v3.25.2

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Jul. 31, 2025	Jul. 31, 2024
Revenue
Total revenue	$ 415,288	$ 347,420
Cost of revenue
Total cost of revenue	96,746	91,757
Gross profit	318,542	255,663
Operating expenses
Research and development	109,122	89,332
Sales and marketing	174,054	157,357
General and administrative	44,806	42,673
Restructuring and other related charges	0	139
Total operating expenses	327,982	289,501
Operating loss	(9,440)	(33,838)
Interest expense	(6,351)	(6,526)
Other income, net	15,782	11,208
Loss before income taxes	(9)	(29,156)
Provision for income taxes	24,594	20,071
Net loss	$ (24,603)	$ (49,227)
Net loss per share attributable to ordinary shareholders, basic (in dollars per share)	$ (0.23)	$ (0.48)
Net loss per share attributable to ordinary shareholders, diluted (in dollars per share)	$ (0.23)	$ (0.48)
Weighted-average shares used to compute net loss per share attributable to ordinary shareholders, basic (in shares)	105,961,879	102,284,435
Weighted-average shares used to compute net loss per share attributable to ordinary shareholders, diluted (in shares)	105,961,879	102,284,435
Subscription
Revenue
Total revenue	$ 388,583	$ 323,774
Cost of revenue
Total cost of revenue	69,418	68,347
Services
Revenue
Total revenue	26,705	23,646
Cost of revenue
Total cost of revenue	$ 27,328	$ 23,410

The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2)(d))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479941/924-10-S99-1

Elastic N.V. 10-Q