Elastic (ESTC) Revenue & Revenue Breakdown


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Elastic Revenue Highlights


Latest Revenue (Y)

$1.27B

Latest Revenue (Q)

$347.42M

Main Segment (Y)

Subscription

Main Geography (Y)

UNITED STATES

Elastic Revenue by Period


Elastic Revenue by Year

DateRevenueChange
2024-04-30$1.27B18.55%
2023-04-30$1.07B23.96%
2022-04-30$862.37M41.72%
2021-04-30$608.49M42.30%
2020-04-30$427.62M57.41%
2019-04-30$271.65M69.85%
2018-04-30$159.94M81.38%
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

DateRevenueChange
2024-07-31$347.42M3.71%
2024-04-30$335.00M2.15%
2024-01-31$327.96M5.58%
2023-10-31$310.61M5.74%
2023-07-31$293.75M4.93%
2023-04-30$279.94M1.96%
2023-01-31$274.57M3.84%
2022-10-31$264.40M5.73%
2022-07-31$250.08M4.48%
2022-04-30$239.35M6.88%
2022-01-31$223.94M8.72%
2021-10-31$205.98M6.67%
2021-07-31$193.09M8.72%
2021-04-30$177.61M13.04%
2021-01-31$157.12M8.43%
2020-10-31$144.89M12.43%
2020-07-31$128.87M4.24%
2020-04-30$123.62M9.23%
2020-01-31$113.18M11.94%
2019-10-31$101.11M12.70%
2019-07-31$89.71M11.30%
2019-04-30$80.60M13.78%
2019-01-31$70.83M11.42%
2018-10-31$63.58M12.24%
2018-07-31$56.64M14.27%
2018-04-30$49.57M18.93%
2018-01-31$41.68M12.54%
2017-10-31$37.04M17.05%
2017-07-31$31.64M-

Elastic generated $347.42M in revenue during Q1 2025, up 3.71% compared to the previous quarter, and up 124.10% compared to the same period a year ago.

Elastic Revenue Breakdown


Elastic Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceApr 24Apr 23Apr 22Apr 21Apr 20
Self Managed Subscription$629.09M$401.02M$299.88M--
Professional Services$90.72M$84.23M$63.60M$41.15M$35.45M
Saa S Self Managed$547.52M$166.32M$92.29M--
Subscription$1.18B$984.76M$798.77M$567.34M$392.17M
Subscription Self Managed And Saa S--$721.81M--
License Self Managed--$76.96M$67.99M$53.54M
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/ServiceJul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
Subscription$323.77M$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
Self Managed Subscription$166.49M$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-----
Saa S Self Managed$157.28M$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-----
Professional Services$23.65M$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
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---
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

Elastic's latest quarterly revenue breakdown by segment (product or service), as of Jul 24: Subscription (48.24%), Self Managed Subscription (24.81%), Saa S Self Managed (23.43%), and Professional Services (3.52%).

Elastic Revenue Breakdown by Country

Annual Revenue by Country

CountryApr 24Apr 23Apr 22Apr 21Apr 20
UNITED STATES$730.49M$626.69M$481.59M$331.77M$241.65M
Non-US$536.83M$442.30M$380.79M$276.72M$185.97M
Subscription--$798.77M--
License Self Managed--$76.96M--
Subscription Self Managed And Saa S--$721.81M--
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

CountryJul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
UNITED STATES$198.29M$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
Non-US$149.13M$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--
Self Managed Subscription------$144.87M-------------
Subscription------$255.61M-------------
Saa S Self Managed------$110.74M-------------
Professional Services------$18.95M-------------
Non Us------------------$49.99M$43.60M

Elastic's latest quarterly revenue breakdown by geography, as of Jul 24: UNITED STATES (57.07%), and Non-US (42.93%).

Elastic Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
TEAMAtlassian$4.36B$1.19B
CDNSCadence Design Systems$4.09B$1.22B
RNGRingCentral$2.20B$592.91M
HUBSHubSpot$2.17B$617.41M
DDOGDatadog$2.13B$645.28M
DTDynatrace$1.43B$380.85M
BILLBill.com$1.29B$323.03M
ESTCElastic$1.27B$347.42M
SMARSmartsheet$958.34M$276.41M
CXMSprinklr$732.36M$197.21M
MNDYmonday$729.70M$216.91M
ASANAsana$652.50M$179.21M
GTLBGitLab$579.91M$182.58M
FSLYFastly$505.99M$132.37M
PDPagerDuty$430.70M$115.94M
DOMODomo$318.99M$78.41M
AMPLAmplitude$276.28M$73.30M

ESTC Revenue FAQ


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.

Elastic's quarterly revenue for Q1 2025 was $347.42M, a 3.71% increase from the previous quarter (Q4 2024), and a 18.27% increase year-over-year (Q1 2024). The company'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). ESTC'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).

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%.

Elastic's revenue streams in r 24 are Self Managed Subscription, Professional Services, Saa S Self Managed, and Subscription. Self Managed Subscription generated $629.09M in revenue, accounting 25.74% of the company's total revenue, up 56.87% 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. Subscription generated $1.18B in revenue, accounting 48.14% of the company's total revenue, up 19.48% year-over-year.

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.