Core Insights - Elastic N.V. reported third-quarter results that surpassed analyst expectations, but shares fell over 15% intra-day due to concerns about the fourth-quarter outlook [1] Group 1: Financial Performance - The company posted adjusted earnings per share of $0.73, exceeding the consensus estimate of $0.65 by $0.08 [1] - Revenue increased by 18% year-over-year to $450 million, surpassing analyst expectations of $438.38 million [1] - Subscription revenue rose by 19% to $426 million, while sales-led subscription revenue advanced by 21% to $376 million [2] Group 2: Future Projections - For the fourth quarter of fiscal 2026, Elastic forecasts revenue between $445 million and $447 million, with a midpoint of $446 million indicating 15% year-over-year growth [2] - Adjusted earnings per share for the fourth quarter are projected to be between $0.55 and $0.57 [2] - For the full fiscal 2026, the company expects revenue between $1.734 billion and $1.736 billion, slightly above the $1.72 billion consensus estimate [3] Group 3: Customer Metrics - Elastic's customer base with annual contract value above $100,000 grew to over 1,660, up from over 1,460 in the prior-year quarter [3] - The net expansion rate was approximately 112% [3]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________________________________________________________________________________________________________________________ FORM ____________________________________________________________________________________________________________________10-Q ________________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 ...

U.S. stock futures were lower this morning, with the Dow futures falling around 250 points on Friday.Shares of Flutter Entertainment PLC (NYSE:FLUT) fell sharply in pre-market trading after the company reported worse-than-expected fourth-quarter financial results and issued weak FY26 revenue guidance.Flutter reported fourth-quarter revenue of $4.74 billion, up 25% year-over-year. The revenue missed a Street consensus estimate of $4.97 billion, according to data from Benzinga Pro. The company reported quarte ...

[Table_Page] 公告点评|软件开发 证券研究报告 [Table_Title] 星环科技-U（688031.SH） 25 年营收重回高增长，认知数据库锋芒显露 [Table_Summary] 核心观点： 盈利预测： | [Table_ 单位 Finance] :人民币百万元 | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业收入 | 491 | 371 | 448 | 518 | 595 | | 增长率（ % ） | 31.7% | -24.3% | 20.5% | 15.8% | 14.8% | | EBITDA | -259 | -283 | -213 | -85 | -49 | | 归母净利润 | -288 | -343 | -245 | -109 | -73 | | 增长率（ ） % | - | - | - | - | - | | EPS（元/股） | -2.39 | -2.84 | -2.03 | -0.90 | -0.60 | | 市盈率（P/E） | - | - | - ...

For the quarter ended January 2026, Elastic (ESTC) reported revenue of $449.88 million, up 17.8% over the same period last year. EPS came in at $0.73, compared to $0.63 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $438.15 million, representing a surprise of +2.68%. The company delivered an EPS surprise of +13.67%, with the consensus EPS estimate being $0.64.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

