Elastic NV’s Revenue by Region (2017-2023)

This statistic highlights Elastic NV’s Revenue by Region, split across United States and Rest of world, reported annually.

Elastic NV’s Revenue by Region

The table below shows the Elastic NV’s Revenue by Region historically.

(All the figures are in millions, except percentages.)

(NOTE: Other than the United States, no other individual country exceeded 10% or more of total revenue during the periods presented)

According to the given data, The total revenue of Elastic NV has increased very systematically and with an exponential force. Total revenue increased from $271.65 million in the year 2017 to $427.62 million in the year 2020, marking a percentage growth of 57%. Furthermore, the total revenue increased from $427.62 million in the year 2020 to $608.49 million in the year 2021, marking a percentage growth of 42%.

Rest of the World

Total revenue generated from the region Rest of world can be seen increasing at a notable growth trend annually. The total revenue generated from this region increased from $115.72 million in the year 2019 to $185.97 million in the year 2020, marking an exponential percentage annual growth of 61%. Also, the total revenue generated from this region increased gradually from $185.97 million in the year 2020 to $276.72 million in the year 2021, marking a percentage annual growth of 49%. Further, 45% of the total revenue is generated from the Rest of world region in the year 2021.

United States

Total revenue generated from the region United States can be seen increasing in a systematic trend annually. The total revenue generated from this region increased from $155.94 million in the year 2019 to $241.65 million in the year 2020, marking a percentage annual growth of 55%. Also, the total revenue increased notably from $241.65 million in the year 2020 to $331.77 million in the year 2021, marking a percentage annual growth of 37%. Moreover, 55% of the total revenue is generated from the United States region in the year 2021.

About the Company

Elastic NV is a Dutch – American company that was founded in 2012 in Amsterdam, the Netherlands and was previously known as Elasticsearch. It is a search company that builds self-managed and SaaS offerings for search, logging, security, observability, and analytics use cases.

The company develops the Elastic Stack—Kibana, Elasticsearch, Logstash, and Beats—previously known as the ELK Stack, Elastic Cloud Enterprise (ECE), Elastic Cloud (a family of SaaS offerings including the Elasticsearch Service), and free and paid proprietary features (formerly called X-Pack).

Elasticsearch technology is used by Wikipedia, eBay, Yelp, Uber, Lyft, Tinder, and Netflix. Elasticsearch is further applied in use cases such as site search, application search, logging, enterprise search, infrastructure monitoring, business analytics, security analytics (also used to augment SIEM applications), and application performance management. The Elasticsearch meetup community aggregates more than 100,000 members. Elastic is listed on the NYSE under the ticker ESTC.

The Elastic Stack is primarily comprises of the following products:

• Elasticsearch – It is the heart of the Elastic Stack. It is a real-time search, distributed and analytics engine and datastore for all types of data, including numerical, textual, structured, geospatial, and unstructured.
• Kibana – It is the consumer interface for the Elastic Stack. 

The Elastic Stack further assist in data ingest with the following supporting products:

• Logstash – It is a dynamic data processing pipeline for ingesting data into Elasticsearch or other storage systems from a multitude of sources simultaneously.
• Beats – It is the family of single-purpose, lightweight data shippers for sending data from edge machines to Elasticsearch or Logstash.
• Elastic Agent – It is, currently in beta, is a single, unified way to add monitoring for logs, metrics, and other types of data to each host. 

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