Navam Welihinda
On February 25, 2025, the Company’s Board of Directors appointed Navam Welihinda as Elastic’s Chief Financial Officer, effective as of February 28, 2025, to succeed Eric Prengel.
Highest-materiality recent filing
Elastic plans 7% workforce reduction and Chief Product Officer resignation
Elastic to cut ~7% of workforce; expects $22-25M in non-recurring cash charges for severance and benefits.
Elastic Q4 revenue $451M (+16% YoY) beats guidance; FY27 outlook $1.985-2.0B
GAAP Q4 EPS $4.14; non-GAAP Q4 EPS $0.61; full-year non-GAAP EPS $2.57.
Elastic Q3 revenue $450M, up 18%; beats guidance; non-GAAP EPS $0.73
Revenue $450M (+18% YoY); subscription revenue $426M (+19%).
Elastic beats Q2 FY26 guidance; revenue $423M (+16% YoY); raises full-year revenue outlook by $18M
Total revenue $423M (+16% YoY); GAAP net loss per share $0.48; non-GAAP diluted EPS $0.64.
Elastic N.V. grants CEO $29.3M special performance-based equity award with share price goals
PSUs with grant-date fair value of $29.3M; max payout of 456,491 shares.
Elastic announces $500M share repurchase program, no expiration date
Approved share repurchase program up to $500M of ordinary shares; no expiration date.
Elastic Q1 FY2026 revenue $415M (+20% YoY) beats guidance; non-GAAP EPS $0.60
Revenue $415M (+20% YoY), above guidance; GAAP op loss $9M; non-GAAP op income $65M (16% margin).
Q4 total revenue $388M (+16% YoY); Elastic Cloud revenue $182M (+23% YoY).
Elastic beats Q3 FY2025 guidance with revenue $382M (+17% YoY); appoints Navam Welihinda as CFO
Revenue $382M (+17% YoY); Elastic Cloud $180M (+26% YoY); GAAP net loss $0.16/share, non-GAAP EPS $0.63.
Elastic Q2 revenue $365M (+18% YoY); CFO Moorjani resigns, Prengel named interim
Q2 FY25 total revenue $365M (+18% YoY); Elastic Cloud revenue $169M (+25% YoY).
Elastic beats Q1 but guides FY25 revenue growth at 14%, slowed by segmentation changes
Q1 revenue $347M (+18% YoY); Elastic Cloud rev $157M (+30% YoY).
Elastic Q4 revenue $335M (+20% YoY); non-GAAP EPS $0.21; guides FY25 revenue $1.47-1.48B
Q4 total revenue $335M (+20% YoY); Elastic Cloud revenue $148M (+32% YoY).
Elastic Q3 revenue $328M (+19% YoY); Cloud revenue +29%; Non-GAAP EPS $0.36
Q3 revenue $328M (+19% YoY); Elastic Cloud revenue $143M (+29% YoY). GAAP operating loss $26M; non-GAAP operating income $43M.
Elastic Q2 revenue $311M (+17%), non-GAAP EPS $0.37 beats guidance; cloud up 31%
Revenue $311M (+17% YoY); Elastic Cloud revenue $135M (+31% YoY), 43% of total revenue.
Elastic shareholders elect Paul Auvil to board; all 10 proposals approved at AGM
Paul Auvil elected as non-executive director for 3-year term ending at 2026 AGM.
Elastic Q1 FY24 revenue $294M, up 17% YoY; non-GAAP EPS $0.25; FY24 guidance rev $1.242-$1.250B
Q1 revenue $294M, up 17% YoY (17% constant currency); Elastic Cloud revenue $121M, up 24%.
Elastic Q4 revenue $280M (+17% YoY); GAAP loss $0.48; guides FY24 rev $1.24B
Revenue $280M (+17% YoY, +19% constant currency); Elastic Cloud revenue $112M (+28% YoY).
Elastic Q3 FY2023 revenue $275M (+23% YoY); non-GAAP EPS $0.17; Q4 guidance $276-278M
Total revenue $275M, up 23% YoY (27% constant currency); Elastic Cloud revenue $111M, up 38% YoY (40% constant currency).
Elastic Q2 revenue $264.4M (+28% YoY), beats guidance; workforce reduction of ~13%
Q2 revenue $264.4M, up 28% YoY (34% constant currency); Elastic Cloud revenue $103.2M, up 50% YoY.
Elastic Q1 revenue up 30% to $250.1M; Cloud revenue +59%; raises constant-currency FY outlook
Total revenue $250.1M, +30% YoY (+34% constant currency); Elastic Cloud $97.7M, +59% YoY.
Elastic Q4 revenue $239.4M (+35% YoY); Cloud revenue $87.7M (+71%); guides FY23 $1.08-1.086B
Q4 revenue $239.4M (+35% YoY); Elastic Cloud revenue $87.7M (+71%); GAAP operating loss $59.6M; non-GAAP EPS -$0.16.
Elastic Q3 revenue $223.9M (+43% YoY); Cloud surges 79%; guides Q4 $230-232M
Total revenue $223.9M, up 43% YoY; Elastic Cloud revenue $80.4M, up 79% YoY (80% constant currency).
Elastic promotes Ashutosh Kulkarni to CEO; founder Shay Banon becomes CTO; Q3 guidance raised
Founder Shay Banon transitions from CEO to CTO effective Jan 11, 2022; remains on Board.
Elastic Q2 revenue $206M (+42% YoY); Elastic Cloud up 84%; raises FY22 guidance
Q2 revenue $206.0M, up 42% YoY; Elastic Cloud revenue $69.0M, up 84% YoY.
On February 25, 2025, the Company’s Board of Directors appointed Navam Welihinda as Elastic’s Chief Financial Officer, effective as of February 28, 2025, to succeed Eric Prengel.
Eric Prengel, who has served as the Interim Chief Financial Officer of the Company since December 14, 2024, will cease to serve in this role on February 28, 2025 upon the effectiveness on that date of the appointment of Navam Welihinda as the Company’s Chief Financial Officer
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.
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.
On June 14, 2023, Jonathan Chadwick notified the board of directors (the “Board”) of Elastic N.V. (the “Company”) that he will not be standing for re-election as a non-executive director following the expiration of his term at the annual general shareholders meeting in October 2023 (the “2023 AGM”).
On July 7, 2022, the Board appointed Sohaib Abbasi to replace Mr. Volpi as non-executive director, Vice-Chairman of the Board, and member of the Company’s Compensation Committee, effective July 13, 2022.
On July 1, 2022, Michelangelo Volpi resigned as a non-executive director and Vice-Chairman from the board of directors (the “Board”) of Elastic N.V. (the “Company”) and as a member of the Company’s Compensation Committee, effective July 13, 2022.
Chetan Puttagunta, currently Lead Independent Director, has been appointed Chairman of the Board.
the Company announced the promotion of Ashutosh Kulkarni, the Company’s current Chief Product Officer, to CEO, effective as of January 11, 2022.
Max materiality 0.85 · Median 0.75 · Most common event earnings