Elastic N.V. (ESTC)
Distributed search and security software company. Read November 8, 2026 from the annual report for the period ending April 30, 2026, filed June 8, 2026. Ranked 53 of the 238 Technology companies read so far, by the share within reach now.
Within reach now
51%
projected from METR's April 2026 measurement and Epoch's November 2026 index
End of 2028
73%
Employees, annual report
4,019
Leading staffing pattern
Software Publishers
Share of the working time within reach, long-run pace, four times in five
Now is projected from METR's April 2026 measurement and Epoch's November 2026 index.
- Now51%
- End of 202768%
- End of 202873%
- End of 203075%
What changes for its people by the end of 2028, by its industries' figures
- Stays with people 25%
- Becomes checking a model's work 63%
- Handed over with lighter checks 10%
Elastic states 4,019 employees in over 40 countries, a distributed software company read whole at software publishers; no count by country or kind of work.
The figures on this page come from the company's own annual report and from BLS staffing patterns for its industries, never from a roster. They are estimates with a stated method. Nothing here says what the company will do: within reach is not a forecast of jobs lost or of savings.
What follows from the reading
Share of working time within reach of AI, on the long-run pace at four in five: 51% now, 68% at the end of 2027, 73% at the end of 2028, 75% at the end of 2030. By the patterns, the work is about 75% desk work, 23% people work and 2% body work. These are the site's industry estimates weighted by the shares below: estimates with a stated method and range, not a forecast of what the company will do. By the same patterns, at the end of 2028 about 25% of the working time stays with people (conversation, in-person and hands-on work), 63% becomes checking a model's work and 10% could be handed over with lighter checks, from the industries' own figures, not the company's roles.
Headcount
4,019 employees as of April 30, 2026 (stated). The filing states employees in over 40 countries and no count by country; the data service shows 54% of revenue in the United States.
The filing: “As of April 30, 2026, we had a total of 4,019 employees in over 40 countries globally.”
The workforce as industry patterns
| Pattern | Share | Reason, from the filing |
|---|---|---|
| Software Publishers | 100% | By description (c): a distributed search, observability and security software company whose 4,019 employees sell subscriptions (94% of revenue) and services, read whole at software publishers, NAICS 5132. |
What the filing says about the workforce: 4,019 employees in over 40 countries, distributed by design with no principal executive office; no U.S. union representation, works councils or industry-wide agreements in some countries; fiscal year ends April 30.
Companies read with the same leading pattern
Other companies whose largest staffing pattern is also Software Publishers, largest first, each read from its own annual report. Within reach now and at the end of 2028, long-run pace, four in five. Now is projected from METR's April 2026 measurement and Epoch's November 2026 index.
- Microsoft (MSFT, 223,000 employees)51% now, 73% by 2028
- Oracle (ORCL, 141,000 employees)51% now, 73% by 2028
- Salesforce, Inc. (CRM, 83,334 employees)51% now, 73% by 2028
- Uber Technologies, Inc. (UBER, 34,000 employees)52% now, 71% by 2028
- DoorDash, Inc. (DASH, 31,400 employees)52% now, 71% by 2028
- Adobe Inc. (ADBE, 31,360 employees)51% now, 73% by 2028
- ServiceNow, Inc. (NOW, 29,187 employees)51% now, 73% by 2028
- Synopsys, Inc. (SNPS, 28,000 employees)51% now, 73% by 2028
What the filing says about AI
134 sentences in the filing name AI. The filing names AI in 134 sentences: its AI initiatives and the competition it faces in the AI landscape, uncertain market understanding and valuation of AI and machine learning, ethical and regulatory issues in using AI in its offerings, and risks from the use of AI by its own workforce.
- “Forward-looking statements contained in this Annual Report on Form 10-K include, but are not limited to, statements about: our business strategy and our plan to build our business; the impact of macroeconomic conditions, including declining rates of economic growth, inflationary pressures, changing interest rates, changes in U.S. federal spending, evolving international trade policies and envir...”
