Guidewire Software Inc. (GWRE) Earnings: Q1 2026 — Revenue Beats, EPS Slightly Misses

Guidewire Software Inc. (GWRE) — Q1 2026

Key financial highlights:

Total revenue: $356.6 million (up 35.63% year-over-year).

Gross profit: $231.8 million (up 46.35% YoY).

Cost of sales: $124.8 million (up 19.38% YoY).

Operating profit: $29.6 million (down 727.06% YoY).

Net income attributable to common shareholders: $52.0 million (up 468.45% YoY).

Diluted earnings per share: $0.60 (up 445.45% YoY).

Cash from operating activities: -$67.4 million (improved 8.17% YoY).

Purchases of property, plant and equipment: -$4.9 million (up 478.65% YoY).

Cash and cash equivalents: $492.0 million (down 40.25% YoY).

Total liabilities: $1.1 billion (down 16.77% YoY).

Performance versus Street expectations:

Revenue exceeded the consensus estimate of $323.0 million, beating by approximately $33.6 million.

Diluted EPS of $0.60 came in slightly below the estimate of $0.63, missing by about $0.03.

Notable takeaways:

Top-line growth was strong, with revenue up more than one-third versus a year ago.

Gross profit expanded faster than revenue, pushing gross margin to roughly 65%.

Despite strong net income growth and higher margins, operating profit showed a sharp YoY decline, a swing worth investigating in the company’s commentary and footnotes.

Operating cash flow remains negative but improved slightly year-over-year; capital spending picked up meaningfully versus the prior period.

Guidewire Software Inc. Insider Trading Activity

Guidewire Software Inc. insiders have traded $GWRE stock on the open market 62 times in the past 6 months. Of those trades, 0 have been purchases and 62 have been sales.

Here’s a breakdown of recent trading of $GWRE stock by insiders over the last 6 months:

MICHAEL GEORGE ROSENBAUM (Chief Executive Officer) has made 0 purchases and 28 sales selling 72,642 shares for an estimated $17,270,025.
JOHN P MULLEN (President) has made 0 purchases and 8 sales selling 41,010 shares for an estimated $9,677,671.
JEFFREY ELLIOTT COOPER (Chief Financial Officer) has made 0 purchases and 9 sales selling 26,049 shares for an estimated $6,398,407.
JAMES WINSTON KING (Chief Admin Officer, Gen Couns) has made 0 purchases and 10 sales selling 20,418 shares for an estimated $4,914,895.
MICHAEL C KELLER has made 0 purchases and 3 sales selling 2,860 shares for an estimated $695,420.
DAVID FRANKLIN PETERSON (Chief Accounting Officer) has made 0 purchases and 2 sales selling 2,811 shares for an estimated $689,693.
DAVID S BAUER has made 0 purchases and 2 sales selling 1,000 shares for an estimated $232,890.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Guidewire Software Inc. Hedge Fund Activity

We have seen 347 institutional investors add shares of Guidewire Software Inc. stock to their portfolio, and 343 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

LINONIA PARTNERSHIP LP added 915,841 shares (+27.0%) to their portfolio in Q3 2025, for an estimated $210,515,212
WELLINGTON MANAGEMENT GROUP LLP removed 424,206 shares (-31.7%) from their portfolio in Q3 2025, for an estimated $97,507,991
BAMCO INC /NY/ removed 420,669 shares (-7.5%) from their portfolio in Q3 2025, for an estimated $96,694,976
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 267,791 shares (-5.3%) from their portfolio in Q3 2025, for an estimated $61,554,439
NUVEEN, LLC added 258,882 shares (+115.4%) to their portfolio in Q3 2025, for an estimated $59,506,616
QUBE RESEARCH & TECHNOLOGIES LTD added 251,280 shares (+34.4%) to their portfolio in Q3 2025, for an estimated $57,759,220
BROWN CAPITAL MANAGEMENT LLC removed 234,852 shares (-36.2%) from their portfolio in Q3 2025, for an estimated $53,983,080

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Guidewire Software Inc. Congressional Stock Trading

Members of Congress have traded $GWRE stock 4 times in the past 6 months. Of those trades, 2 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $GWRE stock by members of Congress over the last 6 months:

REPRESENTATIVE LISA C. MCCLAIN has traded it 4 times. They made 2 purchases worth up to $30,000 on 08/04, 06/17 and 2 sales worth up to $30,000 on 08/13, 06/24.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

Guidewire Software Inc. Analyst Ratings

Wall Street analysts have issued reports on $GWRE in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Wells Fargo issued a "Overweight" rating on 09/05/2025
Baird issued a "Outperform" rating on 09/05/2025
JP Morgan issued a "Overweight" rating on 06/25/2025
RBC Capital issued a "Outperform" rating on 06/23/2025

To track analyst ratings and price targets for Guidewire Software Inc., check out Quiver Quantitative's $GWRE forecast page.

Guidewire Software Inc. Price Targets

Multiple analysts have issued price targets for $GWRE recently. We have seen 10 analysts offer price targets for $GWRE in the last 6 months, with a median target of $288.0.

Here are some recent targets:

Peter Heckmann from DA Davidson set a target price of $250.0 on 12/01/2025
Tyler Radke from Citigroup set a target price of $242.0 on 11/26/2025
Parker Lane from Stifel set a target price of $300.0 on 09/05/2025
Ken Wong from Oppenheimer set a target price of $300.0 on 09/05/2025
Rishi Jaluria from RBC Capital set a target price of $300.0 on 09/05/2025
Michael Turrin from Wells Fargo set a target price of $275.0 on 09/05/2025
Joe Vruwink from Baird set a target price of $288.0 on 09/05/2025