Elastic Earnings Reports

Elastic delivered a solid Q3 FY25 performance, achieving total revenue of $382 million, reflecting a 17% year-over-year increase. Elastic Cloud revenue grew by 26% year-over-year, highlighting strong demand for its cloud offerings. The company reported a GAAP operating loss of $5 million, while non-GAAP operating income reached $64 million. Free cash flow improved to $99 million, underscoring strong cash generation.

Elastic reported a strong Q2 fiscal 2025 with revenue of $365 million, up 18% year-over-year. Elastic Cloud revenue was $169 million, a 25% increase year-over-year. The company exceeded guidance across all revenue and profitability metrics.

Elastic reported Q1 2025 revenue of $347 million, up 18% year-over-year. Elastic Cloud revenue was $157 million, a 30% increase year-over-year. The company experienced a slower start to the year due to customer commitment impacts from segmentation changes.

Elastic reported a strong Q4 and fiscal year, driven by the adoption of its Generative AI capabilities. Q4 revenue reached $335 million, a 20% year-over-year increase, with Elastic Cloud revenue growing by 32% to $148 million. The company's focus on search, security, and observability continues to drive its success.

Elastic reported a strong third quarter in fiscal year 2024, with total revenue of $328 million, up 19% year-over-year. Elastic Cloud revenue reached $143 million, a 29% increase year-over-year. GAAP EPS was $1.69, and non-GAAP EPS was $0.36. The company's momentum was driven by customer interest in Generative AI, platform consolidation, and stability in cloud consumption patterns.

Elastic reported Q2 2024 revenue of $311 million, up 17% year-over-year, with Elastic Cloud revenue of $135 million, up 31% year-over-year. The company's investments in AI are driving customer engagement, and Elasticsearch Relevance Engine is providing a comprehensive platform for semantic, vector, and hybrid search use cases.

Elastic reported a strong first quarter for fiscal year 2024, with total revenue of $294 million, up 17% year-over-year. Elastic Cloud revenue reached $121 million, a 24% increase year-over-year. The company's focus on AI-powered solutions and vendor consolidation drove better than expected results.

Elastic's Q4 revenue reached $280 million, a 17% increase year-over-year (19% in constant currency), with Elastic Cloud revenue growing by 28% year-over-year (30% in constant currency). The company reported a GAAP operating loss of $40 million and a non-GAAP operating income of $24 million.

Elastic announced strong Q3 fiscal 2023 results, with total revenue of $275 million, up 23% year-over-year (27% in constant currency). Elastic Cloud revenue reached $111 million, a 38% increase year-over-year (40% in constant currency). The company delivered stronger than expected non-GAAP operating margin amidst a challenging macro environment.

Elastic's Q2 2023 results exceeded revenue and profitability targets, with revenue growing 34% year-over-year in constant currency. The company is implementing cost optimization actions to align investments with strategic priorities, expecting to accelerate non-GAAP operating income growth and achieve a 10% non-GAAP operating margin in fiscal 2024.

Elastic reported a strong Q1 with a 30% year-over-year increase in total revenue, reaching $250.1 million. Elastic Cloud revenue grew by 59% year-over-year, representing 39% of the total revenue. The company is raising its constant-currency revenue growth guidance for the year and remains confident in achieving $2 billion in total revenue in fiscal year 2025.

Elastic reported strong Q4 results with a total revenue of $239.4 million, up 35% year-over-year, and Elastic Cloud revenue of $87.7 million, up 71% year-over-year. The company's strong cloud momentum is expected to drive over 50% of total revenue from Elastic Cloud exiting Q4 of fiscal year 2024.

Elastic announced strong Q3 fiscal 2022 results, with total revenue up 43% year-over-year to $223.9 million and Elastic Cloud revenue up 79% year-over-year to $80.4 million.

Elastic announced strong second-quarter fiscal 2022 results, with total revenue of $206.0 million, up 42% year-over-year, and Elastic Cloud revenue of $69.0 million, up 84% year-over-year. The company's growth was fueled by the rapid adoption of Elastic Cloud and the increased strategic relevance of its solutions.

Elastic reported a strong first quarter with total revenue of $193.1 million, up 50% year-over-year, and Elastic Cloud revenue of $61.5 million, up 89% year-over-year. The company's focus on innovation and market opportunity contributed to the positive results.

Elastic's Q4 revenue reached $177.6 million, a 44% year-over-year increase, with SaaS revenue up 77% year-over-year. The company saw continued adoption of Elastic Cloud and demand for its enterprise search, observability, and security solutions.

Elastic reported a strong third quarter with total revenue of $157.1 million, up 39% year-over-year, and SaaS revenue of $44.9 million, up 79% year-over-year.

Elastic announced strong results for its second quarter of fiscal 2021, with total revenue increasing by 43% year-over-year to $144.9 million and SaaS revenue growing by 81% year-over-year to $37.4 million. The company also reported a GAAP operating loss of $28.4 million and a non-GAAP operating loss of $1.7 million. Key customer metrics improved, with total subscription customer count exceeding 12,900 and customer count with ACV greater than $100,000 exceeding 650.

Elastic's Q1 2021 total revenue reached $128.9 million, a 44% year-over-year increase, with SaaS revenue growing by 86% year-over-year to $32.6 million. The company's operating cash flow was $22.0 million, with a free cash flow of $21.6 million.

Elastic N.V. announced strong Q4 and fiscal year results, with Q4 revenue of $123.6 million, up 53% year-over-year (57% in constant currency), and SaaS revenue of $29.0 million, up 110% year-over-year (120% in constant currency).

Elastic N.V. reported strong Q3 fiscal 2020 results with a total revenue of $113.2 million, up 60% year-over-year, and SaaS revenue of $25.1 million, up 114% year-over-year. Calculated billings reached $122.9 million, a 54% increase year-over-year. The company's net expansion rate remained above 130%.