Elastic Management
Management criteria checks 4/4
Elastic's CEO is Ash Kulkarni, appointed in Jan 2022, has a tenure of 2.92 years. total yearly compensation is $12.47M, comprised of 4.8% salary and 95.2% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $11.69M. The average tenure of the management team and the board of directors is 2.1 years and 4.9 years respectively.
Key information
Ash Kulkarni
Chief executive officer
US$12.5m
Total compensation
| CEO salary percentage | 4.8% |
| CEO tenure | 2.9yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2.1yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
Elastic: Caution Is Warranted
Dec 11Shareholders Will Be Pleased With The Quality of Elastic's (NYSE:ESTC) Earnings
Dec 07
Is Now An Opportune Moment To Examine Elastic N.V. (NYSE:ESTC)?
Nov 25Elastic Q2 Earnings: A Bullish Case For Growth And Profitability
Nov 22Elastic N.V.'s (NYSE:ESTC) Shareholders Might Be Looking For Exit
Nov 04Elastic: This Is A Dip Worth Buying (Rating Upgrade)
Oct 19Elastic: Long-Term Opportunity And An Enhanced Strategy For Extra Income
Sep 25Are Investors Undervaluing Elastic N.V. (NYSE:ESTC) By 35%?
Sep 22Elastic: Is That Elusive Growth Inflection Within View?
Sep 18Elastic Q1 Earnings: Stretched To Breaking (Rating Downgrade)
Aug 30What Does Elastic N.V.'s (NYSE:ESTC) Share Price Indicate?
Aug 10Elastic N.V. (NYSE:ESTC) Not Lagging Industry On Growth Or Pricing
Jul 19Elastic: Impressive Acceleration, But Strength Is Already Priced In
Jul 06We Think Elastic's (NYSE:ESTC) Robust Earnings Are Conservative
Jun 07Elastic: Generative AI Opportunity Awaits
Jun 03Elastic N.V. (NYSE:ESTC) Shares Could Be 25% Below Their Intrinsic Value Estimate
May 31Health Check: How Prudently Does Elastic (NYSE:ESTC) Use Debt?
May 10The Price Is Right For Elastic N.V. (NYSE:ESTC)
Apr 17Elastic: Chasing The Narrative
Apr 01When Should You Buy Elastic N.V. (NYSE:ESTC)?
Mar 27Elastic: GenAI Tailwinds Will Take Awhile To Manifest; Valuation Is Already Full
Mar 04Elastic: Expectations And Competition Intensify Before Earnings
Feb 23Is Elastic (NYSE:ESTC) Using Debt In A Risky Way?
Feb 06Elastic's Bullish Turn: Anticipate 65% YoY Profitability Surge In 2025
Jan 12Why Elastic's Recent Earnings Beat Doesn't Mean It's Time To Buy
Dec 15Elastic: A Solid Buy For The Age Of Data Despite Premium Valuation
Nov 29Elastic: Steady Investment In Unsteady Times
Nov 01Elastic: Improved Sentiment May Not Be Justified
Oct 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2024 | n/a | n/a | US$60m |
| Jul 31 2024 | n/a | n/a | US$61m |
| Apr 30 2024 | US$12m | US$600k | US$62m |
| Jan 31 2024 | n/a | n/a | US$56m |
| Oct 31 2023 | n/a | n/a | -US$193m |
| Jul 31 2023 | n/a | n/a | -US$215m |
| Apr 30 2023 | US$14m | US$600k | -US$236m |
| Jan 31 2023 | n/a | n/a | -US$255m |
| Oct 31 2022 | n/a | n/a | -US$239m |
| Jul 31 2022 | n/a | n/a | -US$239m |
| Apr 30 2022 | US$18m | US$531k | -US$204m |
| Jan 31 2022 | n/a | n/a | -US$182m |
| Oct 31 2021 | n/a | n/a | -US$163m |
| Jul 31 2021 | n/a | n/a | -US$145m |
| Apr 30 2021 | US$10m | US$165k | -US$129m |
Compensation vs Market: Ash's total compensation ($USD12.47M) is about average for companies of similar size in the US market ($USD12.85M).
Compensation vs Earnings: Ash's compensation has been consistent with company performance over the past year.
CEO
Ash Kulkarni (49 yo)
2.9yrs
Tenure
US$12,467,850
Compensation
Mr. Ashutosh Kulkarni, also known as Ash, has been Chief Executive Officer of Elastic N.V. since January 2022 and serves as its Executive Director since March 09, 2022 and was its Chief Product Officer sin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.9yrs | US$12.47m | 0.11% $ 11.7m | |
| Co-Founder & Independent Non-Executive Director | no data | US$35.00k | 5.79% $ 622.2m | |
| Co-Founder | 2.9yrs | US$4.01m | 6.68% $ 716.9m | |
| Chief Product Officer | 2.3yrs | US$5.26m | 0.055% $ 5.9m | |
| Chief Revenue Officer | less than a year | US$12.30m | 0.010% $ 1.1m | |
| Founder | no data | no data | no data | |
| Founder | no data | no data | no data | |
| Interim Chief Financial Officer & Principal Accounting Officer | no data | no data | 0.0017% $ 182.6k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Legal Officer & Corporate Secretary | 2.6yrs | US$8.91m | 0.015% $ 1.6m | |
| Chief Marketing Officer | 1.8yrs | no data | no data | |
| Chief Human Resources Officer | 1.4yrs | no data | no data |
2.1yrs
Average Tenure
49yo
Average Age
Experienced Management: ESTC's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.8yrs | US$12.47m | 0.11% $ 11.7m | |
| Co-Founder & Independent Non-Executive Director | 12.4yrs | US$35.00k | 5.79% $ 622.2m | |
| Co-Founder | 12.4yrs | US$4.01m | 6.68% $ 716.9m | |
| Independent Non-Executive Vice-Chairman | 2.4yrs | US$242.65k | 0.0057% $ 612.1k | |
| Independent Director | 1.2yrs | US$235.71k | 0.022% $ 2.3m | |
| Independent Non-Executive Director | 5.7yrs | US$239.89k | 0.011% $ 1.2m | |
| Independent Non-Executive Director | 3.2yrs | US$249.89k | 0.0054% $ 577.7k | |
| Independent Chairman & Lead Independent Director | 7.9yrs | US$275.79k | 0.0078% $ 835.4k | |
| Independent Non-Executive Director | 4.9yrs | US$249.99k | 0.0063% $ 681.9k |
4.9yrs
Average Tenure
56yo
Average Age
Experienced Board: ESTC's board of directors are considered experienced (4.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 03:09 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/04/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Elastic N.V. is covered by 30 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shrenik Kothari | Baird |
| Ishan Majumdar | Baptista Research |
| Raimo Lenschow | Barclays |