Guidewire Software (GWRE) Cost of Revenue (2011 - 2026)
Guidewire Software's (GWRE) quarterly Cost of Revenue came in at $141.4 million in Q3 2026, up 13.34% year-over-year from $124.8 million in Q3 2025, and up 4.06% on a QoQ basis from $135.9 million in Q2 2026.
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Guidewire Software (GWRE) Cost of Revenue (2011 - 2026) Analysis & Trends
Guidewire Software (GWRE) has 16 years of Cost of Revenue data on file, last reported at $141.4 million in Q3 2026.
- On a quarterly basis, Cost of Revenue rose 13.34% year-over-year to $141.4 million in Q3 2026; TTM through Jul 2026 was $528.0 million, a 17.23% increase from a year earlier, with the FY2026 full-year figure at $528.0 million, up 17.23% from the prior year.
- Cost of Revenue for Q3 2026 stood at $141.4 million, up from $135.9 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $141.4 million in Q3 2026 and bottomed at $95.1 million in Q4 2023.
- Historically, Cost of Revenue has averaged $113.7 million across 5 years, with a median of $110.3 million in 2025.
- The widest annual swing landed in 2022, when Cost of Revenue jumped 54.79%; it then retreated 22.75% in 2023.
- Year by year, Cost of Revenue stood at $123.1 million in 2022, then decreased by 22.75% to $95.1 million in 2023, then advanced by 9.88% to $104.5 million in 2024, then rose by 17.81% to $123.1 million in 2025, then gained by 14.86% to $141.4 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $141.4 million in Q3 2026, $135.9 million in Q2 2026, and $127.6 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.56 Bn | 54.94 Bn | 40.81 Mn | 5.73 Mn |
| 2 | Coinbase Global | 51.47 Bn | 8.27 Bn | - | - |
| 3 | PayPal Holdings | 47.44 Bn | 5.67 Bn | - | - |
| 4 | Block | 45.91 Bn | 17.17 Bn | 3.17 Bn | 3.45 Bn |
| 5 | Iren | 33.57 Bn | 21.17 Bn | 103.89 Mn | 33.34 Mn |
| 6 | Corpay | 26.14 Bn | 16.34 Bn | - | - |
| 7 | Fiserv | 24.72 Bn | 21.42 Bn | 2.90 Bn | 2.40 Bn |
| 8 | Global Payments | 22.99 Bn | 1.43 Bn | 2.03 Bn | 1.29 Bn |
| 9 | Guidewire Software | 11.94 Bn | 8.51 Bn | 269.68 Mn | 141.41 Mn |
| 10 | Hut 8 | 11.93 Bn | 11.77 Bn | 48.04 Mn | 26.89 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();