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# Elastic reports $478M quarter and raises fiscal 2027 outlook to as much as $2.01B
- URL: https://www.enterprisey.com/elastic-reports-478m-quarter-and-raises-fiscal-2027-outlook-to-as-much-as-2-01b/
- Published: 2026-08-27T21:45:00.000Z
- Updated: 2026-10-26T04:14:57.000Z
- Description: Elastic's fiscal Q1 2027 revenue rose 15% to $478M and current remaining performance obligations grew 21% to $1.153B. It set full-year revenue guidance at $1.998B-$2.010B.
- Author: Enterprisey Admin
- Tags: News, Earnings

Elastic's fiscal Q1 2027 revenue rose 15% to $478M and current remaining performance obligations grew 21% to $1.153B. It set full-year revenue guidance at $1.998B-$2.010B. ([Elastic release via Business Wire (01net.it repost)](https://www.01net.it/elastic-reports-first-quarter-fiscal-2027-financial-results/?ref=enterprisey.com))

Sales-led subscription revenue rose 18% to $399M. Non-GAAP diluted EPS was $0.70; the GAAP loss included a $19.9M restructuring charge. Q2 revenue guidance is $486M-$487M. ([Elastic release via Business Wire (01net.it repost)](https://www.01net.it/elastic-reports-first-quarter-fiscal-2027-financial-results/?ref=enterprisey.com))