Filing Flows › Guidewire Software (GWRE) › Q4 FY26 › vs Q4 FY25
Guidewire Software (GWRE) Q4 FY26 vs Q4 FY25 (year over year)
Guidewire Software's revenue rose $54.5M (+15%) from $357M in Q4 FY25 to $411M in Q4 FY26. Gross margin 65.6% against 65.0% (+0.6 pts).
Guidewire Software, Q4 FY26: revenue $411M (+15% year over year), operating margin 15.2%, net earnings $31.4M, operating cash flow $284M. The chart draws each line against Q4 FY25, the increases inside each band.
Margins
| Q4 FY26 | Q4 FY25 | Change | |
|---|---|---|---|
| Gross margin | 65.6% | 65.0% | +0.6 pts |
| Operating margin | 15.2% | 8.3% | +6.9 pts |
| Net margin | 7.6% | 14.6% | -6.9 pts |
| Free cash flow margin | 68.5% | 67.7% | +0.8 pts |
Every line
| Line | Q4 FY26 | Q4 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $411M | $357M | $54.5M | +15% |
| Gross profit | $270M | $232M | $37.9M | +16% |
| Cost of revenue | $141M | $125M | $16.6M | +13% |
| Operating profit | $62.3M | $29.6M | $32.7M | +111% |
| Operating expenses | $207M | $202M | $5.1M | +3% |
| Pre-tax earnings | $45.3M | $41.0M | $4.3M | +11% |
| Other expense, net | $17.0M | −$11.4M | $28.4M | — |
| Research & development | $90.6M | $84.1M | $6.5M | +8% |
| Sales & marketing | $65.0M | $65.6M | −$645K | -1% |
| General & admin | $51.8M | $52.5M | −$698K | -1% |
| Net earnings | $31.4M | $52.0M | −$20.6M | -40% |
| Income tax | $13.9M | −$11.0M | $24.9M | — |
| Depreciation & amortization | $7.3M | $6.2M | $1.1M | +18% |
| Share-based compensation | $46.8M | $42.2M | $4.6M | +11% |
| Working capital & other | $198M | $144M | $53.9M | +37% |
| Operating cash flow | $284M | $245M | $39.1M | +16% |
| Free cash flow (OCF − capex) | $282M | $241M | $40.3M | +17% |
| Capital expenditures | $2.1M | $3.4M | −$1.3M | -38% |
Questions
How much did Guidewire Software's revenue grow year over year in Q4 FY26?
Guidewire Software's revenue rose $54.5M (+15%) from $357M in Q4 FY25 to $411M in Q4 FY26. Gross margin 65.6% against 65.0% (+0.6 pts).