Filing Flows › Elastic N.V. (ESTC) › How it makes money
How Elastic N.V. (ESTC) makes money
Elastic N.V. (ESTC) made $478M of revenue in the first quarter fiscal 2027 (Q1 FY27), +15% from a year earlier. Total subscription brought in $449M (94%); Services brought in $29.4M (6%).
Drawing the Sankey…
Revenue by segment, Q1 FY27
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Total subscription | $449M | 93.9% | +6% | +15% |
| ↳ Self-managed subscription | $214M | 44.7% | +4% | +11% |
| ↳ Saa S Self Managed - Annual | $185M | 38.7% | +9% | +27% |
| ↳ Saa S Self Managed - Monthly | $50.2M | 10.5% | +5% | +0.7% |
| Services | $29.4M | 6.1% | +4% | +10% |
Where each dollar of revenue goes
| Line | Q1 FY27 | % of revenue |
|---|---|---|
| Revenue | $478M | 100.0% |
| Operating cash flow | $132M | 27.6% |
| Free cash flow | $131M | 27.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q1 FY27 | $478M | +15% |
| Q4 FY26 | $451M | +16% |
| Q3 FY26 | $450M | +18% |
| Q2 FY26 | $423M | +16% |
| Q1 FY26 | $415M | +20% |
| Q4 FY25 | $388M | +16% |
| Q3 FY25 | $382M | +16% |
From Elastic N.V.'s 10-Q filed Aug 28, 2026 (on EDGAR).
Questions
How does Elastic N.V. make money?
Elastic N.V. (ESTC) made $478M of revenue in the first quarter fiscal 2027 (Q1 FY27), +15% from a year earlier. Total subscription brought in $449M (94%); Services brought in $29.4M (6%).
What is Elastic N.V.'s biggest business?
Total subscription: $449M in the first quarter fiscal 2027, 94% of revenue, +15% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.