NYSE : ESTC
Elastic N.V. — Financial statements
Technology · Software - Application · Netherlands
Last price 103.3 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 10.85B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Elastic N.V. (ESTC) reported revenue of 1.80B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year May - April; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 1.80B | 1.74B | 1.48B | 1.27B | 1.07B | 862.37M |
| Cost of Revenue | 439.98M | 414.74M | 378.23M | 328.65M | 295.78M | 230.80M |
| Gross Profit | 1.36B | 1.32B | 1.11B | 938.67M | 773.21M | 631.57M |
| Selling, General & Admin | 927.09M | 898.85M | 786.03M | 713.90M | 642.85M | 523.32M |
| Research & Development | 450.75M | 447.65M | 360.91M | 335.98M | 305.12M | 264.34M |
| Other Operating Expenses | 9.64M | 9.81M | 12.13M | 11.32M | 7.13M | 9.96M |
| Operating Expenses | 1.39B | 1.36B | 1.16B | 1.06B | 955.11M | 797.62M |
| Operating Income | -25.31M | -31.72M | -54.02M | -122.53M | -181.90M | -166.05M |
| Interest Expense | -25.07M | -25.14M | -25.31M | -26.13M | -25.16M | -20.72M |
| Interest & Investment Income | 48.70M | 51.80M | 48.30M | 28.10M | 17.70M | 200.00K |
| Currency Exchange Gain (Loss) | -1.90M | -2.10M | -2.50M | -3.40M | -400.00K | -3.60M |
| Other Non Operating Income (Expenses) | 6.33M | 6.62M | 2.86M | 8.58M | -246.00K | 7.00K |
| EBT Excluding Unusual Items | 2.75M | -548.00K | -30.66M | -115.39M | -190.00M | -190.16M |
| Merger & Restructuring Charges | -22.30M | -1.75M | -907.00K | -7.37M | -37.27M | -7.63M |
| Legal Settlements | 10.40M | |||||
| Pretax Income | -19.55M | -2.30M | -31.57M | -122.76M | -216.88M | -197.79M |
| Income Tax Expense | -395.19M | -370.07M | 76.55M | -184.48M | 19.28M | 6.06M |
| Net Income | 375.64M | 367.77M | -108.11M | 61.72M | -236.16M | -203.85M |
| Net Income to Common | 375.64M | 367.77M | -108.11M | 61.72M | -236.16M | -203.85M |
| Shares Outstanding (Basic) | 105.01M | 105.34M | 103.66M | 99.65M | 95.73M | 92.55M |
| Shares Outstanding (Diluted) | 106.89M | 107.22M | 103.66M | 103.98M | 95.73M | 92.55M |
| EPS (Basic) | 3.58 | 3.49 | -1.04 | 0.62 | -2.47 | -2.20 |
| EPS (Diluted) | 3.51 | 3.43 | -1.04 | 0.59 | -2.47 | -2.20 |
| Free Cash Flow | 349.04M | 321.80M | 261.82M | 145.31M | 32.98M | 3.19M |
| Free Cash Flow Per Share | 3.27 | 3.00 | 2.53 | 1.40 | 0.34 | 0.03 |
| Gross Margin | 75.59% | 76.16% | 74.50% | 74.07% | 72.33% | 73.24% |
| Operating Margin | -1.40% | -1.82% | -3.64% | -9.67% | -17.02% | -19.25% |
| Profit Margin | 20.84% | 21.14% | -7.29% | 4.87% | -22.09% | -23.64% |
| Free Cash Flow Margin | 19.37% | 18.50% | 17.65% | 11.47% | 3.08% | 0.37% |
| EBITDA | -22.27M | -28.68M | -41.70M | -104.54M | -161.66M | -146.32M |
| EBITDA Margin | -1.24% | -1.65% | -2.81% | -8.25% | -15.12% | -16.97% |
| D&A For EBITDA | 3.04M | 3.04M | 12.31M | 18.00M | 20.23M | 19.73M |
