On this page of Benford's Law Stocks.com we present our study of Elastic N.V. — ticker symbol ESTC. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 9/10/2019 to 6/14/2024 for Elastic N.V. under CIK number 0001707753. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for ESTC, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Elastic N.V. based on the past ESTC filings our system processed in the past.
29.1
21.7
11.4
7.3
6.9
8.3
4.9
4.5
5.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, ESTC stockholder letter ]
Total numbers found: 981
Recent share count: 100,800,000 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
981
High count compared to other filers, with ESTC falling in the highest quartile of filers. At this number count, it would take about 10 numbers to move any given column by a full percentage point.
73

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 2's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 2's percentage was above the company's typical historical range.
 • We deducted point upon observing the 4's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 4's percentage was below the company's typical historical range.
 • We deducted point upon observing the 5's percentage was below the company's typical historical range.
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the company's typical historical range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the typical coverage universe range.
Benford's Law Stocks Indicator
ESTC
Normal-to-low score compared to other filers, falling within the bottom of the middle 50%.
DNMR
EB
FNB
HPP
DOUG
ESBA
EXR
GRBK
Check our work! We provide our Elastic N.V. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the ESTC filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 285 numbers that start with the digit 1. Here they are:
101,715,185
1,530,897
1,274,280
19,997
114,509
1,743,482
12,187
12,749
12,898
13,942
12,233
1,504,381
1,344,585
165,000,000
165,000,000
101,705,935
1,070
1,024
1,750,729
1,471,584
1,053,327
1,743,482
1,176,606
1,267,321
1,068,989
178,204
160,628
143,247
123,441
1,067,144
129,902
173,680
122,756
197,789
184,476
19,284
103,980,132
1,728
105
1,814
10,025
1,623
1,885
10,025
1,071,675
1,266
1,266
1,077,642
13
13
140,799
140,799
10,025
10,025
1,250,108
18,130
1,127,036
12
17,459
17,471
1,885
1,885
1,024
1,471,584
1,053,327
1,292,375
14
19,131
19,135
1,623
1,623
101,705,935
1,070
1,750,729
17,999
19,728
1,069
1,023
11,010
10,880
140,612
1,930
1,386
1,984
119,834
102,017
1,323
1,906
18,144
17,357
17,775
12,391
11,405
134,595
148,762
19,100
119,854
127,271
19,135
17,471
17,471
103,551
12,995
11,581
14,000
13,136
10,101
121
150
11,539
10,902
1.1
19.7
10.30
1,176,606
1,267,321
100
1,068,989
100
100
13
12
11
1.351
180,248
180,248
112,471
112,471
12,642
12,642
112,471
194,261
194,261
194,261
109,906
118,228
118,228
17.7
168,264
102,777
100
15.9
12,683
10,081
1,734
18,517
15,036
1.1
19,598
19,598
19,598
17,641
1,957
186
12,353
11,781
10,503
14,496
16,668
15,783
1,202
15,854
116
10,596
14,150
13,310
14,517
13,696
100
104.125
100
101
19,370
1,069
1,023
164,457
157,159
102,936
10.4
12,114
12,411
1,921
1,342
15,377
15,354
13,199
13,017
1,022
1,588
12,187
12,898
12.4
165
17,564,133
116,523
165
17,564,133
17,647,684
104,137
143,656
1,115,609
1,263,099
17,564,133
132,960
16,437
1,127,036
15.55
143,656
134,778
1,292,375
16.19
104,137
1,303
178,081
173,413
13.0
108.44
1,263,099
102.23
1,115,609
132,960
16,437
132,960
1.4
1.8
12,539
141,194
188
141,382
103,980,132
1,496,213
197,077
11,729,714
110,333
122,756
197,789
17,042
19,952
105
184,476
19,284
1,305
1.1
10,296
15.9
10,149
10,834
186,166
151.6
1.9
1.5
1,773
184,476
150.3
19,284
18,858
13,950
12,380
10,546
1,740
1,698
1
19.4
19.5
1.237
1.9
18,157
16,622
13,656
1,201
1,050
1,029
18,157
16,622
1.2
18.4
17.9
15.2
12.7
1,267,321
1,068,989
10,571
13,476
13
1.1
We found 213 numbers that start with the digit 2. Here they are:
2,692
2,473
271,041
260,919
20,506
20,620
29,104
225,544
2,242,566
26,075
21,487
21,638
20,015
2,242,566
246,285
219,306
296,626
232,194
273,761
219,172
26,132
25,159
20,716
27,454
216,877
236,161
203,848
2.47
2.20
2.47
2.20
236,161
203,848
238,046
213,873
2,563,287
29
203,848
203,848
2,064,997
22
22
204,039
204,039
236,161
236,161
20,015
20,905
20,919
2,701,448
28
28
239,137
239,137
21,638
236,161
203,848
20,233
239,137
204,039
217,195
2,007
2,430
2,875
21,036
27,192
2,684
2,485
270,268
271,423
287,960
272,952
20,919
2,822
20,599
216,997
25,063
24,136
24,219
2,692
2,473
26.0
22.4
298,615
2.5
2.2
215,655
216,354
27,806
27,806
269,168
269,168
27,406
27,406
21,750
