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Wire · operational-macro

Elastic: RPO Jumps 27% As $100,000-Plus Customer Additions Reach Record Level

Published

30 August 2026

Topic

operational-macro

Sectors

AI & ML

Geography

United States

Source

Read at pulse2.com

Verified

Fusion42 · 30 August 2026 · Fusion42 review

Elastic's remaining performance obligations grew 27% year-over-year, outpacing its 15% revenue growth, as the company added a record number of customers with contracts over $100,000, signalling strong enterprise demand and expansion opportunities particularly in AI, security, and observability sectors.

This Wire brief sits within Fusion42's coverage of AI & ML, and 1 source has reported it.

◆ The Wire takeaway

You face growing enterprise demand in AI and security tech that funds forward visibility and upsell. Accelerate engagement with large customers now to lock in expansion before competitors close gaps.

Coverage

1 source · 30 Aug 2026

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Topics

AI & MLrpo-growthenterprise-customersai-integrationsecurityobservability