Guidewire shares soar on cloud momentum and record recurring revenue

Published 04/09/2025, 21:58

Investing.com -- Guidewire Software Inc (NYSE:GWRE) shares jumped 13.8% in after-hours trading Thursday after the enterprise software provider reported stronger-than-expected fourth-quarter earnings and issued upbeat forward guidance. Investors responded positively to robust subscription revenue growth, record annual recurring revenue (ARR), and a double-digit deal with a Tier-1 insurer.

The company posted adjusted earnings per share of $0.84 for the quarter ending July 31, breezing past the consensus estimate of $0.63. Quarterly revenue reached $356.6 million, exceeding analyst expectations of $337.85 million.

Guidewire’s Q4 subscription and support revenue climbed 33% year-over-year to $201.9 million, helping lift total revenue by 22% from the prior-year period. Full-year revenue grew 23% to $1.2 billion, supported by a 19% year-over-year increase in constant-currency ARR to $1.032 billion.

“We were thrilled to close the year with an outstanding fourth quarter executing 19 cloud deals and surpassing $1 billion in ARR,” said Mike Rosenbaum, chief executive officer of Guidewire. CFO Jeff Cooper added, “In fiscal 2025 growth accelerated to 19% for ARR, 22% for fully ramped ARR, and 23% for total revenue, while strong operational discipline led to cash flow from operations margin of 25%.”

The company ended fiscal 2025 with $1.48 billion in cash and marketable investments, up from $1.13 billion a year earlier. Operating cash flow hit $300.9 million, reflecting improved profitability from prior periods.

Guidewire’s cloud-based core platform caters primarily to the property and casualty insurance industry and continues to benefit from legacy system replacements and digital transformation trends. Its long-term strategic initiatives center on large-scale deployments, as evidenced by its latest decade-long agreement with a Tier-1 insurer.

Looking ahead, Guidewire forecasts fiscal 2026 revenue between $1.385 billion and $1.405 billion, topping the consensus of $1.354 billion. First-quarter guidance also came in above expectations, with revenue projected between $315 million and $321 million versus the $301.4 million Wall Street average.

The earnings beat and stronger outlook marked a notable reversal from earlier periods of slower growth and muted profitability, prompting investors to reprice the stock upward. With ARR momentum, disciplined execution, and tailwinds from enterprise cloud adoption, sentiment around Guidewire’s pivot to SaaS continues to improve.

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