NYSE$ESTC

Elastic NV · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

Elastic reported Q2 2026, revenue of $423.5M, a net loss of $51.3M, diluted EPS of $-0.48.

For Q2 2026, Elastic reported revenue of $423.5M, a net loss of $51.3M, diluted EPS was $-0.48. The filing highlights segment trends, liquidity, and management commentary on the period.

  • Revenue $423.5M.
  • Net loss $51.3M.
  • Diluted EPS $-0.48.

Headline financials

Total Revenue

$423M

Previous: $365M+15.9%
EPS (adj)

-$0.48

Previous: -$0.25-92.0%
Net Expansion Rate

112.0%

No prior period
Customers >100K ACV

1.6K

Previous: 1.4K+12.7%
Non-GAAP Operating Margin

16.5%

No prior period
Adjusted Free Cash Flow

$26M

No prior period
Adjusted FCF Margin

6.0%

No prior period
Capital Expenditures

-$1.26M

Previous: -$1.46M+13.7%
Free Cash Flow

$130M

Previous: $89.7M+45.2%
Net Income

-$51.3M

Previous: -$25.5M-101.5%
Operating Income

-$8.24M

Previous: -$4.43M-86.1%
Gross Profit

$321M

Previous: $272M+18.1%
Cash & Equivalents

$801M

Previous: $659M+21.6%
Total Assets

$2.48B

Previous: $2.23B+11.0%

Revenue & EPS history

Elastic · Revenue · Quarterly

$423M

Q2 2026+15.9%vs Q2 2025
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Elastic · $311M total across 3 segments · Q2 2024

  • Other Subscription
    $153M+10.7%
  • Elastic Cloud
    $135M+30.8%
  • Services
    $22.9M-1.4%

Forward guidance

Management discusses operating priorities, capital allocation, and sector-specific risks in the quarterly filing.

Tailwinds

  • Headline results and segment commentary anchor the quarter narrative.
  • Balance sheet and liquidity support ongoing operations or returns.
  • Strategic initiatives cited in the release or MD&A.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect year-over-year comparability.
  • Execution risk on guidance or restructuring plans.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

+0.6%

Avg return

Earnings day

-0.0%

Avg return

5 days after

-2.5%

Avg return

30 days after

42%

13 / 31 earnings

Positive

+38.4%

Q2 2024

Best reaction

-26.0%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+12.6%+11.5%
Q3 2026-15.4%-15.8%-21.2%
Q2 2026-15.6%-14.8%-6.9%
Q1 2026-3.1%-1.7%-2.1%
Q4 2025-12.1%-8.9%-10.1%
Q3 2025+14.9%+8.2%-9.5%
Q2 2025+22.0%+25.9%+17.0%
Q1 2025-26.0%-28.9%-24.9%
Q4 2024+1.7%+0.7%+11.3%
Q3 2024-9.8%-16.4%-22.7%
Q2 2024+38.4%+45.2%+41.5%
Q1 2024+22.2%+23.5%+33.7%
Q4 2023-0.7%-1.9%-11.9%
Q3 2023+10.7%+6.3%+0.3%
Q2 2023-3.1%-11.3%-12.7%
Q1 2023-0.2%+1.9%-18.1%
Q4 2022+19.4%+20.2%+15.5%
Q3 2022-6.8%-11.2%+8.0%
Q2 2022-23.9%-28.9%-20.8%
Q1 2022-3.4%+0.3%+4.9%
Q4 2021+9.7%+12.0%+23.8%
Q3 2021-14.0%-5.3%-27.5%
Q2 2021+11.8%+17.1%+21.0%
Q1 2021+6.5%+4.1%+2.0%
Q4 2020-3.3%-7.4%+6.6%
Q3 2020+8.7%+10.0%-18.9%
Q2 2020-17.4%-19.9%-15.0%
Q1 2020+11.5%+10.4%+4.2%
Q4 2019-1.7%-2.7%-3.9%
Q3 2019-6.9%-7.3%-17.8%
Q2 2019-8.1%-15.7%-21.9%
Q1 2019
Q4 2018
Q3 2017
Q2 2017
Q1 2017

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