Elastic Beats Q1 FY27 Estimates, Guides to $2B Full-Year Revenue
ESTC has more than doubled off its 52-week low of $42.05 on elevated volume (2.0× avg).
Summary
Elastic reported Q1 FY27 revenue of $478M (up 15% YoY), beating guidance, with non-GAAP EPS of $0.70. Full-year FY27 revenue guidance of ~$2B implies continued double-digit growth.
Key Events · Earnings and Guidance · ESTC
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Q1 FY27 Revenue Beats Guidance
Total revenue of $478 million, up 15% year-over-year, with subscription revenue of $449 million. Non-GAAP EPS of $0.70 exceeded expectations.
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Full-Year FY27 Guidance Raised
Company guides to $1.998–$2.010 billion in FY27 revenue (15.2% growth at midpoint) and non-GAAP EPS of $3.29–$3.37.
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Record >$100K ACV Customer Additions
Customer count with ACV >$100K exceeded 1,800, up from 1,720 in Q4 FY26, with net expansion rate of approximately 111%.
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Share Repurchase Continues
Repurchased 0.8 million shares at $49.71 average price ($40 million) in Q1 FY27 under the $500 million program announced October 2025.
Analysis · ESTC · Technology
Elastic delivered a strong Q1 FY27 with revenue of $478 million, up 15% year-over-year, beating guidance across all key metrics. Non-GAAP EPS of $0.70 exceeded expectations, and the company raised its full-year revenue outlook to approximately $2 billion. The quarter also saw record net additions to the >$100K ACV customer cohort and continued share repurchases, signaling durable demand across Search & AI, Security, and Observability.
How filings like this one have moved
In the 30 days to Nov 3, 2026, 32.3% of the 2077 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ESTC was trading at $87.00 on NYSE in the Technology sector, with a market capitalization of approximately $8.7B. The 52-week trading range was $42.05 to $96.07. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.