profit from every $100 of sales.
$0$100
Elastic
$90.26+4.86% today
+0.3% in 1 year
1-year low $43.301-year high $106.58
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2026.
0%20% a year
You pay $25.77 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Elastic sold, what it kept, and what it did with the cash.
Sales went from $1.07 billion in 2023 to $1.74 billion in 2026, with $368 million of profit last year.
SalesProfit
Elastic handed back more cash to shareholders than it generated last year.
Buybacks $340M
Free cash flow 2026$322M
Bought back its own shares$340M
Paid as dividends–
Cash vs. debt$769M vs. $592M
Elastic vs. similar companies
Elastic grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Elastic | 25.8× · Fair price | ||
 SAP | 34.1× · Expensive | ||
 Quhuo | No profit yet | ||
 Shopify | 158.9× · Very expensive | ||
 Salesforce | 23.7× · Fair price |
AI analysis
An AI analyst reads Elastic's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 608 | 862 | 1,069 | 1,267 | 1,483 | 1,739 | |
| 447 | 630 | 772 | 937 | 1,103 | 1,323 | |
| -129 | -174 | -188 | -125 | -55 | -33 | |
| -104 | -157 | -171 | -79 | 6 | 35 | |
| -129 | -204 | -236 | 62 | -108 | 368 | |
| -1.48 | -2.20 | -2.47 | 0.59 | -1.04 | 3.43 | |
| 73.5% | 73.1% | 72.3% | 74.0% | 74.4% | 76.1% | |
| -21.3% | -20.1% | -17.6% | -9.9% | -3.7% | -1.9% | |
| -21.3% | -23.6% | -22.1% | 4.9% | -7.3% | 21.1% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Total assets | 973 | 1,643 | 1,743 | 2,243 | 2,593 | 3,153 |
| Cash | 401 | 861 | 644 | 540 | 728 | 769 |
| Total debt | 28 | 594 | 594 | 594 | 595 | 592 |
| Total liabilities | 522 | 1,227 | 1,345 | 1,504 | 1,666 | 1,876 |
| 451 | 415 | 399 | 738 | 927 | 1,277 | |
| 87 | 93 | 96 | 104 | 104 | 107 | |
| -20.0% | -13.9% | -15.3% | -5.7% | -0.3% | 1.0% | |
| -28.7% | -49.1% | -59.2% | 8.4% | -11.7% | 28.8% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 23 | 6 | 36 | 149 | 266 | 327 | |
| 4 | 7 | 3 | 3 | 4 | 5 | |
| 19 | -2 | 33 | 145 | 262 | 322 | |
| Dividends paid | – | – | – | – | – | – |
| – | – | – | 0 | 0 | 340 | |
| 3 | 141 | 204 | 239 | 258 | 298 |
Valuation
- 24.9×
- 30.7×
- –
- 5.3×
- 5.3×
- 28.5×
- 259.4×
- 3.5%
- 4.0%
- 0.0%
Profitability
- 76.1%
- -1.9%
- 21.1%
- 3.2%
- 273.8%
- -8.7%
- 37.4%
- 11.7%
- -1.7%
- 26.0%
Growth
- +23.4%
- –
- +22.9%
- –
- +3.3%
Financial health
- -5.1×
- 0.02
- 0.7%
- -0.5×
- 1.68
- 1.68
- 0.55
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 18%of 972
Top 44%of 722
Top 21%of 978
Top 43%of 980
What analysts expect
- Average price target
- $84.38
- Range
- $49.00 – $115.00
- 3 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Feb 26, 2026 | 0.73 | 0.64 | +14.1% |
| Nov 20, 2025 | 0.64 | 0.58 | +11.1% |
| Aug 28, 2025 | 0.60 | 0.42 | +43.3% |
| May 29, 2025 | 0.47 | 0.37 | +27.3% |
| Feb 27, 2025 | 0.63 | 0.47 | +33.8% |
| Nov 21, 2024 | 0.59 | 0.38 | +55.3% |
| Aug 29, 2024 | 0.35 | 0.26 | +36.2% |
| May 30, 2024 | 0.21 | 0.20 | +7.1% |
News
How Elastic Stock Bounced 48.3% Higher Last MonthYahoo Finance · Sep 7, 2026Why Elastic Stock Snapped Back TodayYahoo Finance · Aug 29, 2026Marvell, Nvidia, PayPal, Elastic, Affirm, Solstice, and More Stocks That Explain Today’s MarketYahoo Finance · Aug 28, 2026Health Catalyst, GitLab, Elastic, and Marqeta Shares Plummet, What You Need To KnowYahoo Finance · Aug 18, 2026The newest story we have is from Sep 7, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
45No pass
Benjamin Graham
41No pass
Philip Fisher
67Pass
Peter Lynch
100Pass
Joel Greenblatt
32No pass
Charlie Munger
52No pass
Terry Smith
53No pass
Questions about Elastic
Is Elastic a good stock to buy?
A strong, very profitable business at a fair price. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Elastic AI analysis
What does Elastic do?
Elastic N.V., a search company, delivers technology solutions designed to run in public or private clouds in multi-cloud environments. It is in Software - Application, based in Amsterdam, Netherlands.
Does Elastic pay a dividend?
No. Elastic does not pay a dividend at the moment; in 2026 it returned $340 million to shareholders by buying back its own shares.
Is Elastic stock halal?
Yes. Elastic passes our halal screen: its business is permitted and its debt is 6% of its market value, under the 30% limit. How we check
How has Elastic stock done over the past year?
Up 0.3% over the past twelve months, to $90.26. It traded between $43.30 and $106.58 and is 15.3% below its high.
Who are Elastic's competitors?
The largest listed companies in the same industry are SAP, Quhuo, Shopify and Salesforce. The peers table on this page compares their profit, growth and price with Elastic's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.