NYSE:ESTCSoftware
Elastic (ESTC) Is Down 6.6% After Raising FY26 Outlook And Showcasing Search AI Momentum - Has The Bull Case Changed?
In late February 2026, Elastic reported third-quarter results showing revenue of US$449.88 million and net income of US$7.75 million, and issued fourth-quarter and full-year fiscal 2026 revenue guidance of about US$445–447 million and US$1.73–1.74 billion respectively.
Alongside raising its full-year outlook, Elastic highlighted accelerating adoption of its Search AI platform, new offerings like Agent Builder and Elastic Workflows, and progress on its US$500 million share repurchase program...