Elastic reports $478M quarter and raises fiscal 2027 outlook to as much as $2.01B

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))

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))