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 | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
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 $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
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 159.9m | 271.7m | 427.6m | 608.5m |
Cost of goods sold | (40.7m) | (72.5m) | (113.1m) | (149.5m) |
Gross profit | 119.2m | 199.2m | 314.5m | 459.0m |
R&D expense | (55.6m) | (101.2m) | (165.4m) | (199.2m) |
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 56.6m | (70.8m) | 191.1m | 89.7m | 101.1m | 113.2m | 128.9m | 144.9m | 157.1m | 193.1m | 206.0m |
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) | 139.3m | 64.7m | 74.4m | 85.0m | 96.8m | 112.2m | 115.1m | 146.4m | 155.6m |
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
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 50.9m | 298.0m | 297.1m | 400.8m |
Accounts Receivable | 53.2m | 81.3m | 128.7m | 160.4m |
Prepaid Expenses | 10.3m | 20.6m | 24.1m | 27.9m |
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 51.1m | 318.6m | 305.8m | 315.2m | 305.2m | 294.1m | 350.4m | 349.0m | 393.1m | 991.3m | 876.1m |
Accounts Receivable | 43.5m | 54.5m | 54.5m | 57.4m | 78.9m | 72.6m | 87.3m | 132.5m | 120.0m | 110.8m | 157.8m |
Prepaid Expenses | 9.8m | 9.4m | 12.3m | 21.1m | 23.9m | 23.1m | 25.5m | 22.1m | 19.4m | 33.2m | 25.2m |
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | (52.7m) | (102.3m) | (167.2m) | (129.4m) |
Depreciation and Amortization | 5.1m | 5.7m | 12.9m | 17.2m |
Accounts Payable | (23.0k) | 2.2m | 6.0m | (4.8m) |
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 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 | 1.5m | 7.4m | 4.4m | 1.3m | 3.3m | 8.6m | 4.3m | 8.6m | 12.9m | 4.5m | 9.3m |
Accounts Payable | 3.2m | 4.5m | (366.0k) | 2.3m | 4.2m | 7.1m | (612.0k) | (2.6m) | (6.3m) | 10.7m | 10.5m |
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: 65.9% from SELF-MANAGED SUBSCRIPTION, 27.3% from SAAS and 6.8% from PROFESSIONAL SERVICES
Elastic Cybersecurity Score
Elastic Environment, Social & Governance (ESG) Ratings
Elastic Online and Social Media Presence
62.05k Twitter followers
Elastic has 62.05k Twitter Followers. The number of followers has increased 0.2% month over month and increased 1% quarter over quarter
Elastic's Trends
Twitter Engagement Stats for @Elastic
9k
Tweets
156
Following
62k
Followers
20
Tweets last 30 days
15.3
Avg. likes per Tweet
100%
Tweets with engagement
Elastic Company Culture
Overall Culture
A+
84/100
CEO Rating
A+
90/100
Compensation
A+
85/100
Diversity
A
82/100
Elastic News and Updates
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…
January 12, 2022
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.
December 27, 2021
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.
October 14, 2021
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…
Elastic Blogs
May 20, 2022
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…
May 19, 2022
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…
May 18, 2022
A peek behind the BPFDoor
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.
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