Guidewire Subscription Rev Rises As Insurers Move to the Cloud -- Company Talk

Dow Jones

06/05

Guidewire CEO Mike Rosenbaum said insurers are focused on modernizing core systems and moving critical business functions to cloud solutions. The trend shows in the company's 3Q revenue mix: Third-quarter subscription and support revenue rose 35% to $244.7 million, while license revenue fell 2% to $56 million. Total revenue increased 27% to $372.5 million, with the subscription segment driving most of the growth.

This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.

(END) Dow Jones Newswires

June 04, 2026 16:56 ET (20:56 GMT)

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