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Elastic N.V. ESTC AI

Technology · Software - Application · Netherlands
https://www.elastic.co

Elastic N.V., a search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally. It primarily offers Elastic's Search AI Platform, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization on that data. The company also provides Elastic search product a distributed, real-time vector database and analytics engine and data store for all types of data, including textual, numerical, geospatial, structured, and unstructured; Kibana, a user interface, management, and configuration interface for the platforms; Elasticsearch search platform, a platform with retrieval algorithms and the ability to integrate with large language models; and elastic security, a security solution that provides unified protection to prevent, detect, and respond to threats. In addition, it offers Elastic Observability, a solution that enables unified analysis, including Logs analytics to search and analyze petabytes of structured and unstructured logs; infrastructure monitoring to gain visibility across cloud, on-premises, Kubernetes, serverless, and hosts; Application Performance Monitoring to stream native production-grade; digital experience monitoring; and large language models. The company was incorporated in 2012 and is based in Amsterdam, the Netherlands.

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$64.70
-20.00% 1Y

Market & Price

Market Cap
$6.70B
Current Price
$64.70
High / Low (52W)
$94.47 / $43.30
Beta
0.89

Valuation

Stock P/E
18.86
Industry PE
32.74
Forward P/E
17.76
PEG Ratio
1.37
Book Value
$7.59
Price to Book
8.52
P/S
3.85
EV/EBITDA
-642.37
Dividend Yield
-

Profitability & Returns

ROCE
-0.40%
ROE
33.38%
ROA
-0.69%
Profit Margin
21.14%
Op Margin
-3.52%
EPS (Latest Qtr)
$4.14
EPS (TTM)
$3.43

Balance Sheet & Liquidity

Debt/Equity
0.46
Quick Ratio
1.52
Current Ratio
1.68
Debt
$591.56M
Total Assets
$2.59B
Current Assets
$1.93B
Working Capital
$922.75M

Ownership

Promoter Holding
12.25%
Chg in Prom Hold
-0.15%
FII / Inst Holding
88.64%
Chg in FII Hold
-1.06%

Financial Snapshot

Enterprise Value
$12.78B
Total Revenue (TTM)
$1.74B
EBITDA
$-19.89M
Free Cash Flow
$461.71M
Operating Cash Flow
$326.89M
Shares Outstanding
103.50M
Gross Margin
76.07%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
19.81%
Profit 5Y
15.65%
Revenue (YoY)
16.00%
Earnings (YoY)
-

PROS

  • Strong return on equity of 33.4%.
  • Excellent profit margin of 21.1%.
  • Compounding revenue at 19.8% over 5 years.
  • Profit CAGR of 15.7% over 5 years.
  • Generates positive free cash flow.

CONS

  • Trading 31.5% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).
  • RSI at 76 suggests overbought conditions.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 ESTC Elastic N.V. AI 64.70 18.86 $6.70B - -0.40% 33.38% 19.81% 15.65%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
Ad space

Quarterly Results

Figures in USD.

Metric Oct 2017Jan 2018Jul 2018Oct 2018Jan 2019Jul 2019Oct 2019Jan 2020Jul 2020Oct 2020Jan 2021Jul 2021Oct 2021Jan 2022Jul 2022Oct 2022Jan 2023Jul 2023Oct 2023Jan 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Oct 2025Jan 2026Apr 2026
Revenue 37.04M41.68M56.64M63.58M70.83M89.71M101.11M113.18M128.87M144.89M157.12M193.09M205.98M223.94M250.08M264.40M274.57M293.75M310.61M327.96M347.42M365.36M382.08M388.43M415.29M423.48M449.88M-
Cost of Revenue ----------------------97.15M97.78M96.75M102.03M106.44M-
Gross Profit 28.08M30.91M41.09M44.99M50.41M63.46M72.34M79.78M94.04M106.45M115.15M143.43M152.10M162.66M177.10M189.64M199.36M216.28M230.52M243.31M255.66M272.18M284.93M290.65M318.54M321.45M343.44M-
Operating Expenses ----------------------289.57M302.67M327.98M329.69M342.83M-
Operating Income -7.13M-12.46M-18.41M-27.07M-23.79M-42.30M-51.96M-42.27M-29.52M-28.42M-34.46M-31.03M-37.17M-45.85M-60.64M-49.03M-69.35M-36.25M-21.54M-26.40M-33.84M-4.43M-4.64M-12.02M-9.44M-8.24M611.00K-
EBITDA ----------------------12.83M3.43M8.66M10.49M15.83M-
Interest Expense ----------------------6.47M5.84M6.35M6.29M6.25M-
Pretax Income ----------------------4.07M-4.70M-9.00K1.31M6.17M-
Tax Provision ----------------------21.13M11.68M24.59M52.59M-1.59M-
Net Income -8.03M-13.33M-18.58M-27.54M-21.35M-41.77M-49.97M-44.28M-19.00M-29.16M-37.97M-34.49M-47.02M-56.73M-69.55M-47.30M-72.57M-48.51M-24.80M176.12M-49.23M-25.45M-17.06M-16.38M-24.60M-51.28M7.75M-
Diluted EPS ------------0.38---0.74--0.76-0.50-0.251.69-0.48-0.25--0.16-0.23-0.480.074.14
R&D Expense 12.18M15.09M18.98M25.33M25.85M35.18M38.48M46.12M45.68M46.69M51.40M59.38M63.76M71.75M78.65M75.57M77.47M80.69M80.11M87.20M89.33M88.16M93.60M-109.12M108.15M114.39M-

Profit & Loss (Annual)

Figures in USD.

