Guidewire Software, Inc.GWRE
NYSE•Technology•Software - Application
Guidewire Software, Inc. provides a platform for property and casualty (P&C) insurers worldwide. It offers Guidewire InsuranceSuite, such as PolicyCenter, ClaimCenter, and BillingCenter applications. The company also provides Guidewire InsuranceNow, a cloud-based application that offers policy administration, claims management, and billing functionality, plus pre-integrated document production, analytics, and other capabilities. In addition, it offers Guidewire Rating Management to manage the pricing of insurance products; Guidewire Reinsurance Management to use rules-based logic to execute reinsurance strategy through underwriting and claims processes; Guidewire Client Data Management that helps P&C insurers to capitalize on customer information; Guidewire Advanced Product Designer, a cloud-native application for insurance product design and management; Guidewire Product Content Management provides software tools and standards-based, line-of-business templates. Further, the company provides Guidewire Digital Engagement Applications, which enable insurers to provide digital experiences; Guidewire Predict, a P&C-specific machine-learning platform; Guidewire HazardHub that allows insurers to understand, assess, price, and manage property risk; Guidewire Canvas, Guidewire Compare, Guidewire industry Intel, Guidewire Data Studio, and Guidewire Explore, an cloud-native applications; Guidewire Cyence, a cyber-risk economic modeling product; Guidewire DataHub, an operational data store; and Guidewire InfoCenter, a business intelligence warehouse for P&C insurers . The company was incorporated in 2001 and is headquartered in San Mateo, California.
Guidewire Software, Inc. (GWRE) reported trailing twelve months revenue of $1.42B as of April 2026, a 24.9% increase year-over-year. Quarterly revenue reached $372.54M, reflecting continued top-line momentum.
Guidewire Software, Inc. generated $159.84M in TTM net income, with quarterly EBITDA of $37.87M. The operating margin expanded from 1.5% to 8.2%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (8.2%) and net margin (4.4%) indicates tight cost control with minimal non-operating drag. Net margin has narrowed from 15.7% a year ago, reflecting increased costs or interest expense.
GWRE trades at a P/E of 73.4x (a premium multiple) and a P/S of 8.3x. The price-to-book ratio of 8.9x indicates a significant premium over book value.
The company generated $59.41M in free cash flow over the trailing twelve months, a 87.7% increase year-over-year, indicating cash generation ability. The balance sheet shows $2.54B in total assets with no in long-term debt against $1.32B in stockholders equity. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are under pressure, averaging 5.0%. The business may lack pricing power or face rising costs.'
ROE is low or negative, suggesting limited competitive advantage or capital allocation challenges.
6 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
TTM revenue has grown consistently (7 of 7 quarters up), with ~44.9% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
The company posted negative operating margins in recent quarters — core operations are unprofitable.
FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.
Limited debt-to-equity data available.
Revenue is stable or growing over recent quarters — demand appears durable.
FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.
Share count is stable — no significant dilution or buyback activity.