Guidewire Software (GWRE) Cost of Revenue (2011 - 2026)
Guidewire Software (GWRE) posted Cost of Revenue of $135.9 million for Q2 2026, up 6.52% on a QoQ basis from $127.6 million in Q1 2026, and up 22.64% year-over-year from $110.8 million in Q2 2025.
Analysis
Guidewire Software (GWRE) Cost of Revenue (2011 - 2026) Analysis & Trends
Guidewire Software has reported Cost of Revenue for 16 years, with the latest figure at $135.9 million in 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 was $135.9 million for Q2 2026 at Guidewire Software, up from $127.6 million in the prior quarter.
- The five-year high for Cost of Revenue was $135.9 million in Q2 2026, with the low at $95.1 million in Q4 2023.
- Average Cost of Revenue over 5 years is $112.2 million, with a median of $109.7 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 54.79% in 2022, then retreated 22.75% in 2023.
- Over 5 years, Cost of Revenue stood at $123.1 million in 2022, then fell by 22.75% to $95.1 million in 2023, then rose by 9.88% to $104.5 million in 2024, then grew by 17.81% to $123.1 million in 2025, then increased by 10.38% to $135.9 million in 2026.
- The last three Cost of Revenue figures came in at $135.9 million (Q2 2026), $127.6 million (Q1 2026), and $123.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Guidewire Software | 13.52 Bn | 12.77 Bn | 236.65 Mn | 135.90 Mn |
| 2 | Exzeo | 1.49 Bn | 1.36 Bn | 36.84 Mn | 20.95 Mn |
| 3 | Yuanbao | 632.22 Mn | -13.93 Mn | - | - |
| 4 | Cheche | 230.80 Mn | 211.43 Mn | - | - |
| 5 | Roadzen | 109.13 Mn | 106.01 Mn | 9.27 Mn | 6.92 Mn |
| 6 | Health In Tech | 64.25 Mn | 57.80 Mn | 3.92 Mn | 4.13 Mn |
| 7 | MindForge | 1.99 Mn | -7.88 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Jul 31, 2021 | 78.77 Mn |