ESTC ▲ +12.9% - Elastic N.V. $ESTC Q1’27 EARNINGS HIGHLIGHTS • Revenue: $478M (Est. $470M); +15% YoY • Adj. EPS: $0.70 (Est. $0.58); +17% YoY • Current RPO: $1.15B; +21% YoY • Adjusted FCF: $143M FY27 Guide: • Revenue: $2.00B-$2.01B (Est. $1.99B) • Adj. EPS: $3.29-$3.37 (Est. $3.24) • Sales-led Subscription: $1.68B-$1.69B; +17.4% YoY • Non-GAAP Operating Margin: 19.4% • Adjusted FCF Margin: 21.5% Q2 Guide: • Revenue: $486M-$487M (Est. $483M) • Adj. EPS: $0.80-$0.82 (Est. $0.80) • Sales-led Subscription: $407.5M-$408.5M; +16.9% YoY • Non-GAAP Operating Margin: 19.0% • GAAP Operating Margin: Positive Segment Net Revenue: • Elastic Cloud: $235.2M; +20% YoY • Sales-led Subscription: $398.5M; +18% YoY • Total Subscription: $449M; +15% YoY Other Q1 Metrics: • Net Expansion Rate: 111% • Non-GAAP Operating Income: $77M Elastic beat Q1 expectations on both revenue and adjusted earnings per share, delivering $478M in revenue versus $470M estimated and $0.70 in adjusted EPS versus $0.58 expected, while also raising full-year guidance above consensus. The company's strong execution was underscored by 15% year-over-year revenue growth, a 111% net expansion rate, and improved profitability metrics including a 19.4% non-GAAP operating margin and 21.5% adjusted free cash flow margin. 27-AUG-2026 04:10 PM ET