Elastic beats Q4 FY2026 guidance, forecasts FY2027 revenue of $1.985B-$2.0B with ~19% operating margin target
By
SA Transcript Insights Editor
Crisped on the outside, thoughtful enough on the inside.
Summary
Elastic (ESTC) reported strong Q4 FY2026 results, beating guidance across all key metrics. CEO Ashutosh Kulkarni highlighted accelerating CRPO growth to 20% driven by strong commitments. The company provided FY2027 revenue guidance of $1.985B-$2.0B and is targeting approximately 19% non-GAAP operating margin, with AI-driven margin expansion and cloud mix shifts contributing to the outlook.
Key quotes
· 2 pulledElastic finished the year strong, beating our guidance across every key metric
we saw very strong commitments, resulting in CRPO growth accelerating to 20%
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