| EBIT | -25.31M | -31.72M | -54.02M | -122.53M | -181.90M | -166.05M |
| EBIT Margin | -1.40% | -1.82% | -3.64% | -9.67% | -17.02% | -19.25% |
| Revenue as Reported | 1.80B | 1.74B | 1.48B | 1.27B | 1.07B | 862.37M |
| Advertising Expenses | 20.40M | 22.50M | 26.00M | 22.40M | 19.70M |
Balance sheet
Fiscal year May - April; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 879.87M | 768.73M | 727.54M | 540.40M | 644.17M | 860.95M |
| Short-Term Investments | 581.17M | 601.54M | 669.72M | 544.00M | 271.04M | |
| Cash & Short-Term Investments | 1.46B | 1.37B | 1.40B | 1.08B | 915.21M | 860.95M |
| Receivables | 236.43M | 464.41M | 375.61M | 323.01M | 260.92M | 215.23M |
| Prepaid Expenses | 75.14M | 80.37M | 68.26M | 42.77M | 39.87M | 41.22M |
| Restricted Cash | 1.97M | 1.77M | 3.67M | 2.69M | 2.47M | 2.69M |
| Other Current Assets | 103.06M | 106.45M | 86.20M | 78.03M | 55.81M | 43.63M |
| Total Current Assets | 1.88B | 2.02B | 1.93B | 1.53B | 1.27B | 1.16B |
| Property, Plant & Equipment | 31.23M | 27.23M | 28.92M | 25.96M | 25.09M | 32.64M |
| Goodwill | 356.58M | 356.44M | 319.42M | 319.38M | 303.64M | 303.91M |
| Other Intangible Assets | 10.44M | 13.06M | 11.40M | 20.62M | 29.10M | 50.90M |
| Long-Term Deferred Tax Assets | 566.05M | 567.28M | 168.04M | 225.54M | 7.41M | 5.81M |
| Long-Term Deferred Charges | 146.49M | 150.99M | 117.76M | 114.51M | 95.88M | 74.42M |
| Other Long-Term Assets | 13.46M | 14.41M | 16.30M | 5.66M | 8.08M | 11.54M |
| Total Assets | 3.00B | 3.15B | 2.59B | 2.24B | 1.74B | 1.64B |
| Accounts Payable | 14.19M | 8.62M | 17.15M | 26.07M | 35.15M | 28.40M |
| Accrued Expenses | 151.34M | 183.09M | 147.09M | 144.24M | 116.97M | 107.91M |
| Current Portion of Leases | 5.71M | 6.54M | 8.93M | 12.19M | 12.75M | 11.22M |
| Current Income Taxes Payable | 7.35M | 12.90M | 11.69M | 10.60M | 9.74M | 4.29M |
| Current Unearned Revenue | 839.76M | 973.82M | 802.12M | 663.85M | 528.70M | 431.78M |
| Other Current Liabilities | 18.84M | 19.95M | 21.28M | 14.15M | 13.31M | 9.73M |
| Total Current Liabilities | 1.04B | 1.20B | 1.01B | 871.09M | 716.62M | 593.33M |
| Long-Term Debt | 571.20M | 570.89M | 569.73M | 568.61M | 567.54M | 566.52M |
| Long-Term Leases | 18.87M | 14.13M | 16.36M | 12.90M | 13.94M | 16.48M |
| Long-Term Unearned Revenue | 44.19M | 52.50M | 50.34M | 30.29M | 34.25M | 33.52M |
| Other Long-Term Liabilities | 33.60M | 33.73M | 20.94M | 21.49M | 12.23M | 17.65M |
| Total Liabilities | 1.71B | 1.88B | 1.67B | 1.50B | 1.34B | 1.23B |
| Common Stock | 1.17M | 1.15M | 1.11M | 1.07M | 1.02M | 990.00K |
| Additional Paid-In Capital | 2.32B | 2.31B | 2.05B | 1.75B | 1.47B | 1.25B |
| Retained Earnings | -748.68M | -731.96M | -1.10B | -991.61M | -1.05B | -817.17M |
| Treasury Stock | -249.27M | -275.69M | -369.00K | -369.00K | -369.00K | -369.00K |
| Comprehensive Income & Other | -28.87M | -27.87M | -23.20M | -21.64M | -20.02M | -18.13M |
