Guidewire Software (GWRE) Cost of Revenue (2011 - 2026)

Guidewire Software's (GWRE) quarterly Cost of Revenue came in at $135.9 million in Q2 2026, up 22.64% year-on-year from $110.8 million in Q2 2025, and up 6.52% quarter-over-quarter from $127.6 million in Q1 2026.

Guidewire Software (GWRE) Cost of Revenue (2011 - 2026) Analysis & Trends

Guidewire Software's Cost of Revenue history runs 16 years deep, the most recent figure standing at $135.9 million for Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 22.64% year-over-year to $135.9 million in Q2 2026; TTM through Apr 2026 was $511.3 million, a 18.72% increase from a year earlier, with the FY2025 full-year figure at $450.4 million, up 13.41% from the prior year.
  • Cost of Revenue climbed to $135.9 million in Q2 2026 per GWRE's latest filing, from $127.6 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $135.9 million in Q2 2026 and bottomed at $95.1 million in Q4 2023.
  • The 5-year median for Cost of Revenue is $109.7 million (2023), against an average of $112.2 million.
  • Across the five-year window, Cost of Revenue surged 54.79% in 2022 and decreased 22.75% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $123.1 million in 2022, then declined by 22.75% to $95.1 million in 2023, then increased by 9.88% to $104.5 million in 2024, then climbed by 17.81% to $123.1 million in 2025, then grew by 10.38% to $135.9 million in 2026.
  • Per Business Quant, the three latest GWRE Cost of Revenue figures stand at $135.9 million (Q2 2026), $127.6 million (Q1 2026), and $123.1 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 199.59 Bn 179.36 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 193.24 Bn 190.53 Bn - -
3 Shopify 164.78 Bn 159.04 Bn 1.55 Bn 1.62 Bn
4 Salesforce 150.52 Bn 138.68 Bn 8.56 Bn 2.57 Bn
5 Uber Technologies 139.79 Bn 138.58 Bn 5.95 Bn 7.26 Bn
6 ServiceNow 109.10 Bn 104.44 Bn 2.82 Bn 1.17 Bn
7 Automatic Data Processing 102.68 Bn 99.45 Bn 2.87 Bn 3.07 Bn
8 Adobe 95.80 Bn 90.17 Bn 5.90 Bn 715.00 Mn
9 Snowflake 93.75 Bn 90.79 Bn 926.45 Mn 464.50 Mn
10 Guidewire Software 12.65 Bn 11.90 Bn 236.65 Mn 135.90 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 135.90 Mn
Apr 30, 2026 135.90 Mn
Jan 31, 2026 127.57 Mn
Jan 31, 2026 127.57 Mn
Oct 31, 2025 123.12 Mn
Oct 31, 2025 123.12 Mn
Jul 31, 2025 124.76 Mn
Jul 31, 2025 124.76 Mn
Apr 30, 2025 110.81 Mn
Apr 30, 2025 110.81 Mn
Jan 31, 2025 110.33 Mn
Jan 31, 2025 110.33 Mn
Oct 31, 2024 104.51 Mn
Oct 31, 2024 104.51 Mn
Jul 31, 2024 105.08 Mn
Jul 31, 2024 105.08 Mn
Apr 30, 2024 98.45 Mn
Apr 30, 2024 98.45 Mn
Jan 31, 2024 98.49 Mn
Jan 31, 2024 98.49 Mn