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Form 8-K · Current Report · Filed 2024-11-21

Elastic Announces Second Quarter 2025 Results and CFO Transition

Elastic N.V. reported strong financial results for its second quarter of fiscal 2025, with total revenue of $365 million, up 18% year-over-year. Elastic Cloud revenue increased by 25% year-over-year. The company also announced a transition in its executive team, with Janesh Moorjani resigning as Chief Financial Officer and Chief Operating Officer, and Eric Prengel being appointed as interim CFO effective December 14, 2024.

Filer
Elastic N.V. ESTC · NYSE
Filed
Accession
0001707753-24-000044
CIK
0001707753
Signal
High impactTechnology

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat Raised Guidance
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

CFO Resignation New CFO Appointed

Market reaction

Close before filing

$88.58

Next session

+22.0%

Since filing

+10.1%

Latest close

$97.55

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from ESTC reporting the same item, with the next session's move:

Elastic Reports Strong Q1 FY25 Results with 18% Revenue Growth-26.0%
Elastic Reports Q4 and FY24 Financial Results with Growth in Revenue and Cloud Services+1.7%
Elastic Reports Third Quarter Fiscal 2024 Financial Results-9.8%

Exhibits (1)

About Elastic N.V.

Elastic N.V. is a prominent company that specializes in the development of search-powered solutions for various user applications and industries. The core purpose of the company is to enhance data search and management through its widely acclaimed Elasticsearch platform, which serves as the backbone for its suite of products including Kibana, Beats, and Logstash. These tools enable users to ingest, visualize, and analyze large volumes of data in real-time, making them indispensable in fields like cybersecurity, IT operations, and business analytics. Elastic N.V. plays a significant role in the technological ecosystem by providing essential search and analytical capabilities to enterprises, thereby facilitating improved operational efficiencies and decision-making processes. Founded in 2012 and headquartered in the Netherlands, the company integrates its services within cloud infrastructure, promoting scalability and adaption to a wide array of customer needs across different market segments. Elastic's contributions to data-centric applications underscore its importance in the digital transformation landscape.

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