Elasticpublic
Elastic (NYSE: ESTC) builds the Elasticsearch-based Search AI Platform, which includes a vector database and RAG tooling. It also sells observability and security (SIEM) solutions. It earns revenue mainly from subscriptions, both self-managed and through the consumption-based Elastic Cloud, and sells to enterprises and public-sector organizations in more than 40 countries. Fiscal 2026 (ended April 2026) revenue was $1.739B, up 17% year over year, with net income of $367.8M that included a roughly $435M one-time tax benefit. It had 4,019 employees as of April 30, 2026. In June 2026 it announced a workforce reduction of about 7%.
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