Elastic N.V. 8K

Elastic N.V. announced strong Q1 FY2027 financial results, ongoing share repurchases, and provided upbeat revenue, margin, and cash flow guidance for Q2 and full fiscal 2027, supported by AI-focused product advances and strategic partnerships.

Elastic N.V. reported its first quarter fiscal 2027 results for the period ended July 31, 2026, announcing 15% year-over-year total revenue growth to $478 million, strong subscription and cRPO/RPO growth, positive non-GAAP operating income and EPS, and robust operating and adjusted free cash flow, alongside continued AI-driven product innovations, recognition in key industry reports, and a collaboration with OpenAI. The company highlighted record net additions to customers with over $100K in ACV, detailed multiple new observability, search, and security capabilities, and disclosed that under its previously announced $500 million share repurchase program it bought back approximately 0.8 million shares for about $40 million during the quarter. Elastic also provided guidance for Q2 and full fiscal 2027, forecasting mid-teens revenue growth, positive GAAP operating margins, non-GAAP operating margins around 19%–19.4%, improving non-GAAP EPS, and an adjusted free cash flow margin of roughly 21.5%, while cautioning investors with standard forward-looking statements and non-GAAP measure disclosures.

Filing Facts

CIK

1707753

Ticker

-

Form

8K

Source Type

sec

Accession

0001707753-26-000035

Alert Tier

7