Software & data
Elastic
Business, financial evidence and documented connections to the AI buildout.
Business and AI exposure
Elastic sells search, security and observability software. Its AI exposure includes retrieval and search infrastructure for AI applications, plus tools for building agents and automating workflows. Customers also use the same platform for conventional enterprise search and operational monitoring.
www.elastic.co ↗ · ir.elastic.co · 2026-08-27 ↗ · s206.q4cdn.com ↗
Earnings and disclosures
Latest verified results: Q1 fiscal 2027 · Released 2026-08-27
Next results: No next results date listed in the official event listings checked 2026-10-18.
Checked 2026-10-18 · Financial context and sources ↓
Financial context
For fiscal Q1 2027, revenue was $478 million, including $449 million of subscriptions. Elastic reported a $23.6 million GAAP operating loss and $132 million of operating cash flow. Cash and securities totaled $1.461 billion; subscriptions were not an AI-only category.
Products and delivery
Agent Builder became generally available in January 2026 and Workflows in May 2026. Natural-language workflow automation is generally available in version 9.5. Visual mode, human approval and parallel execution remain experimental capabilities, distinct from those completed releases.
Plans and commitments
Elastic’s medium-term framework targets growth above 20%, combining a base sales-led subscription contribution above 15% with a GenAI contribution above 5%. This is a forward-looking framework for growth, not a statement that AI already supplies that share of revenue.
Economics and dependencies
Commercial results depend on production use and paid consumption, alongside the costs of developing and supporting the platform. Named examples include GitHub semantic search and Visa workflow automation. Customer productivity improvements do not establish the amount of profit retained by Elastic.
What to watch
Future disclosures can show whether production adoption increases subscription growth and whether experimental features reach general availability. Elastic’s adjusted free cash flow includes an interest add-back, so that figure should be interpreted separately from its reported operating cash generation.
www.elastic.co ↗ · ir.elastic.co · 2026-08-27 ↗ · s206.q4cdn.com ↗
Documented project connections
Each connection below has a specific, cited role. A supplier, lender, customer or proposed acquirer has different economics from the project owner.
No named tracked-project role has been established by the evidence used for this profile. This does not mean the company has no AI exposure.
Evidence boundaries
Company totals, segment sales, bookings, backlog, spending, capacity and usage describe different things. They do not establish project-level revenue, earnings or an exact AI-only revenue share unless the cited disclosure explicitly says so.
This is a dated research snapshot. Forecasts are attributed expectations, and undisclosed amounts remain unknown. Source review does not certify every project or future outcome.