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Apr 30, 2020

Elastic Q4 2020 Earnings Report

Elastic reported strong results driven by a significant increase in SaaS revenue and overall revenue growth.

Key Takeaways

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).

Total revenue increased by 53% year-over-year to $123.6 million.

SaaS revenue grew by 110% year-over-year to $29.0 million.

Net Expansion Rate continued to be greater than 130%.

Total subscription customer count was over 11,300.

Total Revenue
$124M
Previous year: $80.6M
+53.4%
EPS
-$0.12
Previous year: -$0.28
-57.1%
Net Expansion Rate
130%
Gross Profit
$89.4M
Cash and Equivalents
$297
Free Cash Flow
-$6.8
Total Assets
$804

Elastic

Elastic

Elastic Revenue by Segment

Forward Guidance

For the first quarter of fiscal 2021, Elastic expects total revenue between $119 million and $122 million and a non-GAAP operating margin between -12% and -11%. For fiscal year 2021, Elastic expects total revenue between $530 million and $540 million and a non-GAAP operating margin between -15% and -13%.

Revenue & Expenses

Visualization of income flow from segment revenue to net income