ESTC Q1 2023 Earnings — Elastic N.V. Revenue & Financial Results | Market Cap Arena

ESTCElastic N.V.

$5B

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$250M+29.5% YoY

Gross Profit

$177M70.8% margin

Operating Income

-$61M-24.2% margin

Net Income

-$70M-27.8% margin

EPS (Diluted)

$-0.74

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$10M

Stock-Based Comp.

$47M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.2B

Stockholders' Equity

$394M

Cash & Equivalents

$849M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$250M	$193M	+29.5%
Gross Profit	$177M	$143M	+23.5%
Operating Income	-$61M	-$31M	-95.4%
Net Income	-$70M	-$34M	-101.7%

Revenue Segments

Subscription

$232M93%

Professional Services

$18M7%

Geographic Segments

UNITED STATES

$145M58%

Non-US

$105M42%