Guidewire Software (GWRE) is moving higher as investors react to a beat-and-raise quarterly report and a more optimistic full-year outlook. In its fiscal second-quarter 2026 release (quarter ended January 31, 2026), the company highlighted strong growth and durable demand for large multi-year deals, with management pointing to AI-driven modernization activity and continued pipeline strength. (ir.guidewire.com)

For fiscal Q2 2026, Guidewire reported total revenue of $359.1 million, up 24% year over year, with subscription and support revenue of $237.2 million, up 33% year over year. Annual recurring revenue (ARR) was $1.121 billion as of January 31, 2026, and the company reported GAAP operating income of $38.4 million. (ir.guidewire.com)

Guidewire raised its fiscal 2026 outlook, projecting ending ARR of $1.229 billion to $1.237 billion and total revenue of $1.438 billion to $1.448 billion. The company also disclosed a new $500 million share repurchase program authorized in January 2026, with $490 million remaining as of January 31, 2026, adding another potential support for the stock. (ir.guidewire.com)

After the earnings-driven repricing, the next catalysts are execution against the updated Q3 and full-year targets, sustained ARR momentum, and the pace of cloud migrations embedded in subscription growth. Investors will also monitor whether the stronger pipeline translates into incremental multi-year deal wins that can keep ARR growth elevated through the second half of fiscal 2026. (ir.guidewire.com)