Metric Apr 2017Apr 2018Apr 2019Apr 2020Apr 2021Apr 2022Apr 2023Apr 2024Apr 2025
Revenue 88.18M159.94M271.65M427.62M608.49M862.37M1.07B1.27B1.48B
Cost of Revenue -----232.19M296.63M330.08M379.87M
Gross Profit 68.33M119.19M193.64M304.93M447.44M630.18M772.36M937.24M1.10B
Operating Expenses -----803.86M960.24M1.06B1.16B
Operating Income -47.17M-47.99M-101.36M-171.10M-129.48M-173.68M-187.88M-124.98M-54.70M
EBITDA ------157.34M-171.49M-78.62M6.05M
Interest Expense -----20.72M25.16M26.13M25.31M
Pretax Income ------197.79M-216.88M-122.76M-31.57M
Tax Provision -----6.06M19.28M-184.48M76.55M
Net Income -51.97M-52.73M-102.30M-167.17M-129.43M-203.85M-236.16M61.72M-108.11M
Diluted EPS ----2.12-1.48-2.20-2.470.59-1.04
R&D Expense 32.60M55.64M101.17M165.37M199.20M273.76M313.45M341.95M365.76M

Compounded Sales Growth

5 Years:19.81%
1 Year:16.00%

Compounded Profit Growth

5 Years:15.65%
1 Year:-

Stock Price Performance

1 Year:-20.00%
6 Months:-6.95%
3 Months:+24.26%
1 Month:+36.50%

Balance Sheet (Annual)

Figures in USD.

Metric Apr 2016Apr 2017Apr 2018Apr 2019Apr 2020Apr 2021Jul 2021Apr 2022Apr 2023Apr 2024Apr 2025
Total Assets --183.01M485.74M803.91M973.17M-1.64B1.74B2.24B2.59B
Current Assets -------1.16B1.27B1.53B1.93B
Cash & Equivalents --50.94M298.00M297.08M400.81M-860.95M644.17M540.40M727.54M
Inventory -----------
Receivables -------215.23M260.92M323.01M375.61M
Total Liabilities --135.62M222.73M390.26M522.34M-1.23B1.34B1.50B1.67B
Current Liabilities --125.11M203.58M333.07M450.01M-593.33M716.62M871.09M1.01B
Long Term Debt -----0565.70M566.52M567.54M568.61M569.73M
Total Debt -------594.22M594.23M593.70M595.01M
Total Equity -102.90M-128.54M-153.53M263.01M413.65M450.83M-415.43M398.90M738.18M927.23M
Shares Outstanding -------94.21M97.37M101.74M105.57M

Cash Flows (Annual)

Figures in USD.

Metric Apr 2017Apr 2018Apr 2019Apr 2020Apr 2021Apr 2022Apr 2023Apr 2024Apr 2025
Operating Cash Flow -16.11M-20.82M-23.94M-30.56M22.55M5.67M35.66M148.76M266.17M
Investing Cash Flow -20.33M8.33M-8.28M-29.19M-1.52M-127.27M-272.95M-287.96M-118.67M
Financing Cash Flow 59.76M3.43M281.79M58.54M77.26M602.13M17.47M40.05M40.95M
Capital Expenditure -843.00K-2.97M-3.45M-5.06M-3.91M-7.42M-2.68M-3.45M-4.34M
Free Cash Flow -16.95M-23.79M-27.38M-35.63M18.63M-1.75M32.98M145.31M261.82M
Net Change in Cash -----480.53M-219.82M-99.14M188.45M
Share Buybacks 25.00K344.00K00-----

Ratios (Annual)

Figures in %.

Metric Apr 2017Apr 2018Apr 2019Apr 2020Apr 2021Apr 2022Apr 2023Apr 2024Apr 2025
Gross Margin % 77.5%74.5%71.3%71.3%73.5%73.1%72.3%74.0%74.4%
Operating Margin % -53.5%-30.0%-37.3%-40.0%-21.3%-20.1%-17.6%-9.9%-3.7%
Net Margin % -58.9%-33.0%-37.7%-39.1%-21.3%-23.6%-22.1%4.9%-7.3%
ROE % 40.4%34.3%-38.9%-40.4%-28.7%-49.1%-59.2%8.4%-11.7%
ROCE % --82.9%-35.9%-36.3%-24.7%-16.5%-18.3%-9.1%-3.5%

Shareholding Pattern

Insiders
12.25%
Institutions
88.64%
Public Float
101.02%

Top Institutional Holders

#Holder% HeldSharesValue
1 AQR Capital Management, LLC 7.30% 7.55M $488.60M
2 Blackrock Inc. 6.68% 6.91M $447.12M
3 Pictet Asset Management Holding SA 6.27% 6.49M $420.08M
4 Vanguard Portfolio Management LLC 5.34% 5.53M $357.61M
5 Vanguard Capital Management LLC 3.93% 4.07M $263.10M
6 Shaw D.E. & Co., Inc. 3.35% 3.46M $224.01M
7 FIL LTD 3.26% 3.38M $218.55M
8 First Trust Advisors LP 2.54% 2.63M $170.01M
9 Alyeska Investment Group, L.p. 2.28% 2.36M $152.58M
10 Freestone Grove Partners LP 2.19% 2.26M $146.53M

Analyst View

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