Elastic N.V. income statement
In fiscal 2026, Elastic N.V. reported revenue of $1.74bn, up 17.3% on the year before, operating income of −$33.5m (a -1.9% margin) and net income of $368m, or $3.43 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Apr 2017 | 2018Apr 2018 | 2019Apr 2019 | 2020Apr 2020 | 2021Apr 2021 | 2022Apr 2022 | 2023Apr 2023 | 2024Apr 2024 | 2025Apr 2025 | 2026Apr 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 88 | 160 | 272 | 428 | 608 | 862 | 1,069 | 1,267 | 1,483 | 1,739 | 1,802 |
| Cost of revenue | 20 | 41 | 78 | 123 | 161 | 232 | 297 | 330 | 380 | 416 | 441 |
| Gross profit | 68 | 119 | 194 | 305 | 447 | 630 | 772 | 937 | 1,103 | 1,323 | 1,361 |
| Research and development | 33 | 56 | 101 | 165 | 199 | 274 | 313 | 342 | 366 | 452 | 455 |
| Selling and marketing | 57 | 83 | 147 | 219 | 274 | 407 | 504 | 560 | 617 | 710 | 735 |
| General and administrative | 26 | 29 | 47 | 92 | 104 | 123 | 143 | 161 | 175 | 194 | 198 |
| Operating income | −47 | −48 | −101 | −171 | −129 | −174 | −219 | −130 | −55 | −33 | −48 |
| Interest expense | — | — | — | 0 | 0 | 21 | 25 | 26 | 25 | 25 | 25 |
| Income before tax | −48 | −49 | −98 | −169 | −122 | −198 | −217 | −123 | −32 | −2 | −20 |
| Income tax | 4 | 3 | 4 | −2 | 8 | 6 | 19 | −184 | 77 | −370 | −395 |
| Net income | −52 | −53 | −102 | −167 | −129 | −204 | −236 | 62 | −108 | 368 | 376 |
| Diluted EPS | −$1.71 | −$1.65 | −$1.86 | −$2.12 | −$1.48 | −$2.20 | −$2.47 | $0.59 | −$1.04 | $3.43 | $3.51 |
| Diluted shares (average) | 30m | 32m | 55m | 79m | 87m | 93m | 96m | 104m | 104m | 107m | 107m |
| EBITDA | −44 | −43 | −96 | −168 | −126 | −170 | −216 | −126 | −52 | −30 | −45 |
| Quarter | 2025 Q2Oct 2024 | 2025 Q3Jan 2025 | 2025 Q4Apr 2025 | 2026 Q1Jul 2025 | 2026 Q2Oct 2025 | 2026 Q3Jan 2026 | 2026 Q4Apr 2026 | 2027 Q1Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 365 | 382 | 388 | 415 | 423 | 450 | 451 | 478 |
| Cost of revenue | 93 | 97 | 98 | 97 | 102 | 106 | 111 | 122 |
| Gross profit | 272 | 285 | 291 | 319 | 321 | 343 | 340 | 356 |
| Research and development | 88 | 94 | 95 | 109 | 108 | 114 | 120 | 112 |
| Selling and marketing | 144 | 154 | 162 | 174 | 174 | 177 | 186 | 199 |
| General and administrative | 44 | 42 | 46 | 45 | 48 | 52 | 50 | 48 |
| Operating income | −4 | −5 | −12 | −9 | −8 | 1 | −16 | −24 |
| Interest expense | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Income before tax | −2 | 4 | −5 | −0 | 1 | 6 | −10 | −17 |
| Income tax | 24 | 21 | 12 | 25 | 53 | −2 | −446 | −1 |
| Net income | −25 | −17 | −16 | −25 | −51 | 8 | 436 | −17 |
| Diluted EPS | −$0.25 | −$0.16 | −$0.15 | −$0.23 | −$0.48 | $0.07 | $4.07 | −$0.16 |
| EBITDA | −4 | −4 | −11 | −9 | −8 | 1 | −16 | −23 |
Compare with peers
- ACI Worldwide, Inc. income statement
- Paylocity Holding Corp income statement
- Samsara Inc. income statement
- Pegasystems Inc income statement
- Full Truck Alliance Co. Ltd. income statement
Head to head: ACIW vs ESTCESTC vs PCTYESTC vs IOT
More: Application Software stocks compared, Technology sector, rankings of US companies