Elastic N.V. Stock Price, News & Analysis

Elastic (NYSE: ESTC) reported strong Q1 FY2026 financial results with total revenue reaching $415 million, up 20% year-over-year. The company's subscription revenue grew 20% to $389 million, while Elastic Cloud revenue increased 24% to $196 million.

Key metrics include a non-GAAP operating income of $65 million with a 16% margin, and over 1,550 customers with Annual Contract Value exceeding $100,000. The company maintained a healthy Net Expansion Rate of 112% and reported $1.494 billion in cash and equivalents.

Looking ahead, Elastic projects Q2 FY2026 revenue between $415-417 million and FY2026 total revenue of $1.679-1.689 billion, representing 14% year-over-year growth at the midpoint.

Elastic (NYSE: ESTC), the Search AI Company, has announced its participation in three upcoming investor conferences in September 2025. The company's management will present at Citi's Global TMT Conference on September 4, the Goldman Sachs Communacopia & Technology Conference on September 8, and the Piper Sandler Growth Frontiers Conference on September 11. All presentations will be available via webcast, with replays accessible through Elastic's investor relations website at ir.elastic.co.

Elastic (NYSE: ESTC), the Search AI Company, has scheduled its Q1 fiscal 2026 earnings release for Thursday, August 28, 2025, after U.S. market close. The company will hold a conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss financial results and business outlook.

Investors can access the live webcast through Elastic's investor relations website at ir.elastic.co. A replay will remain available for two months following the presentation.

Elastic (NYSE: ESTC) has launched Logs Essentials, a new tier within Elastic Cloud Serverless that provides serverless log analytics powered by Elasticsearch. This solution is specifically designed for Site Reliability Engineers (SREs) and developers, offering essential capabilities for log management without infrastructure overhead.

The new offering features fast log analytics with filters, pattern matching, alerting, and rich visualizations through ES|QL, Elastic's piped query language. Key benefits include seamless automatic scaling, high availability, and a cost-effective pricing model where users only pay for what they ingest and store.

Elastic (NYSE: ESTC) has launched the Elastic AI SOC Engine (EASE), a serverless security solution designed to enhance existing Security Information and Event Management (SIEM) and Endpoint Detection and Response (EDR) tools. The new offering integrates AI-driven context-aware detection and triage capabilities without requiring immediate system migration.

EASE features include agentless integrations with platforms like Splunk and Microsoft Sentinel, AI-powered alert correlation through Elastic Attack Discovery, and a context-aware AI Assistant that enriches investigations with internal knowledge sources. The solution aims to help security teams reduce alert fatigue, accelerate threat investigation, and maximize current security investments.

Elastic (NYSE: ESTC) has announced significant improvements to its vector search capabilities with two major enhancements: ACORN-1 algorithm and Better Binary Quantization (BBQ) as the default compression method.

The ACORN-1 algorithm delivers up to 5X faster filtered vector search by integrating filtering into HNSW graph traversal, enabling flexible filter definition at query time. BBQ, now default for dense vectors of 384+ dimensions in Elasticsearch 9.1, provides 32X compression while improving ranking quality, outperforming traditional float32-based search in 9 out of 10 industry-standard BEIR datasets.

Elastic (NYSE: ESTC) has announced significant updates to its Elasticsearch Query Language (ES|QL) in versions 8.19 and 9.1. The enhancements focus on three key areas: data enrichment, cross-cluster capabilities, and performance optimization.

Key features include the general availability of LOOKUP JOIN for data correlation across indexes, Cross-Cluster Search for querying distributed data, and built-in resilience with the new allow_partial_results setting. The update also introduces query monitoring capabilities and over 30 performance improvements, including up to 86x speedup for certain operations.

The platform currently serves over 10,000 clusters weekly, demonstrating significant market adoption.

Elastic (NYSE: ESTC) has announced the winners of its 2025 Elastic Excellence Awards, recognizing organizations leveraging its Search AI platform for transformative outcomes. Key winners include Vodafone Foundation for humanitarian efforts in education, Docusign for Intelligent Agreement Management, GitLab for DevSecOps observability, and Proficio for cybersecurity innovation.

The awards span multiple categories including Cause, Business Transformation, Innovation, and Public Sector achievements. Notable winners include Dialpad for AI-powered communications, the California Employment Development Department for public sector security enhancement, and BK Bhate as Certified Professional of the Year.

Elastic (NYSE: ESTC) has been named a Leader in the 2025 Gartner Magic Quadrant for Observability Platforms for the second consecutive year. The recognition highlights Elastic's strength in both Completeness of Vision and Ability to Execute.

The company's Elastic Observability platform stands out for its key differentiators including native OpenTelemetry support, AI-driven assistance with RAG technology, zero-config AIOps, advanced analytics through ES|QL query language, and optimized cost and performance at scale. According to Telefónica Germany, implementing Elastic's solution resulted in an 80% reduction in root cause analysis time.