21,750
223,414
271,041
241,888
28.1
2
298,876
245,126
271,041
23.0
2,220
23,970
20,128
20,641
2,872
2,872
20,641
21
20,620
26,994
2,872
2,686
29,137
29,104
2,143
20,620
264
24,163
26,175
2,700
2,344
2,722
2,980
2,294
2,013
2,624
2,700
2.1
23,719
23,719
24,788
24,742
20,173
2.3
2,217
2,448
2,684
2,341
26,673
25,085
2,640,423
20,252,732
20,252,732
29.41
266,021
2,640,423
2,395,257
2,065,664
2,701,448
200
20,654
239,137
204,039
239,137
204,039
236,161
203,848
2.47
2.20
2.47
2.20
2,134,742
233,089
283,010
261,097
216,877
2,910
2,187
24,558
28,855
213,374
2,915
213,331
25.8
25.8
25.0
2,406
2.0
2,197
2.3
2,328
2
2,864
2.3
28,048
252,831
27,988
2,546
2,862
213,280
2
250.7
250.7
283.3
23.0
272.7
2
22.7
2,585
22,691
2
2
212.2
2,797
25,959
25,089
2
23.3
We found 112 numbers that start with the digit 3. Here they are:
3,409
323,011
39,867
319,380
303,642
35,151
30,293
34,248
369
369
398,897
330,079
341,951
313,454
31,297
33,278
3,393
369
36,381
36,410
369
369
398,897
345,165
369
34
3,427
35,662
3,450
36,410
3,979
398
3,000
3.4
3.6
35,937
35
354.4
35,407
35,407
35,892
35,892
328,587
304,167
31,645
31,645
33,735
33,735
39,806
39,806
333,320
3.0
3,464
3.5
3.6
3.9
33
3,244
303,906
303,642
319,380
34,779
35,005
30,026
34,339
3,409
3,864
3,409
35,624,826
35,096,770
345,165
3,399,494
32.74
38.23
32.69
3,399,494
3.1
3.4
37,183
3,020
31,671
31,372
3.4
31.9
32.7
3.3
302
3,201
3.4
3.0
3.5
3.1
3,799
31,373
3,706
386,882
30,892
37,005
39,551
32,590
386.9
3.6
344.5
31.7
3,333
3,995
3.3
3
380,785
3,716
3,470
3,626
4's 5's 6's
We found 72 numbers that start with the digit 4. Here they are:
43
4,979
42,765
406,658
4,917
450,831
415,433
4
44
46,353
4,310
4,932
40,054
4,407
459,929
403,708
4
43
424,053
40
430.7
42,972
42,972
43,051
43,051
431,531
461
461
432,230
47,627
47,627
47,627
4.125
428
43,136
4,887
4,979
40
424,552
47.8
4
4,038,238
47.3
4.9
4,868,347
4,708,746
4,299
47.63
4,038,238
48.56
4,717,548
45,798
46,167
4,038,238
4,717,548
4,010
4,297
43
49,448
46.4
40,141
4,091
4,091
4,320
4
4.4
481,589
442,301
4,597
4,219
4.2
4,217
We found 68 numbers that start with the digit 5. Here they are:
540,397
544,002
55,813
5,453
5,092
5,657
528,704
568,612
567,543
53,990
559,648
503,537
59
5,672
536,833
575,000
543,089
540,397
543,089
5.1
50
547,520
50
560,709
52
500,155
58
522.8
544,002
575,208
544,002
575.0
511.8
5,453
5,092
55,489
5,280
575.0
565.7
575,000
575,000
568,612
567,543
5.0
5.1
5,654,835
5.4
5.5
5,219,124
558.2
59.6
59,911
59
5,219,124
597
55,954
5,018
5.5
5,324
547,590
533,051
5,768
5,045
575,557
575.6
536,833
589
5.1
We found 81 numbers that start with the digit 6. Here they are:
644,167
63,532
663,846
63,604
630,180
6,059
61,720
62
61,720
60,097
613,318
61,720
61,720
61,720
68,900
60,738
6,242
63,519
62,187
6,304
602,127
646,640
646,640
6,000
644,167
646,640
629,086
63,604
68.9
60.7
699
699
699
60,750
60,750
6.0
6,093
63,463
6,256
6,918
6,918
63,532
6,586
6,388
66
6,000,000
6.0
63.3
64.0
6,105,614
667
6,105,614
60.08
60.7
62.0
60.2
6,463
68,943
61,720
62
634,519
66,133
63,308
6,892
668
6,059
6
69,271
6.0
6
6,396
6,598
6,059
6,657
639,713
606,449
61.2
641.7
6
626,688
6.2
7's 8's 9's
We found 48 numbers that start with the digit 7. Here they are:
7.5
78,030
7,412
75,292
76,483
716,619
738,185
798,770
77,320
772,363
71
738,185
772
78,549
798,770
7
7
78.5
760,817
7,395
76,130
77,959
70,130
703
75,292
76,483
7.2
7,457
726
7,543
7,076,836
7,494,399
7.1
78.69
76.12
7,494,399
74.52
75.60
7,076,836
78,069
7,494,399
71
7,349
7,353
7,690
78.2
7.2
730,488
We found 44 numbers that start with the digit 8. Here they are:
8,076
871,091
84,227
862,374
83,794
803,860
8,105
817,166
8,808
803
8,636
8,525
825
8,324
8,888
83,780
863,637
863,637
8,992
84,227
8
862,374
88
8,849
803
857
85
82.24
80.51
85.38
8,774
8,308
8,368
80,170
8.4
8.3
8.9
8,057
80.1
806.9
8
862,374
8,202
8
We found 58 numbers that start with the digit 9. Here they are:
95,879
93,691
97,366,947
991,607
984,762
90,715
937,242
991,535
99,646,231
95,729,844
92,547,145
95,729,844
92,547,145
90,533,985
948
94,174,914
990
97,366,947
991,607
98
96,755
9,998
95,616
9,283
93
984,762
92
93
90,715
98,600
92,600
9,215
9,738
9,403
9,830
93,691
9.3
9,894
9
94,105
94,105
98.35
94.01
99.51
9.1
9,435
93,588
99,646,231
95,729,844
92,547,145
95,729,844
92,547,145
9,936,672
9,079
91,841
9
9.3
9.4
While the above ESTC 10K Filed 6/14/2024 is interesting in isolation, we have found that it is also useful to take a look at older Elastic N.V. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10K Filed 6/14/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical ESTC 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

