Guidewire Software Ends Fiscal 2026 With ARR Up 19% to $1.24 Billion

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Guidewire Software closed fiscal 2026 with annual recurring revenue of $1.24 billion on a constant-currency basis, up 19% year over year and above the high end of management's guidance. Fully ramped ARR grew 22%, the fourth consecutive year it outpaced reported ARR growth, while total cloud ARR rose 35% and accounted for 84% of overall ARR. The company ended the year with 105 customers generating more than $5 million each in fully ramped ARR, up from 86 a year earlier, and subscription revenues climbed 37% to $916 million. Annual gross ARR attrition stayed below 1.5%, with attrition among core systems customers below 1%. For fiscal 2027, Guidewire expects ARR of $1.45-$1.46 billion, about 18% constant-currency growth at the midpoint, with more than half of projected net new ARR already under contract, though management expects attrition to normalize after fiscal 2026's unusually low level and a smaller share of backlog to convert to ARR next year.

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Cloud & Digital Infrastructure · 4 stocks
Guidewire Software Inc
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Fiscal 2026 ARR rose 19% to $1.24B, above guidance, with cloud ARR up 35% and subscription revenue up 37%

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