OverviewSuggest Edit

Elastic (also known as Elasticsearch) is a company developing self-managed and SaaS solutions. It offers Elastic Stack that comprises Elasticsearch, Kibana, Beats, and Logstash and makes data usable in real-time and at scale for use cases like application search, site search, enterprise search, logging, APM, metrics, security, business analytics, etc.

TypePublic
Founded2012
HQMountain View, US
Websiteelastic.co
Employee Ratings4

Latest Updates

Employees (est.) (Jan 2020)1,892
Job Openings84
Revenue (FY, 2020)$427.6 M(+58%)
Share Price (Oct 2020)$109
Cybersecurity ratingBMore

Key People/Management at Elastic

Shay Banon

Shay Banon

Founder & CEO
Janesh Moorjani

Janesh Moorjani

Chief Financial Officer
Sally Jenkins

Sally Jenkins

Chief Marketing Officer
Jane Bone

Jane Bone

Chief Accounting Officer
Steve Mayzak

Steve Mayzak

Field CTO
Kevin Kluge

Kevin Kluge

SVP of Engineering
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Elastic Office Locations

Elastic has offices in Mountain View, Arlington, Atlanta, Austin and in 26 other locations
Mountain View, US (HQ)
800 W El Camino Real #350
Arlington, US
3101 Wilson Blvd
Atlanta, US
1447 Peachtree St NE
Austin, US
501 Congress Ave #150
Boston, US
745 Atlantic Ave
Chicago, US
Citigroup Center, 500 W Madison St #1000
Show all (33)

Elastic Financials and Metrics

Elastic Revenue

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Elastic's revenue was reported to be $427.62 m in FY, 2020
USD

Revenue (Q1, 2021)

128.9m

Gross profit (Q1, 2021)

94.0m

Gross profit margin (Q1, 2021), %

73%

Net income (Q1, 2021)

(19.0m)

EBIT (Q1, 2021)

(29.5m)

Market capitalization (23-Oct-2020)

9.4b

Closing stock price (23-Oct-2020)

109.0

Cash (31-Jul-2020)

350.4m

EV

9.1b
Elastic's current market capitalization is $9.4 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

88.2m159.9m271.7m427.6m

Revenue growth, %

81%70%

Cost of goods sold

19.8m40.7m78.0m122.7m

Gross profit

68.3m119.2m193.6m304.9m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

16.6m21.3m23.1m27.2m31.6m37.0m41.7m49.6m56.6m63.6m70.8m89.7m101.1m113.2m128.9m

Cost of goods sold

3.9m4.4m5.2m6.3m7.4m9.0m10.8m13.6m15.6m18.6m20.4m26.3m28.8m33.4m34.8m

Gross profit

12.6m16.9m17.9m20.8m24.2m28.1m30.9m36.0m41.1m45.0m50.4m63.5m72.3m79.8m94.0m

Gross profit Margin, %

76%79%78%77%77%76%74%73%73%71%71%71%72%70%73%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

59.6m50.9m298.0m297.1m

Accounts Receivable

30.1m53.2m81.3m128.7m

Prepaid Expenses

5.3m10.3m30.9m32.6m

Current Assets

120.6m132.2m429.6m480.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

51.1m318.6m305.8m315.2m305.2m294.1m350.4m

Accounts Receivable

43.5m54.5m54.5m57.4m78.9m72.6m87.3m

Prepaid Expenses

9.8m18.5m22.9m27.9m31.9m34.7m34.3m

Current Assets

124.9m409.6m401.7m417.4m433.1m418.5m497.9m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(52.0m)(52.7m)(102.3m)(167.2m)

Depreciation and Amortization

3.2m5.1m5.7m12.9m

Accounts Payable

(241.0k)(23.0k)2.2m6.0m

Cash From Operating Activities

(16.1m)(20.8m)(23.9m)(30.6m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(10.0m)(18.0m)(31.3m)(18.6m)(41.8m)(91.7m)(136.0m)(19.0m)

Depreciation and Amortization

1.0m2.1m3.6m1.5m1.3m3.3m8.6m4.3m

Accounts Payable

1.4m398.0k5.1m3.2m2.3m4.2m7.1m(612.0k)

Cash From Operating Activities

850.0k4.9m3.1m5.1m(1.7m)(1.4m)(24.6m)22.0m
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Elastic Operating Metrics

Elastic's Customers was reported to be 8.1 k in FY, 2019.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Customers

2.80 k5 k5.50 k8.10 k

Large Customers

150 275 300

Calculated Billings

$114.57 m$33.65 m$51.27 m$47.48 m$205.72 m$59.22 m$88.52 m$79.83 m$342.96 m$89.44 m$125.26 m$122.90 m

Total Downloads

350 m
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Elastic Acquisitions / Subsidiaries

