Elastic NV (NYSE:ESTC) — Market Cap & Net Worth
Market Cap & Net Worth: Elastic NV (ESTC)
Elastic NV (NYSE:ESTC) has a market capitalization of $6.52 Billion ($6.52 Billion) as of September 17, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #3006 globally and #1062 in its home market, demonstrating a -7.24% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Elastic NV's stock price $85.16 by its total outstanding shares 105372800 (105.37 Million). Also see balance sheet size of Elastic NV for a full breakdown of the balance sheet.
Elastic NV Market Cap History: 2018 to 2026
Elastic NV's market capitalization history from 2018 to 2026. Data shows growth from $7.53 Billion to $8.97 Billion (2.50% CAGR). Also see ESTC operating cash flow for how efficiently the company converts equity into cash flow.
Index Memberships
Elastic NV is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
ISE Cloud Computing
CPQ
|
$11.45 Trillion | 0.06% | #38 of 61 |
Weight: Elastic NV's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Elastic NV Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Elastic NV's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check Elastic NV (ESTC) share price today for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
5.36x
Elastic NV's market cap is 5.36 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2018 | $7.53 Billion | $159.94 Million | -$52.73 Million | 47.09x | N/A |
| 2019 | $6.78 Billion | $271.65 Million | -$102.30 Million | 24.94x | N/A |
| 2020 | $15.40 Billion | $427.62 Million | -$167.17 Million | 36.01x | N/A |
| 2021 | $12.97 Billion | $608.49 Million | -$129.43 Million | 21.32x | N/A |
| 2022 | $5.43 Billion | $862.37 Million | -$203.85 Million | 6.29x | N/A |
| 2023 | $11.88 Billion | $1.07 Billion | -$236.16 Million | 11.11x | N/A |
| 2024 | $10.44 Billion | $1.27 Billion | $61.72 Million | 8.24x | 169.16x |
| 2025 | $7.95 Billion | $1.48 Billion | -$108.11 Million | 5.36x | N/A |
Competitor Companies of ESTC by Market Capitalization
Companies near Elastic NV in the global market cap rankings as of September 17, 2026. Review ESTC goodwill-adjusted equity ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Elastic NV by market ranking:
- Shopify Inc (NYSE:SHOP): Ranked #107 globally with a market cap of $196.94 Billion USD.
- SAP SE (F:SAPA): Ranked #132 globally with a market cap of $173.28 Billion USD ( €148.21 Billion EUR).
- SAP SE (F:SAP): Ranked #138 globally with a market cap of $168.70 Billion USD ( €144.30 Billion EUR).
- Shopify Inc (TO:SHOP): Ranked #154 globally with a market cap of $159.51 Billion USD ( CA$220.50 Billion CAD).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #107 | Shopify Inc | NYSE:SHOP | $196.94 Billion | $161.08 |
| #132 | SAP SE | F:SAPA | $173.28 Billion | €185.50 |
| #138 | SAP SE | F:SAP | $168.70 Billion | €186.58 |
| #154 | Shopify Inc | TO:SHOP | $159.51 Billion | CA$180.80 |
Elastic NV Historical Marketcap From 2018 to 2026
Between 2018 and today, Elastic NV's market cap moved from $7.53 Billion to $ 8.97 Billion, with a yearly change of 2.50%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $8.97 Billion | +12.88% |
| 2025 | $7.95 Billion | -23.86% |
| 2024 | $10.44 Billion | -12.09% |
| 2023 | $11.88 Billion | +118.83% |
| 2022 | $5.43 Billion | -58.16% |
| 2021 | $12.97 Billion | -15.77% |
| 2020 | $15.40 Billion | +127.26% |
| 2019 | $6.78 Billion | -10.04% |
| 2018 | $7.53 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 16th, 2026 the market cap of Elastic NV was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $6.52 Billion USD |
| MoneyControl | $6.52 Billion USD |
| MarketWatch | $6.52 Billion USD |
| marketcap.company | $6.52 Billion USD |
| Reuters | $6.52 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Elastic NV
Elastic N.V., a search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally. It primarily offers Elastic's Search AI Platform, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization o… Read more