ESTC Q2 2023 Earnings — Elastic N.V. Revenue & Financial Results | Market Cap Arena

ESTCElastic N.V.

$5B

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$264M+28.4% YoY

Gross Profit

$190M71.7% margin

Operating Income

-$49M-18.5% margin

Net Income

-$47M-17.9% margin

EPS (Diluted)

$-0.50

QoQ Revenue Growth

+5.7%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$10M

Stock-Based Comp.

$47M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.2B

Stockholders' Equity

$392M

Cash & Equivalents

$856M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$264M	$206M	+28.4%
Gross Profit	$190M	$152M	+24.7%
Operating Income	-$49M	-$37M	-31.9%
Net Income	-$47M	-$47M	-0.6%

Revenue Segments

Subscription

$241M91%

Professional Services

$23M9%

Geographic Segments

UNITED STATES

$160M60%

Non-US

$105M40%