Company NameDateDeal Size
PerchedAugust 22, 2019
EndgameJune 05, 2019$234 m
Lambda LabJuly 31, 2018$4.24 m
SwiftypeOctober 31, 2017$10.12 m
OpbeatMay 31, 2017$7.14 m
PrelertSeptember 15, 2016$10.71 m
Elastic CloudMarch 10, 2015
FoundMarch 10, 2015
Avengers Acquisition Corp.
Elasticsearch AB
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Elastic Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Elastic Revenue Breakdown

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Elastic revenue breakdown by business segment: 14.5% from License – Self-managed, 8.6% from Professional Services and 76.9% from Subscription – Self-managed and SaaS

Elastic revenue breakdown by geographic segment: 57.4% from United States and 42.6% from Rest of World

Elastic Online and Social Media Presence

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Elastic News and Updates

Omphalos Raises 2 Million to Build an Elastic DeFi Protocol

SAN FRANCISCO, Oct. 01, 2020 (GLOBE NEWSWIRE) -- Omphalos, a famous blockchain technology company that plans on building an elastic digital asset protocol for the global decentralized financial system has just raised over $2 million in seed and private sale backed by Altar Fund, Quan Capital, RedM…

Amazon’s Elastic Kubernetes Service now supports its Graviton2 Arm processors

Amazon Web Services Inc. said today at the KubeCon + CloudNativeCon Europe event that its Amazon Elastic Kubernetes Service is now generally available on its AWS Graviton2 processor. Amazon EKS provides a fully managed Kubernetes service on AWS infrastructure. Kubernetes is an open-source container…

Elastic Stock Off 40% From Record High Despite Strong SaaS Growth

Elastic shares fell sharply in early December on a fiscal Q2 billings disappointment. Bulls argue investors should focus on Elastic's fast-growing SaaS business.

Elastic stock sags on outlook

U.S. shares of Elastic NV fell in the extended session Wednesday after the search company forecast a wider-than-expected loss for the current quarter. Elastic ADRs dropped 12% after hours, following a 0.5% rise in the regular session to close at $78.20. Elastic expects a fiscal third-quarter loss o…

Why Did Elastic Stock See A Big Correction Last Week?

Elastic (NYSE: ESTC) is a company that primarily sells software as a service (SaaS) solutions that cater to search, logging, security, and analytics applications. Elastic has been posting robust growth (~50% revenue growth in FY’20), but the company saw its stock decline by 16% over the last week
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Elastic Blogs

How to connect ServiceNow and Elasticsearch for bidirectional communication

The Elastic Stack (ELK) has been used for observability and security for many years now, so much so that we now offer the two as out-of-the-box solutions. However, identifying issues and finding the root cause is only part of the process. Often, organizations want to integrate the Elastic Stack into…

Elastic Cloud is now available on Microsoft Azure in Australia East (New South Wales)

We’re pleased to announce you can now run Elastic Cloud on Microsoft Azure in the Australia East (New South Wales) region. Elastic Cloud gives you the power of enterprise search, observability, and security in the Australia East (New South Wales) region of Azure. Easily search applications, websites…

Encouraging our Elasticians to use Volunteer Time Off (VTO) to support voters

The need for volunteer election workers in the United States has never been greater, and Elastic has joined a number of tech companies in encouraging employees to support non-partisan election activities. In the US, where we are experiencing a whirlwind of activity leading up to the elections on No…

Congratulations to our newest 2020 Elastic Search Awards honorees

Every day at Elastic we’re hard at work building better products, solutions, and features. What inspires our innovation, and humbles us at the same time, are the exceptional projects and solutions the community has built using Elastic. We’re excited to recognize some of those extraordinary use case…

Words matter: Examining our language to foster empathy and inclusion at work

We’re determined to improve the language we use both within our products and documentation, and throughout the development process itself. This is a necessary step to remain committed to our Source Code, where we place a high value on inclusive practices. For us, inclusion means that we aim to speak…

Aggregate all the things: New aggregations in Elasticsearch 7

The aggregations framework has been part of Elasticsearch since version 1.0, and through the years it has seen optimizations, fixes, and even a few overhauls. Since the Elasticsearch 7.0 release, quite a few new aggregations have been added to Elasticsearch like the rare_terms, top_metrics or auto_d…
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Elastic Frequently Asked Questions

  • When was Elastic founded?

    Elastic was founded in 2012.

  • Who are Elastic key executives?

    Elastic's key executives are Shay Banon, Janesh Moorjani and Sally Jenkins.

  • How many employees does Elastic have?

    Elastic has 1,892 employees.

  • What is Elastic revenue?

    Latest Elastic annual revenue is $427.6 m.

  • What is Elastic revenue per employee?

    Latest Elastic revenue per employee is $226 k.

  • Who are Elastic competitors?

    Competitors of Elastic include Lucidworks, Splunk and Datadog.

  • Where is Elastic headquarters?

    Elastic headquarters is located at 800 W El Camino Real #350, Mountain View.

  • Where are Elastic offices?

    Elastic has offices in Mountain View, Arlington, Atlanta, Austin and in 26 other locations.

  • How many offices does Elastic have?

    Elastic has 33 offices.