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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.67 Bn | 7.89 Bn | - | - |
| 2 | Block | 46.56 Bn | 17.86 Bn | 3.17 Bn | 3.45 Bn |
| 3 | Coinbase Global | 45.63 Bn | 2.44 Bn | - | - |
| 4 | Corpay | 26.17 Bn | 16.06 Bn | - | - |
| 5 | Fiserv | 25.31 Bn | 21.98 Bn | 2.90 Bn | 2.40 Bn |
| 6 | Global Payments | 22.57 Bn | 361.32 Mn | 2.03 Bn | 1.29 Bn |
| 7 | Guidewire Software | 14.23 Bn | 10.79 Bn | 269.68 Mn | 141.41 Mn |
| 8 | Bitmine Immersion Technologies | 11.95 Bn | 9.33 Bn | 40.81 Mn | 5.73 Mn |
| 9 | Chime Financial | 11.27 Bn | 7.06 Bn | 594.87 Mn | 74.90 Mn |
| 10 | Jack Henry & Associates | 11.02 Bn | 10.92 Bn | 273.85 Mn | 370.18 Mn |
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 |
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_KEY
import 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();