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Elastic Reports First Quarter Fiscal 2026 Financial Results

1. Elastic reported $415 million in Q1 revenue, a 20% increase year-over-year. 2. Subscription revenue reached $389 million, maintaining a strong growth trajectory.

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$87.7908/28 10:34 PM EDTLatest Updated
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FAQ

Why Bullish?

The 20% revenue growth is a strong indicator of Elastic's financial health, motivating investor confidence. Historically, consistent revenue growth has led to positive stock performance in similar tech companies.

How important is it?

The firm’s robust earnings reinforce its market position and potential growth, which can substantially influence stock prices.

Why Short Term?

Immediate investor response is likely to be positive after strong earnings reports. Previous earnings surges in tech have often led to short-term price increases.

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SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the Search AI Company, announced financial results for its first quarter of fiscal 2026 ended July 31, 2025. First Quarter Fiscal 2026 Financial Highlights Total revenue was $415 million, an increase of 20% year-over-year, or 18% on a constant currency basis Total subscription revenue was $389 million, an increase of 20% year-over-year, or 19% on a constant currency basis Sales-led subscription revenue (calculated as subscription.

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