Elastic N.V. Q3 2026 Earnings Recap

ESTC Q3 2026 February 27, 2026

Get alerts when ESTC reports next quarter

Elastic demonstrated robust financial performance in Q3 FY2026, achieving 18% revenue growth and exceeding guidance across all key metrics, underscoring strong demand for its AI-driven data solutions.

Earnings Per Share Beat

$0.73 vs $0.64 est.

+14.1% surprise

Revenue Beat

449881000 vs 438449400 est.

+2.6% surprise

Market Reaction

1-Day -15.44%

5-Day -15.8%

30-Day -13.43%

See ESTC alongside your other holdings

Add to your portfolio — free

Key Takeaways

Total revenue grew by 18% year-over-year, driven by a 21% increase in sales-led subscription revenue.
The number of $100,000 annual contract value customers surpassed 1,660, reflecting strong adoption of the Elastic platform.
New commitments exceeding $1 million in annual value rose over 30%, indicating strong customer expansion and new logo acquisitions.
The company secured significant deals with major enterprises, including Fortune 100 companies, enhancing its position in security and observability markets.
Elastic continues to leverage its hybrid cloud flexibility, positioning itself as a leader in AI-enhanced data management for enterprises.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit ESTC on AllInvestView.