---
schema_version: "secwatch.filing_event.v1"
accession: "0001707753-23-000006"
form_type: "8-K"
ticker: "ESTC"
cik: "0001707753"
company_name: "Elastic N.V."
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T15:33:49.505748+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Elastic Q3 FY2023 revenue $275M (+23% YoY); non-GAAP EPS $0.17; Q4 guidance $276-278M

## Summary
- Total revenue $275M, up 23% YoY (27% constant currency); Elastic Cloud revenue $111M, up 38% YoY (40% constant currency).
- GAAP operating loss $69M (margin -25%); non-GAAP operating income $22M (margin 8%); GAAP EPS -$0.76, non-GAAP diluted EPS $0.17.
- Subscription customers ~19,900; customers with ACV >$100k over 1,110; net expansion rate ~120%.
- Q4 FY2023 guidance: revenue $276-278M, non-GAAP operating margin 4.8-5.2%, non-GAAP EPS $0.08-0.10.
- Full-year FY2023 guidance raised: revenue $1,065-1,067M, non-GAAP operating margin ~3.3%, non-GAAP EPS $0.11-0.14.

## SEC filing metadata
- accession: 0001707753-23-000006
- form_type: 8-K
- ticker: ESTC
- cik: 0001707753
- company_name: Elastic N.V.
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1707753/000170775323000006/0001707753-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1707753/000170775323000006/estc-20230302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001707753-23-000006
- JSON: https://secwatch.observer/filing/0001707753-23-000006.json
- Plain text: https://secwatch.observer/filing/0001707753-23-000006.txt

## Key facts
- Earnings Releases
  Elastic N.V. reported Q3 fiscal 2023 ended January 31, 2023 results: revenue Total revenue was $275 million, EPS GAAP net loss per share was $0.76; non-GAAP diluted earnings per share was $0.17.
  - Period: Q3 fiscal 2023 ended January 31, 2023
  - Revenue: Total revenue was $275 million
  - EPS: GAAP net loss per share was $0.76; non-GAAP diluted earnings per share was $0.17
  - Result: reported results
  source text: Total revenue was $275 million, an increase of 23% year-over-year, or 27% on a constant currency basis • Elastic Cloud revenue was $111 million, an increase of 38% year-over-year, or 40% on a constant currency basis • GAAP operating loss was $69 million; GAAP operating margin was -25% • Non-GAAP operating income was $22 million; non-GAAP operating margin was 8% • GAAP net loss per share was $0.76; non-GAAP diluted earnings per share was $0.17
  evidence_url: https://www.sec.gov/Archives/edgar/data/1707753/000170775323000006/0001707753-23-000006-index.htm
- Earnings Releases
  Elastic N.V. reported fourth quarter of fiscal 2023 ending April 30, 2023 and full-year fiscal 2023 ending April 30, 2023 results: revenue For the fourth quarter of fiscal 2023: Total revenue is expected to be between $276 million and $278 million; For fiscal, EPS Non-GAAP earnings per share is expected to be between $0.08 and $0.10 for Q4; Non-GAAP earnings per share is expected to.
  - Period: fourth quarter of fiscal 2023 ending April 30, 2023 and full-year fiscal 2023 ending April 30, 2023
  - Revenue: For the fourth quarter of fiscal 2023: Total revenue is expected to be between $276 million and $278 million; For fiscal
  - EPS: Non-GAAP earnings per share is expected to be between $0.08 and $0.10 for Q4; Non-GAAP earnings per share is expected to
  - Result: guidance update
  source text: The Company is providing the following guidance for the fourth quarter of fiscal 2023 and is updating its prior full-year fiscal 2023 guidance as follows: For the fourth quarter of fiscal 2023 (ending April 30, 2023): • Total revenue is expected to be between $276 million and $278 million, representing 16% year-over-year growth at the midpoint (18% year-over-year constant currency growth at the midpoint) • Non-GAAP operating margin is expected to be between 4.8% and 5.2% • Non-GAAP earnings per share is expected to be between $0.08 and $0.10, assuming between 100 million and 101 million diluted weighted average ordinary shares outstanding For fiscal 2023 (ending April 30, 2023): • Total revenue is expected to be between $1,065 million and $1,067 million, representing 24% year-over-year growth at the midpoint (28% year-over-year constant currency growth at the midpoint) • Non-GAAP operating margin is expected to be between 3.3% and 3.4% • Non-GAAP earnings per share is expected to be be
  evidence_url: https://www.sec.gov/Archives/edgar/data/1707753/000170775323000006/0001707753-23-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.