Elastic N V's Corporate Customers have recorded an increase in their cost of revenue by 14.48 % in the 1 quarter 2026 year on year, sequentially costs of revenue grew by 6.91 %. During the corresponding time, Elastic N V recorded a revenue increase by 15.34 % year on year, sequentially revenue grew by 5.87 %. While revenue at the Elastic N V 's corporate clients recorded rose by 6.32 % year on year, sequentially revenue grew by 2.55 %.
Elastic N V's Customers have recorded an increase in their cost of revenue by 14.48 % in the 1 quarter 2026 year on year, sequentially costs of revenue grew by 6.91 %, for the same period Elastic N V recorded revenue increase by 15.34 % year on year, sequentially revenue grew by 5.87 %.
Elastic N V's Comment on Sales, Marketing and Customers
The company provides the Elasticsearch Platform, which integrates search technology with AI to address real-time business challenges, enhance value, and improve outcomes. The platform supports IT and line-of-business organizations in digital transformation by enabling search, analysis, and visualization of data from various sources and formats. It offers three Elasticsearch-powered solutions: Search & AI, Elastic Observability, and Elastic Security, designed to maintain mission-critical applications and protect against cyber threats. The platform is available as a cloud service or self-managed software and can be deployed across hybrid, public, private, and multi-cloud environments, including Amazon Web Services (AWS), Google Cloud Platform (GCP), and Microsoft Azure. The company's business model includes paid subscription services—Elastic Cloud Hosted and Elastic Cloud Serverless—and free and paid proprietary self-managed software—Elastic Self-Managed.
Elastic Recognised as a Leader in Cognitive Search for 2025 In a notable development for the enterprise technology sector, Elastic (NYSE: ESTC), a prominent player in the burgeoning field of search AI, has been named a leader in The Forrester Wave Cognitive Search Platforms, Q4 2025 report. This accolade places Elastic at the forefront of the industry, with its flagship product, Elasticsearch, achieving the highest possible scores in eight distinct criteria, including relevancy, affirming its prowess and innovation in cognitive search solutions.Elasticsearch, a widely deployed open-source document and vector database, has long been celebrated for its powerful search and analytics engine. With the rapid adven...
Elastic Empowers Developers and Security Teams with New Features In a remarkable stride towards enhancing capabilities in semantic search and log management, Elastic (NYSE: ESTC), the esteemed Search AI Company, has unveiled significant upgrades to its Elasticsearch platform. The recent integration with Jina AI s advanced embedding models marks a pivotal moment in the realm of information retrieval and semantic applications. Simultaneously, the general availability of the Elasticsearch LogsDB index mode is set to transform log management, reducing storage footprints and improving data accessibility for organizations. Elasticsearch Open Inference API: A Boost for Semantic SearchThe introduction of Jina AI s l...
In an era where efficient data management is paramount, Elastic (NYSE: ESTC), the San Francisco-based Search AI company, has announced a significant advancement in log management with the general availability of its Elasticsearch logsdb index mode. This innovative feature aims to reduce the storage footprint of log data by an impressive 65% compared to previous versions of Elasticsearch, heralding a new chapter for security and observability teams across sectors.Log data serves a critical function in IT and cybersecurity landscapes. It acts as the backbone for detection, monitoring, and remediation processes, helping organizations to quickly identify and address anomalies within their systems. As businesses ...
Elastic Unveils Cloud Serverless Powered by AI: A Closer Look at Financial and Market Impacts Elastic, a recognized leader in search and AI technology, has announced the general availability of its Elastic Cloud Serverless platform. This novel offering, built on a re-architectured Elasticsearch, leverages a unique Search AI Lake optimized for real-time applications. This innovation promises vast storage capacity combined with low-latency querying, empowering users with enhanced AI and search capabilities. According to Maribel Lopez, the need for scalable search solutions is more critical than ever.In parallel with these technological advancements, Elastic N.V. reported its financial performance for the third...
