Elastic N.V. (NYSE: ESTC)
Software - Infrastructure · Amsterdam, Netherlands · Founded 2012
- Market capitalization: $10.0 billion
- Annual revenue: $1.48 billion
- Net income: $-0.11 billion
- Employees: 4,400
- Sector: Technology
- Headquarters: Amsterdam, Netherlands
- Founded: 2012
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Elastic NV is the company behind Elasticsearch, one of the most widely used open-source search and analytics engines in the world. The Elastic Stack (Elasticsearch, Kibana, Beats, and Logstash) powers search, observability, and security use cases for thousands of organizations. Elastic's technology underpins the search functionality of companies ranging from Uber to Netflix to Wikipedia.
Elastic earns revenue from cloud-hosted subscriptions (Elastic Cloud) and self-managed software licenses with paid support tiers. The open-source core drives adoption, while premium features and cloud hosting convert free users into paying customers.
Shay Banon created Elasticsearch in 2010 as an open-source project, and the company was formally incorporated in 2012 in Amsterdam. Elastic went public on the NYSE in 2018. A controversial license change in 2021 from Apache 2.0 to the Server Side Public License was designed to prevent cloud providers like AWS from offering Elasticsearch as a managed service without contributing back.
| Market Capitalization | $10.0B |
| Annual Revenue | $1.48B |
| Net Income | $-0.11B |
| Profit Margin | -7% |
| Revenue per Employee | $336364K |
| Stock Exchange | NYSE |
| Ticker Symbol | ESTC |
Financial data is approximate and based on most recent annual filings.
Elasticsearch processes trillions of data points daily across its global user base. The license change sparked AWS to create OpenSearch, a fork of Elasticsearch—one of the most significant open-source community splits in recent years.
Elastic's pivot to cloud and the AI-driven demand for vector search and retrieval-augmented generation (RAG) give it a compelling growth narrative. The AWS fork remains a competitive threat, but Elastic's innovation pace and community loyalty have proven more durable than skeptics expected.
What is Elastic N.V.'s revenue?
Elastic N.V. generates approximately $1.48 billion in annual revenue.
How many employees does Elastic N.V. have?
Elastic N.V. employs approximately 4,400 people worldwide.
What is Elastic N.V.'s market cap?
Elastic N.V. (ESTC) has a market capitalization of approximately $10.0 billion on the NYSE.
When was Elastic N.V. founded?
Elastic N.V. was founded in 2012 and is headquartered in Amsterdam, Netherlands.
Who is the CEO of Elastic N.V.?
Ash Kulkarni is the current CEO of Elastic N.V..
What is Elastic N.V.'s website?
Elastic N.V.'s official website is elastic.co.
| CEO | Ash Kulkarni |
| Sector | Technology |
| Industry | Software - Infrastructure |
| Founded | 2012 |
| HQ | Amsterdam |
| Country | Netherlands |
| Website | elastic.co |
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