TSX:6472 26 January 2026

July 3, 2026, 5:07 PM EDT. Guidewire Software (NYSE:GWRE) turned in a solid first quarter, with revenue up 26.9% year-over-year and coming in 4.7% ahead of forecasts. The company also nudged its full-year guidance above the Street. Vertical software companies as a group reported revenue 3.7% above expectations, with Alarm.com (NASDAQ:ALRM) leading Q1 beats at 5.6%. Still, Guidewire shares fell 11% after results as investors showed caution. Vertical software names are seeing stronger demand as industries like insurance and security look to boost productivity. Since reporting, the sector's stocks are up an average of 1.9%.