Embracing Innovation: Elastic s Strategic Moves to Enhance Search AI Solutions and Open-Source AccessibilityIn a dynamic landscape driven by digital transformation and the insatiable appetite for data, Elastic (NYSE: ESTC), the renowned Search AI Company, is stepping up its game through strategic partnerships, innovative features, and a commitment to open-source principles. With a recent distribution agreement with Arrow Electronics, along with advancements in data integration and licensing, Elastic is poised to redefine the future of search, observability, and security solutions in North America. Distribution Partnership with Arrow Electronics Elastic’s partnership with Arrow Electronics marks a signific...
In a strategic move, Elastic N.V. (NYSE: ESTC), known for its robust search solutions, has announced that it is offering the GNU Affero General Public License v3 (AGPL) as an additional licensing option for its free Elasticsearch and Kibana source code. This decision complements the existing Server Side Public License 1.0 (SSPL 1.0) and Elastic License 2.0 (ELv2), aligning with the Open Source Initiative s standards. With the introduction of AGPL, Elastic is reinforcing its position in the open-source community, enabling broader access and collaboration within the developer ecosystem.Concurrent with the licensing announcement, Elastic N.V. has exhibited strong financial performance in the first quarter of 20...
Elastic’s Innovative Leap: Integrating Anthropics Claude for Real-Time Data Analysis In the rapidly evolving landscape of artificial intelligence, the need for seamless integration of robust data analytics and intelligent insights is more pronounced than ever. Leading this charge, Elastic N.V. renowned for its cutting-edge solutions in search-based data queries, has taken a significant step forward. The company recently announced the integration of Anthropics’ Claude into its Elasticsearch Open Inference API, a move that promises to arm developers with powerful AI capabilities in real-time data assessment.The incorporation of Claude, including its latest iterations the Claude 3.5 Sonnet, Claude 3 Haiku...
In an era marked by increasing cyber threats and complexities in data management, organizations are on a relentless quest for effective security solutions and robust observability platforms. Elastic (NYSE: ESTC), known as the Search AI Company, has emerged as a pivotal player in this transformative landscape, underscored by their innovative offerings that capitalize on artificial intelligence (AI) to optimize security operations and observability. Collaborating with LangChain: Streamlining Security OperationsElastic’s recent collaboration with LangChain, a leading generative AI orchestration library, underscores its commitment to enhancing security operations (SecOps) through automation. The partnership ha...
Elastic (NYSE: ESTC), the leading Search AI company based in San Francisco, has made significant strides in enhancing its Elasticsearch platform s capabilities with new updates and recognitions. The latest announcements solidify Elastic s commitment to creating cutting-edge solutions for AI-driven search applications and underscore its growing prominence in the tech industry. Elasticsearch Now Supports Mistral AI Embeddings Elastic s recent press release highlights a major advancement in the Elasticsearch vector database, which now includes support for storing and automatically chunking embeddings from mistral-embed. With native integrations to the Open Inference API and the semantic_text field, this update ...
Elastic s Expansion and Robust Financial Performance: A Deep Dive Elastic (NYSE: ESTC) continues to assert its dominance in the tech landscape with strategic advancements and robust financial performance. The recent integration of Amazon Bedrock-hosted models into Elasticsearch Open Inference API and Playground marks a significant step forward, exemplifying Elastic’s commitment to enhancing developer capabilities and building next-generation search experiences. Integration with Amazon BedrockOn October 12, 2023, Elastic announced support for Amazon Bedrock within its Elasticsearch Open Inference API and Playground. This integration provides developers with the flexibility to choose from a range of large la...
Elastic N V’s Comment on Sales, Marketing and Customers
The company provides the Elasticsearch Platform, which integrates search technology with AI to address real-time business challenges, enhance value, and improve outcomes. The platform supports IT and line-of-business organizations in digital transformation by enabling search, analysis, and visualization of data from various sources and formats. It offers three Elasticsearch-powered solutions: Search & AI, Elastic Observability, and Elastic Security, designed to maintain mission-critical applications and protect against cyber threats. The platform is available as a cloud service or self-managed software and can be deployed across hybrid, public, private, and multi-cloud environments, including Amazon Web Services (AWS), Google Cloud Platform (GCP), and Microsoft Azure. The company's business model includes paid subscription services—Elastic Cloud Hosted and Elastic Cloud Serverless—and free and paid proprietary self-managed software—Elastic Self-Managed.
Sources:
Elastic N v’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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