Elastic Income Statement

Financials in millions USD. Fiscal year is May - April.

Millions USD. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Revenue	1,677	1,483	1,267	1,069	862.37	608.49
Revenue Growth (YoY)	17.29%	17.04%	18.55%	23.96%	41.72%	42.30%
Cost of Revenue	403	379.87	330.08	296.63	232.19	161.05
Gross Profit	1,274	1,103	937.24	772.36	630.18	447.44
Selling, General & Admin	876.84	792.36	720.28	646.78	530.1	377.71
Research & Development	426.33	365.76	341.95	313.45	273.76	199.2
Other Operating Expenses	-	0.23	4.92	31.3	-	-
Total Operating Expenses	1,303	1,158	1,067	991.54	803.86	576.91
Operating Income	-29.09	-54.92	-129.9	-219.17	-173.68	-129.48
Interest Expense	-24.74	-25.31	-26.13	-25.16	-20.72	-0.19
Other Non-Operating Income (Expense)	56.59	48.66	33.28	27.45	-3.39	7.95
Total Non-Operating Income (Expense)	31.85	23.35	7.15	2.3	-24.11	7.76
Pretax Income	2.76	-31.57	-122.76	-216.88	-197.79	-121.71
Provision for Income Taxes	87.28	76.55	-184.48	19.28	6.06	7.72
Net Income	-84.52	-108.11	61.72	-236.16	-203.85	-129.43
Net Income to Common	-84.52	-108.11	61.72	-236.16	-203.85	-129.43
Shares Outstanding (Basic)	106	104	100	96	93	87
Shares Outstanding (Diluted)	106	104	104	96	93	87
Shares Change (YoY)	3.14%	-0.31%	8.62%	3.44%	6.12%	10.67%
EPS (Basic)	-0.80	-1.04	0.62	-2.47	-2.20	-1.48
EPS (Diluted)	-0.80	-1.04	0.59	-2.47	-2.20	-1.48
Shares Outstanding	104.15	105.54	101.71	97.37	94.17	90.53
Free Cash Flow	266.86	261.82	145.31	32.98	3.19	18.63
Free Cash Flow Growth	1.92%	80.18%	340.63%	934.77%	-82.90%	-
Free Cash Flow Per Share	2.52	2.53	1.40	0.34	0.03	0.21
Gross Margin	75.97%	74.39%	73.95%	72.25%	73.08%	73.53%
Operating Margin	-1.73%	-3.70%	-10.25%	-20.50%	-20.14%	-21.28%
Profit Margin	-5.04%	-7.29%	4.87%	-22.09%	-23.64%	-21.27%
FCF Margin	15.91%	17.65%	11.47%	3.08%	0.37%	3.06%
EBITDA	-18.18	-42.61	-111.9	-198.94	-153.95	-112.24
EBITDA Margin	-1.08%	-2.87%	-8.83%	-18.61%	-17.85%	-18.45%
EBIT	-29.09	-54.92	-129.9	-219.17	-173.68	-129.48
EBIT Margin	-1.73%	-3.70%	-10.25%	-20.50%	-20.14%	-21.28%
Effective Tax Rate	3159.92%	-242.47%	150.28%	-8.89%	-3.06%	-6.34%

Updated Feb 27, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q