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Elastic's revenue is $1.3 billion.

What is Elastic's revenue?

Elastic's annual revenue is $1.3B. Zippia's data science team found the following key financial metrics about Elastic after extensive research and analysis.
  • Elastic's revenue growth from 2018 to 2024 is 692.4%.
  • Elastic has 2,179 employees, and the revenue per employee ratio is $581,606.
  • Elastic's peak quarterly revenue was $382.1M in 2025(q3).
  • Elastic peak revenue was $1.3B in 2024.
  • Elastic annual revenue for 2023 was 1.1B, 23.96% growth from 2022.
  • Elastic annual revenue for 2024 was 1.3B, 18.55% growth from 2023.

On this page

Most recent quarter revenue
$382.1M (Q3'2025)
Company most recent quarter revenue
Peak revenue
$1.3B (2024)
Company peak revenue
Revenue / employee
$581,607
Company revenue / employee

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Most recent quarter revenue
$382.1M (Q3'2025)
Company most recent quarter revenue
Peak revenue
$1.3B (2024)
Company peak revenue
Revenue / employee
$581,607
Company revenue / employee

Elastic historical revenue

Elastic's peak revenue was $1.3B in 2024. The peak quarterly revenue was $382.1M in 2025(q3).

Elastic's revenue increased from $159.9m in 2018 to $1.3B currently. That's a 692.4% change in annual revenue.

Elastic annual revenue

$1B
$1B
$760M
$507M
$253M
$0
2019
2020
2021
2022
2023
2024

Elastic annual revenue over time

Fiscal year / yearElastic revenue
2018$159.9M
2019$271.7M
2020$427.6M
2021$608.5M
2022$862.4M
2023$1.1B
2024$1.3B

How accurately did Elastic's revenue projections match actual performance?

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Elastic annual growth

Elastic saw the greatest revenue growth in 2019, when revenue increased by 69.85%.

Elastic had the lowest revenue growth in 2023, when revenue changed by 23.96%.

Elastic annual growth rate over time

YearElastic growth
2019
70%
2020
57%
2021
42%
2022
42%
2023
24%
2024
19%

Elastic quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$382M
$306M
$229M
$153M
$76M
$0
2021
2022
2023
2024
2025

Elastic quarterly growth rate over time

YearQ1Q2Q3Q4
2019-$63.6M$70.8M$80.6M
2020$89.7M$101.1M$113.2M$123.6M
2021$128.9M$144.9M$157.1M$177.6M
2022$193.1M$206.0M$223.9M$239.4M
2023$250.1M$264.4M$274.6M$279.9M
2024$293.8M$310.6M$328.0M$335.0M
2025$347.4M$365.4M$382.1M-

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Is Elastic transparent about its revenue structure?

Elastic financial information

CEOHari Prasad
IndustrySoftware & Services
Company TypePublic
Employees Number2,179
Date Founded2010
HeadquartersMountain View, California
Number of Locations6
Revenue$1.3B
Net Income-$236,161,000
Gross Proft$937.2M (2024)
Tax Rate1.5%
Total Assets$1,743,482,000
TickerESTC

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Elastic financing

Elastic received early financing of $10.0M on 2012-11-08.

SeriesRound sizeDate
Series A$10M11/2012
Series B$24M02/2013
Series C$70M06/2014
Series D$58.0M07/2016

Elastic investors

InvestorsSecurity type
DCVCSeries A
BenchmarkSeries A
Rod JohnsonSeries A
Index VenturesSeries B
BenchmarkSeries B
SV AngelSeries B
New Enterprise AssociatesSeries C
BenchmarkSeries C
Index VenturesSeries C
New Enterprise AssociatesSeries D
BenchmarkSeries D

Elastic competitors

Elastic's top competitor, Tdk, earned an annual revenue of $1.4T.

Elastic's smallest competitor is Pinnacle Technologies, Inc. with revenue of $380.0K last year.

Elastic revenue FAQs

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Zippia gives an in-depth look into the details of Elastic, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Elastic. The employee data is based on information from people who have self-reported their past or current employments at Elastic. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Elastic. The data presented on this page does not represent the view of Elastic and its employees or that of Zippia.

Elastic may also be known as or be related to ELASTIC N.V., Elastic, Elasticsearch B.V. and Elasticsearch Inc.