NYSE$ESTC

Elastic NV · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Elastic reported Q4 2025, revenue of $1.48B, net loss of $108.1M, diluted EPS of $-1.04.

For Q4 2025, Elastic reported revenue of $1.48B, a net loss of $108.1M, diluted EPS was $-1.04. Management discusses operating trends, capital, and sector risks in the quarterly filing.

  • Revenue $1.48B.
  • Net loss $108.1M.
  • Diluted EPS $-1.04.
  • Elastic MD&A highlights liquidity, capital, and core trends.
  • Segment and macro factors shape year-over-year comparisons.

Headline financials

Total Revenue

$1.48B

Previous: $335M+342.8%
EPS (adj)

-$1.04

Previous: $0.21-595.2%
Net Expansion Rate

112.0%

No prior period
Customers >100K ACV

1.5K

No prior period
Non-GAAP Operating Margin

15.3%

No prior period
Adjusted Free Cash Flow

$84.9M

No prior period
Adjusted FCF Margin

22.0%

No prior period
Capital Expenditures

-$2.12M

Previous: -$845K-150.5%
Net Income

-$108M

Previous: -$41.1M-163.1%
Operating Income

-$12M

Previous: -$45.7M+73.7%
Gross Profit

$291M

Previous: $247M+17.6%
R&D Expense

$94.7M

Previous: $94M+0.8%

Revenue & EPS history

Elastic · Revenue · Quarterly

$1.48B

Q4 2025+342.8%vs Q4 2024
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Elastic · $311M total across 3 segments · Q2 2024

  • Other Subscription
    $153M+10.7%
  • Elastic Cloud
    $135M+30.8%
  • Services
    $22.9M-1.4%

Forward guidance

Management discusses operational priorities, capital allocation, and sector risks in the quarterly filing.

Tailwinds

  • Execution on core operating metrics cited in MD&A.
  • Balance sheet liquidity and covenant headroom.
  • Strategic investments supporting long-term growth.

Headwinds

  • Macro demand and input-cost volatility.
  • Regulatory or competitive pressures in the sector.
  • One-time items affecting GAAP comparability.

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 Q4 2025

Historical avgQ4 2025

+0.6%

Avg return

Earnings day

-0.0%

Avg return

5 days after

-2.5%

Avg return

30 days after

42%

13 / 31 earnings

Positive

+38.4%

Q2 2024

Best reaction

-26.0%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+12.6%+11.5%
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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