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| Date | Value |
|---|---|
| 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 |