29.1
21.7
11.4
7.3
6.9
8.3
4.9
4.5
5.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 73
XBRL?   [ original filing ]
Total numbers found: 981

= Typical ESTC range from 9/10/2019 to 6/14/2024
25.0
19.7
14.4
9.8
6.7
8.7
6.7
3.4
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 583

= Typical ESTC range from 9/10/2019 to 6/14/2024
23.4
13.5
13.8
12.7
10.0
6.1
3.8
6.3
10.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 47
XBRL?   [ original filing ]
Total numbers found: 709

= Typical ESTC range from 9/10/2019 to 6/14/2024
24.5
14.3
12.8
10.2
10.6
7.5
4.8
7.7
7.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 63
XBRL?   [ original filing ]
Total numbers found: 756

= Typical ESTC range from 9/10/2019 to 6/14/2024
27.6
20.4
12.6
9.6
7.8
5.2
5.8
6.0
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 1,012

= Typical ESTC range from 9/10/2019 to 6/14/2024
28.2
17.8
13.1
10.1
7.7
6.3
5.9
7.6
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 556

= Typical ESTC range from 9/10/2019 to 6/14/2024
29.3
18.0
11.3
10.2
7.8
5.9
6.4
4.9
6.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 1,924

= Typical ESTC range from 9/10/2019 to 6/14/2024
32.7
17.8
11.6
5.3
6.7
7.5
8.3
3.7
6.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 50
XBRL?   [ original filing ]
Total numbers found: 805

= Typical ESTC range from 9/10/2019 to 6/14/2024
27.4
18.3
10.9
9.5
7.7
8.5
5.4
5.8
6.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 956

= Typical ESTC range from 9/10/2019 to 6/14/2024
26.8
15.3
13.6
11.9
9.3
6.6
4.7
4.5
7.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 529

= Typical ESTC range from 9/10/2019 to 6/14/2024
23.8
17.0
14.2
10.8
9.6
6.0
4.5
7.2
7.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 753

= Typical ESTC range from 9/10/2019 to 6/14/2024
26.5
18.0
12.1
10.2
7.6
5.4
5.7
11.0
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 45
XBRL?   [ original filing ]
Total numbers found: 774

= Typical ESTC range from 9/10/2019 to 6/14/2024
29.5
20.7
13.3
8.2
8.7
4.3
4.6
5.7
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL?   [ original filing ]
Total numbers found: 1,075

= Typical ESTC range from 9/10/2019 to 6/14/2024
28.0
16.2
13.1
8.8
10.6
7.5
6.5
4.5
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 1,280

= Typical ESTC range from 9/10/2019 to 6/14/2024
26.5
16.6
12.6
9.6
8.7
7.3
6.6
4.0
8.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 771

= Typical ESTC range from 9/10/2019 to 6/14/2024
28.0
13.9
10.2
10.0
9.6
8.1
6.9
4.7
8.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 729

= Typical ESTC range from 9/10/2019 to 6/14/2024
26.2
17.2
11.2
10.6
9.1
6.7
5.6
6.8
6.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 977

= Typical ESTC range from 9/10/2019 to 6/14/2024
29.7
15.7
16.4
6.6
7.2
5.3
4.7
6.4
7.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 49
XBRL?   [ original filing ]
Total numbers found: 529

= Typical ESTC range from 9/10/2019 to 6/14/2024
28.4
17.7
13.0
10.7
8.0
4.2
5.2
7.3
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 786

= Typical ESTC range from 9/10/2019 to 6/14/2024
27.5
19.5
12.0
8.8
7.6
7.1
7.9
4.7
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 1,864

= Typical ESTC range from 9/10/2019 to 6/14/2024
 

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