Elastic N.V.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.74B | $1.48B | $1.27B | $1.07B | $862.4M | $608.5M | $427.6M | $271.7M |
| Cost of Revenue | $416.3M | $379.9M | $330.1M | $296.6M | $232.2M | $161.1M | $122.7M | $78.0M |
| Gross Profit | $1.32B | $1.10B | $937.2M | $772.4M | $630.2M | $447.4M | $304.9M | $193.6M |
| Gross Margin | 76.1% | 74.4% | 74.0% | 72.3% | 73.1% | 73.5% | 71.3% | 71.3% |
| Operating Expenses | ||||||||
| Research & Development | $451.9M | $365.8M | $342.0M | $313.5M | $273.8M | $199.2M | $165.4M | $101.2M |
| SG&A Expense | $194.4M | $175.2M | $160.6M | $143.2M | $123.4M | $103.8M | $91.6M | $46.5M |
| Operating Income | $-33.5M | $-54.9M | $-129.9M | $-219.2M | $-173.7M | $-129.5M | $-171.1M | $-101.4M |
| Operating Margin | -1.9% | -3.7% | -10.3% | -20.5% | -20.1% | -21.3% | -40.0% | -37.3% |
| Interest Expense | $25.1M | $25.3M | $26.1M | $25.2M | $20.7M | $185.0K | $0 | — |
| Pretax Income | $-2.3M | $-31.6M | $-122.8M | $-216.9M | $-197.8M | $-121.7M | $-169.1M | $-97.9M |
| Income Tax Expense | $-370.1M | $76.5M | $-184.5M | $19.3M | $6.1M | $7.7M | $-2.0M | $4.4M |
| Net Income | $367.8M | $-108.1M | $61.7M | $-236.2M | $-203.8M | $-129.4M | $-167.2M | $-102.3M |
| Net Margin | 21.1% | -7.3% | 4.9% | -22.1% | -23.6% | -21.3% | -39.1% | -37.7% |
| EPS (Basic) | $3.49 | $-1.04 | $0.62 | $-2.47 | $-2.20 | $-1.48 | $-2.12 | $-1.86 |
| EPS (Diluted) | $3.43 | $-1.04 | $0.59 | $-2.47 | $-2.20 | $-1.48 | $-2.12 | $-1.86 |
| Shares Outstanding (Basic) | 105.3M | 103.7M | 99.6M | 95.7M | 92.5M | 87.2M | 78.8M | 75.4M |
| Shares Outstanding (Diluted) | 107.2M | 103.7M | 104.0M | 95.7M | 92.5M | 87.2M | 78.8M | 75.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |