Elastic (ESTC) Earnings Dates, Call Summary & Reports

2,516 Followers

Earnings Data

Report Date

Aug 27, 2026

After Close (Confirmed)

Period Ending

2027 (Q1)

Consensus EPS Forecast

0.6

Last Year’s EPS

0.6

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 27 Analysts Ratings

Earnings Call Summary

Q4 2026

Earnings Call Date:May 28, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveys a predominantly positive operational and strategic picture: strong backlog (CRPO/RPO) acceleration, steady revenue and subscription growth, margin expansion, robust adjusted free cash flow, large customer wins, and notable AI product traction and adoption. Near‑term variability is acknowledged — driven by a shift toward cloud commitments that delay some revenue recognition, a flattish monthly SMB cloud cohort, reliance on ramped sales execution for back‑half acceleration, and a one‑time GAAP tax benefit that clouds GAAP comparability. Overall, strengths in AI positioning, product differentiation, and improving unit economics outweigh the short‑term timing and mix headwinds.

Company Guidance

Elastic's guidance for FY27 calls for Q1 total revenue of $469–$470M (≈13.1% y/y at midpoint; 12.8% cc), sales‑led subscription revenue of $392–$393M (≈15.9% y/y; 15.6% cc), non‑GAAP operating margin of ~14%, and non‑GAAP diluted EPS of $0.57–$0.59 on 106–107M diluted shares. For the full year FY27 they expect total revenue of $1.985–$2.0B (≈14.6% y/y at midpoint; 14.5% cc), sales‑led subscription revenue of $1.673–$1.688B (≈16.9% y/y; 16.8% cc), non‑GAAP operating margin of ~19%, non‑GAAP diluted EPS of $3.21–$3.29 on 107.5–108.5M shares, and adjusted free cash flow margin of ~21.5% (ex‑acquisitions/one‑offs). The company expects to expand operating margin by ~2.5 percentage points in FY27, remain net headcount positive, see Q1 as the lowest‑growth quarter with acceleration into Q4, and reaffirmed medium‑term targets of roughly 25% non‑GAAP operating margin and >20% sales‑led subscription growth by FY29.

Accelerating Backlog and Contract Metrics (CRPO / RPO)

Q4 CRPO grew to $1.2B (20% YoY) and RPO accelerated to $1.98B (28% YoY). Non-current RPO (beyond 12 months) grew 43% YoY, signaling stronger multi‑year commitments and backlog that should convert to revenue over the next 12+ months.

Revenue Growth and Sales‑Led Momentum

Q4 total revenue was $451M, up ~16% reported (14% constant currency). Q4 sales‑led subscription revenue was $375M, up 19% reported (16% constant currency). Full‑year FY2026 revenue grew 17% and sales‑led subscription revenue grew ~20% for the year.

Margin Expansion and Cash Generation

Non‑GAAP operating margin expanded to 14.8% in Q4 and finished FY2026 at 16.4% (≈120 bps expansion). Adjusted free cash flow margin ~20% for FY2026; combined metric (adj. FCF margin + total revenue growth) = 37%, showing progress toward Rule of 40.

Aggressive Capital Return Execution

Company executed share repurchases under the $500M authorization: returned ~$40M in Q4, repurchased ~4.4M shares since October, and has used ~68% of the authorized amount, demonstrating active capital return to shareholders.

Large Deal and Customer Expansion

Record Q4 for $1M+ deals; added more than 30 net new $1M+ ACV customers in FY2026 (total >240). Customers spending >$5M ACV grew ~30%. Secured marquee wins including a 7‑figure new logo, a 7‑figure expansion, and an 8‑figure Fortune 50 security consolidation.

Strong AI Adoption and Traction

Over 600 customers with ACV ≥ $100k are using Elastic for AI use cases (includes >40 serverless customers). AI use cases have penetrated more than one‑third of the $100k ACV cohort; AI‑using cohorts are expanding ~5% faster than others, driving higher consumption and commitment rates.

Product Innovation and Technical Differentiation

Launched cross‑project search for serverless, GINA V5 Omni embedding family, agent builder (GA), and native Prometheus support. New metrics offering claims up to 30x faster query speeds vs Prometheus and significant ingestion/storage efficiency. A blog benchmark showed ~70% token reduction vs naive RAG when using Elastic as a context layer.

FY2027 Guidance Reflects Revenue Acceleration and Margin Expansion

FY2027 guidance: total revenue $1.985B–$2.0B (~14.6% YoY at midpoint), sales‑led subscription $1.673B–$1.688B (~16.9% YoY at midpoint). Company expects to expand non‑GAAP operating margin to ~19% in FY2027 and raise adj. FCF margin to ~21.5% (ex‑acquisitions), and targets ~25% operating margin by FY2029.

Elastic (ESTC) 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 >

ESTC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 27, 2026	2027 (Q1)	0.59 / -	0.6	―	―	―
May 28, 2026	2026 (Q4)	0.56 / 0.61	0.47	29.79% (+0.14)
Feb 26, 2026	2026 (Q3)	0.65 / 0.73	0.63	15.87% (+0.10)
Nov 20, 2025	2026 (Q2)	0.58 / 0.64	0.59	8.47% (+0.05)
Aug 28, 2025	2026 (Q1)	0.42 / 0.60	0.35	71.43% (+0.25)
May 29, 2025	2025 (Q4)	0.37 / 0.47	0.21	123.81% (+0.26)
Feb 27, 2025	2025 (Q3)	0.47 / 0.63	0.36	75.00% (+0.27)
Nov 21, 2024	2025 (Q2)	0.38 / 0.59	0.37	59.46% (+0.22)
Aug 29, 2024	2025 (Q1)	0.26 / 0.35	0.25	40.00% (+0.10)
May 30, 2024	2024 (Q4)	0.20 / 0.21	0.22	-4.55% (-0.01)

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

ESTC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 28, 2026	$57.61	$64.70	+12.31%
Feb 26, 2026	$61.58	$52.07	-15.44%
Nov 20, 2025	$82.08	$70.04	-14.67%
Aug 28, 2025	$87.79	$85.06	-3.11%

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.