Filing Flows › Elastic N.V. (ESTC) › Q1 FY27
Elastic N.V. (ESTC) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Aug 28, 2026
Elastic N.V. (ESTC) reported revenue of $478M for the first quarter fiscal 2027 (Q1 FY27), +15% from a year earlier and +6% from the quarter before. Operating margin was -4.9%, net loss $16.7M (3.5% of revenue).
Elastic N.V., Q1 FY27: revenue $478M (+15% year over year), operating margin -4.9%, net loss $16.7M, operating cash flow $132M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $478M | +6% | +15% |
| Operating profit | −$23.6M | — | — |
| Net earnings | −$16.7M | -104% | — |
| Operating cash flow | $132M | -14% | +26% |
| Free cash flow | $131M | -12% | +26% |
What changed
Revenue was $478.1M in Q1 FY27, up 15% year over year and up 6% from the previous quarter. Self-managed subscription was the largest line at 45% of revenue. Saa S Self Managed - Annual added $39.1M year over year (up 27%), 62% of the total change.
Gross margin was 74.5%, down 2.2 points from Q1 FY26. Operating costs exceeded revenue by $23.6M, an operating margin of -4.9%. Operating expenses grew 16% against revenue growth of 15%. The fastest-growing cost line was Sales & marketing (+14%). The quarter ended with a net loss of $16.7M, after a profit of $435.9M the previous quarter. Non-operating items added $6.3M, -37% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $132.0M (up 26% year over year). Non-cash charges added back $3.3M of depreciation and amortization and $74.8M of share-based compensation. Working capital and other items added $70.6M. Capital expenditures of $590K left free cash flow of $131.4M.
Questions
What was Elastic N.V.'s revenue in the first quarter fiscal 2027?
Elastic N.V.
Was Elastic N.V. profitable in the first quarter fiscal 2027?
Operating loss was $23.6M (-4.9% of revenue) and net loss $16.7M.
Source: Elastic N.V. 10-Q on SEC EDGAR.