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Elastic Valuation Multiples
Discover revenue and EBITDA valuation multiples for Elastic and similar public comparables like Presight AI, Sportradar, JFrog, CommVault Systems and more.
Elastic Overview
About Elastic
Elastic is a software company that specializes in AI-search, observability, and security deployments. Its search division offers both traditional keyword search and vector search methods to enable more context-aware querying. The software has open-source origins but generates revenue through valuable add-ons, including simplified data orchestration and server scaling techniques.
Founded
2012
HQ

Employees
3.5K
Website
Financials (LTM)
EV
$4B
Elastic Financials
Elastic reported last 12-month revenue of $2B and EBITDA of $292M.
In the same LTM period, Elastic generated $1B in gross profit, $292M in EBITDA, and $269M in net income.
Revenue (LTM)
Elastic P&L
In the most recent fiscal year, Elastic reported revenue of $1B and EBITDA of $260M.
Elastic expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Margin | 78% | XXX | 74% | XXX | XXX | XXX |
| EBITDA | $292M | XXX | $260M | XXX | XXX | XXX |
| EBITDA Margin | 17% | XXX | 18% | XXX | XXX | XXX |
| EBIT Margin | 16% | XXX | 15% | XXX | XXX | XXX |
| Net Profit | $269M | XXX | $218M | XXX | XXX | XXX |
| Net Margin | 16% | XXX | 15% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Elastic Stock Performance
Elastic has current market cap of $5B, and enterprise value of $4B.
Market Cap Evolution
Elastic's stock price is $47.56.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4B | $5B | -0.2% | XXX | XXX | XXX | $2.10 |
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Start Free TrialElastic Valuation Multiples
Elastic trades at 2.5x EV/Revenue multiple, and 14.6x EV/EBITDA.
EV / Revenue (LTM)
Elastic Financial Valuation Multiples
As of April 18, 2026, Elastic has market cap of $5B and EV of $4B.
Equity research analysts estimate Elastic's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Elastic has a P/E ratio of 18.3x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV/Revenue | 2.5x | XXX | 2.9x | XXX | XXX | XXX |
| EV/EBITDA | 14.6x | XXX | 16.4x | XXX | XXX | XXX |
| EV/EBIT | 15.2x | XXX | 19.0x | XXX | XXX | XXX |
| EV/Gross Profit | 3.2x | XXX | 3.9x | XXX | XXX | XXX |
| P/E | 18.3x | XXX | 22.6x | XXX | XXX | XXX |
| EV/FCF | 13.6x | XXX | 15.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Elastic Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Elastic Margins & Growth Rates
Elastic's revenue in the last 12 month grew by 14%.
Elastic's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.3M for the same period.
Elastic's rule of 40 is 32% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Elastic's rule of X is 54% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Elastic Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 14% | XXX | 17% | XXX | XXX | XXX |
| EBITDA Margin | 17% | XXX | 18% | XXX | XXX | XXX |
| EBITDA Growth | 20% | XXX | 13% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 32% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 54% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 36% | XXX | 42% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 8% | XXX | 12% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 20% | XXX | 25% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 78% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Elastic Public Comps
See public comps and valuation multiples for other BI & Analytics Software and DevOps comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Elastic | XXX | XXX | XXX | XXX | XXX | XXX |
| Presight AI | XXX | XXX | XXX | XXX | XXX | XXX |
| Sportradar | XXX | XXX | XXX | XXX | XXX | XXX |
| JFrog | XXX | XXX | XXX | XXX | XXX | XXX |
| CommVault Systems | XXX | XXX | XXX | XXX | XXX | XXX |
| Dameng Database | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Elastic M&A Activity
Elastic acquired XXX companies to date.
Last acquisition by Elastic was on XXXXXXXX, XXXXX. Elastic acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Elastic
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialElastic Investment Activity
Elastic invested in XXX companies to date.
Elastic made its latest investment on XXXXXXXX, XXXXX. Elastic invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Elastic
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Elastic
| When was Elastic founded? | Elastic was founded in 2012. |
| Where is Elastic headquartered? | Elastic is headquartered in Netherlands. |
| How many employees does Elastic have? | As of today, Elastic has over 3K employees. |
| Who is the CEO of Elastic? | Elastic's CEO is Ashutosh Kulkarni. |
| Is Elastic publicly listed? | Yes, Elastic is a public company listed on NYSE. |
| What is the stock symbol of Elastic? | Elastic trades under ESTC ticker. |
| When did Elastic go public? | Elastic went public in 2018. |
| Who are competitors of Elastic? | Elastic main competitors are Presight AI, Sportradar, JFrog, CommVault Systems. |
| What is the current market cap of Elastic? | Elastic's current market cap is $5B. |
| What is the current revenue of Elastic? | Elastic's last 12 months revenue is $2B. |
| What is the current revenue growth of Elastic? | Elastic revenue growth (NTM/LTM) is 14%. |
| What is the current EV/Revenue multiple of Elastic? | Current revenue multiple of Elastic is 2.5x. |
| Is Elastic profitable? | Yes, Elastic is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Elastic? | Elastic's last 12 months EBITDA is $292M. |
| What is Elastic's EBITDA margin? | Elastic's last 12 months EBITDA margin is 17%. |
| What is the current EV/EBITDA multiple of Elastic? | Current EBITDA multiple of Elastic is 14.6x. |
| What is the current FCF of Elastic? | Elastic's last 12 months FCF is $313M. |
| What is Elastic's FCF margin? | Elastic's last 12 months FCF margin is 18%. |
| What is the current EV/FCF multiple of Elastic? | Current FCF multiple of Elastic is 13.6x. |
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