Guidewire Software, Inc. (GWRE) Earnings Call Transcripts
Guidewire Software, Inc.'s Latest Earnings Call - Q3 FY2026
In the third quarter of fiscal 2026, Guidewire Software, Inc. (GWRE) reported total revenue of $373 million, reflecting a 27% year-over-year growth, and exceeding expectations. The company achieved an annual recurring revenue (ARR) of $1.147 billion, up 19% year-over-year, maintaining its guidance range. Management raised its total revenue outlook for fiscal 2026 to between $1.46 billion and $1.47 billion, up from previous estimates, signaling strong momentum heading into Q4, which is expected to be a record quarter.
Reported metrics
| Metric | Value |
|---|---|
| Total Revenue | $373 million (beat) |
| Annual Recurring Revenue (ARR) | $1.147 billion (inline) |
| Operating Profit | $78 million (beat) |
| Gross Margin | 66% (inline) |
| Subscription and Support Revenue | $245 million (beat) |
| Services Revenue | $72 million (beat) |
Guidance from management
Management maintained its ARR outlook of $1.229 billion to $1.237 billion, reflecting 18% to 19% growth year-over-year, while raising total revenue guidance to $1.46 billion to $1.47 billion for fiscal 2026.
What management said
Yes. And the only thing that I would add is we've been talking for some period of time around what the impact of ARR backlog is into the net new ARR numbers. And we've known for some -- as we entered into this year that Q3 faced a pretty meaningful headwind with respect to that particular metric. As we look at Q4, given the pipeline that we have, which is incredibly strong, in addition to the visibility that we hav...
Yes. slower hiring was mostly outside of services, I would say. Services has been hiring to meet the demand threshold. And on the slower hiring side, there's a bit of -- sometimes it just takes a little bit longer to get the heads in the door that we want to get in. And there's also a bit of us coming to terms with some of the productivity gains that we're seeing with some of the AI tooling that we're rolling out t...
What analysts pressed on
Analysts expressed concerns about deal timing and the potential impact of macroeconomic factors on future growth. There were questions regarding the integration of AI and whether it could crowd out traditional IT budgets, impacting Guidewire's sales.
Main topics on the call
- Revenue Growth and Guidance — Guidewire reported total revenue of $373 million, up 27% year-over-year, and raised its fiscal 2026 revenue guidance to $1.46 billion to $1.47 billion, indicating a midpoint growth of 22%. CEO Mike Rosenbaum stated, "We ...
- Strong Cloud Demand — The company closed 11 cloud deals in Q3, including significant expansions with existing clients. CFO Jeff Cooper highlighted, "We executed on healthy cloud demand," indicating robust interest in Guidewire's cloud offerin...
- ProNavigator and PricingCenter Momentum — Management noted strong traction for ProNavigator and PricingCenter, with multiple wins across different regions. Rosenbaum mentioned, "We were thrilled with the progress of ProNavigator and PricingCenter in the quarter,...
- Operating Profit and Margins — Operating profit reached $78 million, ahead of expectations, with overall gross margins at 66%. Cooper stated, "This finished ahead of our outlook due to higher-than-expected revenue and gross profit," reflecting strong ...
Read the full Guidewire Software, Inc. transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Guidewire Software, Inc.
Guidewire Software, Inc. (GWRE) is a publicly listed company in the Software industry, within the Information Technology sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 53 calls on record spanning February 27, 2020 to September 3, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 53 Guidewire Software, Inc. earnings call transcripts on record, spanning February 27, 2020 to September 3, 2026. Based on this history, Guidewire Software, Inc. reports quarterly. The most recent call on file is dated September 3, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- GWRE
- Exchange
- NYSE
- Country
- US
- Sector
- Information Technology
- Industry
- Software
- Calls on record
- 53
- First call
- February 27, 2020
- Most recent
- September 3, 2026
- Reporting cadence
- quarterly