Guidewire announced exceptional third-quarter results for the fiscal year ended April 30, 2025, highlighted by record Q3 sales activity and 17 cloud deals. ARR, revenue, and operating income all finished above the high end of guidance ranges, demonstrating strong execution.
Total revenue increased to $293.5 million, up from $240.7 million in Q3 fiscal year 2024. Subscription and support revenue grew to $181.8 million, compared to $138.0 million in the prior year quarter. Non-GAAP operating income reached $65.5 million, a significant increase from $20.8 million in Q3 fiscal year 2024.
Guidewire raised its full-year fiscal 2025 targets, projecting ARR between $1.030 billion and $1.040 billion, and total revenue between $1.295 billion and $1.305 billion. Non-GAAP operating income is now anticipated between $240 million and $250 million, reinforcing confidence in the company's growth trajectory and long-term value creation.
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