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Elastic (ESTC) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

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Elastic (ESTC - Free Report) reported $450.68 million in revenue for the quarter ended April 2026, representing a year-over-year increase of 16%. EPS of $0.61 for the same period compares to $0.47 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $446.4 million, representing a surprise of +0.96%. The company delivered an EPS surprise of +8.72%, with the consensus EPS estimate being $0.56.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Elastic performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenue- Services: $28.24 million compared to the $25.77 million average estimate based on eight analysts. The reported number represents a change of +5.8% year over year.
  • Revenue- Subscription: $422.45 million versus $420.6 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +16.8% change.
  • Revenue- Subscription- Elastic Cloud: $217.36 million versus $216.86 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +19.8% change.
  • Revenue- Subscription- Other subscription: $205.09 million versus the seven-analyst average estimate of $204.05 million. The reported number represents a year-over-year change of +13.8%.
  • Revenue- Subscription- Elastic Cloud- Annual Elastic Cloud: $169.6 million compared to the $167.57 million average estimate based on three analysts.
  • Revenue- Subscription- Elastic Cloud- Monthly Elastic Cloud: $47.77 million versus the three-analyst average estimate of $48.87 million.

View all Key Company Metrics for Elastic here>>>

Shares of Elastic have returned +13.7% over the past month versus the Zacks S&P 500 composite's +5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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