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

Guidewire Software has disclosed Cost of Revenue across 16 years of filings, most recently posting $68.2 million for Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue fell 38.45% year-over-year to $68.2 million; the trailing twelve-month figure through Apr 2026 stood at $443.7 million (down 23.31% YoY), and the FY2025 full-year result was $450.4 million, up 13.41% from the prior year.
• Cost of Revenue was $68.2 million for Q2 2026 at Guidewire Software, down from $127.6 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $252.9 million in Q3 2024 and troughed at -$152.6 million in Q3 2023.
• The 5-year median for Cost of Revenue is $96.8 million (2023), against an average of $80.3 million.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue slumped 414.74% in 2023, then surged 265.69% in 2024.
• Year by year, Cost of Revenue stood at $46.5 million in 2022, then surged by 104.69% to $95.1 million in 2023, then climbed by 9.88% to $104.5 million in 2024, then gained by 17.81% to $123.1 million in 2025, then sank by 44.6% to $68.2 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $68.2 million in Q2 2026, $127.6 million in Q1 2026, and $123.1 million in Q4 2025.