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

Guidewire Software has reported Cost of Revenue for 16 years, with the latest figure at $127.6 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 130.06% year-over-year to $127.6 million; the trailing twelve-month figure through Jan 2026 stood at $154.3 million (down 41.22% YoY), and the FY2025 full-year result was $230.3 million, down 42.0% from the prior year.
• Cost of Revenue for Q1 2026 stood at $127.6 million, up from $64.3 million in the prior quarter.
• The five-year high for Cost of Revenue was $301.3 million in Q3 2022, with the low at -$95.3 million in Q3 2025.
• Average Cost of Revenue over 5 years is $86.5 million, with a median of $98.5 million recorded in 2024.
• Year-over-year, Cost of Revenue soared 282.51% in 2022 and tumbled 190.69% in 2025.
• Tracing GWRE's Cost of Revenue over 5 years: stood at $123.1 million in 2022, then slumped by 63.79% to $44.6 million in 2023, then increased by 15.47% to $51.5 million in 2024, then gained by 24.83% to $64.3 million in 2025, then soared by 98.53% to $127.6 million in 2026.
• The last three Cost of Revenue figures came in at $127.6 million (Q1 2026), $64.3 million (Q4 2025), and -$95.3 million (Q3 2025), per Business Quant data.

Peer Comparison