To the full analysis
Elastic stock: growth
ESTCElastic reported $1.74B in revenue for fiscal 2026, up 17.3% on the prior year, up 23.4% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
39.3%
per year from 2017 to 2026, per share 31.3%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2017 | |
|---|---|---|
| Revenue | 23.4% | 39.3% |
| Revenue per share | 18.8% | 31.3% |
| Earnings | no data | no data |
| Earnings per share | no data | no data |
| Free cash flow | 77.4% | no data |
| Free cash flow per share | 70.8% | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2017 | $88.18M | −$51.97M | −$16.95M |
| 2018 | $159.94M | −$52.73M | −$23.79M |
| 2019 | $271.65M | −$102.3M | −$27.38M |
| 2020 | $427.62M | −$167.17M | −$35.63M |
| 2021 | $608.49M | −$129.43M | $18.32M |
| 2022 | $862.37M | −$203.85M | −$1.75M |
| 2023 | $1.07B | −$236.16M | $32.98M |
| 2024 | $1.27B | $61.72M | $145.31M |
| 2025 | $1.48B | −$108.11M | $261.82M |
| 2026 | $1.74B | $367.77M | $321.8M |
Revenue by segment
How Elastic N.V. makes its money and how that has shifted. Names are as the company reports them.
- Subscription94%
- Professional Services6%
Figures as a table
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Subscription | $248.25M | $392.17M | $567.34M | $798.77M | $984.76M | $1.18B | $1.38B | $1.63B | 94% |
| Professional Services | $23.4M | $35.45M | $41.15M | $63.6M | $84.23M | $90.72M | $98.78M | $104.88M | 6% |
| Total revenue | $271.65M | $427.62M | $608.49M | $862.37M | $1.07B | $1.27B | $1.48B | $1.74B | 100% |
Revenue by region
Where Elastic N.V. generates its revenue.
- United States54%
- Outside the US46%
Figures as a table
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| United States | $155.94M | $241.65M | $331.77M | $481.59M | $626.69M | $730.49M | $836.23M | $947.31M | 54.5% |
| Outside the US | $115.72M | $185.97M | $276.72M | $380.79M | $442.3M | $536.83M | $647.07M | $792.02M | 45.5% |
| Total revenue | $271.65M | $427.62M | $608.49M | $862.37M | $1.07B | $1.27B | $1.48B | $1.74B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 30 Apr 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 18 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.