Elastic N.V. shareholders adopted all eleven proposals at the annual meeting, including reappointing Paul Auvil, Alison Gleeson and Julia Liuson as directors, authorizing share issuance and repurchases, approving executive compensation, and favoring annual advisory compensation votes.
ESTC · Elastic N.V.
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Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q1 FY27 earnings call · Aug 27, 2026TL;DR. Elastic beat across all guided Q1 metrics with 15% revenue growth and 18% sales-led subscription growth, raised its full-year FY27 revenue, sales-led subscription, and EPS guidance, and reported record net additions to its >$100K ACV cohort and 21% cRPO growth.
- + Beat all guided metrics in Q1 with 15% revenue growth and 18% sales-led subscription growth
- + Record net additions to the >$100K ACV cohort, now 90% of sales-led subscription revenue
- + 21% cRPO growth and 27% RPO growth signal deepening multi-year customer commitments
- + AI adoption within >$100K ACV cohort jumped to 37% from ~21% a year ago
- + Adjusted free cash flow margin of 30% and $143M in adjusted free cash flow despite restructuring charges
- − Net Expansion Rate (NER) declined from 112% to 111%
- − GAAP operating loss of $24M and GAAP net loss per share of $0.16
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Mentioned in fund letters
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Still-open targets the latest release did not restate under the same label.
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| restructuring and other related charges | $19.9M | the three months ended July 31, 2026 filing | — |
| Adjusted free cash flow non-GAAP | $143M | first quarter of fiscal 2027 | — |
GAAP → non-GAAP reconciliationGAAP Net cash provided by operating activities 132M
-590K Less: Purchases of property and equipment
+11.86M Add: Interest paid on long-term debt
= Adjusted free cash flow 143.27M
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| Adjusted free cash flow margin non-GAAP | 30% | Three Months Ended July 31, 2026 | — |
| Current remaining performance obligations | $1.15B | first quarter of fiscal 2027 | — |
| Customers with Annual Contract Value greater than $100,000 | 1,800 | Q1 FY2027 | — |
| Net Expansion Rate | 111% | Q1 FY2027 | — |
| Non-GAAP gross margin non-GAAP | 76.6% | Three Months Ended July 31, 2026 | — |
| Non-GAAP operating income non-GAAP | 77.26M | Three Months Ended July 31, 2026 | — |
GAAP → non-GAAP reconciliationGAAP GAAP operating loss -23.57M
+77.55M Stock-based compensation expense and related employer taxes
+2.62M Amortization of acquired intangibles
+755K Acquisition-related expenses
+19.92M Restructuring and other related charges
= Non-GAAP operating income 77.26M
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| Non-GAAP operating margin non-GAAP | 16.2% | Three Months Ended July 31, 2026 | — |
| Operating cash flow | $132M | first quarter of fiscal 2027 | — |
| Remaining performance obligations | $1.85B | first quarter of fiscal 2027 | — |
| Remaining performance obligations due within 12 months | 1.15B | Three Months Ended July 31, 2026 | — |
| Sales-led subscription revenue non-GAAP | $399M | first quarter of fiscal 2027 | — |
| Total deferred revenue | 883.95M | Three Months Ended July 31, 2026 | — |
| Advertising costs | $20.4M | year ended April 30, 2026 filing | — |
| Annual Elastic Cloud revenue growth | 28% | fiscal 2026 filing | — |
| Elastic Cloud contribution to total revenue | 48% | fiscal year ended April 30, 2026 filing | +4.3% |
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| Elastic Cloud subscription revenue growth | 22% | fiscal 2026 filing | — |
| Interest and penalties recognized | $0.7M | year ended April 30, 2026 filing | — |
| Other subscriptions revenue growth | 14% | fiscal 2026 filing | — |
| Subscription revenue as percentage of total revenue | 94% | year ended April 30, 2026 filing | +1.1% |
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Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Software - Application — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
ESTC
this stock
Elastic N.V.
|
$8.84B | +11.6% | +17.3% | 24.1 | 3.9% |
|
SAP
Sap SE
|
$280.06B | +0.3% | — | — | 0.1% |
|
QH
QUHUO Ltd
|
$246.48B | +150.0% | +59.7% | — | 0.0% |
|
SHOP
Shopify Inc.
|
$184.90B | -10.7% | +30.1% | 87.1 | 1.6% |
|
CRM
Salesforce, Inc.
|
$183.04B | -16.0% | +25.9% | 20.3 | 3.4% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Oct 15, 2026
- This year
- 17
Elastic N.V. shareholders adopted all eleven proposals at the annual meeting, including reappointing Paul Auvil, Alison Gleeson and Julia Liuson as directors, authorizing share issuance and repurchases, approving executive compensation, and favoring annual advisory compensation votes.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| ESTC | -18.5% | -11.6% | +66.4% | -13.5% | +11.6% |
| SPY | -4.7% | -5.3% | -0.8% | -3.0% | +7.5% |
| vs SPY | -13.8% | -6.3% | +67.2% | -10.4% | +4.1% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.