Filing Flows › Elastic N.V. (ESTC) › Q4 FY26
Elastic N.V. (ESTC) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Jun 8, 2026
Elastic N.V. (ESTC) reported revenue of $451M for the fourth quarter fiscal 2026 (Q4 FY26), +16% from a year earlier and +0.2% from the quarter before. Operating margin was -3.6%, net earnings $436M (96.7% of revenue).
Elastic N.V., Q4 FY26: revenue $451M (+16% year over year), operating margin -3.6%, net earnings $436M, operating cash flow $153M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $451M | +0.2% | +16% |
| Operating profit | −$16.4M | -2786% | — |
| Net earnings | $436M | 56× | — |
| Operating cash flow | $153M | +257% | +76% |
| Free cash flow | $150M | — | +77% |
What changed
Revenue was $450.7M in Q4 FY26, up 16% year over year and roughly flat from the previous quarter. Self-managed subscription was the largest line at 46% of revenue.
Gross margin was 75.4%, up 0.5 points from Q4 FY25. Operating costs exceeded revenue by $16.4M, an operating margin of -3.6%. Operating expenses grew 18% against revenue growth of 16%. The fastest-growing cost line was Research & development (+27%). Net earnings were $435.9M. Non-operating items added $6.6M, -68% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $152.7M (up 76% year over year), 35% of net earnings. Non-cash charges added back $3.2M of depreciation and amortization and $77.5M of share-based compensation. Working capital and other items used $363.8M. After purchases of property and equipment ($2.9M), adjusted free cash flow as the company reports it was $149.8M.
Questions
What was Elastic N.V.'s revenue in the fourth quarter fiscal 2026?
Elastic N.V.
Was Elastic N.V. profitable in the fourth quarter fiscal 2026?
Operating loss was $16.4M (-3.6% of revenue) and net earnings $436M.
Source: Elastic N.V. 10-K on SEC EDGAR.