Elastic is a search company built on a free and open heritage. Anyone can use Elastic products and solutions to get started quickly and frictionlessly. Elastic offers three solutions for enterprise search, observability, and security, built on one technology stack that can be deployed anywhere. From finding documents to monitoring infrastructure to hunting for threats, Elastic makes data usable in real time and at scale. Thousands of organizations worldwide, including Cisco, eBay, Goldman Sachs, Microsoft, The Mayo Clinic, NASA, The New York Times, Wikipedia, and Verizon, use Elastic to power mission-critical systems. Founded in 2012, Elastic is a distributed company with Elasticians around the globe and is publicly traded on the NYSE.
Company profile
Ticker
ESTC
Exchange
Website
CEO
Ashutosh Kulkarni
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Microsoft • Oracle • Mobileye Global • Gen Digital • Activision Blizzard • BlackBerry • Vmware • Adobe • Ceridian HCM Holding • McAfee ...
Former names
Elasticsearch Global BV
SEC CIK
Corporate docs
Subsidiaries
Build Security Ltd. • Build Security, Inc. • Cmd Watch Security (US), Corp. • Cyclops Acquisition Corp. • Elastic International B.V. • Elastic Technologies (India) Private Limited • Elastic Technologies (Israel) Ltd. • Elastic Worldwide B.V. • Elasticsearch AB • Elasticsearch B.C. Ltd. ...
ESTC stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
3 Mar 23
8-K
Elastic Reports Third Quarter Fiscal 2023 Financial Results
2 Mar 23
S-8
Registration of securities for employees
2 Dec 22
10-Q
2023 Q2
Quarterly report
2 Dec 22
8-K
Elastic Reports Second Quarter Fiscal 2023 Financial Results
30 Nov 22
8-K
Departure of Directors or Certain Officers
6 Oct 22
10-Q
2023 Q1
Quarterly report
29 Aug 22
DEF 14A
Definitive proxy
26 Aug 22
8-K
Elastic Reports Strong First Quarter Fiscal 2023 Financial Results
25 Aug 22
PRE 14A
Preliminary proxy
16 Aug 22
Transcripts
ESTC
Earnings call transcript
2023 Q2
1 Dec 22
ESTC
Earnings call transcript
2023 Q1
25 Aug 22
ESTC
Earnings call transcript
2022 Q4
2 Jun 22
ESTC
Earnings call transcript
2022 Q3
4 Mar 22
ESTC
Earnings call transcript
2023 Q3
2 Mar 22
ESTC
Earnings call transcript
2022 Q2
2 Dec 21
ESTC
Earnings call transcript
2022 Q1
26 Aug 21
ESTC
Earnings call transcript
2021 Q4
3 Jun 21
ESTC
Earnings call transcript
2021 Q3
25 Feb 21
ESTC
Earnings call transcript
2021 Q2
2 Dec 20
Latest ownership filings
4
Ken Exner
13 Mar 23
4
Ashutosh Kulkarni
13 Mar 23
4
Carolyn Herzog
13 Mar 23
4
Janesh Moorjani
13 Mar 23
SC 13G/A
Schuurman Steven
14 Feb 23
SC 13G/A
Banon Shay
14 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
SC 13G/A
FMR LLC
9 Feb 23
SC 13G
BlackRock Inc.
7 Feb 23
SC 13G
BAILLIE GIFFORD & CO
23 Jan 23
Financial summary
| Quarter (USD) | Jan 23 | Oct 22 | Jul 22 | Apr 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Apr 22 | Apr 21 | Apr 20 | Apr 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 880.05 mm | 880.05 mm | 880.05 mm | 880.05 mm | 880.05 mm | 880.05 mm |
| Cash burn (monthly) | (no burn) | (no burn) | 23.38 mm | 21.23 mm | (no burn) | (no burn) |
| Cash used (since last report) | n/a | n/a | 46.05 mm | 41.81 mm | n/a | n/a |
| Cash remaining | n/a | n/a | 834.00 mm | 838.24 mm | n/a | n/a |
| Runway (months of cash) | n/a | n/a | 35.7 | 39.5 | n/a | n/a |
Institutional ownership, Q4 2022
87.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 318 |
| Opened positions | 63 |
| Closed positions | 71 |
| Increased positions | 100 |
| Reduced positions | 119 |
| 13F shares | Current |
|---|---|
| Total value | 3.88 tn |
| Total shares | 84.78 mm |
| Total puts | 501.30 k |
| Total calls | 919.92 k |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| Schuurman Steven | 9.20 mm | $0.00 |
| Vanguard | 7.56 mm | $389.16 bn |
| FMR | 6.15 mm | $316.65 bn |
| Baillie Gifford & Co | 5.91 mm | $304.38 bn |
| BLK Blackrock | 5.45 mm | $280.92 bn |
| Sylebra Capital | 4.57 mm | $235.13 bn |
| MS Morgan Stanley | 4.41 mm | $227.29 bn |
| FIL | 3.83 mm | $197.25 bn |
| JPM JPMorgan Chase & Co. | 2.41 mm | $124.34 bn |
| Deutsche Bank AG - Registered Shares | 2.29 mm | $117.82 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 9 Mar 23 | Ken Exner | Ordinary Shares | Sell | Dispose S | No | No | 58.2826 | 2,064 | 120.30 k | 123,117 |
| 9 Mar 23 | Ashutosh Kulkarni | Ordinary Shares | Sell | Dispose S | No | No | 58.2814 | 12,098 | 705.09 k | 343,037 |
| 9 Mar 23 | Carolyn Herzog | Ordinary Shares | Sell | Dispose S | No | No | 58.2823 | 2,153 | 125.48 k | 87,995 |
| 9 Mar 23 | Janesh Moorjani | Ordinary Shares | Sell | Dispose S | No | No | 58.2804 | 3,956 | 230.56 k | 178,235 |
| 9 Dec 22 | Ashutosh Kulkarni | Ordinary Shares | Sell | Dispose S | No | No | 53.6016 | 3,619 | 193.98 k | 355,135 |
| 8 Dec 22 | Ashutosh Kulkarni | Ordinary Shares | Grant | Acquire A | No | No | 0 | 232,644 | 0.00 | 358,754 |
News
JP Morgan Maintains Overweight on Elastic, Lowers Price Target to $67
3 Mar 23
Wells Fargo Maintains Underweight on Elastic, Raises Price Target to $55
3 Mar 23
Rosenblatt Maintains Buy on Elastic, Lowers Price Target to $85
3 Mar 23
Elastic Q3 Adj. EPS $0.17 Beats $0.05 Estimate, Sales $274.57M Beat $272.95M Estimate
2 Mar 23
Citigroup Maintains Buy on Elastic, Lowers Price Target to $75
2 Mar 23