Elastic NV Reports Increased Revenue from Elastic Cloud, Citing Modest Impact on Gross Margin; R&D and Marketing Expenses Expected to Rise

Reuters
06-10
Elastic NV Reports Increased Revenue from Elastic Cloud, Citing Modest Impact on Gross Margin; R&D and Marketing Expenses Expected to Rise

Elastic NV has reported its financial results for the fiscal year ending April 30, 2025. The company noted a significant increase in revenue, with Elastic Cloud contributing 46% of the total revenue, up from 43% in the previous year. Despite the growth in revenue, the increased contribution from Elastic Cloud is expected to have a modest adverse impact on the gross margin due to third-party hosting costs. Elastic's revenue is primarily driven by subscriptions to its software, both self-managed and cloud-hosted. The company has expressed that the growing contribution of Elastic Cloud is crucial for its long-term growth potential. Moving forward, Elastic anticipates that the revenue from Elastic Cloud will continue to rise, further influencing the overall subscription revenue. The fiscal year results did not specify net income or earnings per share $(EPS)$ figures. Elastic NV remains focused on expanding its business and investing in its services, projecting that the cost of services will rise in absolute dollars as revenue from services increases.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Elastic NV published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001707753-25-000021), on June 10, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10