Quarterly ResultMay 28, 2026, 04:13 PM
Elastic Q4 Revenue $451M, FY26 $1.739B; Strong FY27 Guidance
AI Summary
Elastic N.V. reported strong financial results for its fourth quarter and full fiscal year ended April 30, 2026, surpassing guidance across key metrics. Q4 revenue grew 16% year-over-year to $451 million, while full fiscal year revenue increased 17% to $1.739 billion. The company also saw robust growth in current remaining performance obligations (cRPO) by 20% to $1.203 billion. Elastic provided an optimistic outlook for fiscal 2027, projecting total revenue between $1.985 billion and $2.000 billion, alongside continued share repurchases.
Key Highlights
- Q4 FY26 total revenue was $451 million, an increase of 16% year-over-year.
- Full FY26 total revenue reached $1.739 billion, up 17% year-over-year.
- Q4 FY26 non-GAAP diluted EPS was $0.61; full FY26 non-GAAP diluted EPS was $2.57.
- Current remaining performance obligations (cRPO) increased 20% year-over-year to $1.203 billion.
- Elastic repurchased 0.7 million shares for $40 million in Q4, and 4.4 million shares for $340 million in FY26.
- For Q1 FY27, total revenue is projected between $469 million and $470 million.
- For full FY27, total revenue is expected to be $1.985 billion to $2.000 billion.
- FY27 non-GAAP operating margin is guided at approximately 19.0%, with adjusted free cash flow margin at 21.5%.
Price Impact
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