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Guidewire Software vs Procore Technologies: GWRE and PCOR compared
Guidewire Software is the larger company: $411M of revenue in its latest quarter (Q4 FY26) against $402M for Procore Technologies (Q3 2026). Procore Technologies is growing faster (+19% against +15% a year earlier). Guidewire Software is more profitable, with an operating margin of 15.2% against -1.8%.
Where the money goes: GWRE and PCOR
Guidewire Software (GWRE) · Q4 FY26
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.
Procore Technologies (PCOR) · Q3 2026
Procore Technologies, Q3 2026: revenue $402M (+19% year over year), operating margin -1.8%, net loss $4.6M, operating cash flow $95.7M. The chart follows the revenue to costs, profit and cash.
| Guidewire Software (GWRE) | Procore Technologies (PCOR) | |
|---|---|---|
| Latest quarter | Q4 FY26 | Q3 2026 |
| Revenue | $411M | $402M |
| Revenue growth, Y/Y | +15% | +19% |
| Gross margin | 65.6% | — |
| Operating margin | 15.2% | -1.8% |
| Net earnings | $31.4M | −$4.6M |
| Net margin | 7.6% | -1.1% |
| Operating cash flow | $284M | $95.7M |
| Free cash flow | $282M | $73.0M |
| Market value | $13.7B | $11.3B |
| P/E | 98.6× | — |
| Analysts’ mean target | $213.64 | $74.23 |
Where the revenue comes from
Guidewire Software
- Subscription and support: $267M (65%)
- License: $77.1M (19%)
- Services: $67.3M (16%)
Questions
Which is bigger, Guidewire Software or Procore Technologies?
Guidewire Software is the larger company: $411M of revenue in its latest quarter (Q4 FY26) against $402M for Procore Technologies (Q3 2026).
Is Guidewire Software or Procore Technologies growing faster?
Procore Technologies is growing faster (+19% against +15% a year earlier).
Which is more profitable, Guidewire Software or Procore Technologies?
Guidewire Software is more profitable, with an operating margin of 15.2% against -1.8%.
More: Guidewire Software earnings · how Guidewire Software makes money · Procore Technologies earnings · how Procore Technologies makes money
From the companies' latest 10-Q, 10-K or earnings release (10-K filed Sep 11, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.