Guidewire Software, Inc. · NYSE:GWRE
Guidewire Software — Q4 2026 Earnings Presentation
19 slides from Guidewire Software's earnings presentation, Sep 3, 2026
Slide 1: Q4 Fiscal 2026 Earnings
Q4 Fiscal 2026 Earnings September 3, 2026
Slide 2: Safe Harbor
Safe Harbor This presentation contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook, strategic initiatives, and future business momentu
Slide 3: Statement Regarding Use of Non-GAAP Financial Measures and Other Metrics
Statement Regarding Use of Non-GAAP Financial Measures and Other Metrics This presentation contains the following non-GAAP financial measures: non-GAAP gross profit, non-GAAP gross margin, non-GAAP subscription and support gross margin, non-GAAP operating margin, non-GAAP income (loss) from operatio
Slide 4: Our mission
Our mission is to power insurance agility with the platform P&C insurers trust to engage, innovate, and grow efficiently 4
Slide 5: The P&C industry is large, global, concentrated, and complex
The P&C industry is large, global, concentrated, and complex Property & Casualty ~$3.0T DWP Insurance ● Durable industry with $3T in global direct written premium (DWP) and steadily ~90 Tier 1 ~$2.0T APAC Insurers DWP > $5B DWP AMER growing in-line with GDP ~250 Tier 2 ~$0.6T ● Led by many segments
Slide 6: Guidewire is the P&C industry’s leading core platform
Guidewire is the P&C industry’s leading core platform ● Insurance is a highly regulated, trust-based industry Guidewire Cloud Platform that evolves deliberately and depends on precision, Marketplace resilience, compliance, and accuracy at scale By Line of Business Guidewire Extensions Partner Extens
Slide 7: Our 25-year commitment to P&C has created a durable business
Our 25-year commitment to P&C has created a durable business $1,242 ARR (in $millions) 1,000 750 500 250 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Note: Rolling 4 quarter recurring revenue used as proxy for ARR through Q3'17. Quarterly ARR uses FX rate at t
Slide 8: Q4’FY26 financial results reflect continued momentum
Q4’FY26 financial results reflect continued momentum Revenue Gross Margin Operating Income ARR Total Revenue Subscription and Operating Income Support Gross Margin (GAAP) $1.242B1 $411M $62M +19% YoY +15% YoY 74% 76% +111% YoY and 15% of revenue (GAAP) (non-GAAP) +7 pts YoY +6 pts YoY +6 pts YoY Sub
Slide 9: Some notable Q4’FY26 Wins
Strong deal activity for Guidewire Cloud Platform, including one or more of our cloud insurance suite modules or InsuranceNow. Notable wins included: Nationwide, a Fortune 100 company, signed a multi-year agreement to move its entire InsuranceSuite estate to Guidewire Cloud Platform, capping a long-
Slide 10: Strong and durable revenue growth
Strong and durable revenue growth ARR Subscription & Support Revenue 19% 20% (in $millions) (in $millions) 33% 19% 33% 32% Note: Annual ARR Growth is based on in-year constant currency FX rates. FY25 Growth is based on $864M at the start of FY25 and $1,032M at the end of FY25, using FY25 constant cu
Slide 11: Profitability increasing with scale, efficiency, and discipline
Profitability increasing with scale, efficiency, and discipline (in $millions) 11 Note: Please see Appendix for a reconciliation of Non-GAAP financial measures to the most comparable GAAP measures for periods shown above.
Slide 12: Maintaining strategic flexibility and share repurchase discipline
Maintaining strategic flexibility and share repurchase discipline Updated capital allocation framework Cash Generation Strong Balance Sheet Excess Cash Priorities $390M $1.2B Potential M&A Targeted acquisitions focused FY26 Cash Flow Q4 Cash & Investments on product expansion from Operations 26% $40
Slide 13: Condensed Consolidated Statement of Operations - GAAP
Condensed Consolidated Statement of Operations - GAAP (unaudited, in thousands except share and per share data) Description Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026 FY 2024 FY 2025 FY 2026 Revenue: Subscription and support $ 169,742 $ 177,838 $ 181,823 $ 201,893 $ 222,203 $ 23
Slide 14: Condensed Consolidated Statement of Operations - Key Metrics
Condensed Consolidated Statement of Operations - Key Metrics (unaudited, in thousands) Description Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026 FY 2024 FY 2025 FY 2026 Subscription revenue $ 152,858 $ 161,659 $ 166,464 $ 186,455 $207,459 $ 222,724 $ 232,129 $ 253,480 $ 477,461 $66
Slide 15: Condensed Consolidated Statement of Operations - Non-GAAP Adjustments
Condensed Consolidated Statement of Operations - Non-GAAP Adjustments (unaudited, in thousands) Description Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026 FY 2024 FY 2025 FY 2026 Amortization of intangibles $ 485 $ 485 $ 485 $ 800 $ 808 $ 1,057 $ 1,180 $ 1,187 $ 1,940 $ 2,255 $ 4,23
Slide 16: Non-GAAP Reconciliations
Condensed Consolidated Statement of Operations - Non-GAAP Reconciliations (unaudited, in thousands except percentage) Description Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026 FY 2024 FY 2025 FY 2026 Gross profit reconciliation: GAAP gross profit $ 158,392 $ 179,152 $ 182,698 $ 231
Slide 17: Non-GAAP Reconciliations
Condensed Consolidated Statement of Operations - Non-GAAP Reconciliations (unaudited) Description Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026 FY 2024 FY 2025 FY 2026 Gross margin: Subscription and support: GAAP gross margin 68.2 % 66.8 % 68.4 % 68.0 % 71.2 % 73.1 % 72.3 % 74.0 %
Slide 18: Non-GAAP Reconciliations
Condensed Consolidated Statement of Operations - Non-GAAP Reconciliations (unaudited, in thousands) Description Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026 FY 2024 FY 2025 FY 2026 Income (loss) from operations reconciliation: GAAP income (loss) from operations $ (4,720) $ 11,723
Slide 19: Non-GAAP Reconciliations
Condensed Consolidated Statement of Operations - Non-GAAP Reconciliations (unaudited) Description Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026 FY 2024 FY 2025 FY 2026 Reconciliation of GAAP to Non-GAAP earnings per share: GAAP diluted earnings per share $ 0.11 $ (0.45) $ 0.54 $ 0.