Elastic N.V. ESTC

Technology SIC 7372 - Services-Prepackaged Software NAICS Information › Publishing Industries › Software Publishers derived NYSE

Elastic, the Search AI Company, enables its customers to transform data into answers, actions, and outcomes with Search AI. While search technology revolutionized information retrieval through its ability to instantly return relevant results from massive datasets, it struggles when it comes to understanding context and generating insights. AI, on the other hand, excels at analyzing complex patterns and generating insights, but it lacks the ability to find and access specific information within vast data stores. The Elasticsearch Platform ("our platform") combines the precision of search with the intelligence of AI to help our customers and community solve real-time business problems, unlock potential value, and achieve better outcomes. Our platform, available as either a cloud service or a self-managed software, allows our customers to find insights and drive AI and machine learning use cases from large amounts of data.

Last close 102.43 2026-10-23
Market cap $10.75B 2026-07-31 share count
52-week range 42.05 - 108.00

Valuation FY2025 figures against the last close

P/S6.2x
P/E29.9x
P/FCF33.4x
EV/EBITDA—
Dividend yield—
Diluted EPS3.43

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • Rest of world
Revenue by geography, 2 categories over 3 years. The same figures are in the table below. FY2025 United States, FY2025: 947.3M (54.5%) 54% United States Rest of world, FY2025: 792M (45.5%) 46% Rest of world FY2024 United States, FY2024: 836.2M (56.4%) 56% Rest of world, FY2024: 647.1M (43.6%) 44% FY2023 United States, FY2023: 730.5M (57.6%) 58% Rest of world, FY2023: 536.8M (42.4%) 42%
Region FY2025FY2024FY2023
United States $947.3M $836.2M $730.5M
Rest of world $792.0M $647.1M $536.8M

As the company reported it, from the “Segment Information - Schedule of Revenue by Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $1.74B$1.48B$1.27B$1.07B$862.4M$608.5M$427.6M$271.7M$159.9M$88.2M
Cost of revenue $416.3M$379.9M$330.1M$296.6M$232.2M$161.1M$122.7M$78.0M$40.7M$19.8M
Gross profit $1.32B$1.10B$937.2M$772.4M$630.2M$447.4M$304.9M$193.6M$119.2M$68.3M
R&D $451.9M$365.8M$342.0M$313.5M$273.8M$199.2M$165.4M$101.2M$55.6M$32.6M
SG&A $194.4M$175.2M$160.6M$143.2M$123.4M$103.8M$91.6M$46.5M$28.9M$26.3M
Total operating expenses $1.36B$1.16B$1.07B$991.5M$803.9M$576.9M$476.0M$295.0M$167.2M$115.5M
Operating income -$33.5M-$54.9M-$129.9M-$219.2M-$173.7M-$129.5M-$171.1M-$101.4M-$48.0M-$47.2M
Interest expense $25.1M$25.3M$26.1M$25.2M$20.7M$185.0K$0———
Pre-tax income -$2.3M-$31.6M-$122.8M-$216.9M-$197.8M-$121.7M-$169.1M-$97.9M-$49.4M-$47.8M
Income tax $370.1M$76.5M$184.5M$19.3M$6.1M$7.7M$2.0M$4.4M$3.4M$4.2M
Net income $367.8M$367.8K-$108.1K$61.7K-$236.2K-$203.8K-$167.2M-$102.3M-$52.7M-$52.0M
EPS, basic 3.49-1.040.62-2.47-2.20-1.48-2.12———
EPS, diluted 3.43-1.040.59-2.47-2.20-1.48-2.12-1.86-1.65-1.71
Shares, diluted (wtd. avg.) 107.2M103.7M104.0M95.7M92.5M87.2M78.8M———

