Elastic
Financial Performance
Elastic Revenue & Financials
Revenue
$1.7B (FY2026)
Market Cap
$9.3B
Net Income
$367.8M
Employees
4,019
What is Elastic's revenue?
Elastic had $1.7B in revenue for fiscal year 2026, up 17.3% from 2025. Net income was $367.8M.
- Latest revenue
- $1.7B (FY2026)
- Year-over-year
- +17.3%
- Growth rate (CAGR)
- 39.3% over 9 years
- Peak revenue
- $1.7B (FY2026)
- Years of data
- 10
- Employees
- 4,019
- What is Elastic's operating income?
- Elastic reported an operating loss of $33.5M for fiscal year 2026. sec.gov
- How much profit does Elastic make?
- Elastic reported net income of $367.8M for fiscal year 2026. stockanalysis.com
- How many employees does Elastic have?
- Elastic has about 4,019 employees.
Financial Analysis
Elastic's revenue grew from $862 million in fiscal 2022 to $1.739 billion in fiscal 2026. FY2026 subscription revenue was $1.634 billion (+18%), and sales-led subscription revenue, which excludes monthly self-serve cloud, was $1.438 billion (+20%). Non-GAAP operating income reached $285 million (16.4% margin) and adjusted free cash flow $346 million (20% margin), though GAAP operating loss was $33 million. GAAP net income of $367.8 million was lifted by a fourth-quarter income tax benefit, since the company's operations were not profitable on a GAAP basis. In Q1 FY2027 (ended July 31, 2026) revenue rose 15% to $478 million, cRPO grew 21% to $1.153 billion, and Elastic raised FY2027 revenue guidance to $1.998-$2.010 billion. Elastic N.V. is a major search and observability enterprise software company, sustaining a market valuation typically over $7 billion.
Revenue Trend Analysis
YoY Change
+17.3%
9-Year CAGR
+39.3%
Peak Year
2026
Trend
Consistent Growth
Elastic has 10 full fiscal year figures on this page, compounding at +39.3% annually over 9 years. The most recent year saw a 17.3% increase versus the prior year. Annual revenue peaked in fiscal year 2026 at $1.7B. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
Click any row to see year details.
Elastic balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest. In some years total assets exceed liabilities plus shareholders' equity because the company reported redeemable preferred stock or non-controlling interests outside both.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2026ended Apr 30, 2026 | $326.9M | $5.1M | $3.2B | $1.9B | $1.3B | $321.8M | Form 10-K |
| FY2025ended Apr 30, 2025 | $266.2M | $4.3M | $2.6B | $1.7B | $927.2M | $261.8M | Form 10-K |
| FY2024ended Apr 30, 2024 | $148.8M | $3.5M | $2.2B | $1.5B | $738.2M | $145.3M | Form 10-K |
| FY2023ended Apr 30, 2023 | $35.7M | $2.7M | $1.7B | $1.3B | $398.9M | $33M | Form 10-K |
| FY2022ended Apr 30, 2022 | $5.7M | $2.5M | $1.6B | $1.2B | $415.4M | $3.2M | Form 10-K |
| FY2021ended Apr 30, 2021 | $22.5M | $3.9M | $973.2M | $522.3M | $450.8M | $18.6M | Form 10-K |
| FY2020ended Apr 30, 2020 | -$30.6M | $5.1M | $803.9M | $390.3M | $413.6M | -$35.6M | Form 10-K |
| FY2019ended Apr 30, 2019 | -$23.9M | $3.4M | $485.7M | $222.7M | $263M | -$27.4M | Form 10-K |
| FY2018ended Apr 30, 2018 | -$20.8M | $3M | $183M | $135.6M | -$153.5M | -$23.8M | Form 10-K |
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Elastic Revenue and Financial FAQ
What is Elastic's annual revenue and cloud revenue growth trajectory?
Elastic generates annual revenues of approximately $1.35 billion to $1.50 billion+ (delivering ~18% to 20% constant-currency revenue growth), propelled by rapid 25%+ annual growth in Elastic Cloud SaaS deployments.
What are Elastic's gross profit margins and operating profitability?
Elastic delivers high gross profit margins of 74% to 76% (with non-GAAP gross margins exceeding 77%) and has achieved expanding non-GAAP operating profit margins of 12% to 14%+, converting substantial earnings into free cash flow.
What is Elastic's free cash flow (FCF) generation capability?
Elastic generates strong positive free cash flow, delivering over $150 million to $200 million+ in annual Free Cash Flow, demonstrating strong operating leverage across sales, marketing, and software engineering.
What is Elastic's balance sheet cash position and debt profile?
Elastic had $1.461 billion in cash, cash equivalents and marketable securities as of July 31, 2026, up from $1.370 billion at April 30, 2026.
How large is Elastic's enterprise customer base?
Elastic serves over 20,800 subscription customers globally, including more than 1,350+ large enterprise customers spending over $100,000 in Annual Contract Value (ACV), representing the core growth engine of the company.
How much does Elastic invest in Research and Development (R&D)?
Elastic invests aggressively in technical innovation, allocating approximately 25% to 28% of total revenue into R&D to advance vector search indexing, ES|QL query processing, machine learning models, and security threat intelligence.
What percentage of Elastic's revenue is generated internationally outside the US?
Approximately 40% to 45% of Elastic's total revenue is generated internationally across Europe, the Middle East, Asia-Pacific, and Japan, supported by global multi-lingual sales and customer engineering teams.
What is the financial impact of Elastic's marketplace partnerships with AWS, Microsoft, and Google?
Elastic's deep integrations with AWS Marketplace, Microsoft Azure Marketplace, and Google Cloud Marketplace allow enterprise clients to draw down their committed cloud spend to purchase Elastic Cloud, accelerating multi-million-dollar sales cycles.
Is Elastic profitable?
Like many hyper-growth SaaS companies, Elastic burned cash for years to acquire market share. However, as they aggressively transitioned their massive customer base to the highly lucrative, high-margin Elastic Cloud platform, they achieved massive improvements in free cash flow and operating margins.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Elastic Revenue & Financials." CorpDigest, https://corpdigest.com/company/elastic/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Elastic reported $1.7B in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/elastic/financials" target="_blank" rel="noopener">CorpDigest — Elastic financials</a></div>Related Financial Audits
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