Elastic N.V. announced its financial results for the first quarter of fiscal year 2026, ended July 31, 2025. The company reported total revenue of $415.3 million, representing a 20% increase year-over-year, surpassing Wall Street's estimates of $397.2 million.
Elastic also reported a GAAP net loss of $24.6 million, or $0.23 per share, for the quarter. The adjusted earnings per share of $0.60 significantly exceeded analysts' consensus estimates, demonstrating strong profitability performance.
Following these results, Elastic provided guidance for the second quarter of fiscal year 2026, anticipating revenue around $416 million at the midpoint, which is 1.4% above analysts’ estimates. The company reaffirmed its full fiscal year 2026 guidance, indicating confidence in continued double-digit revenue growth despite a complex macro environment.
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