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ESTC · NYSE

Elastic N.V.

Software - Application · Netherlands

USD 86.96-2.3% daily changeQuote 2026-09-18 · USD
Market cap (USD)
US$9.13B
Trailing P/E
24.85x
Forward P/E
21.99x
Quarterly revenue growth
15.1%
Trailing net margin
20.8%
Indicated dividend yield

Snapshot 2026-09-20 · Latest financial period 2026-07-31 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-11-19 (provider estimate, not issuer-confirmed).

Company background

Elastic N.V., a search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally. It primarily offers Elasticsearch Platform, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization on that data. The company also provides Elastic search product a distributed, real-time vector database and analytics engine and data store for all types of data, including textual, numerical, geospatial, structured, and unstructured; Kibana, a user interface, management, and configuration interface for the platforms; Search & AI, a platform with retrieval algorithms and the ability to integrate with large language models; and elastic security, a security solution that provides unified protection to prevent, detect, and respond to threats. In addition, it offers Elastic Observability, a solution that brings unified datastore, including Logs analytics to search, analyze, and visualize petabytes of structured and unstructured logs; infrastructure monitoring to gain visibility across cloud, on-premises, Kubernetes, serverless, and hosts; Application Performance Monitoring to support native production-grade; digital experience monitoring; large language models; and Elastic Cloud, a cloud-based subscription offering such as Elastic Cloud Hosted and Elastic Cloud Serverless. The company was incorporated in 2012 and is based in Amsterdam, the Netherlands.

Company website

Q1 FY2027

Go beyond the headline.

Elastic (ESTC) Q1 FY2027 Earnings: The $2.9M Raise That Added $1.7B

Published 2026-08-30

Comparable businesses

ESTC peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricESTCElastic N.V.Snapshot 2026-09-20Financial period: 2026-07-31DTDynatrace, Inc.Snapshot 2026-09-20Financial period: 2026-06-30DDOGDatadog, Inc.Snapshot 2026-09-20Financial period: 2026-06-30
Market capMarket value, converted to USDUS$9.13BUS$16.00BUS$82.56B
Forward P/EProvider forward earnings estimate21.99x24.02x77.32x
EV / EBITDAEnterprise value / trailing EBITDA51.42x951.19x
Revenue growthLatest quarter vs prior-year quarter15.1%16.2%35.6%
Operating marginLatest reported quarter-0.6%12.9%0.7%
Free cash flow yieldTrailing cash flow / market cap5.5%3.4%1.3%
Net debt / EBITDANet debt / trailing EBITDA-3.26x-44.73x
Debt / equityTotal debt / positive book equity0.46x0.06x0.29x
Trailing P/ETrailing twelve-month earnings24.85x110.28x450.82x
Price / bookPrice / positive book equity per share7.05x6.53x18.90x
EV / salesEnterprise value / trailing revenue4.59x7.15x19.88x
Earnings growthLatest quarter vs prior-year quarter-24.9%1,498.5%
Gross marginTrailing twelve months75.6%81.6%79.5%
Net marginTrailing twelve months20.8%7.2%4.5%
Return on equityProvider trailing return; positive equity only33.1%5.9%4.7%
Free cash flow marginTrailing free cash flow / revenue28.0%26.1%26.5%
Dividend yieldIndicated annual dividend / price
Earnings payoutProvider trailing dividend payout0.0%0.0%0.0%
Current ratioCurrent assets / current liabilities1.81x1.21x3.21x
BetaProvider historical market sensitivity1.040.741.49

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

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Valuation & price history

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for ESTC

All available reporting periods
Q1 FY20272026-08-30
Q4 FY20262026-05-28

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.