Welcome to our dedicated page for Elastic N.V. news (Ticker: ESTC), a resource for investors and traders seeking the latest updates and insights on Elastic N.V. stock.
Elastic N.V. (NYSE: ESTC) delivers cutting-edge solutions for search, security, and data analytics, empowering enterprises to transform complex data into actionable insights. This dedicated news hub provides investors and technology professionals with essential updates directly from the company and verified sources.
Access official press releases detailing product innovations, financial results, and strategic partnerships. Our curated collection includes analysis of Elastic's advancements in observability tools, cloud services, and enterprise search capabilities - critical components of modern data infrastructure.
Key coverage areas include quarterly earnings disclosures, security solution updates, and technology partnership announcements. Stay informed about Elastic's open source developments and enterprise software enhancements that drive operational efficiency across industries.
Bookmark this page for streamlined access to Elastic's latest business developments. Regularly updated with verified information, this resource supports informed analysis of the company's market position and technological leadership in real-time data processing solutions.
Elastic (NYSE: ESTC) has announced the general availability of Elastic Cloud Serverless on Google Cloud Marketplace, enabling developers to scale Security, Observability and Search solutions without managing infrastructure. The platform is built on the Search AI Lake architecture and leverages Google Cloud Storage to provide vast storage capabilities, separate storage and compute, low-latency querying, and advanced AI features.
This integration allows customers to deploy, manage, and expand their operations on Google Cloud's global infrastructure. The serverless solution offers streamlined workflows for developers to create projects across various use cases while maintaining speed and scale. The service is now available through Google Cloud Marketplace, with immediate access to free trials.
Elastic (NYSE: ESTC) announced significant performance improvements for Elasticsearch running on Google's new Arm-based CPU, Axion. Testing revealed up to 40% higher indexing throughput on C4A VMs powered by Google Axion compared to previous Google Cloud VM generations.
The performance gains were measured using Elastic's macro benchmarking framework for Rally with the elastic/logs track. The C4A virtual machines, which also power Elastic Cloud Serverless, are enhanced by Google's Titanium SSDs local storage.
Elastic Cloud Serverless running on C4A is currently available in technical preview on Google Cloud, offering improved efficiency and search performance for users leveraging Elastic's search, observability, and security solutions.
Elastic (NYSE: ESTC) has announced that its Elasticsearch vector database is now natively integrated with Google Cloud's Vertex AI platform as an information retrieval engine. This integration enables streamlined development of RAG (Retrieval-Augmented Generation) applications within a single workflow, eliminating the need for additional APIs and data orchestration.
The feature, currently in Public Preview, simplifies deployment with minimal configuration requirements, allowing developers to focus on building next-generation generative AI experiences.
Elastic (NYSE: ESTC) has announced the general availability of LLM Observability integration with Google Cloud's Vertex AI platform in Elastic Observability. This new integration enables Site Reliability Engineers (SREs) to monitor and optimize AI deployments using Vertex AI models.
The integration provides comprehensive insights into various aspects of LLM performance, including:
- Cost tracking
- Token usage monitoring
- Error detection
- Prompt and response analysis
- Performance metrics
According to Santosh Krishnan, general manager of Observability and Security at Elastic, this integration delivers real-time anomaly detection and critical insights for performance optimization, helping teams identify bottlenecks and improve reliability in AI-powered applications.
Elastic (NYSE: ESTC) has been awarded two prestigious 2025 Google Cloud Partner of the Year Awards in the Artificial Intelligence category for Data Management & AI and Tooling. The recognition highlights Elastic's achievements in helping customers develop and deploy GenAI applications.
The partnership features key integrations with Google Cloud's embedding, reranking, and completion models. Notably, Elastic is set to become the first ISV integrated directly into Google Cloud's Vertex AI platform, enabling users to leverage Elastic's vector search capabilities for grounded Gemini models.
The collaboration extends to Elastic's implementation of Google Cloud's Gemini models in features like Elastic AI Assistants, Attack Discovery, and Automatic Import, designed to enhance efficiency for security analysts and SREs. The partnership emphasizes their shared commitment to AI innovation and customer success through practical, impactful solutions.
Elastic (NYSE: ESTC) has announced the general availability of Elastic Distributions of OpenTelemetry (EDOT), a comprehensive open distribution of the OpenTelemetry collector and SDKs for code instrumentation. The release aims to provide SREs and developers with a stable, production-tested OpenTelemetry ecosystem backed by enterprise-grade support.
According to EMA Research, while over 73% of IT decision-makers are using or planning to implement OpenTelemetry, lack of vendor support remains a major adoption barrier. EDOT addresses this challenge by offering production-ready OpenTelemetry with expert support, avoiding vendor lock-in and eliminating the need for schema conversion.
The solution is now available to all Elastic customers, featuring components like EDOT Java and EDOT Python.
Elastic (NYSE: ESTC) has expanded its partnership with Tines, integrating Tines Workflow Automation with the Elastic Search AI Platform to enhance security and observability workflow automation. The integrated solution combines security orchestration, automation and response (SOAR) with AI-driven security analytics.
The partnership addresses the challenge of managing overwhelming data, alerts, and issues requiring intervention in today's digital environment. Key benefits include:
- Faster issue resolution through connected systems and AI-powered workflows
- Increased operational efficiency with automated workflows
- Reduced costs through better incident mitigation
- Consistent execution of standardized procedures
Texas A&M System Cyber Operations has already implemented the solution across their network of 11 universities and eight state agencies, reporting improved detection and response times.
Elastic (NYSE: ESTC) has appointed Navam Welihinda as its new Chief Financial Officer, effective February 28, 2025. Welihinda will serve as the company's principal financial officer and principal accounting officer.
Welihinda joins from Grammarly, where he served as CFO overseeing corporate finance and development. His previous experience includes seven years at HashiCorp as CFO, where he helped scale the company through its IPO and drove profitable growth. He also held finance leadership roles at IBM and investment positions at Insight Venture Partners, American Capital Strategies, and Sierra Ventures.
The appointment aligns with Elastic's focus on its Search AI Platform and continued development in search, GenAI, observability, and security solutions. CEO Ash Kulkarni highlighted Welihinda's expertise in building multi-product, open source businesses and experience with consumption-based products as key assets for Elastic's next growth phase.
Elastic (NYSE: ESTC) reported strong Q3 fiscal 2025 results with total revenue reaching $382 million, up 17% year-over-year. Elastic Cloud revenue grew 26% to $180 million. The company posted a GAAP operating loss of $5 million with -1% margin, while non-GAAP operating income was $64 million with 17% margin.
Key metrics showed positive momentum with over 1,460 customers having Annual Contract Value above $100,000, and total subscription customers reaching approximately 21,350. The Net Expansion Rate was 112%.
For Q4 FY2025 guidance, Elastic expects revenue between $379-381 million, representing 13% year-over-year growth. Full fiscal 2025 revenue is projected at $1.474-1.476 billion, with 16% year-over-year growth and non-GAAP operating margin of 14.7%.
Elastic (NYSE: ESTC), the Search AI Company, has announced its upcoming participation in the Morgan Stanley Technology, Media & Telecom Conference. The presentation is scheduled for Wednesday, March 5, 2025 at 1:05 p.m. PT / 4:05 p.m. ET.
Investors and interested parties can access both the live webcast and a replay of the presentation through Elastic's Investor Relations page at ir.elastic.co.
