Elastic (3E1) Earnings Dates, Call Summary & Reports

Q: What is the P/E ratio of Elastic stock?

The P/E ratio of {name} is N/A.

Compare

3 Followers

Earnings Data

Report Date

May 28, 2026

After Close (Confirmed)

Period Ending

2026 (Q4)

Consensus EPS Forecast

0.48

Last Year’s EPS

0.4

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 23 Analysts Ratings

Earnings Call Summary

Q3 2026

Earnings Call Date:Feb 26, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed strong execution: Elastic beat guidance, accelerated sales‑led subscription growth (21% YoY), crossed a $1B CRPO milestone, expanded AI customer penetration (2,700+ vector DB Cloud users, >3,000 total AI customers), delivered product milestones (Agent Builder GA, Jina rerankers, Cloud Connect) and maintained healthy margins (Q3 non‑GAAP operating margin 18.6%). Management raised full‑year revenue and sales‑led subscription guidance while prudently guiding Q4 due to a shorter quarter and seasonal cost timing. Near‑term concerns include a guided sequential pullback in sales‑led subscription for Q4, expected margin compression into Q4 (~14.5%), and CRPO growth that is robust but still in mid‑teens vs. the 20%+ inflection some expect. Overall, positive commercial momentum, AI adoption and product differentiation outweigh the limited near‑term seasonality and guidance conservatism.

Company Guidance

Elastic guided Q4 FY‑2026 total revenue of $445–447M (≈15% growth at the midpoint, 13% CC) and sales‑led subscription revenue of $371–373M (≈18% growth at the midpoint, 15% CC), with non‑GAAP operating margin ~14.5% and non‑GAAP diluted EPS $0.55–0.57 using 105.5–106.5M diluted shares; they raised full‑year FY‑2026 targets to total revenue $1.734–1.736B (~17% growth midpoint, 15% CC) and sales‑led subscription $1.434–1.436B (~20% growth midpoint, 18% CC), with full‑year non‑GAAP operating margin ~16.3% and non‑GAAP diluted EPS $2.50–2.54 using 107–108M shares. Management noted Q4 has three fewer days (a ~3% / $14–15M sequential revenue headwind), reaffirmed they expect FY‑2026 adjusted free cash flow margins to be in line with FY‑2025 (Q3 adj. FCF ≈ $54M, ~12% margin), and pointed to healthy forward visibility (CRPO ≈ $1.06B, +19% Y/Y; RPO +22% Y/Y) that underpins the guidance.

Revenue Beat and Raised Full-Year Revenue Guide

Q3 total revenue of $450M, up ~18% year-over-year (16% constant currency); company beat the high end of guidance and raised full-year total revenue guide to $1.734B–$1.736B (~17% growth at midpoint, 15% cc).

Acceleration in Sales-Led Subscription Revenue

Sales-led subscription revenue of $376M in Q3, up 21% YoY (19% cc); full-year sales-led subscription revenue guide raised to $1.434B–$1.436B (20% growth at midpoint, 18% cc).

CRPO Milestone and Strong Contract Backlog

CRPO crossed $1.0B for first time (~$1.06B), growing 19% as reported (15% cc); RPO grew 22% (18% cc), signaling strong multi‑year commitments and near-term revenue visibility.

Material Large-Deal Momentum

Count of customers with ACV > $100k exceeded 1,660 (up 14% YoY) with ~60 net additions QoQ; commitments > $1M grew >30% YoY and multiple 7‑figure new logo and expansion deals closed across security, observability and search.

Robust Profitability and Gross Margins

Q3 non‑GAAP operating margin of 18.6%, subscription gross margin of 82% and total gross margin of 78%; adjusted free cash flow of ~$54M in Q3 (~12% margin). Full‑year non‑GAAP operating margin guide updated to ~16.3%.

Strong AI Adoption Metrics

More than 2,700 Elastic Cloud customers using Elastic as a vector database and total AI customers >3,000; >470 customers with ACV ≥ $100k using Elastic for AI (including >410 using as vector DB); AI use cases have penetrated over 25% of the $100k ACV cohort.

Product and Technical Milestones

GA launch of Agent Builder; Elastic inference service expanded with Jina AI multilingual rerankers; Elastic Workflows (technical preview); Cloud Connect for self‑managed customers; Elasticsearch GPU plug‑in technical preview (12x faster indexing).

Performance and Cost Efficiency Leadership

Engineering improvements reduced RAM requirements for vector search by ~100x in last 18 months and claim up to 8x faster vector search vs OpenSearch; innovations (BBQ, Disk BBQ, Acorn) drove performance and cost advantages referenced in multiple customer wins.

Share Repurchase and Capital Return

Returned ~$186M to shareholders in Q3 (≈2.4M shares); cumulatively repurchased 3.8M shares and completed ~60% of the $500M repurchase program.

Notable Public Sector and Strategic Wins

CISA SIEM as a service win with additional federal agencies onboarding; strategic partnerships (Dell, NVIDIA) and joint initiatives to position Elastic in AI infrastructure stacks.

Elastic (DE:3E1) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

DE:3E1 Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 28, 2026	2026 (Q4)	0.48 / -	0.399	―	―	―
Feb 26, 2026	2026 (Q3)	0.55 / 0.62	0.534	15.87% (+0.08)
Nov 20, 2025	2026 (Q2)	0.49 / 0.54	0.5	8.47% (+0.04)
Aug 28, 2025	2026 (Q1)	0.36 / 0.51	0.297	71.43% (+0.21)
May 29, 2025	2025 (Q4)	0.31 / 0.40	0.178	123.81% (+0.22)
Feb 27, 2025	2025 (Q3)	0.40 / 0.53	0.305	75.00% (+0.23)
Nov 21, 2024	2025 (Q2)	0.32 / 0.50	0.314	59.46% (+0.19)
Aug 29, 2024	2025 (Q1)	0.22 / 0.30	0.212	40.00% (+0.08)
May 30, 2024	2024 (Q4)	0.17 / 0.18	0.187	-4.55% (>-0.01)
Feb 29, 2024	2024 (Q3)	0.27 / 0.31	0.144	111.76% (+0.16)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DE:3E1 Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 26, 2026	€51.60	―	―
Nov 20, 2025	€75.70	€61.32	-19.00%
Aug 28, 2025	€72.92	€81.20	+11.35%
May 29, 2025	€81.14	€70.64	-12.94%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.