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $768.7M$727.5M$543.1M$646.6M$863.6M$403.7M$297.1M$298.0M$50.9M—
Short-term investments $601.5M$669.7M$544.0M———————
Receivables $464.4M$375.6M$323.0M$260.9M$215.2M$160.4M$128.7M$81.3M$53.2M—
Total current assets $2.02B$1.93B$1.53B$1.27B$1.16B$637.2M$480.2M$429.6M$132.2M—
Property, plant and equipment $8.6M$6.6M$5.5M$5.1M$7.2M$8.9M$7.8M$5.4M$4.5M—
Goodwill $356.4M$319.4M$319.4M$303.6M$303.9M$198.9M$197.9M$19.8M$19.2M$12.1M
Other intangibles $13.1M$11.4M$20.6M$29.1M$45.8M$36.3M$50.5M$6.7M$8.3M—
Total assets $3.15B$2.59B$2.24B$1.74B$1.64B$973.2M$803.9M$485.7M$183.0M—
Accounts payable $8.6M$17.1M$26.1M$35.2M$28.4M$7.2M$11.5M$4.5M$2.2M—
Total current liabilities $1.20B$1.01B$871.1M$716.6M$593.3M$450.0M$333.1M$203.6M$125.1M—
Long-term debt $570.9M$569.7M$568.6M$567.5M$566.5M$0————
Total liabilities $1.88B$1.67B$1.50B$1.34B$1.23B$522.3M$390.3M$222.7M$135.6M—
Retained earnings -$732.0M-$1.10B-$991.6M-$1.05B-$817.2M-$613.3M-$484.3M-$317.1M-$214.8M—
Total equity $1.28B$927.2M$738.2M$398.9M$415.4M$450.8M$413.6M$263.0M-$153.5M-$128.5M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $326.9M$266.2M$148.8M$35.7M$5.7M$22.5M-$30.6M-$23.9M-$20.8M-$16.1M
Depreciation and amortisation $3.0M$3.1M$3.5M$3.6M$3.9M$3.1M$2.8M$2.7M$3.0M$3.1M
Stock-based compensation ————$2.5M$2.5M————
Capital expenditure $5.1M$4.3M$3.5M$2.7M$2.5M$3.9M$5.1M$3.4M$3.0M$843.0K
Investing cash flow $26.1M-$118.7M-$288.0M-$273.0M-$127.3M-$1.5M-$29.2M-$8.3M$8.3M-$20.3M
Financing cash flow -$312.3M$40.9M$40.1M$17.5M$602.1M$77.3M$58.5M$281.8M$3.4M$59.8M
Buybacks $340.1M$0$0———$0$0$344.0K$25.0K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001707753-26-000018.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -500M 0 500M 1B 1.5B 2B Revenue, FY2016: 88.2M Gross profit, FY2016: 68.3M Net income, FY2016: -52M Revenue, FY2017: 159.9M Gross profit, FY2017: 119.2M Net income, FY2017: -52.7M Revenue, FY2018: 271.7M Gross profit, FY2018: 193.6M Net income, FY2018: -102.3M Revenue, FY2019: 427.6M Gross profit, FY2019: 304.9M Net income, FY2019: -167.2M Revenue, FY2020: 608.5M Gross profit, FY2020: 447.4M Net income, FY2020: -203.8K Revenue, FY2021: 862.4M Gross profit, FY2021: 630.2M Net income, FY2021: -236.2K Revenue, FY2022: 1.1B Gross profit, FY2022: 772.4M Net income, FY2022: 61.7K Revenue, FY2023: 1.3B Gross profit, FY2023: 937.2M Net income, FY2023: -108.1K Revenue, FY2024: 1.5B Gross profit, FY2024: 1.1B Net income, FY2024: 367.8K Revenue, FY2025: 1.7B Gross profit, FY2025: 1.3B Net income, FY2025: 367.8M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $88.2M $159.9M $271.7M $427.6M $608.5M $862.4M $1.07B $1.27B $1.48B $1.74B
Gross profit $68.3M $119.2M $193.6M $304.9M $447.4M $630.2M $772.4M $937.2M $1.10B $1.32B
Net income -$52.0M -$52.7M -$102.3M -$167.2M -$203.8K -$236.2K $61.7K -$108.1K $367.8K $367.8M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Restructuring or exit costs A restructuring: layoffs, a plant closure, a business being wound down. Item 2.05
  • Officer or director change Item 5.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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