Elastic Q1 FY27 GAAP net loss narrows to $17 million; revenue rises 15% year over year to $478 million
ESTC•Q1 FY27 results and outlook
- Elastic posted Q1 FY2027 revenue of USD 478 million, up 15% year over year; remaining performance obligations climbed 27% to USD 1.85 billion.
- GAAP operating loss widened to USD 24 million; GAAP net loss per share was USD 0.16.
- Non-GAAP operating income rose to USD 77 million with a 16.2% margin; non-GAAP diluted earnings per share was USD 0.70.
- Operating cash flow increased to USD 132 million; adjusted free cash flow was USD 143 million.
- Outlook calls for Q2 revenue of USD 486 million to USD 487 million; fiscal 2027 revenue of USD 2.0 billion to USD 2.01 billion.
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