Elastic (ESTC) Revenue & Revenue Breakdown
Elastic Revenue Highlights
Latest Revenue (Y)
$1.27B
Latest Revenue (Q)
$335.00M
Main Segment (Y)
Subscription
Main Geography (Y)
UNITED STATES
Elastic Revenue by Period
Elastic Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2024-04-30 | $1.27B | 18.55% |
| 2023-04-30 | $1.07B | 23.96% |
| 2022-04-30 | $862.37M | 41.72% |
| 2021-04-30 | $608.49M | 42.30% |
| 2020-04-30 | $427.62M | 57.41% |
| 2019-04-30 | $271.65M | 69.85% |
| 2018-04-30 | $159.94M | 81.38% |
| 2017-04-30 | $88.18M | - |
Elastic generated $1.27B in revenue during NA 2024, up 18.55% compared to the previous quarter, and up 466.52% compared to the same period a year ago.
Elastic Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-04-30 | $335.00M | 2.15% |
| 2024-01-31 | $327.96M | 5.58% |
| 2023-10-31 | $310.61M | 5.74% |
| 2023-07-31 | $293.75M | 4.93% |
| 2023-04-30 | $279.94M | 1.96% |
| 2023-01-31 | $274.57M | 3.84% |
| 2022-10-31 | $264.40M | 5.73% |
| 2022-07-31 | $250.08M | 4.48% |
| 2022-04-30 | $239.35M | 6.88% |
| 2022-01-31 | $223.94M | 8.72% |
| 2021-10-31 | $205.98M | 6.67% |
| 2021-07-31 | $193.09M | 8.72% |
| 2021-04-30 | $177.61M | 13.04% |
| 2021-01-31 | $157.12M | 8.43% |
| 2020-10-31 | $144.89M | 12.43% |
| 2020-07-31 | $128.87M | 4.24% |
| 2020-04-30 | $123.62M | 9.23% |
| 2020-01-31 | $113.18M | 11.94% |
| 2019-10-31 | $101.11M | 12.70% |
| 2019-07-31 | $89.71M | 11.30% |
| 2019-04-30 | $80.60M | 13.78% |
| 2019-01-31 | $70.83M | 11.42% |
| 2018-10-31 | $63.58M | 12.24% |
| 2018-07-31 | $56.64M | 14.27% |
| 2018-04-30 | $49.57M | 18.93% |
| 2018-01-31 | $41.68M | 12.54% |
| 2017-10-31 | $37.04M | 17.05% |
| 2017-07-31 | $31.64M | - |
Elastic generated $335.00M in revenue during Q4 2024, up 2.15% compared to the previous quarter, and up 122.01% compared to the same period a year ago.
Elastic Revenue Breakdown
Elastic Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Apr 24 | Apr 23 | Apr 22 | Apr 21 | Apr 20 |
|---|---|---|---|---|---|
| Subscription | $1.18B | $984.76M | $798.77M | $567.34M | $392.17M |
| Professional Services | $90.72M | $84.23M | $63.60M | $41.15M | $35.45M |
| Saa S Self Managed | $547.52M | $166.32M | $92.29M | - | - |
| Self Managed Subscription | $629.09M | $401.02M | $299.88M | - | - |
| License Self Managed | - | - | $76.96M | $67.99M | $53.54M |
| Subscription Self Managed And Saa S | - | - | $721.81M | - | - |
| Subscription Self Managed | - | - | - | $333.03M | $246.34M |
Elastic's latest annual revenue breakdown by segment (product or service), as of Apr 24: Subscription (48.14%), Self Managed Subscription (25.74%), Saa S Self Managed (22.40%), and Professional Services (3.71%).
Quarterly Revenue by Product
| Product/Service | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Self Managed Subscription | $312.08M | $164.25M | $152.75M | $143.78M | $144.87M | $137.97M | $134.09M | $113.20M | $102.32M | $96.78M | $88.72M | $84.93M | $79.11M | $71.03M | $64.81M | - | - | - | - | - |
| Professional Services | $24.02M | $20.32M | $22.87M | $23.51M | $23.82M | $18.95M | $23.19M | $18.27M | $17.64M | $14.33M | $15.72M | $15.91M | $13.07M | $9.87M | $10.69M | $7.53M | $9.72M | $8.98M | $9.43M | $7.32M |
| Saa S Self Managed | $269.15M | $143.38M | $134.99M | $112.34M | $110.74M | $103.24M | $97.73M | $51.34M | $44.93M | $37.43M | $32.63M | $28.97M | $25.09M | $20.65M | $17.58M | - | - | - | - | - |
| Subscription | $310.98M | $307.63M | $287.74M | $270.25M | $256.12M | $255.61M | $241.21M | $231.81M | $221.71M | $209.61M | $190.26M | $177.19M | $164.54M | $147.25M | $134.21M | $121.34M | $113.90M | $104.20M | $91.68M | $82.39M |
| UNITED STATES | - | - | - | - | - | $159.13M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Non-US | - | - | - | - | - | $115.44M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Subscription Self Managed And Saa S | - | - | - | - | - | - | - | - | $199.21M | - | - | - | - | - | - | - | - | - | - | - |
| License Self Managed | - | - | - | - | - | - | - | - | $22.51M | $22.32M | $15.28M | $15.51M | $14.88M | $16.86M | $14.49M | $12.27M | $9.91M | - | - | - |
| Elastic Cloud | - | - | - | - | - | - | - | - | - | $80.40M | $69.03M | $61.53M | - | - | - | - | - | - | - | - |
| Other subscription | - | - | - | - | - | - | - | - | - | $129.21M | $121.23M | $115.66M | - | - | - | - | - | - | - | - |
| Subscription Self Managed | - | - | - | - | - | - | - | - | - | - | - | - | $90.88M | $87.04M | $81.27M | $73.84M | $68.07M | $64.61M | $58.76M | $54.91M |
Elastic's latest quarterly revenue breakdown by segment (product or service), as of Apr 24: Self Managed Subscription (34.06%), Subscription (33.94%), Saa S Self Managed (29.38%), and Professional Services (2.62%).
