Elastic Q2 2025 Earnings Report
Key Takeaways
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.
Total revenue was $365 million, an increase of 18% year-over-year, or 17% on a constant currency basis
Elastic Cloud revenue was $169 million, an increase of 25% year-over-year, as reported and on a constant currency basis
GAAP operating loss was $4 million; GAAP operating margin was -1%
Non-GAAP diluted earnings per share was $0.59
Elastic
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Elastic Revenue by Segment
Forward Guidance
For the third quarter of fiscal 2025 (ending January 31, 2025): •Total revenue is expected to be between $367 million and $369 million, representing 12% year-over-year growth at the midpoint (13% year-over-year constant currency growth at the midpoint) •Non-GAAP operating margin is expected to be approximately 15% •Non-GAAP diluted earnings per share is expected to be between $0.46 and $0.48, assuming between 106.0 million and 107.0 million diluted weighted average ordinary shares outstanding
Positive Outlook
- Total revenue is expected to be between $367 million and $369 million
- Revenue growth of 12% year-over-year at the midpoint (13% year-over-year constant currency growth at the midpoint)
- Non-GAAP operating margin is expected to be approximately 15%
- Non-GAAP diluted earnings per share is expected to be between $0.46 and $0.48
- Assuming between 106.0 million and 107.0 million diluted weighted average ordinary shares outstanding
Revenue & Expenses
Visualization of income flow from segment revenue to net income