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Elastic N.V./$ESTC

1D1W1M3M6MYTD1Y5YMAX

About Elastic N.V.

Elastic is a software company that specializes in AI-search, observability, and security deployments. Its search division offers both traditional keyword search and vector search methods to enable more context-aware querying. The software has open-source origins but generates revenue through valuable add-ons, including simplified data orchestration and server scaling techniques.
Ticker
$ESTC
Sector
Software & Cloud Services
Primary listing
NYSE
Employees
3,834

Elastic N.V. Metrics

BasicAdvanced
$10B
27.18
$3.51
0.97
-

What the Analysts think about Elastic N.V.

Analyst ratings (Buy, Hold, Sell) for Elastic N.V. stock.
Analyst projections of the future price of Elastic N.V. stock.

Bulls say / Bears say

Elastic beat its Q1 FY27 guidance and reported revenue of $478 million, up 15% year on year, with sales-led subscription revenue up 18%. Current remaining performance obligations rose 21%, and customers with annual contract value above $100,000 exceeded 1,800, improving visibility into future revenue. (Elastic)
Elastic Cloud revenue grew 20% in Q1, while annual Elastic Cloud revenue grew 27%. The combination of cloud momentum and a platform spanning search, observability and security gives Elastic several routes to benefit as enterprises build and operate AI applications. (Elastic)
Cash generation is already strong: Q1 adjusted free cash flow was $143 million, equal to a 30% margin, and management expects a 21.5% adjusted free-cash-flow margin for FY27. It also forecasts a 19.4% non-GAAP operating margin, suggesting scope for profitable growth and continued shareholder returns. (Elastic)
Elastic’s FY27 revenue guide implies 15.2% growth at the midpoint, below the 17% delivered in FY26. That points to a slower top-line trajectory even though sales-led subscription growth is expected to remain stronger. (Elastic, Elastic)
The business is still loss-making under GAAP: Q1 FY27 operating margin was negative 5%, despite a 16.2% non-GAAP margin. This leaves investors reliant on adjusted measures while Elastic works towards consistent reported profitability. (Elastic)
A Morgan Stanley downgrade said Elastic’s AI-search growth was taking longer than expected, while competition in security was intensifying from Palo Alto Networks, CrowdStrike and Datadog. If larger rivals capture AI and security budgets through broader platforms, Elastic may struggle to turn product progress into faster growth. (StockStory)
Data summarised monthly by Lightyear AI. Last updated on 24 Sept 2026.

Elastic N.V. Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Elastic N.V. Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Elastic N.V.

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