Quarterly ResultJun 8, 2026, 05:26 PM
Elastic Fiscal 2026 Revenue $1.739B, Net Income $367.8M
AI Summary
Elastic N.V. reported strong financial results for fiscal year 2026, with total revenue increasing by 17% year-over-year to $1.739 billion. The company achieved a net income of $367.8 million, a significant turnaround from a net loss in the prior fiscal year. Subscriptions remained a dominant revenue source, contributing 94% of the total, and the customer base expanded to approximately 24,000, reflecting continued adoption of its Search AI platform and solutions.
Key Highlights
- Total revenue for fiscal 2026 reached $1.739 billion, a 17% year-over-year increase.
- Net income for fiscal 2026 was $367.8 million, compared to a net loss of $108.1 million in fiscal 2025.
- Net cash provided by operating activities was $326.9 million for fiscal 2026.
- Subscriptions accounted for 94% of total revenue in fiscal 2026.
- Customer base grew to approximately 24,000 as of April 30, 2026.
- Over 1,720 customers spent more than $100,000 annually in fiscal 2026.
- Research and development expense totaled $451.9 million for fiscal 2026.
Price Impact
More from ESTC