Elastic N.V.

MUN:3E1 Stock Report

Market Cap: €7.2b

Elastic Management

Management criteria checks 3/4

Elastic's CEO is Ash Kulkarni, appointed in Jan 2022, has a tenure of 4.58 years. total yearly compensation is $14.35M, comprised of 4.4% salary and 95.6% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth €13.22M. The average tenure of the management team and the board of directors is 3.7 years and 7 years respectively.

Key information

Ash Kulkarni

Chief executive officer

US$14.3m

Total compensation

CEO salary percentage4.36%
CEO tenure4.6yrs
CEO ownership0.2%
Management average tenure3.7yrs
Board average tenure7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ash Kulkarni's remuneration changed compared to Elastic's earnings?
DateTotal CompensationSalaryCompany Earnings
Apr 30 2026n/an/a

US$368m

Jan 31 2026n/an/a

-US$85m

Oct 31 2025n/an/a

-US$109m

Jul 31 2025n/an/a

-US$83m

Apr 30 2025US$14mUS$625k

-US$108m

Jan 31 2025n/an/a

-US$133m

Oct 31 2024n/an/a

US$60m

Jul 31 2024n/an/a

US$61m

Apr 30 2024US$12mUS$600k

US$62m

Jan 31 2024n/an/a

US$56m

Oct 31 2023n/an/a

-US$193m

Jul 31 2023n/an/a

-US$215m

Apr 30 2023US$14mUS$600k

-US$236m

Jan 31 2023n/an/a

-US$255m

Oct 31 2022n/an/a

-US$239m

Jul 31 2022n/an/a

-US$239m

Apr 30 2022US$18mUS$531k

-US$204m

Jan 31 2022n/an/a

-US$182m

Oct 31 2021n/an/a

-US$163m

Jul 31 2021n/an/a

-US$145m

Apr 30 2021US$10mUS$165k

-US$129m

Compensation vs Market: Ash's total compensation ($USD14.35M) is above average for companies of similar size in the German market ($USD2.73M).

Compensation vs Earnings: Ash's compensation has been consistent with company performance over the past year.

CEO

Ash Kulkarni (50 yo)

4.6yrs
Tenure
US$14,348,734
Compensation

Mr. Ashutosh Kulkarni, also known as Ash, is Chief Executive Officer & Director of Elasticsearch B.V. Mr. Kulkarni serves as Director at Genesys Cloud Services, Inc. He has been Chief Executive Officer of...

Leadership Team

NamePositionTenureCompensationOwnership
Ashutosh Kulkarni
CEO & Executive Director4.6yrsUS$14.35m0.18%
€ 13.2m
Shay Banon
Co-Founder4.6yrsUS$4.69m6.11%
€ 437.8m
Navam Welihinda
Chief Financial Officer1.5yrsUS$9.95m0.011%
€ 814.0k
Mark Dodds
Chief Revenue Officer2.7yrsUS$5.44m0.030%
€ 2.2m
Uri Boness
Founderno datano datano data
Simon Willnauer
Founderno datano datano data
Jane Bone
Group Vice President & Chief Accounting Officer1.2yrsno datano data
Carolyn Herzog
Chief Legal Officer & Corporate Secretary4.3yrsUS$8.91m0.040%
€ 2.9m
Joanna Daly
Chief Human Resources & IT Officer3.1yrsno datano data
Kevin Kluge
Senior Vice President of Engineering9.4yrsUS$1.86mno data
Janice Oh
Investor Relations Executiveno datano datano data
3.7yrs
Average Tenure
56.5yo
Average Age

Experienced Management: 3E1's management team is considered experienced (3.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ashutosh Kulkarni
CEO & Executive Director4.4yrsUS$14.35m0.18%
€ 13.2m
Shay Banon
Co-Founder14.1yrsUS$4.69m6.11%
€ 437.8m
Paul Auvil
Independent Director2.8yrsUS$267.47k0.034%
€ 2.4m
Caryn Marooney
Independent Non-Executive Director7.3yrsUS$239.98k0.014%
€ 968.8k
Shelley Leibowitz
Independent Non-Executive Director4.8yrsUS$249.98k0.0079%
€ 568.3k
Steven Schuurman
Co-Founder & Independent Non-Executive Director14.1yrsUS$35.00k5.78%
€ 413.9m
Chetan Puttagunta
Independent Chairman & Lead Independent Director9.6yrsUS$275.98k0.010%
€ 739.5k
Alison Gleeson
Independent Non-Executive Director6.6yrsUS$250.45k0.0089%
€ 637.0k
7.0yrs
Average Tenure
54yo
Average Age

Experienced Board: 3E1's board of directors are considered experienced (7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/26 04:03
End of Day Share Price 2026/05/29 00:00
Earnings2026/04/30
Annual Earnings2026/04/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Elastic N.V. is covered by 34 analysts. 29 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shrenik KothariBaird
Raimo LenschowBarclays
William Kingsley CraneBerenberg