Elastic N.V.
For the period ended Jul 31, 2025. Filed Aug 29, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jul 31, 2025 · Filed Aug 29, 2025
ESTC$87.25-3.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(in thousands, except share and per share data)
| Three Months Ended July 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenue | ||
| Subscription | $388,583 | $323,774 |
| Services | 26,705 | 23,646 |
| Total revenue | 415,288 | 347,420 |
| Cost of revenue | ||
| Subscription | 69,418 | 68,347 |
| Services | 27,328 | 23,410 |
| Total cost of revenue | 96,746 | 91,757 |
| Gross profit | 318,542 | 255,663 |
| Operating expenses | ||
| Research and development | 109,122 | 89,332 |
| Sales and marketing | 174,054 | 157,357 |
| General and administrative | 44,806 | 42,673 |
| Restructuring and other related charges | — | 139 |
| Total operating expenses | 327,982 | 289,501 |
| Operating loss | (9,440) | (33,838) |
| Other income, net | ||
| Interest expense | (6,351) | (6,526) |
| Other income, net | 15,782 | 11,208 |
| Loss before income taxes | (9) | (29,156) |
| Provision for income taxes | 24,594 | 20,071 |
| Net loss | $(24,603) | $(49,227) |
| Net loss per share attributable to ordinary shareholders, basic and diluted | $(0.23) | $(0.48) |
| Weighted-average shares used to compute net loss per share attributable to ordinary shareholders, basic and diluted | 105,961,879 | 102,284,435 |
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