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.
Tickers: $ESTC
Topics: AI Adoption Earnings Revenue Growth Subscription Model