Slide 1: Condensed Consolidated Statement of Operations - GAAP
Guidewire Software, Inc. and Subsidiaries Condensed Consolidated Statement of Operations - GAAP (unaudited, in thousands except share and per share data) Description Q1 2025 Q2 2025 Q3 2025 Q4 2025 FY 2025 Q1 2026 Revenue: Subscription and support $ 169,742 $ 177,838 $ 181,823 $ 201,893 $ 731,296 $
Slide 2: Condensed Consolidated Statement of Operations - GAAP (EPS and shares)
Guidewire Software, Inc. and Subsidiaries Condensed Consolidated Statement of Operations - GAAP (unaudited, in thousands except share and per share data) Description Q1 2025 Q2 2025 Q3 2025 Q4 2025 FY 2025 Q1 2026 Earnings per share: Basic $ 0.11 $ (0.45) $ 0.55 $ 0.62 $ 0.83 $ 0.37 Diluted $ 0.11 $
Slide 3: Condensed Consolidated Statement of Operations - Non-GAAP Adjustments
Guidewire Software, Inc. and Subsidiaries Condensed Consolidated Statement of Operations - Non-GAAP Adjustments (unaudited, in thousands) Description Q1 2025 Q2 2025 Q3 2025 Q4 2025 FY 2025 Q1 2026 Amortization of intangibles $ 485 $ 485 $ 485 $ 800 $ 2,255 $ 808 Stock-based compensation 3,140 3,773
Slide 4: Condensed Consolidated Statement of Operations - Other Reconciliations
Guidewire Software, Inc. and Subsidiaries Condensed Consolidated Statement of Operations - Other Reconciliations (unaudited) Description Q1 2025 Q2 2025 Q3 2025 Q4 2025 FY 2025 Q1 2026 Reconciliation of GAAP to Non-GAAP earnings per share: GAAP diluted earnings per share $ 0.11 $ (0.45) $ 0.54 $ 0.6
Slide 5: Condensed Consolidated Statement of Operations - Key Metrics
Guidewire Software, Inc. and Subsidiaries Condensed Consolidated Statement of Operations - Key Metrics (unaudited, in thousands) Description Q1 2025 Q2 2025 Q3 2025 Q4 2025 FY 2025 Q1 2026 Annual recurring revenue (in millions): Annual recurring revenue (1) $ 874 $ 918 $ 960 $ 1,032 $ 1,041 $ 1,063
Slide 6: Non-GAAP Gross Profit Reconciliations
Guidewire Software, Inc. and Subsidiaries Condensed Consolidated Statement of Operations - Non-GAAP Gross Profit Reconciliations (unaudited, in thousands except percentage) Description Q1 2025 Q2 2025 Q3 2025 Q4 2025 FY 2025 Q1 2026 Gross profit reconciliation: GAAP gross profit $ 158,392 $ 179,152
Slide 7: Condensed Consolidated Statement of Operations - Non-GAAP Reconciliations
Guidewire Software, Inc. and Subsidiaries Condensed Consolidated Statement of Operations - Non-GAAP Reconciliations (unaudited, in thousands) Description Q1 2025 Q2 2025 Q3 2025 Q4 2025 FY 2025 Q1 2026 Income (loss) from operations reconciliation: GAAP income (loss) from operations $ (4,720) $ 11,72