Loading...
•
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.
Elastic
Elastic
Elastic Revenue by Segment
Revenue by Segment
Elastic Cloud Revenue
CapyFin.comProfessional Services Revenue
CapyFin.com 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.
- Non-GAAP operating margin is expected to be between -5.5% and -4.5% for fiscal year 2022.
- Non-GAAP net loss per share is expected to be between $0.60 and $0.51 for fiscal year 2022.
- A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort.
Revenue & Expenses
Visualization of income flow from segment revenue to net income