| Total Common Equity | 1.30B | 1.28B | 927.23M | 738.18M | 398.90M | 415.43M |
| Shareholders' Equity | 1.30B | 1.28B | 927.23M | 738.18M | 398.90M | 415.43M |
| Total Liabilities & Equity | 3.00B | 3.15B | 2.59B | 2.24B | 1.74B | 1.64B |
| Total Debt | 595.77M | 591.56M | 595.01M | 593.70M | 594.23M | 594.22M |
| Net Cash (Debt) | 865.27M | 778.70M | 802.25M | 490.70M | 320.97M | 266.73M |
| Net Cash Per Share | 8.09 | 7.26 | 7.74 | 4.72 | 3.35 | 2.88 |
| Filing Date Shares Outstanding | 104.99M | 103.95M | 105.53M | 101.72M | 97.39M | 94.86M |
| Total Common Shares Outstanding | 105.12M | 104.75M | 105.53M | 101.71M | 97.37M | 94.17M |
| Working Capital | 840.45M | 818.34M | 922.75M | 659.81M | 557.66M | 570.38M |
| Book Value Per Share | 12.34 | 12.19 | 8.79 | 7.26 | 4.10 | 4.41 |
| Tangible Book Value | 929.82M | 907.00M | 596.41M | 398.19M | 66.15M | 60.63M |
| Tangible Book Value Per Share | 8.85 | 8.66 | 5.65 | 3.92 | 0.68 | 0.64 |
| Machinery | 10.70M | 9.23M | 12.41M | 10.86M | 8.31M | 7.23M |
| Construction In Progress | 8.00K | 3.58M | 33.00K | 428.00K | 1.73M | 1.12M |
| Leasehold Improvements | 12.16M | 9.77M | 14.78M | 12.68M | 10.08M | 10.86M |
Cash flow statement
Fiscal year May - April; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 375.64M | 367.77M | -108.11M | 61.72M | -236.16M | -203.85M |
| Depreciation & Amortization | 3.04M | 3.04M | 12.31M | 18.00M | 20.23M | 19.73M |
| Other Amortization | 128.42M | 121.07M | 97.81M | 79.62M | 69.92M | 61.54M |
| Asset Writedown & Restructuring Costs | 6.24M | |||||
| Loss (Gain) From Sale of Investments | -2.35M | -3.43M | -7.19M | -8.81M | -772.00K | |
| Stock-Based Compensation | 303.28M | 298.44M | 257.78M | 239.14M | 204.04M | 140.61M |
| Other Operating Activities | -409.09M | -388.89M | 69.72M | -204.29M | 7.53M | 8.29M |
| Change in Accounts Receivable | -13.80M | -86.84M | -48.90M | -63.52M | -46.35M | -62.19M |
| Change in Accounts Payable | -12.79M | -8.97M | -8.95M | -10.00M | 6.30M | 21.04M |
| Change in Unearned Revenue | 127.37M | 168.62M | 147.11M | 134.59M | 95.62M | 83.78M |
| Change in Other Net Operating Assets | -145.67M | -143.92M | -145.41M | -97.69M | -90.94M | -63.28M |
| Operating Cash Flow | 354.06M | 326.89M | 266.17M | 148.76M | 35.66M | 5.67M |
| Capital Expenditures | -5.03M | -5.09M | -4.34M | -3.45M | -2.68M | -2.48M |
| Cash Acquisitions | -28.34M | -36.83M | -19.10M | -119.85M | ||
| Sale (Purchase) of Intangibles | -4.93M | |||||
| Investment in Securities | 248.47M | 68.51M | -114.32M | -265.41M | -270.27M | |
| Other Investing Activities | -521.00K | -521.00K | ||||
| Investing Cash Flow | 214.59M | 26.07M | -118.67M | -287.96M | -272.95M | -127.27M |
| Long-Term Debt Issued | 575.00M | |||||
| Net Debt Issued (Repaid) | 575.00M | |||||
| Issuance of Common Stock | 30.80M | 27.82M | 40.95M | 40.05M | 17.47M | 36.41M |
