Welcome to our dedicated page for Elastic N.V. SEC filings (Ticker: ESTC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Elastic N.V. filings document a Netherlands-based public software company with ordinary shares listed under ESTC and a distributed operating structure. Recent 8-K reports furnish quarterly financial results and record material events involving board actions, executive compensation arrangements, shareholder votes, and share repurchase authorization.
The company's proxy materials and annual-meeting filings describe director elections, voting results, executive and director compensation, equity awards, governance proposals, and the treatment of ordinary shares and treasury shares. These disclosures frame Elastic's capital structure, board oversight, incentive plans, shareholder approval matters, and recurring financial reporting for its search AI, observability, and security software business.
Elastic N.V. (ESTC) reported revenue of $478.1 million for the three months ended July 31, 2026, up 15% from $415.3 million a year earlier. Subscription revenue was $448.7 million, also up 15%, with Elastic Cloud reaching $235.2 million and Annual Elastic Cloud growing 27% year over year.
Gross margin declined to 74% from 77% as cloud usage and related hosting costs increased. Operating expenses rose to $379.8 million, including $19.9 million of restructuring charges from a plan to reduce the workforce by about 7%. Net loss improved to $16.7 million from $24.6 million.
Operating cash flow was strong at $132.0 million, up from $104.8 million, and cash, cash equivalents, and restricted cash totaled $881.8 million at quarter end. Remaining performance obligations were $1.854 billion, with about 62% expected to be recognized as revenue in the next 12 months. Elastic repurchased 804,601 shares for $40.0 million, with $120.0 million still available under its buyback program, and later agreed to acquire Deductive AI, Inc. for approximately $70 million.
Elastic N.V. (ESTC) reported board changes and related governance steps. On August 24, 2026, non-executive director Caryn Marooney notified the board she will not stand for re-appointment when her term ends at the annual general shareholders meeting in October 2026, and the company stated this decision is not due to any disagreement with Elastic or its board.
On August 26, 2026, the board nominated Julia Liuson, former President of Microsoft’s Developer Division, to stand for appointment as a non-executive director at the 2026 AGM, subject to shareholder vote under Dutch law. If elected, she will also join the Compensation Committee. Elastic furnished a press release on August 27, 2026 and plans to file a proxy statement for the 2026 AGM, including the director election.
Elastic N.V. (ESTC) reported first quarter fiscal 2027 results for the period ended July 31, 2026. Total revenue was $478.1 million, up 15% year-over-year, driven by subscription revenue of $448.7 million, also up 15%. Total Elastic Cloud revenue grew 20% to $235.2 million, with sales-led subscription revenue reaching $398.5 million, up 18%.
Current remaining performance obligations were $1.15 billion, up 21% year-over-year, and total remaining performance obligations were $1.85 billion, up 27% year-over-year, indicating strong contracted demand. GAAP operating loss was $23.6 million (margin -4.9%), while non-GAAP operating income was $77.3 million with a 16.2% margin. GAAP net loss per share was $0.16, and non-GAAP diluted EPS was $0.70.
Operating cash flow was $132.0 million, and adjusted free cash flow was $143.3 million, a 30% margin. Elastic repurchased about 0.8 million shares for $40 million under its $500 million buyback program. For fiscal 2027, the company guides to $1.998–$2.010 billion in revenue, non-GAAP operating margin of about 19.4%, and non-GAAP diluted EPS of $3.29–$3.37.
Elastic N.V. (ESTC) is the subject of this amended Schedule 13D filing by Pictet Asset Management, an investment adviser based in Switzerland. Pictet reports beneficial ownership of 5,393,567 shares of common stock, representing 5.2% of Elastic’s outstanding shares, with sole voting power over 5,377,364 shares and sole dispositive power over all shares reported.
Pictet states that the shares, acquired on behalf of institutional clients managed on a discretionary basis, cost approximately USD 400,837,088.72, funded entirely from client assets without borrowing. The position is held as part of Pictet’s investment strategy, which includes active engagement with Elastic’s board and management on governance, strategy, financial performance and sustainability topics, while indicating it does not currently seek control of Elastic but reserves the right to reassess its intentions.