Elastic Revenue Breakdown by Country
Annual Revenue by Country
| Country | Apr 24 | Apr 23 | Apr 22 | Apr 21 | Apr 20 |
|---|---|---|---|---|---|
| Non-US | $536.83M | $442.30M | $380.79M | $276.72M | $185.97M |
| UNITED STATES | $730.49M | $626.69M | $481.59M | $331.77M | $241.65M |
| Subscription Self Managed And Saa S | - | - | $721.81M | - | - |
| Subscription | - | - | $798.77M | - | - |
| License Self Managed | - | - | $76.96M | - | - |
| Professional Services | - | - | $63.60M | - | - |
Elastic's latest annual revenue breakdown by geography, as of Apr 24: UNITED STATES (57.64%), and Non-US (42.36%).
Quarterly Revenue by Country
| Country | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-US | $141.90M | $141.78M | $129.64M | $123.51M | $117.44M | $115.44M | $104.71M | $104.71M | $102.25M | $98.11M | $90.47M | $89.95M | $81.03M | $73.96M | $64.65M | $57.08M | $51.63M | - | - | - |
| UNITED STATES | $193.10M | $186.18M | $180.98M | $170.24M | $162.50M | $159.13M | $159.69M | $145.37M | $137.11M | $125.83M | $115.51M | $103.14M | $96.58M | $83.15M | $80.24M | $71.79M | $71.99M | $63.20M | $57.50M | $48.96M |
| Professional Services | - | - | - | - | - | $18.95M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Subscription | - | - | - | - | - | $255.61M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Self Managed Subscription | - | - | - | - | - | $144.87M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Saa S Self Managed | - | - | - | - | - | $110.74M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Non Us | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $49.99M | $43.60M | $40.75M |
Elastic's latest quarterly revenue breakdown by geography, as of Apr 24: UNITED STATES (57.64%), and Non-US (42.36%).
Elastic Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| TEAM | Atlassian | $4.36B | $1.19B |
| CDNS | Cadence Design Systems | $4.09B | $1.06B |
| RNG | RingCentral | $2.20B | $592.91M |
| HUBS | HubSpot | $2.17B | $617.41M |
| DDOG | Datadog | $2.13B | $645.28M |
| DT | Dynatrace | $1.43B | $380.85M |
| BILL | Bill.com | $1.29B | $323.03M |
| ESTC | Elastic | $1.27B | $335.00M |
| SMAR | Smartsheet | $958.34M | $262.98M |
| CXM | Sprinklr | $732.36M | $195.96M |
| MNDY | monday | $729.70M | $216.91M |
| ASAN | Asana | $652.50M | $172.45M |
| GTLB | GitLab | $579.91M | $169.19M |
| FSLY | Fastly | $505.99M | $132.37M |
| PD | PagerDuty | $430.70M | $111.17M |
| DOMO | Domo | $318.99M | $80.10M |
| AMPL | Amplitude | $276.28M | $73.30M |
ESTC Revenue FAQ
What is Elastic’s yearly revenue?
Elastic's yearly revenue for 2024 was $1.27B, representing an increase of 18.55% compared to 2023. The company's yearly revenue for 2023 was $1.07B, representing an increase of 23.96% compared to 2022. ESTC's yearly revenue for 2022 was $862.37M, representing an increase of 41.72% compared to 2021.
What is Elastic’s quarterly revenue?
Elastic's quarterly revenue for Q4 2024 was $335M, a 2.15% increase from the previous quarter (Q3 2024), and a 19.67% increase year-over-year (Q4 2023). The company's quarterly revenue for Q3 2024 was $327.96M, a 5.58% increase from the previous quarter (Q2 2024), and a 19.45% increase year-over-year (Q3 2023). ESTC's quarterly revenue for Q2 2024 was $310.61M, a 5.74% increase from the previous quarter (Q1 2024), and a 17.48% increase year-over-year (Q2 2023).
What is Elastic’s revenue growth rate?
Elastic's revenue growth rate for the last 3 years (2022-2024) was 46.96%, and for the last 5 years (2020-2024) was 196.37%.
What are Elastic’s revenue streams?
Elastic's revenue streams in r 24 are Subscription, Professional Services, Saa S Self Managed, and Self Managed Subscription. Subscription generated $1.18B in revenue, accounting 48.14% of the company's total revenue, up 19.48% year-over-year. Professional Services generated $90.72M in revenue, accounting 3.71% of the company's total revenue, up 7.70% year-over-year. Saa S Self Managed generated $547.52M in revenue, accounting 22.40% of the company's total revenue, up 229.20% year-over-year. Self Managed Subscription generated $629.09M in revenue, accounting 25.74% of the company's total revenue, up 56.87% year-over-year.
What is Elastic’s main source of revenue?
For the fiscal year ending Apr 24, the largest source of revenue of Elastic was Subscription. This segment made a revenue of $1.18B, representing 48.14% of the company's total revenue.