Insurance software provider Guidewire's Q1 revenue rises 27%, beats analyst estimates

Reuters12-04
Insurance software provider Guidewire's Q1 revenue rises 27%, beats analyst estimates

Overview

  • Guidewire fiscal Q1 2026 revenue grows 27%, beating analyst expectations

  • Adjusted EPS for fiscal Q1 2026 beats consensus

  • ARR grows 22% yr/yr, reflecting strong sales momentum

Outlook

  • Guidewire expects Q2 total revenue between $339 mln and $345 mln

  • Company sees FY 2026 total revenue between $1,403 mln and $1,419 mln

  • Guidewire anticipates FY 2026 ARR between $1,220 mln and $1,230 mln

Result Drivers

  • CLOUD PLATFORM MOMENTUM - Guidewire reports strong momentum for its cloud platform, contributing to positive fiscal Q1 results

  • PRODUCT LAUNCHES - Launch of new AI-powered pricing and underwriting products at customer conference supported revenue growth

  • ARR GROWTH - ARR increased 22% yr/yr, reflecting strong sales momentum

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

Beat

$332.60 mln

$316.62 mln (14 Analysts)

Q1 Adjusted EPS

Beat

$0.66

$0.61 (14 Analysts)

Q1 EPS

$0.36

Q1 Adjusted Net Income

Beat

$57 mln

$52.97 mln (13 Analysts)

Q1 Net Income

$31.30 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the software peer group is "buy"

  • Wall Street's median 12-month price target for Guidewire Software Inc is $278.00, about 29.5% above its December 2 closing price of $214.72

  • The stock recently traded at 65 times the next 12-month earnings vs. a P/E of 77 three months ago

Press Release: ID:nBw2Vfxq6a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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