Guidewire Software (GWRE) Research & Development (2011 - 2026)
Guidewire Software's (GWRE) quarterly Research & Development came in at $90.6 million in Q3 2026, up 7.72% year-over-year from $84.1 million in Q3 2025, and up 3.09% on a QoQ basis from $87.9 million in Q2 2026.
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Guidewire Software (GWRE) Research & Development (2011 - 2026) Analysis & Trends
Guidewire Software (GWRE) has 16 years of Research & Development data on file, last reported at $90.6 million in Q3 2026.
- On a quarterly basis, Research & Development rose 7.72% year-over-year to $90.6 million in Q3 2026; TTM through Jul 2026 was $340.1 million, a 14.84% increase from a year earlier, with the FY2026 full-year figure at $340.1 million, up 14.84% from the prior year.
- Research & Development for Q3 2026 stood at $90.6 million, up from $87.9 million in the prior quarter.
- Across five years, Research & Development topped out at $90.6 million in Q3 2026 and bottomed at $55.8 million in Q1 2022.
- Historically, Research & Development has averaged $70.0 million across 5 years, with a median of $66.8 million in 2023.
- The widest annual swing landed in 2022, when Research & Development surged 44.24%; it then gained 4.88% in 2024.
- Year by year, Research & Development stood at $58.2 million in 2022, then increased by 7.39% to $62.5 million in 2023, then rose by 10.26% to $68.9 million in 2024, then rose by 13.7% to $78.3 million in 2025, then rose by 15.67% to $90.6 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $90.6 million in Q3 2026, $87.9 million in Q2 2026, and $83.3 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.56 Bn | 54.94 Bn | 40.81 Mn | - |
| 2 | Coinbase Global | 51.47 Bn | 8.27 Bn | - | 472.85 Mn |
| 3 | PayPal Holdings | 47.44 Bn | 5.67 Bn | - | 849.00 Mn |
| 4 | Block | 45.91 Bn | 17.17 Bn | 3.17 Bn | 608.66 Mn |
| 5 | Iren | 33.57 Bn | 21.17 Bn | 103.89 Mn | - |
| 6 | Corpay | 26.14 Bn | 16.34 Bn | - | - |
| 7 | Fiserv | 24.72 Bn | 21.42 Bn | 2.90 Bn | - |
| 8 | Global Payments | 22.99 Bn | 1.43 Bn | 2.03 Bn | - |
| 9 | Guidewire Software | 11.94 Bn | 8.51 Bn | 269.68 Mn | 90.59 Mn |
| 10 | Hut 8 | 11.93 Bn | 11.77 Bn | 48.04 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 90.59 Mn |
| Apr 30, 2026 | 87.87 Mn |
| Jan 31, 2026 | 83.32 Mn |
| Oct 31, 2025 | 78.32 Mn |
| Jul 31, 2025 | 84.10 Mn |
| Apr 30, 2025 | 72.92 Mn |
| Jan 31, 2025 | 70.27 Mn |
| Oct 31, 2024 | 68.88 Mn |
| Jul 31, 2024 | 75.32 Mn |
| Apr 30, 2024 | 66.13 Mn |
| Jan 31, 2024 | 65.46 Mn |
| Oct 31, 2023 | 62.47 Mn |
| Jul 31, 2023 | 66.82 Mn |
| Apr 30, 2023 | 63.06 Mn |
| Jan 31, 2023 | 61.70 Mn |
| Oct 31, 2022 | 58.17 Mn |
| Jul 31, 2022 | 59.86 Mn |
| Apr 30, 2022 | 58.44 Mn |
| Jan 31, 2022 | 55.80 Mn |
| Oct 31, 2021 | 55.12 Mn |
API Access
Guidewire Software Research & Development 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=research-and-development&ticker=GWRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=GWRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();