OverviewSuggest Edit

Elastic (also known as Elasticsearch) is a company that provides self-managed and SaaS solutions. It develops 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. The company caters to defense, civilian, education, national security, and other markets.
TypePublic
Founded2012
HQMountain View, CA, US
Websiteelastic.co
Employee Ratings4.1
Overall CultureA+

Latest Updates

Employees (est.) (Oct 2021)2,626(+15%)
Job Openings285
Revenue (FY, 2021)$608.5 M(+43%)
Share Price (May 2022)$55.5(+5%)
Cybersecurity ratingCMore
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Key People/Management at Elastic

Shay Banon

Shay Banon

Founder and Chief Executive Officer
Janesh Moorjani

Janesh Moorjani

Chief Financial Officer
Jane Bone

Jane Bone

Chief Accounting Officer
Paul Appleby

Paul Appleby

President, Worldwide Field Operations
Sally Jenkins

Sally Jenkins

Chief Marketing Officer
Ashutosh Kulkarni

Ashutosh Kulkarni

Chief Product Officer
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Elastic Office Locations

Elastic has offices in Mountain View, Arlington, Chicago, Denver and in 19 other locations
Mountain View, CA, US (HQ)
800 West El Camino Real, Suite 350
Arlington, VA, US
3101 Wilson Boulevard
Chicago, IL, US
500 West Madison Street
Denver, CO, US
2301 Blake Street
Kansas, MO, US
1301 Oak Street
Minneapolis, MN, US
323 Washington Avenue North
Show all (24)

Elastic Financials and Metrics

Elastic Revenue

Elastic's revenue was reported to be $608.49 m in FY, 2021
USD

Revenue (Q2, 2022)

206.0m

Gross profit (Q2, 2022)

155.6m

Net income (Q2, 2022)

(47.0m)

EBITDA (Q2, 2022)

(32.2m)

EBIT (Q2, 2022)

(37.8m)

Market capitalization (12-May-2022)

5.1b

Closing stock price (12-May-2022)

55.5

Cash (31-Oct-2021)

876.1m

EV

4.8b
Elastic's current market capitalization is $5.1 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

159.9m271.7m427.6m608.5m

Cost of goods sold

(40.7m)(72.5m)(113.1m)(149.5m)

Gross profit

119.2m199.2m314.5m459.0m

R&D expense

(55.6m)(101.2m)(165.4m)(199.2m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Revenue

56.6m(70.8m)191.1m89.7m101.1m113.2m128.9m144.9m157.1m193.1m206.0m

Cost of goods sold

(15.6m)20.6m(51.7m)(25.0m)(26.7m)(28.1m)(32.0m)(32.7m)(42.0m)(46.6m)(50.4m)

Gross profit

41.7m(50.3m)139.3m64.7m74.4m85.0m96.8m112.2m115.1m146.4m155.6m

R&D expense

(19.0m)25.9m(70.2m)(35.2m)(38.5m)(46.1m)(45.7m)(46.7m)(51.4m)(59.4m)(63.8m)
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

50.9m298.0m297.1m400.8m

Accounts Receivable

53.2m81.3m128.7m160.4m

Prepaid Expenses

10.3m20.6m24.1m27.9m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Cash

51.1m318.6m305.8m315.2m305.2m294.1m350.4m349.0m393.1m991.3m876.1m

Accounts Receivable

43.5m54.5m54.5m57.4m78.9m72.6m87.3m132.5m120.0m110.8m157.8m

Prepaid Expenses

9.8m9.4m12.3m21.1m23.9m23.1m25.5m22.1m19.4m33.2m25.2m
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(52.7m)(102.3m)(167.2m)(129.4m)

Depreciation and Amortization

5.1m5.7m12.9m17.2m

Accounts Payable

(23.0k)2.2m6.0m(4.8m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Net Income

(18.6m)(113.6m)(67.5m)(41.8m)(91.7m)(136.0m)(19.0m)(48.2m)(86.1m)(34.5m)(81.5m)

Depreciation and Amortization

1.5m7.4m4.4m1.3m3.3m8.6m4.3m8.6m12.9m4.5m9.3m

Accounts Payable

3.2m4.5m(366.0k)2.3m4.2m7.1m(612.0k)(2.6m)(6.3m)10.7m10.5m
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Elastic Operating Metrics

