04:55 PM EDT, 08/28/2025 (MT Newswires) -- Elastic (ESTC) reported fiscal Q1 non-GAAP earnings Thursday of $0.60 per diluted share, up from $0.35 a year earlier.

Analysts polled by FactSet expected $0.42.

Revenue for the quarter ended July 31 was $415.3 million, up from $347.4 million a year earlier.

Analysts surveyed by FactSet expected $397.2 million.

The company expects Q2 non-GAAP EPS to be between $0.56 and $0.58, with revenue between $415 million and $417 million.

Analysts polled by FactSet expect non-GAAP EPS of $0.59 and revenue of $410.2 million.

The company expects fiscal 2026 non-GAAP EPS to be between $2.29 and $2.35 on revenue of $1.68 billion to $1.69 billion. The company's prior guidance for non-GAAP EPS was $2.24 to $2.32 and revenue was $1.66 billion to $1.67 billion.

Analysts surveyed by FactSet expect non-GAAP EPS of $2.29 and annual revenue of $1.67 billion, respectively.

The company's shares were up 19% in recent after-hours activity.