Guidewire Software Inc. reported strong financial results for the third quarter of fiscal year 2025, with total revenue reaching $293.5 million, marking a 22% increase year-over-year. Subscription and support revenue rose 32% to $181.8 million, while license revenue also increased. The company set a quarterly record by closing 17 cloud deals during Q3. Guidewire's GAAP net income improved to $46.0 million from a net loss of $5.5 million in the prior year, and non-GAAP net income reached $75.2 million, with adjusted earnings per share (EPS) of $0.88, up 238% from $0.26 a year earlier. The company generated $32.4 million in operating cash flow and $27.8 million in free cash flow. Guidewire's revenue and EPS exceeded analyst estimates by 2.73% and 91.3%, respectively, which led to a 16.7% increase in its stock price in after-hours trading. The company provided revenue guidance for the fourth quarter between $332 million and $340 million but did not offer EPS guidance. Following the earnings release, analysts raised price targets and the stock approached record highs. Guidewire's performance was noted as a standout in the insurance software sector, contrasting with declines in some peers like Asana.