Guidewire reported impressive financial results for the first quarter of fiscal year 2026, surpassing expectations in key metrics.
Revenue increased by 27% compared to the same quarter in fiscal year 2025, with significant growth in subscription and support revenue.
The company's profitability also showed substantial improvement, with GAAP income from operations reaching $18.5 million.
Revenue Growth
Total revenue for Q1 FY 2026 was $332.6 million, marking a 27% increase from Q1 FY 2025.
ARR Expansion
Annual recurring revenue (ARR) grew to $1,063 million as of October 31, 2025, reflecting a 22% year-over-year increase.
Profitability Rise
Non-GAAP net income for the first quarter of fiscal year 2026 reached $57.0 million, compared to $36.7 million for Q1 FY 2025.
- Guidewire's strong revenue growth and increased profitability signal a positive outlook for the company in fiscal year 2026.
- The growth in ARR demonstrates the continued success of Guidewire's Cloud Platform and sales momentum established in the market.
Guidewire's exceptional performance in the first quarter of fiscal year 2026 highlights its position for further success in the coming quarters, driven by revenue growth and improved profitability.