Layoff
Jun 2026Elastic announced an approximately 7% workforce reduction to simplify its organization and align investment with AI-driven changes; it expects $22 million-$25 million of related cash charges.
SourceCompany research
Public company, workplace, funding, and market signals
Updated Aug 5, 2026
Overview
Elastic is a public Search AI company that helps organizations search, analyze, observe, and secure data. Its platform combines Elasticsearch, Kibana, vector search, analytics, generative-AI capabilities, observability, and security products; Elastic says it serves thousands of organizations and more than 50% of the Fortune 500.
Primary product
The Elasticsearch Platform, centered on Elasticsearch (distributed search, vector database, and analytics engine) and Kibana, delivered through Elastic Cloud and Elastic Self-Managed, with Search & AI, Observability, and Security solutions.
Founded
2012
Headquarters
Registered office: Amsterdam, Netherlands; Elastic describes itself as distributed and has no principal executive office.
Team size
Approximately 4,000 employees as of April 30, 2026; 3,537 as of April 30, 2025.
Work style
Flexible
Industry
Enterprise software
Sub-industry
Search, observability, cybersecurity, data analytics, and AI infrastructure
Offices
Amsterdam, Netherlands
Mountain View, California, United States
Business model
Subscription software
Elastic Cloud Hosted and Serverless consumption/resource-based pricing
Free and paid self-managed software
Enterprise support and services
Open-source/community-led adoption funnel
Funding
Stage
Public company; IPO completed in 2018
Total raised
$104M
Latest round
IPO · Oct 2018
Latest amount
$252M
Oct 2018
May 2018
People & investors
Leadership
Ashutosh Kulkarni
Chief Executive Officer
Shay Banon
Founder and Chief Technology Officer
Navam Welihinda
Chief Financial Officer
Joanna Daly
Chief Human Resources and IT Officer
Mark Dodds
Chief Revenue Officer
Carolyn Herzog
Chief Legal Officer
Melissa Rigney
Chief Marketing Officer
Founders
Simon Willnauer
Co-founder
Steven Schuurman
Co-founder
Uri Boness
Co-founder
Investors
Work & culture
Elastic describes itself as distributed by design, with employees in more than 40 countries, over 100 nationalities, and remote, hybrid, and in-person roles. Its culture is rooted in open source, distributed collaboration, transparency, inclusion, and outcome-focused flexibility.
Work style
Flexible
Compensation
Elastic advertises competitive compensation, equity opportunities, and an employee stock purchase plan; detailed role-by-role compensation and sponsorship depend on location and job.
Benefits
Health coverage
Emotional support and well-being resources
Paid time off
Parental and caregiving benefits
Retirement plans with company match
Equity opportunities
Employee stock purchase plan
Workspace reimbursement at joining and every five years
40 hours annual volunteer time off
Donation matching up to $2,000 annually
Product & market
Pricing
Primarily resource-based subscription pricing for Elastic Cloud; tiered cloud offerings; free and paid capabilities for self-managed downloads; enterprise terms vary by deployment and features.
Differentiators
- —Single platform spanning search/AI, observability, and security
- —Elasticsearch combines distributed search, analytics, and vector search
- —Cloud Hosted, Serverless, and self-managed deployment choices
- —Open-source-origin development model and broad developer ecosystem
- —Integrations with major hyperscalers and AI ecosystem providers
- —Large installed base and use by more than half of the Fortune 500
Technology
Elasticsearch
Kibana
Vector search
Scale & contact
Estimated revenue
Approximately $1.7B-$2.0B annually: FY2026 reported revenue was $1.739B and FY2027 guidance was $1.985B-$2.000B.
Signals & risks
Other
Jun 2026Chief Product Officer Ken Exner announced his resignation, effective July 17, 2026; senior engineering leadership was to report directly to the CEO.
SourceAcquisition
Nov 2023Opster was identified as Elastic's most recent acquisition in the available acquisition records; other notable acquisitions include Endgame, Swiftype, Opbeat, Prelert, Insight.io, Optimyze, Cmd, and build.security.
Latest news
The Register · Jun 2026
Independent coverage contextualized the workforce reduction, reported 4,019 employees in the latest 10-K, and discussed the OpenSearch licensing history.
Elastic Blog · Jun 2026
Elastic announced a 7% workforce reduction, engineering reorganization, and continued hiring in selected strategic areas.
Stock Titan / SEC filing coverage · Jun 2026
Coverage of Elastic's FY2026 filing reported approximately 24,000 customers, subscription-led revenue, and competitive and macroeconomic risks.
Elastic Investor Relations · May 2026
FY2026 revenue reached $1.739 billion, up 17%, with $1.634 billion from subscriptions; FY2027 revenue guidance was $1.985B-$2.000B.
Open Positions
232 jobs at Elastic
Software Engineer II - Platform Infrastructure (Orchestration)
On-site
Platform - Control Plane
Norway
Today
On-site
Full-time