| Repurchase of Common Stock | -380.10M | -340.09M | ||||
| Other Financing Activities | -9.28M | |||||
| Financing Cash Flow | -349.31M | -312.27M | 40.95M | 40.05M | 17.47M | 602.13M |
| Foreign Exchange Rate Adjustments | -3.50M | -1.41M | -322.00K | -4.41M | 2.82M | -20.60M |
| Net Cash Flow | 215.84M | 39.28M | 188.12M | -103.55M | -217.00M | 459.93M |
| Free Cash Flow | 349.04M | 321.80M | 261.82M | 145.31M | 32.98M | 3.19M |
| Free Cash Flow Margin | 19.37% | 18.50% | 17.65% | 11.47% | 3.08% | 0.37% |
| Free Cash Flow Per Share | 3.27 | 3.00 | 2.53 | 1.40 | 0.34 | 0.03 |
| Levered Free Cash Flow | 504.32M | 461.71M | 367.16M | 308.00M | 227.55M | 172.58M |
| Unlevered Free Cash Flow | 518.81M | 476.26M | 381.86M | 323.26M | 242.25M | 184.73M |
| Cash Interest Paid | 23.89M | 23.98M | 24.19M | 25.06M | 24.14M | 12.99M |
| Cash Income Tax Paid | 28.61M | 28.01M | 21.99M | 24.22M | 11.58M | 3.98M |
| Change in Working Capital | -44.88M | -71.11M | -56.16M | -36.62M | -35.37M | -20.65M |
Ratios
Fiscal year May - April; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 10.21B | 4.81B | 9.00B | 10.30B | 5.52B | 7.12B |
| Enterprise Value | 9.35B | 4.15B | 8.30B | 9.89B | 5.24B | 6.84B |
| Last Close Price | 97.28 | 46.43 | 86.20 | 102.22 | 57.25 | 76.14 |
| PE Ratio | 27.68 | 13.07 | 166.96 | |||
| Forward PE | 27.66 | 17.26 | 44.95 | 88.34 | 84.79 | |
| PS Ratio | 5.67 | 2.76 | 6.07 | 8.13 | 5.17 | 8.25 |
| PB Ratio | 7.89 | 3.77 | 9.71 | 13.96 | 13.85 | 17.13 |
| P/TBV Ratio | 10.98 | 5.30 | 15.09 | 25.88 | 83.51 | 117.39 |
| P/FCF Ratio | 29.26 | 14.93 | 34.38 | 70.91 | 167.51 | 2,233.05 |
| P/OCF Ratio | 28.85 | 14.70 | 33.81 | 69.27 | 154.90 | 1,254.71 |
| PEG Ratio | 1.25 | 0.87 | 1.45 | 4.91 | ||
| EV/Sales Ratio | 5.19 | 2.39 | 5.60 | 7.80 | 4.91 | 7.93 |
| EV/FCF Ratio | 26.78 | 12.89 | 31.72 | 68.03 | 159.00 | 2,146.21 |
| Debt / Equity Ratio | 0.46 | 0.46 | 0.64 | 0.80 | 1.49 | 1.43 |
| Debt / FCF Ratio | 1.71 | 1.84 | 2.27 | 4.09 | 18.02 | 186.45 |
| Net Debt / Equity Ratio | -0.67 | -0.61 | -0.86 | -0.67 | -0.81 | -0.64 |
| Net Debt / EBITDA Ratio | 38.86 | 27.15 | 19.24 | 4.69 | 1.99 | 1.82 |
| Net Debt / FCF Ratio | -2.48 | -2.42 | -3.06 | -3.38 | -9.73 | -83.69 |
| Asset Turnover | 0.65 | 0.60 | 0.61 | 0.64 | 0.63 | 0.66 |
| Quick Ratio | 1.64 | 1.52 | 1.76 | 1.62 | 1.64 | 1.81 |
| Current Ratio | 1.81 | 1.68 | 1.92 | 1.76 | 1.78 | 1.96 |
| Return on Equity (ROE) | 33.12% | 33.38% | -12.98% | 10.86% | -58.00% | -47.06% |
| Return on Assets (ROA) | -0.57% | -0.69% | -1.40% | -3.84% | -6.71% | -7.93% |
| Return on Capital Employed (ROCE) | -1.30% | -1.60% | -3.40% | -8.90% | -17.70% | -15.80% |
| Earnings Yield | 3.61% | 7.65% | -1.20% | 0.60% | -4.28% | -2.86% |
| FCF Yield | 3.42% | 6.70% | 2.91% | 1.41% | 0.60% | 0.04% |
| Buyback Yield / Dilution | -2.21% | -3.43% | 0.31% | -8.62% | -3.44% | -6.12% |