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Apr 30, 2021
Elastic Q4 2021 Earnings Report
Elastic reported strong financial results for the fourth quarter and full fiscal year 2021.
Key Takeaways
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.
Total revenue was $177.6 million, up 44% year-over-year.
SaaS revenue was $51.3 million, up 77% year-over-year.
Calculated billings increased by 38% year-over-year to $240.9 million.
Cash and cash equivalents were $400.8 million as of April 30, 2021.
Revenue by Segment
Forward Guidance
For the first quarter of fiscal 2022, Elastic expects total revenue between $171 million and $173 million, non-GAAP operating margin between -5.0% and -4.0%, and non-GAAP net loss per share between $0.13 and $0.10. For fiscal year 2022, Elastic expects total revenue between $782 million and $788 million, non-GAAP operating margin between -5.5% and -4.5%, and non-GAAP net loss per share between $0.60 and $0.51.
Positive Outlook
- Total revenue is expected to be between $171 million and $173 million for Q1 2022.
- Non-GAAP operating margin is expected to be between -5.0% and -4.0% for Q1 2022.
- Non-GAAP net loss per share is expected to be between $0.13 and $0.10 for Q1 2022.
- Total revenue is expected to be between $782 million and $788 million for fiscal year 2022.
- Non-GAAP operating margin is expected to be between -5.5% and -4.5% for fiscal year 2022.
Challenges Ahead
- Non-GAAP operating margin is expected to be between -5.0% and -4.0% for Q1 2022.
- Non-GAAP net loss per share is expected to be between $0.13 and $0.10 for Q1 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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