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Guidewire Software Inc (GWRE) reported Q1 2026 earnings, with ARR growing 21% YoY to $1.063 billion, total revenue increasing 27% to $333 million, and subscription and support revenue rising 31% to $222 million. The company secured eight new cloud deals, including wins with major insurers, and introduced new applications and AI capabilities. However, operating cash flow was negative $67 million, and license revenue is expected to decline as customers migrate to cloud-based solutions.

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