Elastic NV (ESTC) financial statements
Elastic NV reported revenue of $1.7B in fiscal 2026, up 39.3% a year over 9 years.
Net income was $368M and the operating margin -1.9%, against -53.5% in 2017.
Free cash flow was $322M, and the company returned $340M in net buybacks.
The diluted share count rose 253% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Elastic NV's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $88M | $160M | $272M | $428M | $608M | $862M | $1.1B | $1.3B | $1.5B | $1.7B |
| Cost of revenue | $20M | $41M | $78M | $123M | $161M | $232M | $297M | $330M | $380M | $416M |
| Gross profit | $68M | $119M | $194M | $305M | $447M | $630M | $772M | $937M | $1.1B | $1.3B |
| Research and development | $33M | $56M | $101M | $165M | $199M | $274M | $313M | $342M | $366M | $452M |
| Selling, general and admin | $83M | $112M | $194M | $311M | $378M | $530M | $647M | $720M | $792M | $905M |
| Operating income | -$47M | -$48M | -$101M | -$171M | -$129M | -$174M | -$219M | -$130M | -$55M | -$33M |
| Interest expense | — | — | — | $0 | $185,000 | $21M | $25M | $26M | $25M | $25M |
| Pre-tax income | -$48M | -$49M | -$98M | -$169M | -$122M | -$198M | -$217M | -$123M | -$32M | -$2M |
| Income tax | $4M | $3M | $4M | -$2M | $8M | $6M | $19M | -$184M | $77M | -$370M |
| Net income | -$52M | -$53M | -$102M | -$167M | -$129M | -$204M | -$236M | $62M | -$108M | $368M |
| EPS (diluted) | -$1.71 | -$1.65 | -$1.86 | -$2.12 | -$1.48 | -$2.20 | -$2.47 | $0.59 | -$1.04 | $3.43 |
| Diluted shares | 30M | 32M | 55M | 79M | 87M | 93M | 96M | 104M | 104M | 107M |
| Gross margin | 77.5% | 74.5% | 71.3% | 71.3% | 73.5% | 73.1% | 72.3% | 74.0% | 74.4% | 76.1% |
| Operating margin | -53.5% | -30.0% | -37.3% | -40.0% | -21.3% | -20.1% | -20.5% | -10.3% | -3.7% | -1.9% |
| Net margin | -58.9% | -33.0% | -37.7% | -39.1% | -21.3% | -23.6% | -22.1% | 4.9% | -7.3% | 21.1% |
Balance sheet
Fiscal years, from Elastic NV's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | — | $51M | $298M | $297M | $401M | $861M | $644M | $1.1B | $1.4B | $1.4B |
| Receivables | — | $53M | $81M | $129M | $160M | $215M | $261M | $323M | $376M | $464M |
| Total current assets | — | $132M | $430M | $480M | $637M | $1.2B | $1.3B | $1.5B | $1.9B | $2.0B |
| Property, plant and equipment | — | $5M | $5M | $8M | $9M | $7M | $5M | $5M | $7M | $9M |
| Goodwill | $12M | $19M | $20M | $198M | $199M | $304M | $304M | $319M | $319M | $356M |
| Total assets | — | $183M | $486M | $804M | $973M | $1.6B | $1.7B | $2.2B | $2.6B | $3.2B |
| Total current liabilities | — | $125M | $204M | $333M | $450M | $593M | $717M | $871M | $1.0B | $1.2B |
| Total liabilities | — | $136M | $223M | $390M | $522M | $1.2B | $1.3B | $1.5B | $1.7B | $1.9B |
| Shareholders' equity | -$129M | -$154M | $263M | $414M | $451M | $415M | $399M | $738M | $927M | $1.3B |
| Net debt | — | -$51M | -$298M | -$297M | -$401M | -$861M | -$644M | -$540M | -$728M | -$769M |
Cash flow
Fiscal years, from Elastic NV's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$16M | -$21M | -$24M | -$31M | $23M | $6M | $36M | $149M | $266M | $327M |
| Capital spending | $843,000 | $3M | $3M | $5M | $4M | $7M | $3M | $3M | $4M | $5M |
| Free cash flow | -$17M | -$24M | -$27M | -$36M | $18M | -$2M | $33M | $145M | $262M | $322M |
| Stock-based compensation | $19M | $13M | $40M | $60M | $94M | $2M | $204M | $239M | $258M | $298M |
| Share buybacks (net) | -$25,000 | -$344,000 | $0 | $0 | — | — | — | $0 | $0 | -$340M |
| Free cash flow margin | -19.2% | -14.9% | -10.1% | -8.3% | 3.0% | -0.2% | 3.1% | 11.5% | 17.7% | 18.5% |
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Open ESTC in InvestinglyQuestions
What was Elastic NV's revenue in 2026?
$1.7B in fiscal 2026, from its 10-K filing.
How much free cash flow does Elastic NV generate?
$322M in fiscal 2026 (operating cash flow minus capital spending).
From Elastic NV's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.