Guidewire reports Q3 EPS 88c, consensus 47c

Reports Q3 revenue $293.5M, consensus $286.4M. Subscription and support revenue was $181.8 million, an increase of 32%; license revenue was $57.2 million, an increase of 2%; and services revenue was $54.5 million, an increase of 17%, each as compared to the same quarter in fiscal year 2024. As of April 30, 2025, annual recurring revenue, or ARR, was $960 million, compared to $864 million as of July 31, 2024. “ARR, revenue, and operating income results all finished above the high end of our guidance ranges in the third fiscal quarter,” said Jeff Cooper, chief financial officer, Guidewire (GWRE). “Based on this strong execution and our robust pipeline, we are raising our full-year fiscal 2025 targets, reinforcing our confidence in our growth trajectory and long-term value creation.”