Elastic beats by $0.10, beats on revs; guides Q1 EPS in-line, revs above consensus; guides FY26 EPS above consensus, revs below consensus
- Reports Q4 (Apr) earnings of $0.47 per share, excluding non-recurring items, $0.10 better than the FactSet Consensus of $0.37; revenues rose 15.9% year/year to $388.4 mln vs the $380.36 mln FactSet Consensus.
- Elastic Cloud revenue was $182 million, an increase of 23% year-over-year, as reported and on a constant currency basis.
- Total customer count with Annual Contract Value (ACV) greater than $100,000 was over 1,510 compared to over 1,460 in Q3 FY25, and over 1,330 in Q4 FY24.
- Co issues guidance for Q1, sees EPS of $0.41-$0.43, excluding non-recurring items, vs. $0.42 FactSet Consensus; sees Q1 revs of $396-$398 mln vs. $395.07 mln FactSet Consensus.
- Co issues mixed guidance for FY26, sees EPS of $2.24-$2.32 vs. $2.09 FactSet Consensus; sees FY26 revs of $1.655-$1.670 bln vs. $1.68 bln FactSet Consensus