Guidewire Software (GWRE) Operating Expenses (2011 - 2026)
Guidewire Software (GWRE) posted Operating Expenses of $206.0 million for Q2 2026, up 6.7% on a QoQ basis from $193.1 million in Q1 2026, and up 15.59% year-over-year from $178.2 million in Q2 2025.
Analysis
Guidewire Software (GWRE) Operating Expenses (2011 - 2026) Analysis & Trends
Guidewire Software has reported Operating Expenses for 16 years, with the latest figure at $206.0 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 15.59% year-over-year to $206.0 million in Q2 2026; TTM through Apr 2026 was $792.3 million, a 15.69% increase from a year earlier, with the FY2025 full-year figure at $711.0 million, up 11.8% from the prior year.
- Operating Expenses was $206.0 million for Q2 2026 at Guidewire Software, up from $193.1 million in the prior quarter.
- The five-year high for Operating Expenses was $206.0 million in Q2 2026, with the low at $141.6 million in Q1 2022.
- Average Operating Expenses over 5 years is $166.0 million, with a median of $158.3 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses gained 23.25% in 2022, then slipped 0.43% in 2023.
- Over 5 years, Operating Expenses stood at $146.7 million in 2022, then decreased by 0.43% to $146.1 million in 2023, then advanced by 11.66% to $163.1 million in 2024, then gained by 17.12% to $191.0 million in 2025, then advanced by 7.83% to $206.0 million in 2026.
- The last three Operating Expenses figures came in at $206.0 million (Q2 2026), $193.1 million (Q1 2026), and $191.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Guidewire Software | 13.52 Bn | 12.77 Bn | 236.65 Mn | 206.01 Mn |
| 2 | Exzeo | 1.49 Bn | 1.36 Bn | 36.84 Mn | 8.38 Mn |
| 3 | Yuanbao | 632.22 Mn | -13.93 Mn | - | 127.38 Mn |
| 4 | Cheche | 230.80 Mn | 211.43 Mn | - | - |
| 5 | Roadzen | 109.13 Mn | 106.01 Mn | 9.27 Mn | 17.74 Mn |
| 6 | Health In Tech | 64.25 Mn | 57.80 Mn | 3.92 Mn | 7.36 Mn |
| 7 | MindForge | 1.99 Mn | -7.88 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Jul 31, 2021 | 150.75 Mn |