cust.co / Companies / Elastic (ESTC)

Elastic NRR

Net Revenue Retention history for Elastic (ESTC) - AI Infrastructure, Public stage. Sourced from SEC filings and earnings releases.

Latest NRR · FY2026-Q3
112%
All-time peak
112%
FY2024-Q2
All-time low
112%
FY2024-Q2
Disclosures tracked
7
since FY2024-Q2
QoQ flat
YoY flat

NRR vs GRR over time

0%32%64%97%129% FY2024-Q2FY2025-Q2FY2025-Q3FY-2025FY2026-Q1FY2026-Q2FY2026-Q3 Retention NRR (incl. expansion) GRR (excl. expansion) NRR - FY2024-Q2: 112% NRR - FY2025-Q2: 112% NRR - FY2025-Q3: 112% NRR - FY-2025: 112% NRR - FY2026-Q1: 112% NRR - FY2026-Q2: 112% NRR - FY2026-Q3: 112% GRR - FY2024-Q2: 0% GRR - FY2025-Q2: 0% GRR - FY2025-Q3: 0% GRR - FY-2025: 0% GRR - FY2026-Q1: 0% GRR - FY2026-Q2: 0% GRR - FY2026-Q3: 0%

Gross Retention excludes expansion - it shows pure churn / contraction loss. The gap between NRR and GRR is the expansion lift.

Currently at all-time peak NRR of 112%.

Elastic is above the AI Infrastructure Public median by +18pp (cell median: 94%)

What the data shows

Elastic (ESTC) is a ai infrastructure company at the public stage. As of its most recent disclosure (FY2026-Q3), Elastic reported a Net Revenue Retention rate of 112% - a mid-pack result for B2B SaaS at this segment.

Elastic is currently at or near its all-time NRR peak.

Within its peer set (ai infrastructure companies at public stage in the $100k-$500k acv band), Elastic's NRR is meaningfully above the cell median of 94%. Compare against the full peer cell aggregate for distribution and top performers.

Customer mix

Total customers
21,550
2025-07-31
Over $100K ARR
1,660
2026-01-31
Over $1M ARR
-
US revenue mix
53%
2026-01-31
Top-10 concentration
-
Average ACV
-

Commercial structure

Contract shape and forward-booked revenue.

Multi-year contracts
-
Avg contract length
-
RPO (total)
$1.7B
2026-01-31
cRPO (next 12mo)
$1.1B
2026-01-31
New customers added
40
2025-07-31
Subscription rev mix
95%
2026-01-31

Customer flow

Logo flow per period (count-side complement to dollar-based NRR).

New customers added
40
2025-07-31
Lost customers
-

Scale & headcount

Revenue, ARR, and team-size denominators for the productivity ratios.

Revenue (period)
$450M
2026-01-31
Total ARR
-
ARR growth (YoY)
16%
2025-10-31
AE headcount
-
Total employees
3,921
2026-01-31

RPO duration breakdown

Forward-booked revenue by maturity. Renewal pipeline visibility.

Next 12 months
$1.1B
2026-01-31
13–24 months
$413M
2026-01-31
Over 24 months
$182M
2026-01-31
Total RPO
$1.7B
2026-01-31

The post-sales motion

Pricing model
consumption
Renewal cadence
annual
CS team size
-
Customers per CSM
-

Support tiers: Standard · Monthly Elastic Cloud · Elastic Cloud Serverless

CS team segments: Enterprise · Strategic · Mid-market

CSM model: account-named

Education programs: Elasticon

What Elastic is doing

Named CS initiatives across recent disclosures (newest first).

What they're working through

Challenges acknowledged by management. Useful peer signals - your team is probably not alone.

What execs say about post-sales

Curated quotes about customer outcomes, retention, renewals.

"Our GenAI momentum is something that we feel really, really good about. The customer adoption has been strong."
Ash Kulkarni, CEO (Q&A)
"Approximately 80% of our annual recurring revenue comes from $100,000 annual contract value customers."
Navam Welihinda, CFO (Prepared Remarks)

Competitive dynamics

Compare Elastic to peers

Side-by-side NRR, customer cohorts, commercial structure, and CS motion.

Featured in these rankings

Elastic appears on 1 of our retention leaderboards.

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Every disclosure

Period NRR GRR Source type Filing
FY2026-Q3 112% - 10-Q-mdna source ↗
FY2026-Q2 112% - 10-Q-mdna source ↗
FY2026-Q1 112% - 10-Q-mdna source ↗
FY-2025 112% - 10-K source ↗
FY2025-Q3 112% - earnings-call-transcript source ↗
FY2025-Q2 112% - earnings-call-transcript source ↗
FY2024-Q2 112% - earnings-call-transcript source ↗
Last verified disclosure: 2026-01-31 · Report an inaccuracy → · How we verify →

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