NYSE$ESTC
Elastic NV · Q3 2025 earnings
Q3 2025 earnings · · After market close · Investor relations
Briefing
Elastic reported strong revenue growth in Q3 2025, with significant contributions from its cloud business and improved profitability.
Elastic delivered a solid Q3 FY25 performance, achieving total revenue of $382 million, reflecting a 17% year-over-year increase. Elastic Cloud revenue grew by 26% year-over-year, highlighting strong demand for its cloud offerings. The company reported a GAAP operating loss of $5 million, while non-GAAP operating income reached $64 million. Free cash flow improved to $99 million, underscoring strong cash generation.
- Total revenue grew 17% YoY to $382 million.
- Elastic Cloud revenue increased 26% YoY to $180 million.
- Non-GAAP EPS was $0.63, exceeding expectations.
- Free cash flow surged to $99 million, reflecting strong cash management.
Headline financials
Revenue & EPS history
Elastic · Revenue · Quarterly
$382M
Revenue by segment
Elastic · $311M total across 3 segments · Q2 2024
- Other Subscription$153M+10.7%49.2%
- Elastic Cloud$135M+30.8%43.5%
- Services$22.9M-1.4%7.4%
Forward guidance
Elastic expects continued revenue growth in Q4 FY25, with steady demand for its cloud offerings driving momentum.
Tailwinds
- Total revenue projected between $379M and $381M.
- Non-GAAP operating margin expected to be 13.5%.
- Non-GAAP EPS guidance set between $0.36 and $0.37.
- Fiscal 2025 revenue forecasted at $1.474B to $1.476B.
- Continued growth driven by AI and cloud-based solutions.
Headwinds
- Macroeconomic uncertainties could impact IT spending.
- Currency fluctuations may affect reported revenue.
- Competition in cloud and AI sectors remains high.
- Operational expenses may increase due to expansion plans.
- Ongoing market volatility poses a potential risk to profitability.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2025
+0.2%
Avg return
Earnings day
-0.4%
Avg return
5 days after
-2.5%
Avg return
30 days after
40%
12 / 30 earnings
Positive
+38.4%
Q2 2024
Best reaction
-26.0%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | — | — | — | |
| Q3 2026 | -15.4% | -15.8% | -21.2% | |
| Q2 2026 | -15.6% | -14.8% | -6.9% | |
| Q1 2026 | -3.1% | -1.7% | -2.1% | |
| Q4 2025 | -12.1% | -8.9% | -10.1% | |
| Q3 2025 | +14.9% | +8.2% | -9.5% | |
| Q2 2025 | +22.0% | +25.9% | +17.0% | |
| Q1 2025 | -26.0% | -28.9% | -24.9% | |
| Q4 2024 | +1.7% | +0.7% | +11.3% | |
| Q3 2024 | -9.8% | -16.4% | -22.7% | |
| Q2 2024 | +38.4% | +45.2% | +41.5% | |
| Q1 2024 | +22.2% | +23.5% | +33.7% | |
| Q4 2023 | -0.7% | -1.9% | -11.9% | |
| Q3 2023 | +10.7% | +6.3% | +0.3% | |
| Q2 2023 | -3.1% | -11.3% | -12.7% | |
| Q1 2023 | -0.2% | +1.9% | -18.1% | |
| Q4 2022 | +19.4% | +20.2% | +15.5% | |
| Q3 2022 | -6.8% | -11.2% | +8.0% | |
| Q2 2022 | -23.9% | -28.9% | -20.8% | |
| Q1 2022 | -3.4% | +0.3% | +4.9% | |
| Q4 2021 | +9.7% | +12.0% | +23.8% | |
| Q3 2021 | -14.0% | -5.3% | -27.5% | |
| Q2 2021 | +11.8% | +17.1% | +21.0% | |
| Q1 2021 | +6.5% | +4.1% | +2.0% | |
| Q4 2020 | -3.3% | -7.4% | +6.6% | |
| Q3 2020 | +8.7% | +10.0% | -18.9% | |
| Q2 2020 | -17.4% | -19.9% | -15.0% | |
| Q1 2020 | +11.5% | +10.4% | +4.2% | |
| Q4 2019 | -1.7% | -2.7% | -3.9% | |
| Q3 2019 | -6.9% | -7.3% | -17.8% | |
| Q2 2019 | -8.1% | -15.7% | -21.9% | |
| Q1 2019 | — | — | — | |
| Q4 2018 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — |
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