Elastic Q2 revenue $365M (+18% YoY); CFO Moorjani resigns, Prengel named interim

Elastic N.V.

2025-Q2 EPS reported -$0.73 revenue$712,781,000

Q2 FY25 total revenue $365M (+18% YoY); Elastic Cloud revenue $169M (+25% YoY).
GAAP net loss per share $0.25; non-GAAP diluted EPS $0.59; GAAP operating loss $4M.
CFO/COO Janesh Moorjani resigns effective Dec 13, 2024; Eric Prengel appointed interim CFO.
Q3 FY25 revenue guidance $367-369M; FY25 revenue guidance $1.451-1.457B.
Customers with ACV >$100K exceeded 1,420; net expansion rate ~112%.

item 2.02 item 5.02 item 9.01

Executive movements

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Appointed (interim)

Eric Prengel

interim Chief Financial Officer

ESTC · Elastic N.V.

Effective: 2024-12-14
Filed: November 21, 2024, 6:59 PM ET

On November 21, 2024, the Company appointed Eric Prengel, who currently serves as Group Vice President, Finance at the Company, as Elastic’s interim Chief Financial Officer, effective as of December 14, 2024.

Departed

Janesh Moorjani

Chief Financial Officer and Chief Operating Officer

ESTC · Elastic N.V.

Effective: 2024-12-13
Successor: Eric Prengel
Filed: November 21, 2024, 6:59 PM ET

On November 18, 2024, Janesh Moorjani, the Company’s Chief Financial Officer and Chief Operating Officer, notified the Company of his decision to resign from his positions as Chief Financial Officer and Chief Operating Officer, in which positions he serves as the Company’s principal financial officer, principal accounting officer, and principal operating officer.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Eric Prengel was appointed as interim Chief Financial Officer at Elastic N.V..

Action: appointed
Role: interim Chief Financial Officer

Exact text from the filing

On November 21, 2024, the Company appointed Eric Prengel, who currently serves as Group Vice President, Finance at the Company, as Elastic’s interim Chief Financial Officer, effective as of December 14, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Janesh Moorjani resigned as Chief Financial Officer and Chief Operating Officer at Elastic N.V..

Action: resigned
Role: Chief Financial Officer and Chief Operating Officer

Exact text from the filing

On November 18, 2024, Janesh Moorjani, the Company’s Chief Financial Officer and Chief Operating Officer, notified the Company of his decision to resign from his positions as Chief Financial Officer and Chief Operating Officer, in which positions he serves as the Company’s principal financial officer, principal accounting officer, and principal operating officer.

View on SEC.gov

Elastic N.V. filing history →

Source: SEC EDGAR

accession 0001707753-24-000044

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