.0% −8.4% −0.5% 5.0% 10.5%
Return on assets 1.8% −1.8% 1.0% −1.2% −2.8% −7.9% −5.2% −0.3% 2.8% 5.3%
Growth
Revenue growth 20.1% 28.1% 10.2% 3.2% 0.1% 9.3% 11.4% 8.3% 22.6% 22.7%
Net income growth 20.7% −248.0% — −231.2% — — — — — 99.5%
EPS growth 20.0% −241.7% — −232.0% — — — — — 101.2%
FCF growth 43.2% −1.4% −45.7% 28.8% 1.0% −151.3% — 481.4% 55.8% 28.0%
Share count change 2.1% 3.2% 6.4% 0.2% 0.9% −0.0% −1.7% 0.1% 4.4% −0.6%
Financial health
Net debt / EBITDA — −38.1x −19.5x −42.8x — — — — −7.3x −0.4x
Debt / equity — 0.2x 0.2x 0.2x 0.2x 0.3x 0.3x 0.3x 0.5x 0.6x
Interest coverage 1,681.6x −2.4x 0.1x −1.3x −5.6x −10.3x −22.3x −7.8x 3.1x 11.3x
Current ratio 4.0x 5.1x 5.8x 6.0x 4.5x 3.7x 3.0x 1.6x 2.8x 1.8x
Quick ratio 4.0x 5.1x 5.8x 6.0x 4.5x 3.7x 3.0x 1.6x 2.8x 1.8x
Capital allocation
Capex / revenue 1.2% 1.4% 6.2% 2.9% 2.6% 1.2% 0.6% 0.7% 0.5% 0.8%
Stock comp / revenue 14.1% 13.7% 12.7% 13.7% 15.5% 16.9% 15.8% 14.9% 13.4% 12.3%
Payouts / FCF 0.0% 0.0% 0.0% 0.0% 174.3% — 803.7% 0.0% 0.0% 160.5%
Quality scores
Piotroski F-score — — 7.0 4.0 2.0 3.0 6.0 5.0 7.0 8.0
Altman Z'' 8.3 6.0 6.4 5.7 4.7 3.5 2.4 1.9 3.0 1.3
Accruals ratio −12.1% −10.9% −4.6% −6.2% −7.6% −6.2% −7.0% −9.5% −9.3% −9.5%

Source: SEC EDGAR XBRL filings (CIK 0001528396). Data updated October 16, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.

↑ ↓ to move · ↵ to open