Elastic Earnings Reports

Elastic delivered strong Q2 FY26 results, outperforming on revenue and earnings, while continuing to gain traction in cloud and AI-driven segments. The company posted a GAAP net loss but achieved solid non-GAAP profitability and cash flow.

Elastic delivered a solid Q1 FY26, surpassing guidance with strong growth in cloud revenue and positive adjusted EPS. The company highlighted robust demand for its AI-powered platform and strategic execution by its sales team.

Elastic delivered a strong fourth quarter and fiscal year 2025, exceeding guidance across all revenue and profitability metrics. The company saw continued growth in Elastic Cloud revenue and expanded its customer base, highlighting leadership in Search AI and persistent demand for its solutions.

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%.