Guidewire Software (GWRE) Operating Expenses (2011 - 2026)
Guidewire Software (GWRE) recorded Operating Expenses of $207.36 million in fiscal Q4 2026 (quarter ended Jul 31, 2026), up 2.5% from $202.21 million a year earlier and up 0.7% from the prior quarter.
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Analysis
Guidewire Software (GWRE) Operating Expenses (2011 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Guidewire Software reported Operating Expenses of $797.49 million, up 12.2% from FY2025.
- Annual Operating Expenses has increased for 16 straight fiscal years, with a five-year compound annual growth rate of 10.0% (FY2021 to FY2026).
- Across earlier fiscal years, Operating Expenses came in at $710.99 million in FY2025 (+11.8%), $635.93 million in FY2024 (+4.6%), $607.7 million in FY2023 (+5.4%) and $576.62 million in FY2022 (+16.5%).
- The fiscal Q4 2026 figure is the highest quarterly Operating Expenses in data going back to fiscal Q2 2011.
- On a year-over-year basis, Operating Expenses has increased for 11 consecutive quarters, with growth averaging 12.2% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 23.2% in fiscal Q3 2022, against a decline of 0.4% in fiscal Q1 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $206.01 million (Q3 2026), $193.08 million (Q2 2026) and $191.04 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.67 Bn | 7.89 Bn | - | 7.26 Bn |
| 2 | Block | 46.56 Bn | 17.86 Bn | 3.17 Bn | 2.72 Bn |
| 3 | Coinbase Global | 45.63 Bn | 2.44 Bn | - | 1.33 Bn |
| 4 | Corpay | 26.17 Bn | 16.06 Bn | - | 260.40 Mn |
| 5 | Fiserv | 25.31 Bn | 21.98 Bn | 2.90 Bn | 4.28 Bn |
| 6 | Global Payments | 22.57 Bn | 361.32 Mn | 2.03 Bn | 2.98 Bn |
| 7 | Guidewire Software | 14.23 Bn | 10.79 Bn | 269.68 Mn | 207.36 Mn |
| 8 | Bitmine Immersion Technologies | 11.95 Bn | 9.33 Bn | 40.81 Mn | 52.67 Mn |
| 9 | Chime Financial | 11.27 Bn | 7.06 Bn | 594.87 Mn | 573.55 Mn |
| 10 | Jack Henry & Associates | 11.02 Bn | 10.92 Bn | 273.85 Mn | 507.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 207.36 Mn |
| Apr 30, 2026 | 206.01 Mn |
| Jan 31, 2026 | 193.08 Mn |
| Oct 31, 2025 | 191.04 Mn |
| Jul 31, 2025 | 202.21 Mn |
| Apr 30, 2025 | 178.23 Mn |
| Jan 31, 2025 | 167.43 Mn |
| Oct 31, 2024 | 163.11 Mn |
| Jul 31, 2024 | 176.12 Mn |
| Apr 30, 2024 | 158.92 Mn |
| Jan 31, 2024 | 154.82 Mn |
| Oct 31, 2023 | 146.07 Mn |
| Jul 31, 2023 | 157.58 Mn |
| Apr 30, 2023 | 156.73 Mn |
| Jan 31, 2023 | 146.68 Mn |
| Oct 31, 2022 | 146.71 Mn |
| Jul 31, 2022 | 154.88 Mn |
| Apr 30, 2022 | 146.33 Mn |
| Jan 31, 2022 | 141.65 Mn |
| Oct 31, 2021 | 133.77 Mn |
API Access
Guidewire Software Operating Expenses 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=operating-expenses&ticker=GWRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=GWRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();