Elastic Reports Strong Q4 Fiscal 2026 Results with Revenue Growth and AI-Driven Momentum

Elastic (NYSE:ESTC) reported better-than-expected fourth-quarter fiscal 2026 results, driven by a 16% revenue increase to $451 million. The company highlighted strong subscription growth, rising adoption of its AI capabilities among over 600 customers, and an uptick in multi-year deals. Management also raised guidance for fiscal 2027 and increased the operating margin target for fiscal 2029.

By MarketBeat Fri, May 29, 2026 at 2:07 AM GMT+3 8 min read · Yahoo Finance ·

Elastic Reports Strong Q4 Fiscal 2026 Results with Revenue Growth and AI-Driven Momentum

Tickers: $ESTC

Topics: AI Adoption Earnings Revenue Growth Subscription Model

Read the full article at Yahoo Finance

More World news