Elastic is trading 18.91% up now at $99.55 in after-hours trading after reporting first-quarter fiscal 2027 results on August 27, 2026.
- Revenue reached $478.1 million; sales-led subscription revenue grew 18% year over year, with both exceeding company guidance.
- Forecast second-quarter revenue: $486–$487 million; fiscal-year revenue: $1.998–$2.010 billion.
- Broader AI and software strength likely added support, though the release did not explicitly link results to share-price movement.