Elastic N.V. (ESTC) Tops Q1 EPS by 12c, Beats on Revenue; offers FY27 Guidance

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Elastic Reports First Quarter Fiscal 2027 Financial Results

August 27, 2026 4:05 PM EDT

cRPO growth of 21% as reported and 20% on a constant currency basis

Q1 net additions to our >$100K ACV customer cohort reach the highest level to date

SAN FRANCISCO--(BUSINESS WIRE)-- Elastic (NYSE: ESTC), the Search AI Company, announced financial results for its first quarter of fiscal 2027 ended July 31, 2026.

First Quarter Fiscal 2027 Financial Highlights

Total revenue was $478 million, an increase of 15% year-over-year, as reported and on a constant currency basis Total subscription revenue was $449 million, an increase of 15% year-over-year,... More