Elastic N.V. earnings

Elastic posted $478.1 million in revenue for the quarter ended July 31, 2026, up 15.1% from the prior-year quarter. Subscription revenue of $448.7 million supplied 94% of the total, with services contributing the rest.

Elastic closed fiscal 2026 with fourth quarter revenue of $450.7 million, up 16.0% from $388.4 million a year earlier, and full year revenue of $1.739 billion, up 17.3%. Gross margin improved to 75.4% in the quarter from 74.8%, and to 76.1% for the year from 74.4%.

Elastic posted FY2026 Q3 total revenue of $449.9 million, up 17.7% from the prior-year quarter. Gross profit was $343.4 million, up 20.5%, and gross margin was 76.3%, up 1.8 percentage points. The company swung to GAAP operating income of $0.6 million, and operating margin was 0.1%, up 1.3 percentage points.

Elastic reported second quarter fiscal 2026 total revenue of $423.5 million, up 15.9% from the prior-year quarter. Gross profit rose to $321.5 million, up 18.1%, and gross margin was 75.9%, up from 74.5%.

Elastic closed FY2026 Q1 ended July 31, 2025 with total revenue of $415.3 million, up 19.5% year over year, or 18% on a constant currency basis. The quarter showed better profitability. Gross profit rose 24.6% to $318.5 million, and gross margin expanded to 76.7%, up 3.1 percentage points.

Elastic closed fiscal 2025 with fourth-quarter revenue of $388.4 million, up 16.0% from the prior-year quarter. Full-year revenue reached $1.483 billion, up 17.0% from the prior year. The customer base kept expanding.

Elastic's third-quarter fiscal 2025 revenue was $382.1 million, up 16.5% from the prior-year quarter. Gross profit rose 17.1% to $284.9 million, and gross margin edged up to 74.6%. The GAAP operating loss narrowed to $4.6 million, and operating margin improved to -1.2%.

Elastic reported second quarter fiscal 2025 revenue of $365.36 million, up 17.6% from the prior-year quarter. Gross profit was $272.18 million, up 18.1%, and gross margin was 74.5%, up 0.3 percentage points.

Elastic closed fiscal 2024 with total revenue of $335.0 million in the fourth quarter, up 19.7% from $279.94 million a year earlier. Full-year revenue reached $1.27 billion, up 18.6% from $1.07 billion. Gross profit rose 19.8% to $247.13 million in the quarter and 21.3% to $937.24 million for the year.

Elastic posted total revenue of $327.96 million for its fiscal 2024 third quarter, ended January 31, 2024, up 19.4% from $274.57 million in the prior-year quarter.

Elastic reported total revenue of $310.6 million for FY2024 Q2, up 17.5% from the prior-year quarter. Gross profit rose 21.6% to $230.5 million, and gross margin expanded to 74.2%, up 2.5 percentage points.

Elastic started fiscal 2024 with total revenue of $293.8 million, up 17.5% from $250.1 million in the prior-year quarter. Gross profit was $216.3 million, up 22.1%, and gross margin reached 73.6%, up 2.8 percentage points from 70.8%.

Elastic closed fiscal 2023 with fourth-quarter total revenue of $279.94 million, up 17.0% from the prior-year quarter, or 19% in constant currency. Full-year revenue reached $1.07 billion, up 24.0%. Fourth-quarter gross profit was $206.26 million, up 19.9%, and full-year gross profit was $772.36 million, up 22.6%.

Elastic closed the January 31, 2023 quarter with total revenue of $274.6 million, up 22.6% from the prior-year quarter. Year-to-date revenue reached $789.0 million, up 26.6% from the prior-year period. Elastic Cloud accounted for 40% of total revenue versus 36% a year earlier.

Elastic posted revenue of $264.4 million for its second quarter of fiscal 2023, up 28% from a year earlier and up 34% in constant currency. Elastic Cloud revenue of $103.2 million grew 50% year over year, or 52% in constant currency, and reached 39% of total revenue, compared with 34% a year ago.

Elastic posted total revenue of $250.1 million for FY2023 Q1, up 30% year over year and 34% in constant currency. Elastic Cloud revenue was $97.7 million, up 59% year over year and 62% in constant currency. Cloud now represents 39% of total revenue, up from 32% one year ago.

Elastic closed fiscal 2022 Q4 with revenue of $239.4 million, up 34.8% from the prior-year quarter. Full-year revenue reached $862.4 million, up 41.7%. The top line stayed strong even as GAAP profitability moved the other way.

Elastic reported third quarter fiscal 2022 total revenue of $223.9 million, up 42.5% from the prior-year quarter. Gross profit was $162.7 million, up 41.3%. Gross margin was 72.6%, down 0.7 percentage points from a year earlier.

Elastic's fiscal 2022 second quarter showed rapid top-line expansion. Total revenue was $206.0 million, up 42.2% year over year. Elastic Cloud revenue grew 84% year over year, and the cloud offering reached 34% of total revenue in the quarter. Calculated billings were $231.2 million, up 30% year over year.

Elastic started fiscal 2022 with strong top-line growth. Total revenue for the first quarter ended July 31, 2021 was $193.1 million, up 49.8% from $128.9 million in the prior-year quarter. Gross profit rose 52.5% to $143.4 million, and gross margin expanded to 74.3% from 73.0%. The bottom line moved the other way.

Elastic closed fiscal 2021 with fourth-quarter revenue of $177.6 million, up 44% year over year, or 39% on a constant currency basis. Growth came from broad demand for enterprise search, observability, and security, and from continued adoption of Elastic Cloud.

Elastic delivered $157.1 million of revenue in the third quarter of fiscal 2021, up 38.8% from the prior-year quarter. Subscription revenue accounted for 94% of the total. Elastic Cloud, the company's SaaS offering, grew 79% year over year, or 76% in constant currency.

Elastic reported revenue of $144.9 million for the second quarter of fiscal 2021, up 43.3% from the prior-year quarter and 40% on a constant currency basis. Gross profit rose 47.1% to $106.4 million, and gross margin improved to 73.5% from 71.6%. The GAAP losses narrowed substantially.

Elastic's fiscal 2021 first quarter, ended July 31, 2020, showed a business growing quickly through the pandemic. Total revenue was $128.9 million, up 43.7% from the prior-year quarter. Gross profit rose 48.2% to $94.0 million, and gross margin reached 73.0%, up 2.2 percentage points.