Elastic (ESTC) Revenue & Revenue Breakdown

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Elastic Revenue Highlights

Latest Revenue (Y)

$1.27B

Latest Revenue (Q)

$365.36M

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
2024-10-31	$365.36M	5.16%
2024-07-31	$347.42M	3.71%
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 $365.36M in revenue during Q2 2025, up 5.16% compared to the previous quarter, and up 124.38% 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
Self Managed Subscription	$629.09M	$401.02M	$299.88M	-	-
Subscription	$1.18B	$984.76M	$798.77M	$567.34M	$392.17M
Saa S Self Managed	$547.52M	$166.32M	$92.29M	-	-
Professional Services	$90.72M	$84.23M	$63.60M	$41.15M	$35.45M
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	Oct 24	Jul 24	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
Professional Services	$24.55M	$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
Saa S Self Managed	$168.84M	$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	-	-	-	-	-
Subscription	$340.81M	$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
Self Managed Subscription	$171.97M	$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	-	-	-	-	-
Non-US	-	-	-	-	-	-	-	$115.44M	-	-	-	-	-	-	-	-	-	-	-	-
UNITED STATES	-	-	-	-	-	-	-	$159.13M	-	-	-	-	-	-	-	-	-	-	-	-
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	-	-	-
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

Elastic's latest quarterly revenue breakdown by segment (product or service), as of Oct 24: Subscription (48.26%), Self Managed Subscription (24.35%), Saa S Self Managed (23.91%), and Professional Services (3.48%).

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	-	-	$798.77M	-	-
Subscription Self Managed And Saa S	-	-	$721.81M	-	-
Professional Services	-	-	$63.60M	-	-
License Self Managed	-	-	$76.96M	-	-

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	Oct 24	Jul 24	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
Non-US	$158.75M	$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	-
UNITED STATES	$206.61M	$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
Subscription	-	-	-	-	-	-	-	$255.61M	-	-	-	-	-	-	-	-	-	-	-	-
Self Managed Subscription	-	-	-	-	-	-	-	$144.87M	-	-	-	-	-	-	-	-	-	-	-	-
Professional Services	-	-	-	-	-	-	-	$18.95M	-	-	-	-	-	-	-	-	-	-	-	-
Saa S Self Managed	-	-	-	-	-	-	-	$110.74M	-	-	-	-	-	-	-	-	-	-	-	-
Non Us	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$49.99M

Elastic's latest quarterly revenue breakdown by geography, as of Oct 24: UNITED STATES (56.55%), and Non-US (43.45%).

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	$1.22B
RNG	RingCentral	$2.20B	$608.76M
HUBS	HubSpot	$2.17B	$669.72M
DDOG	Datadog	$2.13B	$690.02M
DT	Dynatrace	$1.43B	$399.22M
BILL	Bill.com	$1.29B	$358.45M
ESTC	Elastic	$1.27B	$365.36M
SMAR	Smartsheet	$958.34M	$286.87M
CXM	Sprinklr	$732.36M	$200.69M
MNDY	monday	$729.70M	$216.91M
ASAN	Asana	$652.50M	$183.88M
GTLB	GitLab	$579.91M	$196.05M
FSLY	Fastly	$505.99M	$137.21M
PD	PagerDuty	$430.70M	$118.95M
DOMO	Domo	$318.99M	$79.76M
AMPL	Amplitude	$276.28M	$75.22M

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 Q2 2025 was $365.36M, a 5.16% increase from the previous quarter (Q1 2025), and a 17.63% increase year-over-year (Q2 2024). The company'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). ESTC'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).

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 Self Managed Subscription, Subscription, Saa S Self Managed, and Professional Services. Self Managed Subscription generated $629.09M in revenue, accounting 25.74% of the company's total revenue, up 56.87% year-over-year. Subscription generated $1.18B in revenue, accounting 48.14% of the company's total revenue, up 19.48% 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. Professional Services generated $90.72M in revenue, accounting 3.71% of the company's total revenue, up 7.70% 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.