---
schema_version: "secwatch.filing_event.v1"
accession: "0001707753-23-000044"
form_type: "8-K"
ticker: "ESTC"
cik: "0001707753"
company_name: "Elastic N.V."
filed_at: "2023-08-31T23:59:59+00:00"
generated_at: "2026-06-11T01:19:31.693917+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Elastic Q1 FY24 revenue $294M, up 17% YoY; non-GAAP EPS $0.25; FY24 guidance rev $1.242-$1.250B

## Summary
- Q1 revenue $294M, up 17% YoY (17% constant currency); Elastic Cloud revenue $121M, up 24%.
- GAAP operating loss $36M (margin -12%); non-GAAP operating income $29M (margin 10%); GAAP loss per share $0.50; non-GAAP diluted EPS $0.25.
- Customer count ~20,500; customers with ACV >$100k ~1,190; Net Expansion Rate ~113%.
- Guidance: Q2 FY24 revenue $303-305M (15% YoY growth); FY24 revenue $1.242-1.250B (17% YoY).
- Appointed Joanna Daly as CHRO; won Microsoft, Google Cloud, and AWS partner awards.

## SEC filing metadata
- accession: 0001707753-23-000044
- form_type: 8-K
- ticker: ESTC
- cik: 0001707753
- company_name: Elastic N.V.
- filed_at: 2023-08-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1707753/000170775323000044/0001707753-23-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1707753/000170775323000044/estc-20230831.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001707753-23-000044
- JSON: https://secwatch.observer/filing/0001707753-23-000044.json
- Plain text: https://secwatch.observer/filing/0001707753-23-000044.txt

## Key facts
- Earnings Releases
  Elastic N.V. reported first quarter of fiscal 2024 ended July 31, 2023 results: revenue $294 million, EPS GAAP net loss per share was $0.50; non-GAAP diluted earnings per share was $0.25.
  - Period: first quarter of fiscal 2024 ended July 31, 2023
  - Revenue: $294 million
  - EPS: GAAP net loss per share was $0.50; non-GAAP diluted earnings per share was $0.25
  - Result: reported results
  source text: Elastic Reports First Quarter Fiscal 2024 Financial Results Q1 Revenue of $294 million, up 17% year-over-year (17% in constant currency)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1707753/000170775323000044/0001707753-23-000044-index.htm

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