- “Our business, reputation, or financial results may be adversely affected by any failure by us to be successful in our AI initiatives, by significant competition we face in the AI landscape, and by uncertain market understanding and valuation of AI and machine learning technologies, and ethical and regulatory issues relating to the use of AI in our offerings may result in new or enhanced governm...”
- “The use of AI by our workforce may present risks to our business.”
- “Business Overview Elastic, the Search AI Company, enables its customers to transform data into answers, actions, and outcomes with Search AI.”
- “AI, on the other hand, excels at analyzing complex patterns and generating insights, but it lacks the ability to find and access specific information within vast data stores.”
Its annual reports, year by year
Sentences naming AI in each annual report, counted by one rule, beside the median report in the Index that year. Each count links its filing. Every company, by year and sector
- Fiscal 20213median 0
- Fiscal 202215median 0
- Fiscal 202351median 1
- Fiscal 202473median 4
- Fiscal 2025134median 10
Headcount by filing year
As reported in each year's annual report, with the filing. A year marked not read had no figure the reading could take from the report's text.
| Period | Employees | Filed | Filing |
|---|---|---|---|
| 2026-04-30 | 4,019 | 2026-06-08 | 10-K |
| 2025-04-30 | 3,537 | 2025-06-10 | 10-K |
| 2024-04-30 | 3,187 | 2024-06-14 | 10-K |
| 2023-04-30 | 2,886 | 2023-06-16 | 10-K |
| 2022-04-30 | 2,978 | 2022-06-21 | 10-K |
| 2021-04-30 | 2,179 | 2021-06-25 | 10-K |
| 2020-04-30 | 635 | 2020-06-26 | 10-K |
| 2019-04-30 | 458 | 2019-06-28 | 10-K |
Limits of this reading
- No count by country is stated; the U.S. share is left null.
Source: the company's annual report on EDGAR, accession 0001707753-26-000018, the filing. Read by Claude Fable 5.1 under rubric version 1, by the method. A company can write to info@stratussc.com to have its reading checked against its filing.
The report on Elastic N.V., $29
This page as a document to keep, with what it does not show: the share within reach at every date on three paces and two reliabilities, a typical workforce of this shape at the stated headcount role by role and task by task (the industries' staffing, never the company's roster), where to start, what changes for the people and what they would learn, every sentence in the filing that names AI, the headcount by year, the companies read with the same leading pattern, the method and a citation line. To print or save as a PDF, open again in your browser for a year.
See the report, $29See the sample first: Walmart's report is free
Questions about this company
- How much of Elastic N.V.'s working time is within reach of AI?
- An estimated 51% now and 73% by the end of 2028, on METR's long-run pace at four in five, from the workforce Elastic N.V.'s own annual report describes and BLS staffing patterns for its industries, never from a roster. It is an estimate with a stated method. It is not a forecast of jobs lost or of savings, and it says nothing about what the company will do.
- How many people does Elastic N.V. employ?
- 4,019 as of April 30, 2026, as its annual report for the period ending April 30, 2026 states.
- What kinds of work make up Elastic N.V.'s workforce?
- Read from its annual report as a blend of 1 industry staffing pattern, the largest Software Publishers; by those patterns the work is about 75% desk work, 23% people work and 2% body work. Each share has a one-sentence reason on this page that can be checked against the filing.
- What does Elastic N.V.'s annual report say about AI?
- 134 sentences in the filing name AI. Its annual reports for fiscal 2021 to 2025 name it in 3, 15, 51, 73 and 134 sentences, year by year. They are counted and quoted on this page, never judged: a count says how much a filing talks about AI, not what the company does with it.
- How is this estimated?
- Claude Fable 5.1 read the annual report under the Index's written rubric (version 1) on November 8, 2026: the stated headcount, the share in the U.S. when stated, and the workforce as a blend of industry staffing patterns. The estimates are the site's industry estimates weighted by those shares, from O*NET tasks with estimated lengths and METR's measurements of how long a task AI models can finish. A company can write to info@stratussc.com to have its reading checked against its filing.
Embed these figures on your site
A small card with the share of working time within reach now and at the end of 2027, 2028 and 2030, the date and a link back. Free under CC BY 4.0; the card carries the credit.