Description

Guidewire’s 11 Cloud Wins: Can Insurer Modernization Keep Driving ARR Growth?

Guidewire Software, Inc. reported its financial results for the third quarter of fiscal 2026, reflecting continued growth and solid momentum across its business. The company achieved annual recurring revenue (ARR) growth of 19% year-over-year, within guidance, along with a 27% increase in total revenue to $373 million, surpassing the high end of the outlook. Subscription and support revenue grew 35% to $245 million, while services revenue increased 32% to $72 million, driven by strong demand for cloud adoption and advisory services. Operating profit on a non-GAAP basis reached $78 million, benefiting from higher revenues and controlled operating expenses, which reflected some hiring moderation and timing variability. Guidewire ended the quarter with strong liquidity, holding $1.15 billion in cash and equivalents, and generated $61 million in operating cash flow.