Elastic N.V. shares dropped over 12% in late trading as the company's full-year revenue outlook failed to meet expectations despite strong Q4 results.
In the fiscal 2025 fourth quarter, Elastic reported $388 million in revenue, exceeding analyst estimates, driven by cloud revenue growth and increased customer numbers.
Key business highlights included enhancing security measures, updating Beats suite components, expanding AutoOps, and improving user experience and security.
For fiscal year 2025, Elastic reported adjusted EPS of $2.04 on revenue of $1.483 billion, aiming for adjusted EPS of $2.24 to $2.32 and revenue of $1.655 billion to $1.67 billion for fiscal year 2026.