Elastic Beats Expectations in Third Quarter 2025 Earnings
Elastic's third quarter 2025 earnings have beaten analyst estimates, with revenue growing 17% year-over-year to US$382.1m. The company reported a net loss of US$17.1m, down from a profit of US$176.1m in the same period last year, resulting in a significant decline in earnings per share. Elastic's shares have surged 9.4% over the past week.
- This unexpected turnaround highlights the resilience of the company despite facing intense competition and technological changes in the software industry.
- Will Elastic's ability to sustain this growth trajectory be hindered by its lack of profitability, or will it be able to turn a profit soon?