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Elastic

ESTC

Elastic is a search AI company that provides a unified platform for data ingestion, search, analysis, and visualization.

Market cap
$6.45B-27.8%
Revenue$1.7B+17.3%
Net income$367.8M+440%
Free cash flow$321.8M+22.9%
EPS (diluted)$3.43+430%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 27, 2026 (in a month)
Revenue estimate$469.4M
EPS estimate$0.59

Financials

Q4 2026

Income statement

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Revenue$450.7M+16.0%
Gross profit$339.6M+16.8%
Operating income-$16.4M-36.5%
Net income$435.9M+2,761%
EPS (diluted)$4.07+2,813%

Balance sheet

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Cash & equivalents$768.7M+5.1%
Total debt$591.6M-0.6%
Total equity$1.3B+37.7%
Total assets$3.2B+21.6%

Cash flow

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Operating cash flow$152.7M+75.6%
CapEx$2.9M+36.8%
Free cash flow$149.8M+76.5%

Valuation & ratios

Valuation

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Market cap$6.45B-27.8%
Enterprise value$6.27B-30.0%
P/E17.5×
P/S3.7×-2.4×

Profitability

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Gross margin76.1%+1.7pp
Operating margin-1.9%-0.6pp
Net margin21.1%+16.8pp
FCF margin18.5%+0.9pp

Returns & leverage

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Return on equity33.4%+26.1pp
Debt / equity0.5×-0.2×
Current ratio1.7×-0.2×

Segments

By product

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Self-managed subscription$205.1M+13.8%
Saa S Self Managed - Annual$169.6M+25.6%
Saa S Self Managed - Monthly$47.8M+2.7%
Services$28.2M+5.8%

Competitors

Profile

Elastic is a search AI company that provides a unified platform for data ingestion, search, analysis, and visualization. The company's core value proposition lies in combining the precision of search technology with the intelligence of AI to help organizations find insights and drive machine learning use cases from massive datasets. Its platform is available as both a cloud-based service and self-managed software, supporting real-time business problem solving across diverse data environments.

Competitive position

Elastic is a leading provider of search-powered AI solutions, leveraging a popular open-source foundation to drive enterprise adoption across observability and security markets.

GeographiesUnited States, Europe, Asia-Pacific, Middle East, Africa
Customer segmentsEnterprise, Public Sector, Small and Medium Business
Business modelSubscription SaaS, Open Source, Resource-based Pricing, Self-managed Software
SuppliersPublic Cloud Infrastructure Providers, Open Source Contributors, Hardware Manufacturers
CustomersGlobal 2000 Enterprises, Government Agencies, Managed Service Providers
Listed2018
Employees3.2K
CEOAshutosh Kulkarni
Websiteelastic.co
FilingsSEC EDGAR

Questions, answered.

What is Elastic's market cap?
Elastic (ESTC) has a market capitalization of $6.5B and trades on NYSE.
What is Elastic's revenue and profitability?
Elastic generated $1.7B in trailing twelve-month revenue with net income of $367.8M, representing a net margin of 21.1%. Gross margin stands at 76.1%, with free cash flow of $321.8M. These figures are based on the Q2 2026 filing.
Who are Elastic's competitors?
Elastic's key competitors include Datadog, Splunk, CrowdStrike, and others. These companies compete in similar markets and product categories.
Who does Elastic partner with?
Elastic's notable partners include Amazon Web Services, Google Cloud Platform, Microsoft Azure.
Where is Elastic headquartered?
Elastic is headquartered in United States of America and employs approximately 3,187 people. It has been publicly traded since 2018.