Elastic Shares Decline Following Q2 Earnings Report Despite Exceeding Expectations
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Benzinga
Updated: Nov 20 2025
Earnings Report Highlights: Elastic N.V. reported adjusted earnings of 64 cents per share and revenue of $423.48 million for Q2, surpassing analyst expectations of 58 cents and $418.16 million, respectively.
Subscription Revenue Growth: Total subscription revenue reached $398 million, a 17% year-over-year increase, with Elastic Cloud revenue growing by 22% to $206 million.
Positive Outlook: The company raised its fiscal 2026 adjusted EPS guidance to $2.40-$2.46 and revenue guidance to $1.715-$1.721 billion, both exceeding previous estimates.
Stock Performance: Following the earnings report, Elastic's stock fell by 11.73% to $72.45 in extended trading.
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Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
