Elastic NV Net Income

ESTC Stock  USD 61.58  3.58  6.17%   
As of the 27th of February, Elastic NV shows the Standard Deviation of 3.56, mean deviation of 2.57, and Coefficient Of Variation of (964.19). Elastic NV technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Elastic NV Total Revenue

1.79 Billion

Elastic NV's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Elastic NV's valuation are provided below:
Gross Profit
1.2 B
Profit Margin
(0.07)
Market Capitalization
6.2 B
Enterprise Value Revenue
5.4199
Revenue
1.6 B
We have found one hundred twenty available fundamental signals for Elastic NV, which can be analyzed and compared to other ratios and to its rivals. Investors should ensure to verify all of Elastic NV's prevailing performance against the performance from 2010 to 2026 to make sure the company is sustainable down the road. As of February 27, 2026, Market Cap is expected to decline to about 5.7 B. In addition to that, Enterprise Value is expected to decline to about 5.6 B This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Loss-97.3 M-102.2 M
Net Loss-212.5 M-223.2 M
Net Loss-97.3 M-102.2 M
Net Loss(0.94)(0.99)
Net Income Per E B T 3.08  3.24 
The current year's Net Income Per E B T is expected to grow to 3.24, whereas Net Loss is forecasted to decline to (102.2 M).
  
Build AI portfolio with Elastic Stock
Analyzing Elastic NV's Net Income over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income has evolved provides context for assessing Elastic NV's current valuation and future prospects.

Latest Elastic NV's Net Income Growth Pattern

Below is the plot of the Net Income of Elastic NV over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Elastic NV financial statement analysis. It represents the amount of money remaining after all of Elastic NV operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Elastic NV's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Elastic NV's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (108.11 M)10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Elastic Net Income Regression Statistics

Arithmetic Mean(88,311,019)
Geometric Mean82,520,497
Coefficient Of Variation(78.55)
Mean Deviation51,766,609
Median(52,727,000)
Standard Deviation69,372,592
Sample Variance4812.6T
Range297.9M
R-Value(0.35)
Mean Square Error4512.6T
R-Squared0.12
Significance0.17
Slope(4,777,370)
Total Sum of Squares77000.9T

Elastic Net Income History

2026-102.2 M
2025-97.3 M
2024-108.1 M
202361.7 M
2022-236.2 M
2021-203.8 M
2020-129.4 M

Other Fundumenentals of Elastic NV

Elastic NV Net Income component correlations

Elastic Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Elastic NV is extremely important. It helps to project a fair market value of Elastic Stock properly, considering its historical fundamentals such as Net Income. Since Elastic NV's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Elastic NV's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Elastic NV's interrelated accounts and indicators.
Will Application Software sector continue expanding? Could Elastic diversify its offerings? Factors like these will boost the valuation of Elastic NV. Projected growth potential of Elastic fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Elastic NV data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
(1.02)
Revenue Per Share
15.266
Quarterly Revenue Growth
0.159
Return On Assets
(0.01)
Return On Equity
(0.13)
The market value of Elastic NV is measured differently than its book value, which is the value of Elastic that is recorded on the company's balance sheet. Investors also form their own opinion of Elastic NV's value that differs from its market value or its book value, called intrinsic value, which is Elastic NV's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Elastic NV's market value can be influenced by many factors that don't directly affect Elastic NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Elastic NV's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Elastic NV should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Elastic NV's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

Elastic NV 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Elastic NV's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Elastic NV.
0.00
11/29/2025
No Change 0.00  0.0 
In 2 months and 31 days
02/27/2026
0.00
If you would invest  0.00  in Elastic NV on November 29, 2025 and sell it all today you would earn a total of 0.00 from holding Elastic NV or generate 0.0% return on investment in Elastic NV over 90 days. Elastic NV is related to or competes with Shopify, Uber Technologies, Applovin Corp, Micron Technology, ServiceNow, International Business, and Cisco Systems. Elastic N.V., a search company, delivers technology solutions designed to run in public or private clouds in multi-cloud... More

Elastic NV Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Elastic NV's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Elastic NV upside and downside potential and time the market with a certain degree of confidence.

