Elastic
- Customers17 KQ2, 2022
- Revenue$862.4 MFY, 2022
- Market Capitalization$8.2 B2022-08-04
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.
| Type | Public | |
| Founded | 2012 | |
| HQ | Mountain View, CA, US | Map |
| Website | elastic.co | |
| Employee Ratings | ||
| Overall Culture | A+ | More |
Key People/Management at Elastic
Shay Banon
Founder and Chief Executive Officer
Janesh Moorjani
Chief Financial Officer
Jane Bone
Chief Accounting Officer
Paul Appleby
President, Worldwide Field Operations
Sally Jenkins
Chief Marketing Officer
Ashutosh Kulkarni
Chief Product Officer
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
Elastic Financials and Metrics
Elastic Revenue
Elastic's revenue was reported to be $862.37 m in FY, 2022
| USD | |
|---|---|
Revenue (FY, 2022) | 862.4m |
Gross profit (FY, 2022) | 630.2m |
Net income (FY, 2022) | (203.8m) |
EBIT (FY, 2022) | (173.7m) |
Market capitalization (4-Aug-2022) | 8.2b |
Closing stock price (4-Aug-2022) | 86.8 |
Elastic's current market capitalization is $8.2 b.
Annual
Quarterly
| USD | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 70.8m | 89.7m | 101.1m | 113.2m | 128.9m | 144.9m | 157.1m | 193.1m | 206.0m | 20.1m |
Cost of goods sold | 20.4m | 26.3m | 28.8m | 33.4m | 34.8m | 38.4m | 42.0m | 49.7m | 53.9m | 501.0k |
Gross profit | 50.4m | 63.5m | 72.3m | 79.8m | 94.0m | 106.4m | 115.1m | 143.4m | 152.1m | |
Gross profit Margin, % | 71% | 71% | 72% | 70% | 73% | 73% | 73% | 74% | 74% |
Annual
Quarterly
| USD | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 305.8m | 315.2m | 305.2m | 294.1m | 350.4m | 349.0m | 393.1m | 991.3m | 876.1m | 864.4m |
Accounts Receivable | 54.5m | 57.4m | 78.9m | 72.6m | 87.3m | 132.5m | 120.0m | 110.8m | 157.8m | 146.2m |
Prepaid Expenses | 22.9m | 27.9m | 31.9m | 34.7m | 34.3m | 31.8m | 28.9m | 41.1m | 34.9m | 39.4m |
Current Assets | 401.7m | 417.4m | 433.1m | 418.5m | 497.9m | 544.1m | 574.0m | 1.2b | 1.1b | 1.1b |
Annual
Quarterly
| USD | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (67.5m) | (41.8m) | (91.7m) | (136.0m) | (19.0m) | (48.2m) | (86.1m) | (34.5m) | (81.5m) | (138.2m) |
Depreciation and Amortization | 4.4m | 1.3m | 3.3m | 8.6m | 4.3m | 8.6m | 12.9m | 4.5m | 9.3m | 14.6m |
Accounts Payable | (366.0k) | 2.3m | 4.2m | 7.1m | (612.0k) | (2.6m) | (6.3m) | 10.7m | 10.5m | 14.5m |
Cash From Operating Activities | (4.1m) | (1.7m) | (1.4m) | (24.6m) | 22.0m | 4.7m | 24.1m | 14.1m | 3.7m | 8.7m |
| USD | Q3, 2019 |
|---|---|
Revenue/Employee | 56.8k |
Financial Leverage | 1.7 x |
Elastic Operating Metrics
Elastic's Customers was reported to be 17 k in Q2, 2022.
| Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | FY, 2021 | Q1, 2022 | Q2, 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Customers | 7.2 k | 8.1 k | 8.8 k | 9.7 k | 10.5 k | 11.3 k | 12.1 k | 12.9 k | 13.8 k | 15 k | 16 k | 17 k |
Customers with >$100K in Annual Contract Value | 380 | 440 | 475 | 525 | 570 | 610 | 630 | 650 | 670 | 730 | 780 | 830 |
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 |
Elastic Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Optimyze | November 02, 2021 | |
| Build.security | September 02, 2021 | $39.3 m |
| CMD | August 17, 2021 | $77.8 m |
| Endgame | October 08, 2019 | $234 m |
| Perched | August 22, 2019 | |
| Lambda Lab | July 31, 2018 | $2 m |
| Swiftype | October 31, 2017 | $10.12 m |
| Opbeat | May 31, 2017 | $7.14 m |
| Prelert | September 15, 2016 | $10.71 m |
| Packetbeat | May 27, 2015 |
Elastic Revenue Breakdown
Elastic revenue breakdown by business segment: 82.1% from Subscription – Self-managed and SaaS, 6.8% from Professional Services and 11.2% from License – Self-managed
Elastic revenue breakdown by geographic segment: 45.5% from Rest of World and 54.5% from United States
Elastic Cybersecurity Score
Elastic Environment, Social & Governance (ESG) Ratings
Elastic Online and Social Media Presence
62.81k Twitter followers
Elastic has 62.81k Twitter Followers. The number of followers has increased 0.4% month over month and increased 1.1% quarter over quarter
Elastic's Trends
Twitter Engagement Stats for @Elastic
9.1k
Tweets
168
Following
62.8k
Followers
34
Tweets last 30 days
17.3
Avg. likes per Tweet
100%
Tweets with engagement
Elastic Company Culture
Overall Culture
A+
84/100
CEO Rating
A+
88/100
Compensation
A+
87/100
Diversity
B+
79/100
Elastic News and Updates
August 01, 2022
Building Elastic Capacity Into Your Supply Chain
In today’s world, managing a growing business is less about accurately predicting where demand is going and more about ensuring your supply chain capacity can flex up or down to react to volatile demand.
June 20, 2022
Elastic Battery Binders Market to Expand at a CAGR of 16.6% from 2022 to 2031, TMR Report
Crucial role of manufacturers to develop highly elastic battery binders to overcome the shortcomings of conventional polymer binders to expand applications Asia Pacific is anticipated to remain fastest growing market of elastic binders market due to prospects of continued demand from...
June 07, 2022
Elastic releases security solution for the cloud
Elastic announces the launch of Elastic Security for Cloud, an infrastructure detection and response solution to detect cloud threats.
June 02, 2022
Elastic shares rise on stronger-than-expected financial results
Enterprise search technology firm Elastic N.V. saw its share price rise in late trading after delivering stronger-than-expected fiscal fourth-quarter results. For the quarter ended April 30, Elastic reported a loss before costs such as stock compensation of $7.9 million, or 16 cents per share, doub…
May 19, 2022
Once frenemies, Elastic and AWS are now besties
It has been a frosty few years for Amazon and Elastic, but the two companies have emerged as the best of buddies.
March 04, 2022
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…
Elastic Blogs
August 11, 2022
Data to drive the end-to-end shopping journey
,The shopper of the future is here today. Customers want ultimate flexibility, reliability, and immediate gratification. They’ve become accustomed to zero friction in the buyer journey and associate their favorite brands as extensions of themselves.Data is essential to delivering on your brand promi…
August 11, 2022
I’m a former nation-state exploiter — here’s why I know Open Security is our best defense
,Not so long ago, I woke up every morning focused on one thing: finding and exploiting vulnerabilities.During my 10 years working for the U.S. National Security Agency (NSA), my single objective was to identify and exploit networks to collect foreign intelligence. I was fortunate to work alongside t…
August 10, 2022
Using search analytics to strengthen ecommerce solutions
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 $862.4 m.
What is Elastic revenue per employee?
Latest Elastic revenue per employee is $328.4 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.
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