Elastic's Customers was reported to be 17 k in Q2, 2022.
Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021Q1, 2022Q2, 2022

Customers

7.2 k8.1 k8.8 k9.7 k10.5 k11.3 k12.1 k12.9 k13.8 k15 k16 k17 k

Customers with >$100K in Annual Contract Value

380440475525570610630650670730780830

Calculated Billings

$79.83 m$342.96 m$89.44 m$125.26 m$122.9 m$512.7 m$103.03 m$177.75 m$173.2 m$721.84 m

Remaining Performance Obligations

$304.2 m$352.5 m$362.8 m$410 m$426 m$535.6 m$576.4 m$643.5 m$705.7 m$796.4 m$776 m$831.6 m
Show all operating metrics

Elastic Acquisitions / Subsidiaries

Company NameDateDeal Size
OptimyzeNovember 02, 2021
Build.securitySeptember 02, 2021$39.3 m
CMDAugust 17, 2021$77.8 m
EndgameOctober 08, 2019$234 m
PerchedAugust 22, 2019
Lambda LabJuly 31, 2018$2 m
SwiftypeOctober 31, 2017$10.12 m
OpbeatMay 31, 2017$7.14 m
PrelertSeptember 15, 2016$10.71 m
PacketbeatMay 27, 2015
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Elastic Revenue Breakdown

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Elastic revenue breakdown by business segment: 65.9% from SELF-MANAGED SUBSCRIPTION, 27.3% from SAAS and 6.8% from PROFESSIONAL SERVICES

Human Capital Metrics

Source: www.sec.gov
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Elastic Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Elastic Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Elastic Online and Social Media Presence

Embed Graph

Elastic Company Culture

  • Overall Culture

    A+

    84/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A+

    85/100

  • Diversity

    A

    82/100

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Elastic News and Updates

Elastic beats earnings expectations with revenue growth of 43%

Enterprise search technology firm Elastic N.V. delivered fiscal third-quarter financial results today that beat analysts’ expectations, sending its stock slightly higher in late trading. The company reported a net loss for the quarter of $56.7 million, yielding a loss before certain costs such as s…

CEO Of $10 Billion Open-Source Company Elastic Steps Down, President Leaves

Shay Banon, co-founder of the $10 billion open-source company, was known for being one of the most outspoken critics of Amazon Web Services' dominance.

Elastic CEO reflects on Amazon spat, license switch, and the principles of open source

Elastic cofounder and CEO Shay Banon discusses the Elasticsearch open source license switch, and what being "free and open" really means.

Elastic buys Optimyze to add ‘continuous profiling’ to its observability tools

Elastic N.V. is looking to create a full set of observability capabilities into its enterprise search platform after acquiring a startup called Optimyze Inc. today that specializes in continuous profiling. Three-year-old Optimyze is a Zurich, Switzerland-based startup that’s best known for its Prod…
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Elastic Blogs

How to deploy NLP: Text Embeddings and Vector Search

,As part of our natural language processing (NLP) blog series, we will walk through an example of using a text embedding model to generate vector representations of textual contents and demonstrating vector similarity search on generated vectors. We will deploy a publicly available model on Elastics…

How Elastic powers speed, security, and connectivity in capital markets

Speed is everything in capital markets. Success in the front and back office is dependent on the ability to provide accurate, fast responses to challenging questions. Over the past several decades, there has been a tremendous increase in the amount of information available to market participants, an…
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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 Jane Bone.

  • How many employees does Elastic have?

    Elastic has 2,626 employees.

  • What is Elastic revenue?

    Latest Elastic annual revenue is $608.5 m.

  • What is Elastic revenue per employee?

    Latest Elastic revenue per employee is $231.7 k.

  • Who are Elastic competitors?

    Competitors of Elastic include Sumo Logic, Lucidworks and Splunk.

  • Where is Elastic headquarters?

    Elastic headquarters is located at 800 West El Camino Real, Suite 350, Mountain View.

  • Where are Elastic offices?

    Elastic has offices in Mountain View, Arlington, Chicago, Denver and in 19 other locations.

  • How many offices does Elastic have?

    Elastic has 24 offices.