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Guidewire Software (GWRE) Q4 FY26 earnings results (fourth quarter fiscal 2026)

10-K filed Sep 11, 2026

Guidewire Software (GWRE) reported revenue of $411M for the fourth quarter fiscal 2026 (Q4 FY26), +15% from a year earlier and +10% from the quarter before. Operating margin was 15.2%, net earnings $31.4M (7.6% of revenue).

Revenue$411M
Year over year+15%
Quarter over quarter+10%
Operating margin15.2%
Net earnings$31.4M

Guidewire Software, Q4 FY26: revenue $411M (+15% year over year), operating margin 15.2%, net earnings $31.4M, operating cash flow $284M. The chart follows the revenue to costs, profit and cash.

Q4 FY26AmountQ/QY/Y
Revenue$411M+10%+15%
Gross profit$270M+14%+16%
Operating profit$62.3M+103%+111%
Net earnings$31.4M+91%-40%
Operating cash flow$284M+364%+16%
Free cash flow$282M+374%+17%

What changed

Revenue was $411.1M in Q4 FY26, up 15% year over year and up 10% from the previous quarter. Subscription was the largest line at 62% of revenue.

Gross margin was 65.6%, up 0.6 points from Q4 FY25. Operating profit was $62.3M, a 15.2% margin (up 6.9 points year over year). Of the extra revenue versus Q4 FY25, 60% reached operating profit, above the 8% margin then. Operating expenses grew 3% against revenue growth of 15%. Net earnings were $31.4M, down 40% year over year. The effective tax rate was 30.7%.

Operating cash flow was $283.9M (up 16% year over year), 904% of net earnings. Non-cash charges added back $7.3M of depreciation and amortization and $46.8M of share-based compensation. Working capital and other items added $198.4M. Capital expenditures of $2.1M left free cash flow of $281.8M.

Questions

What was Guidewire Software's revenue in the fourth quarter fiscal 2026?

Guidewire Software (GWRE) reported revenue of $411M for the fourth quarter fiscal 2026 (Q4 FY26), +15% from a year earlier and +10% from the quarter before.

Was Guidewire Software profitable in the fourth quarter fiscal 2026?

Operating profit was $62.3M (15.2% of revenue) and net earnings $31.4M.

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Source: Guidewire Software 10-K on SEC EDGAR.