Elastic NV Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Elastic NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elastic NV's standard deviation. In reality, there are many statistical measures that can use Elastic NV historical prices to predict the future Elastic NV's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Elastic NV's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
58.6461.7664.88
Details
Intrinsic
Valuation
LowRealHigh
55.2473.4276.54
Details
Naive
Forecast
LowNextHigh
58.0461.1564.27
Details
30 Analysts
Consensus
LowTargetHigh
86.4995.04105.50
Details

Elastic NV February 27, 2026 Technical Indicators

Elastic NV Backtested Returns

Elastic NV secures Sharpe Ratio (or Efficiency) of -0.0581, which denotes the company had a -0.0581 % return per unit of standard deviation over the last 3 months. Elastic NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elastic NV's Coefficient Of Variation of (964.19), standard deviation of 3.56, and Mean Deviation of 2.57 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.42, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Elastic NV will likely underperform. At this point, Elastic NV has a negative expected return of -0.19%. Please make sure to confirm Elastic NV's standard deviation, kurtosis, relative strength index, as well as the relationship between the maximum drawdown and day median price , to decide if Elastic NV performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.39  

Poor reverse predictability

Elastic NV has poor reverse predictability. Overlapping area represents the amount of predictability between Elastic NV time series from 29th of November 2025 to 13th of January 2026 and 13th of January 2026 to 27th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Elastic NV price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Elastic NV price fluctuation can be explain by its past prices.
Correlation Coefficient-0.39
Spearman Rank Test-0.43
Residual Average0.0
Price Variance40.59
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Elastic Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(19.84 Million)

At present, Elastic NV's Accumulated Other Comprehensive Income is projected to decrease significantly based on the last few years of reporting.
Based on the recorded statements, Elastic NV reported net income of (108.11 Million). This is 120.06% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The net income for all United States stocks is 118.93% higher than that of the company.

Elastic Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elastic NV's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elastic NV could also be used in its relative valuation, which is a method of valuing Elastic NV by comparing valuation metrics of similar companies.
Elastic NV is currently under evaluation in net income category among its peers.

Elastic NV Current Valuation Drivers

We derive many important indicators used in calculating different scores of Elastic NV from analyzing Elastic NV's financial statements. These drivers represent accounts that assess Elastic NV's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Elastic NV's important valuation drivers and their relationship over time.
202120222023202420252026 (projected)
Market Cap10.5B7.0B5.4B10.2B9.2B5.7B
Enterprise Value10.1B6.8B5.4B10.2B9.2B5.6B

Elastic NV ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Elastic NV's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Elastic NV's managers, analysts, and investors.
Environmental
Governance
Social

Elastic NV Institutional Holders

Institutional Holdings refers to the ownership stake in Elastic NV that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Elastic NV's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Elastic NV's value.
Shares
Geode Capital Management, Llc2025-06-30
1.6 M
Two Sigma Advisers, Llc2025-06-30
1.6 M
Citadel Advisors Llc2025-06-30
1.5 M
Rgm Capital Llc2025-06-30
1.5 M
Millennium Management Llc2025-06-30
1.5 M
Two Sigma Investments Llc2025-06-30
1.4 M
Fmr Inc2025-06-30
1.3 M
Elco Management Co., Llc2025-06-30
1.3 M
D. E. Shaw & Co Lp2025-06-30
1.2 M
Vanguard Group Inc2025-06-30
9.5 M
Blackrock Inc2025-06-30
8.8 M

Elastic Fundamentals

About Elastic NV Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elastic NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elastic NV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elastic NV based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Elastic NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Elastic NV's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Elastic Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Elastic Nv Stock:
Check out
For information on how to trade Elastic Stock refer to our How to Trade Elastic Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Will Application Software sector continue expanding? Could Elastic diversify its offerings? Factors like these will boost the valuation of Elastic NV. Projected growth potential of Elastic fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Elastic NV data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
(1.02)
Revenue Per Share
15.266
Quarterly Revenue Growth
0.159
Return On Assets
(0.01)
Return On Equity
(0.13)
The market value of Elastic NV is measured differently than its book value, which is the value of Elastic that is recorded on the company's balance sheet. Investors also form their own opinion of Elastic NV's value that differs from its market value or its book value, called intrinsic value, which is Elastic NV's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Elastic NV's market value can be influenced by many factors that don't directly affect Elastic NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Elastic NV's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Elastic NV should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Elastic NV's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.