Elastic N.V.ESTC

NYSETechnologyServices-Prepackaged Software
Price (close)
$88.12
Market cap
$9.3B
P/E
24.7x
Revenue (TTM)
$1.8B
Net income
$375.6M
Dividend yield
—
1-year total return
3.5%
Net margin
20.8%
Revenue growth
16.2%
Debt / equity
0.44x

What Elastic N.V. does.

Elastic, the Search AI Company, enables its customers to transform data into answers, actions, and outcomes with Search AI. While search technology revolutionized information retrieval through its ability to instantly return relevant results from massive datasets, it struggles when it comes to understanding context and generating insights. AI, on the other hand, excels at analyzing complex patterns and generating insights, but it lacks the ability to find and access specific information within vast data stores. The Elasticsearch Platform (“our platform”) combines the precision of search with the intelligence of AI to help our customers and community solve real-time business problems, unlock potential value, and achieve better outcomes. Our platform, available as either a cloud service or a self-managed software, allows our customers to find insights and drive AI and machine learning use cases from large amounts of data.

We offer three Elasticsearch-powered solutions—Search & AI, Elastic Observability, and Elastic Security—that are built on our platform. We help organizations, their employees, and their customers find what they need faster, while keeping mission-critical applications and infrastructure running smoothly and protecting against cyber threats.

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$608.5M$862.4M$1.1B$1.3B$1.5B$1.7B
Net income-$129.4M-$203.8M-$236.2M$61.7M-$108.1M$367.8M
Free cash flow$18.6M$3.2M$33.0M$145.3M$261.8M$321.8M

More on ESTC.

Figures from Elastic N.V.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.