FirmAtlas

Company handbook · GWRE · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17

GWRE · CIK 1528396 · LATEST FILING: 10-K FY26 · FILED SEP 11, 2026

Guidewire Software, Inc.

$168.86 −6.91 (−3.93%)

Close, Oct 16, 2026 · 52-week $102–256

↗ guidewire.com

Guidewire sells software that property and casualty insurers use to run their business: pricing, underwriting, policies, billing and claims (InsuranceSuite, InsuranceNow), now mostly as a cloud subscription, plus data and analytics tools.

Business

CustomersProperty and casualty insurers of all sizes, worldwide; sold by its own sales force, with system integrators doing much of the installation
Cash useFY25–FY26: buybacks $606M · acquisitions $65M · capex $18M
Reinvested 12% of operating cash flow · returned 90% of free cash flow

Last fiscal year

Guidewire Software, Inc. reported revenue of $1.5B for the year ended Jul 31, 2026 (FY26), up 22.7% from FY25. Net income was $139M, operating cash flow $390M and free cash flow $378M. Source: 10-K filed Sep 11, 2026.

Market cap

$13.8B

P/E

99.4

EV/EBITDA

77.4x

P/B

11.6

ROIC

12.1%

Revenue 1Y

22.7%/yr

EPS 1Y

101.2%/yr

Shares 1Y

−3%

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Daily closes, split-adjusted · ratios at each fiscal year end

Company

CEOMike Rosenbaum

HQSan Mateo, CA

AuditorKPMG LLP

Employees4,174

Year endsJuly

Compounded growth & averages

10Y

TTM

Share price

11.2%

6.8%

23.1%

−30.7%

Upgrade to see 10 years

Share price: yearly compound rate of the traded close; the last column is the past year.

Where the cash went · FY25–FY26

$689M deployed

Capex $18M 2.6%

Acquisitions $65M 9.4%

Buybacks $606M 88.0%

Operating cash flow over the period: $691M. Total debt changed by +$4M. R&D of $636M is already inside operating costs.

More cash than debt at the end of FY26.

Sources 10-K FY26 10-Q Apr '26 All filings on EDGAR

Latest filings

Sep 3, 2026 Executive or director change 8-K Jul 22, 2026 Executive or director change 8-K Jun 4, 2026 Quarterly results 8-K Mar 5, 2026 Quarterly results 8-K Jan 8, 2026 Other announcement 8-K

Growth engines

How much of the profit growth came from new investment, and how much from running the business better.

Upgrade to see 10 years

Financials

Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · FY26 = year ended Jul 31, 2026 · change vs previous year

Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier

Income

FY25 FY26

Revenue

1,202

1,475+22.7%

YoY

+22.7%

Gross profit

752

947+26.0%

Gross margin

62.5%

64.2%+1.7 pp

Operating income

150+264.9%

Operating margin

3.4%

10.2%+6.7 pp

EBITDA

178+174.3%

EBITDA margin

5.4%

12.1%+6.7 pp

Interest expense

13+0.9%

Interest coverage

4.91x

13.35x+8.44x

Net income

139+99.5%

YoY

+99.5%

Net margin

5.8%

9.4%+3.6 pp

EPS (diluted, $)

0.81

1.63+101.2%

YoY

+101.2%

Balance sheet

FY25 FY26

Total assets

2,721

2,577−5.3%

Cash & short-term investments

1,151

753−34.6%

Accounts receivable

141

194+37.7%

Net PP&E

68+12.2%

Other assets

1,369

1,562+14.1%

Total liabilities

1,264

1,383+9.4%

Accounts payable

38+32.2%

Total debt

675

678+0.5%

Other liabilities

561

667+19.0%

Shareholders’ equity

1,457

1,194−18.1%

Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.

Cash flow statement · as filed

FY25 FY26

Cash from operations

301

390+29.5%

Net income

139+99.5%

Depreciation & amortization

28+17.7%

Stock-based compensation

162

182+12.5%

Working capital & other

41−11.1%

Cash from investing

(237)

(136)n/m

Capex

(6)

(12)n/m

Acquisitions

(27)

(38)n/m

Investments bought

(859)

(859)n/m

Other investing

654

773+18.2%

Cash from financing

(579)−803.6%

Debt raised

672

0−100.0%

Buybacks

(606)n/m

Shares issued

0.7−81.3%

Other financing

(593)

27n/m

Net change in cash

150

(326)−317.6%

Free cash flow (OCF − capex)

295

378+28.0%

Where the cash went

FY25 FY26

Operating cash flow

301

390+29.5%

Reinvested in the business

50+53.4%

% of operating cash flow

10.8%

12.8%

Capex

12+110.0%

Acquisitions

38+41.4%

R&D (memo, already in costs)

296

340+14.8%

Free cash flow

295

378+28.0%

YoY

+28.0%

Returned to shareholders

606n/m

% of free cash flow

0.0%

160.5%

Buybacks

606n/m

Change in total debt

—

Cash left over

—

(263)

FCF conversion (FCF ÷ net income)

422.8%

271.1%−151.6 pp

Owner earnings

—

111

Owner earnings margin

—

7.5%

Returns & ratios

FY25 FY26

ROIC (all capital)

4.2%

12.1%+7.9 pp

ROIC (operating)

23.8%

64.3%+40.4 pp

Net debt / EBITDA

−7.34x

−0.42x+6.92x

Debt / equity

0.46x

0.57x+0.11x

ROE

4.8%

11.7%+6.9 pp

ROA

2.6%

5.4%+2.8 pp

ROCE

1.9%

7.8%+5.9 pp

NOPAT

127+209.7%

Invested capital (operating)

172

223+29.7%

Invested capital (all)

981

1,119+14.0%

Reinvestment rate

—

40.2%

Income

Oct '25

Jan '26

Apr '26

Jul '26

Revenue

333

359

373

411

vs year-ago quarter

Gross profit

210

232

237

270

Gross margin

63.0%

64.5%

63.5%

65.6%

Operating income

Net income

vs year-ago quarter

Net margin

9.4%

16.7%

4.4%

7.6%

EPS (diluted, $)

0.36

0.70

0.19

0.38

vs year-ago quarter

Balance sheet

Oct '25

Jan '26

Apr '26

Jul '26

Total assets

2,639

2,692

2,535

2,577

Cash & equivalents

493

408

295

753

Total debt

675

676

677

678

Shareholders’ equity

1,533

1,511

1,317

1,194

Cash flow

Oct '25

Jan '26

Apr '26

Jul '26

Operating cash flow

(67)

112

284

Capex

Free cash flow

(72)

109

282

vs year-ago quarter