v3.26.1
Revenue
 12 Months Ended
Apr. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Disaggregation of Revenue
The following table presents revenue by category (in thousands):
Year Ended April 30,
202620252024
Amount% of
Total
Revenue		Amount% of
Total
Revenue		Amount% of
Total
Revenue
Annual Elastic Cloud$640,937 37 %$502,320 34 %$364,062 29 %
Monthly Elastic Cloud196,334 11 %185,299 12 %183,458 14 %
Total Elastic Cloud837,271 48 %687,619 46 %547,520 43 %
Other subscription797,184 46 %696,901 47 %629,086 50 %
Total subscription1,634,455 94 %1,384,520 93 %1,176,606 93 %
Services104,876 6 %98,776 7 %90,715 7 %
Total revenue$1,739,331 100 %$1,483,296 100 %$1,267,321 100 %
Concentration of Credit Risk
One customer, a channel partner, accounted for 11% of total revenue during the years ended April 30, 2026 and 2024, and 12% of total revenue during the year ended April 30, 2025. The same customer accounted for 11% of net accounts receivable as of April 30, 2026. No customer accounted for 10% or more of net accounts receivable as of April 30, 2025.
Deferred Revenue
The Company recognized revenue of $807.9 million, $660.9 million, and $522.8 million for the years ended April 30, 2026, 2025, and 2024, respectively, that was included in the deferred revenue balance at the beginning of each of the respective periods.
Unbilled Accounts Receivable
Unbilled accounts receivable is recorded as part of accounts receivable, net in the Company’s consolidated balance sheets. As of April 30, 2026 and 2025, unbilled accounts receivable was $3.1 million and $2.5 million, respectively.
Remaining Performance Obligations
Remaining performance obligations (“RPO”) represent the amount of contracted future revenue that has not been recognized, including deferred revenue and non-cancelable contracted amounts that will be invoiced and recognized as revenue in future periods. The Company’s RPO excludes performance obligations from on-demand arrangements as there are no minimum purchase commitments associated with such arrangements.
As of April 30, 2026, the Company had $1.982 billion of RPO, of which the Company expects to recognize approximately 61% as revenue over the next twelve months, approximately 86% over the next twenty-four months, and the remainder thereafter.
Deferred Contract Acquisition Costs
Amortization expense with respect to deferred contract acquisition costs was $111.1 million, $96.7 million, and $78.5 million for the years ended April 30, 2026, 2025, and 2024, respectively. The Company did not recognize any impairment of deferred contract acquisition costs for the years ended April 30, 2026, 2025, and 2024.