Guidewire Software (GWRE) Cost of Revenue (2011 - 2026)
Guidewire Software (GWRE) recorded Cost of Revenue of $141.41 million in fiscal Q4 2026 (quarter ended Jul 31, 2026), up 13.3% from $124.76 million a year earlier and up 4.1% from the prior quarter.
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Analysis
Guidewire Software (GWRE) Cost of Revenue (2011 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Guidewire Software reported Cost of Revenue of $528 million, up 17.2% from FY2025.
- Annual Cost of Revenue has a five-year compound annual growth rate of 8.3% (FY2021 to FY2026).
- Across earlier fiscal years, Cost of Revenue came in at $450.41 million in FY2025 (+13.4%), $397.14 million in FY2024 (-11.2%), $447.13 million in FY2023 (+2.7%) and $435.44 million in FY2022 (+23.1%).
- The fiscal Q4 2026 figure is the highest quarterly Cost of Revenue in data going back to fiscal Q2 2011.
- On a year-over-year basis, Cost of Revenue has increased for eight consecutive quarters, with growth averaging 15.3% over the last eight quarters.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 54.8% in fiscal Q4 2022, against a decline of 22.8% in fiscal Q1 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $135.9 million (Q3 2026), $127.57 million (Q2 2026) and $123.12 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | 3.48 Bn |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | - |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | - |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | 2.44 Bn |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | - |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | 1.30 Bn |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | 141.41 Mn |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | 370.18 Mn |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | 71.94 Mn |
| 10 | Bitmine Immersion Technologies | 10.38 Bn | 7.76 Bn | 40.81 Mn | 5.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 141.41 Mn |
| Apr 30, 2026 | 135.90 Mn |
| Jan 31, 2026 | 127.57 Mn |
| Oct 31, 2025 | 123.12 Mn |
| Jul 31, 2025 | 124.76 Mn |
| Apr 30, 2025 | 110.81 Mn |
| Jan 31, 2025 | 110.33 Mn |
| Oct 31, 2024 | 104.51 Mn |
| Jul 31, 2024 | 105.08 Mn |
| Apr 30, 2024 | 98.45 Mn |
| Jan 31, 2024 | 98.49 Mn |
| Oct 31, 2023 | 95.12 Mn |
| Jul 31, 2023 | 106.28 Mn |
| Apr 30, 2023 | 108.57 Mn |
| Jan 31, 2023 | 109.15 Mn |
| Oct 31, 2022 | 123.13 Mn |
| Jul 31, 2022 | 121.93 Mn |
| Apr 30, 2022 | 113.52 Mn |
| Jan 31, 2022 | 102.44 Mn |
| Oct 31, 2021 | 97.54 Mn |
API Access
Guidewire Software Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=GWRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "GWRE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=GWRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();