Guidewire Posts Strong Q3 2026 Results, Raises Full-Year Outlook — Guidewire Software, Inc.

Event summary

Guidewire reported $372.5 million in total revenue for Q3 2026, up 27% year-over-year.
Annual Recurring Revenue (ARR) grew 19% to $1,147 million as of April 30, 2026.
Non-GAAP income from operations was $77.8 million, up from $46.1 million in Q3 2025.
Guidewire raised its fiscal year 2026 outlook for revenue, operating income, and cash flow.
The company repurchased 1,696,180 shares at an average price of $147.07 in Q3 2026.

The big picture

Guidewire's strong Q3 2026 results reflect the growing demand for cloud-based solutions and AI integration in the insurance sector. The company's ability to raise its full-year outlook underscores its robust market position and the strategic shift towards digital transformation among property and casualty (P&C) insurers. The focus on modernizing core systems and migrating critical business functions to cloud platforms highlights the broader industry trend towards technological innovation and operational efficiency.

What we're watching

Cloud Adoption: How the pace of insurer migration to Guidewire's cloud platform will impact future revenue growth.
AI Integration: Whether Guidewire can sustain its momentum in AI adoption across its applications.
Market Position: The extent to which Guidewire's strategic position resonates with insurers focusing on modernizing core systems.