Elastic

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
Overall CultureA+

Latest Updates

Employees (est.) (Oct 2021)2,626(+15%)
Job Openings225
Revenue (FY, 2022)$862.4 M(+42%)
Share Price (Aug 2022)$86.8
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 $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
USDFY, 2019FY, 2020FY, 2021FY, 2022

Revenue

271.7m427.6m608.5m862.4m

Revenue growth, %

70%57%42%

Cost of goods sold

78.0m122.7m161.1m232.2m

Gross profit

193.6m304.9m447.4m630.2m
Quarterly
USDQ3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Revenue

70.8m89.7m101.1m113.2m128.9m144.9m157.1m193.1m206.0m20.1m

Cost of goods sold

20.4m26.3m28.8m33.4m34.8m38.4m42.0m49.7m53.9m501.0k

Gross profit

50.4m63.5m72.3m79.8m94.0m106.4m115.1m143.4m152.1m

Gross profit Margin, %

71%71%72%70%73%73%73%74%74%
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2022

Cash

298.0m297.1m400.8m

Accounts Receivable

81.3m128.7m160.4m

Prepaid Expenses

30.9m32.6m37.0m

Current Assets

429.6m480.2m637.2m
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2022

Net Income

(102.3m)(167.2m)(129.4m)(203.8m)

Depreciation and Amortization

5.7m12.9m17.2m19.7m

Accounts Payable

2.2m6.0m(4.8m)21.0m

Cash From Operating Activities

(23.9m)(30.6m)22.5m5.7m
Quarterly
USDQ3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 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

4.4m1.3m3.3m8.6m4.3m8.6m12.9m4.5m9.3m14.6m

Accounts Payable

(366.0k)2.3m4.2m7.1m(612.0k)(2.6m)(6.3m)10.7m10.5m14.5m

Cash From Operating Activities

(4.1m)(1.7m)(1.4m)(24.6m)22.0m4.7m24.1m14.1m3.7m8.7m
USDQ3, 2019

Revenue/Employee

56.8k

Financial Leverage

1.7 x
Show all financial metrics

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

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: 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

Human Capital Metrics

Source: www.sec.gov
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Elastic Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

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

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Elastic Company Culture

  • Overall Culture

    A+

    84/100

  • CEO Rating

    A+

    88/100

  • Compensation

    A+

    87/100

  • Diversity

    B+

    79/100

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Elastic News and Updates

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.

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...

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.

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…

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.

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…
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Elastic Blogs

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…

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…
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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 $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.