Financial Data and Key Metrics Changes - Total revenue for Q3 was $450 million, representing an 18% growth year-over-year and 16% on a constant currency basis [24][25] - Sales-led subscription revenue grew to $376 million, an increase of 21% as reported and 19% on a constant currency basis [25] - Current remaining performance obligations (CRPO) reached approximately $1.06 billion, growing 19% as reported and 15% on a constant currency basis [25][26] - Non-GAAP operating margin was 18.6%, with subscription gross margins at 82% and total gross margins at 78% [28][29] Business Line Data and Key Metrics Changes - Sales-led subscription revenue accelerated, with a notable increase in commitments from both self-managed and cloud offerings [25][27] - The number of customers with an annual contract value (ACV) over $100,000 grew to over 1,660, marking a 14% increase [26] - 28% of customers in the greater than $100K cohort are utilizing Elastic for AI, indicating strong demand for AI capabilities [27] Market Data and Key Metrics Changes - The company experienced strong deal momentum across all geographies, with multi-year commitments indicating customer confidence in the Elastic platform [26] - The demand for AI solutions is driving customer expansion, with significant growth in AI-related use cases [27][86] Company Strategy and Development Direction - The company is focused on becoming a critical data platform in the age of AI, leveraging its capabilities to support both cloud and self-managed environments [24][27] - The introduction of new features like Agent Builder and Elastic Workflows aims to enhance the platform's capabilities for context-driven AI applications [19][22] - The strategy emphasizes bridging the gap between LLMs and proprietary data, positioning Elastic as a leader in context engineering for AI applications [13][44] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing market demand and the company's ability to drive profitable growth, with expectations for continued strong performance in the upcoming quarters [29][34] - The company anticipates total revenue for fiscal 2026 to be in the range of $1.734 billion to $1.736 billion, representing approximately 17% growth at the midpoint [32] - Management highlighted the importance of AI adoption among customers, suggesting that as more customers reach the $100K ACV mark, growth could accelerate [40][75] Other Important Information - The company has made significant progress on its $500 million share repurchase program, returning approximately $186 million to shareholders during Q3 [30] - The introduction of the Elasticsearch GPU plugin aims to enhance AI application deployment speed and efficiency [18] Q&A Session Summary Question: Insights on AI customer growth and potential acceleration - Management noted that trends for generative AI customers remain strong, with potential for accelerated growth as more customers reach the $100K mark [39][40] Question: Importance of context in AI applications - The CEO emphasized the need for a comprehensive data platform that can handle various data types and provide accurate context for AI applications [42][43] Question: Performance of self-managed versus cloud customers - Management highlighted the strength in self-managed business, particularly as customers prefer to keep sensitive data within their control [48][49] Question: Future competition from frontier models - The CEO stated that AI models will not displace Elastic but rather depend on it for providing the necessary context for effective AI applications [56][57] Question: Impact of recent CISA win on government contracts - Management confirmed that the CISA win is expected to lead to additional agency engagements, enhancing the company's position in the government sector [68] Question: Concerns about CRPO growth rates - Management reassured that CRPO growth is strong, with expectations for continued improvement as AI adoption increases among customers [73][75]

Elastic (NYSE:ESTC) Q3 2026 Earnings call February 26, 2026 05:00 PM ET Company ParticipantsAsh Kulkarni - CEOEric Prengel - Global VP of FinanceMatt Calitri - VP of Equity ResearchNavam Welihinda - CFOConference Call ParticipantsBrent Thill - Managing Director and Senior Equity Research AnalystBrian Essex - Executive Director and U.S. Software Equity Research AnalystGeorge McGreehan - Equity Research AnalystHoward Ma - Director and Equity Research AnalystMatt Hedberg - Managing Director and Software Resear ...

Elastic (NYSE:ESTC) Q3 2026 Earnings call February 26, 2026 05:00 PM ET Speaker10Good afternoon, welcome to the Elastic third quarter fiscal 2026 earnings results conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. To withdraw your question, pl ...

February 26, 2026 Corporate Overview and Q3FY26 Financial Results Forward Looking Statements; Use of Non-GAAP Measures Elastic, the Search AI Company, combines the precision of search with the intelligence of AI to help everyone find answers that matter from all data. In real time. At scale. This presentation and the accompanying oral presentation contain forward-looking statements that involve substantial risks and uncertainties, which include, but are not limited to, statements regarding our expected fina ...

Exhibit 99.1 Elastic Reports Third Quarter Fiscal 2026 Financial Results • Total revenue was $450 million, an increase of 18% year-over-year, or 16% on a constant currency basis • Total subscription revenue was $426 million, an increase of 19% year-over-year, or 17% on a constant currency basis • Sales-led subscription revenue (calculated as subscription revenue excluding Monthly Elastic Cloud) was $376 million, an increase of 21% year-over-year, or 19% on a constant currency basis • Current remaining perfo ...