AQR Capital Management, LLC and its parent AQR Capital Management Holdings, LLC report beneficial ownership of 6,077,291 Elastic N.V. ordinary shares, representing 5.85% of the class. All voting and dispositive authority is reported as shared between the two entities, with no sole voting or dispositive power.
The firms report shared voting power over 5,551,820 shares and shared dispositive power over the full 6,077,291 shares. AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC, and both jointly file this Schedule 13G/A.
Elastic N.V. is implementing a restructuring plan to better align its organization with AI-driven automation and strategic priorities. The company expects to reduce its workforce by approximately 7% while continuing to hire in key go-to-market and other strategic roles, with total headcount still expected to grow this fiscal year compared to last year.
Elastic anticipates non-recurring cash charges of $22 million to $25 million, mainly for severance and related employee costs, with most recognized in the first quarter of fiscal 2027 and the remainder in later periods. Workforce reductions are expected to be substantially completed by the end of the third quarter of fiscal 2027, subject to local legal requirements.
The filing also notes that Chief Product Officer Ken Exner has decided to resign, effective July 17, 2026, to pursue another opportunity. His departure is stated not to be due to any disagreement with the company, its board, or its practices. Senior engineering leaders, including those over the Elasticsearch and Platform Group and the Observability and Security Group, will report directly to CEO Ashutosh Kulkarni to enhance accountability and innovation speed.
Elastic N.V. Chief Executive Officer Ashutosh Kulkarni reported stock-based compensation and a related tax sale. On June 8, 2026, he received two awards of ordinary shares: 148,857 shares tied to performance-based RSUs (PSUs) and 111,123 shares represented by RSUs, both at a price of $0.00 per share.
The PSUs were earned based on specified performance goals from a grant made on June 8, 2025, with one-third vesting on the determination date and the remainder vesting quarterly starting September 8, 2026. The RSUs vest in sixteen equal quarterly installments beginning on September 8, 2026. On June 9, 2026, 40,373 ordinary shares were sold at $60.61 per share to satisfy tax withholding obligations under the company’s equity incentive plan, described as a mandated “sell to cover” rather than a discretionary trade. After these transactions, Kulkarni directly held 628,752 ordinary shares.
Elastic N.V.’s Chief Financial Officer, Navam Welihinda, reported a mix of equity awards and a tax-related share sale. On June 8, 2026, he acquired 56,324 ordinary shares from performance-based RSUs and 45,144 ordinary shares from RSUs, both granted at no cash cost and subject to future vesting tied to performance and continued service.
On June 9, 2026, he sold 12,961 ordinary shares at $60.61 per share. According to the disclosure, this sale was mandated under Elastic’s equity plan as a “sell to cover” transaction to satisfy tax withholding from RSU vesting, not a discretionary trade. Following these transactions, he directly holds 209,254 ordinary shares.
Elastic N.V. Chief Product Officer Ken Exner reported equity compensation activity and related tax sales. On June 8, 2026, he acquired 72,417, 34,725 and 48,616 ordinary shares at $0.00 per share through vested performance-based RSUs and RSUs, reflecting previously granted awards tied to performance and service conditions.
On June 9, 2026, he sold 18,449 ordinary shares at an average price of $60.61 per share to satisfy tax obligations under Elastic’s equity incentive plan via a mandated “sell to cover” transaction, described as not a discretionary trade. Following these transactions, he directly holds 360,037 ordinary shares.
Elastic N.V. Chief Legal Officer Carolyn Herzog reported equity awards and related tax sales. On June 8, she acquired 32,185 ordinary shares through earned performance-based RSUs and 20,140 ordinary shares through RSUs at no cost, reflecting compensation awards that will continue to vest over time starting on September 8, 2026.
On June 9, she sold 9,485 ordinary shares at an average price of $60.61 per share. According to the disclosure, these shares were sold under a mandatory “sell to cover” provision to satisfy tax obligations from PSU and RSU vesting and did not represent a discretionary trade. After these transactions, she directly holds 128,439 ordinary shares.