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ESTC · NYSE · United States · Services-Prepackaged Software
In shortElastic N.V. is profitable, generates cash and holds more cash than debt, with revenue growing (+17.3% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -1.9% | 10/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 21.1% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 33.4% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -1.4% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.68× | 73/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.45× | 86/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -1.33× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.59 | 13/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 18.5% | 94/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.88× | 72/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 2 of 5 | 40/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 10.5% | 72/100 |
| Operating margin volatility | 8.8% | 29/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 17.6% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 862 | 1,069 | 1,267 | 1,483 | 1,739 |
| Cost of revenue | 232 | 297 | 330 | 380 | 416 |
| Gross profit | 630 | 772 | 937 | 1,103 | 1,323 |
| Research & development | 274 | 313 | 342 | 366 | 452 |
| Operating income | (174) | (219) | (130) | (55) | (33) |
| Interest expense | 21 | 25 | 26 | 25 | 25 |
| Pre-tax income | (198) | (217) | (123) | (32) | (2.3) |
| Income tax | 6.1 | 19 | (184) | 77 | (370) |
| Net income | (204) | (236) | 62 | (108) | 368 |
| Diluted EPS | −$2.20 | −$2.47 | $0.59 | −$1.04 | $3.43 |
| Diluted shares (millions) | 93 | 96 | 104 | 104 | 107 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
1.59 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jul 31, 2026 · Data updated Aug 28, 2026