ESTC Q2 2024 Earnings — Elastic N.V. Revenue & Financial Results | Market Cap Arena

ESTCElastic N.V.

$5B

Q2 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$311M+17.5% YoY

Gross Profit

$231M74.2% margin

Operating Income

-$22M-6.9% margin

Net Income

-$25M-8.0% margin

EPS (Diluted)

$-0.25

QoQ Revenue Growth

+5.7%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$3M

Stock-Based Comp.

$56M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.3B

Stockholders' Equity

$455M

Cash & Equivalents

$590M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$311M	$264M	+17.5%
Gross Profit	$231M	$190M	+21.6%
Operating Income	-$22M	-$49M	+56.1%
Net Income	-$25M	-$47M	+47.6%

Revenue Segments

Subscription

$288M93%

Professional Services

$23M7%

Geographic Segments

UNITED STATES

$181M58%

Non-US

$130M42%