Elastic
Market Data Current As Of: September 12, 2026
Related Competitor Intelligence
Compare market positioning with top industry peers
Explore Elastic
Core profile pages, annual revenue records, and related research hubs for this company.
Elastic
Compare market positioning with top industry peers
Explore Elastic
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$1.45B+
Market Cap
$9.2B
Employees
3,400
Elastic completed its IPO on the New York Stock Exchange (ticker: ESTC) in October 2018 at $36 per share, raising $252 million at a $2.5 billion valuation. Founded in 2012 by Shay Banon, Steven Schuurman, Uri Boness, and Simon Willnauer, Elastic scaled from a distributed open-source search engine into a profitable cloud software titan. Under CEO Ashutosh Kulkarni and CFO Janesh Moorjani, Elastic crossed $1.45 billion in annual recurring revenue in 2026 while expanding free cash flow beyond $300 million (FCF margin >22%) with a public market capitalization exceeding $9.2 billion USD.
Revenue Trend Analysis
YoY Change
+15.1%
7-Year CAGR
+27.1%
Peak Year
2026
Trend
Consistent Growth
Elastic has reported revenue across 5 fiscal years, compounding at +27.1% annually over 7 years. The most recent year saw a 15.1% increase versus the prior year. Revenue peaked in 2026 at $1.4B. Out of 4 reported periods, 4 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2026 | $1.4B | +15.1% |
| FY2024 | $1.3B | +17.9% |
| FY2023 | $1.1B | +75.8% |
| FY2021 | $608M | +124.4% |
| FY2019 | $271M | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Elastic reported approximately $1.4B in fiscal year 2026 with a team of 3,400 employees worldwide.
Elastic strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Search Software, Enterprise Log Observability, Cybersecurity SIEM, Vector Search Databases & Generative AI Infrastructure is driven by steady cash generation and pricing power, enabling Elastic to reinvest in high-return strategic initiatives.
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 $1B in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/elastic/financials" target="_blank" rel="noopener">CorpDigest — Elastic financials</a></div>