Filing Flows › Elastic N.V. (ESTC) › Q3 FY26
Elastic N.V. (ESTC) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Feb 27, 2026
Elastic N.V. (ESTC) reported revenue of $450M for the third quarter fiscal 2026 (Q3 FY26), +18% from a year earlier and +6% from the quarter before. Operating margin was 0.1%, net earnings $7.8M (1.7% of revenue).
Elastic N.V., Q3 FY26: revenue $450M (+18% year over year), operating margin 0.1%, net earnings $7.8M, operating cash flow $42.7M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $450M | +6% | +18% |
| Gross profit | $343M | +7% | +21% |
| Operating profit | $611K | — | — |
| Net earnings | $7.8M | — | — |
| Operating cash flow | $42.7M | +61% | -51% |
| Free cash flow | $41.8M | +61% | -52% |
What changed
Revenue was $449.9M in Q3 FY26, up 18% year over year and up 6% from the previous quarter. Self-managed subscription was the largest line at 46% of revenue. Saa S Self Managed - Annual added $35.7M year over year (up 27%), 53% of the total change.
Gross margin was 76.3%, up 1.8 points from Q3 FY25. Operating profit was $611K, a 0.1% margin (up 1.3 points year over year). Operating expenses grew 18% against revenue growth of 18%. The fastest-growing cost line was General & admin (+22%). Net earnings were $7.8M. The effective tax rate was -25.8%. Non-operating items added $5.6M, 90% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $42.7M (down 51% year over year), 551% of net earnings. Non-cash charges added back $3.4M of depreciation and amortization and $78.1M of share-based compensation. Working capital and other items used $46.6M. Capital expenditures of $936K left free cash flow of $41.8M.
Questions
What was Elastic N.V.'s revenue in the third quarter fiscal 2026?
Elastic N.V.
Was Elastic N.V. profitable in the third quarter fiscal 2026?
Operating profit was $611K (0.1% of revenue) and net earnings $7.8M.
Source: Elastic N.V. 10-Q on SEC EDGAR.