Guidewire Software (GWRE) Gross Margin (2011 - 2026)
Guidewire Software (GWRE) posted Gross Margin of 63.52% for Q2 2026, down 1.48% on a QoQ basis from 64.47% in Q1 2026, and up 128.0% year-over-year from 27.86% in Q2 2025.
Analysis
Guidewire Software (GWRE) Gross Margin (2011 - 2026) Analysis & Trends
Guidewire Software has reported Gross Margin for 16 years, with the latest figure at 63.52% in Q2 2026.
- On a quarterly basis, Gross Margin rose 128.0% year-over-year to 63.52% in Q2 2026; TTM through Apr 2026 was 64.01%, a 188.0% increase from a year earlier, with the FY2025 full-year figure at 62.54%, up 305.0% from the prior year.
- Gross Margin was 63.52% for Q2 2026 at Guidewire Software, down from 64.47% in the prior quarter.
- The five-year high for Gross Margin was 65.01% in Q3 2025, with the low at 36.95% in Q4 2022.
- Average Gross Margin over 5 years is 56.53%, with a median of 59.68% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin sank 1552 bps in 2022, then jumped 1719 bps in 2023.
- Over 5 years, Gross Margin stood at 36.95% in 2022, then soared by 47 bps to 54.14% in 2023, then grew by 11 bps to 60.25% in 2024, then grew by 5 bps to 62.99% in 2025, then climbed by 1 bps to 63.52% in 2026.
- The last three Gross Margin figures came in at 63.52% (Q2 2026), 64.47% (Q1 2026), and 62.99% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Guidewire Software | 13.52 Bn | 12.77 Bn | 236.65 Mn | 63.52% |
| 2 | Exzeo | 1.49 Bn | 1.36 Bn | 36.84 Mn | 63.75% |
| 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 | 57.25% |
| 6 | Health In Tech | 64.25 Mn | 57.80 Mn | 3.92 Mn | 48.40% |
| 7 | MindForge | 1.99 Mn | -7.88 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 63.52% |
| Jan 31, 2026 | 64.47% |
| Oct 31, 2025 | 62.99% |
| Jul 31, 2025 | 65.01% |
| Apr 30, 2025 | 62.25% |
| Jan 31, 2025 | 61.89% |
| Oct 31, 2024 | 60.25% |
| Jul 31, 2024 | 63.95% |
| Apr 30, 2024 | 59.09% |
| Jan 31, 2024 | 59.11% |
| Oct 31, 2023 | 54.14% |
| Jul 31, 2023 | 60.63% |
| Apr 30, 2023 | 47.67% |
| Jan 31, 2023 | 53.08% |
| Oct 31, 2022 | 36.95% |
| Jul 31, 2022 | 50.15% |
| Apr 30, 2022 | 42.50% |
| Jan 31, 2022 | 49.94% |
| Oct 31, 2021 | 41.22% |
| Jul 31, 2021 | 65.67% |