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Side-by-side financial comparison of Elastic N.V. (ESTC) and Mechanics Bancorp (MCHB). Click either name above to swap in a different company.

Mechanics Bancorp is the larger business by last-quarter revenue ($458.8M vs $423.5M, roughly 1.1× Elastic N.V.). Mechanics Bancorp produced more free cash flow last quarter ($187.1M vs $26.0M). Over the past eight quarters, Mechanics Bancorp's revenue compounded faster (232.1% CAGR vs 13.6%).

Elastic is a Dutch-American software company that provides a platform for enterprise search, observability, and cybersecurity. Its product enables users to search and analyze large-scale data, monitor system performance, and detect anomalies. Originally known as Elasticsearch, the company was founded in 2012 in Amsterdam, Netherlands, and has maintained its operational headquarters in both the Netherlands and San Francisco, California, US. Elastic is publicly traded on the New York Stock Exch...

Mechanics Bancorp is a U.S.-headquartered bank holding company operating Mechanics Bank as its core subsidiary. It offers retail banking, commercial banking, and wealth management services including deposits, loans, and investment advisory, primarily serving consumers and small-to-medium enterprises across California.

ESTC vs MCHB — Head-to-Head

Bigger by revenue
MCHB
MCHB
1.1× larger
MCHB
$458.8M
$423.5M
ESTC
More free cash flow
MCHB
MCHB
$161.1M more FCF
MCHB
$187.1M
$26.0M
ESTC
Faster 2-yr revenue CAGR
MCHB
MCHB
Annualised
MCHB
232.1%
13.6%
ESTC

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
ESTC
ESTC
MCHB
MCHB
Revenue
$423.5M
$458.8M
Net Profit
$-51.3M
Gross Margin
75.9%
Operating Margin
-1.9%
Net Margin
-12.1%
Revenue YoY
15.9%
Net Profit YoY
-101.5%
EPS (diluted)
$-0.48

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ESTC
ESTC
MCHB
MCHB
Q4 25
$423.5M
$458.8M
Q3 25
$415.3M
$255.4M
Q2 25
$388.4M
$49.0M
Q1 25
$382.1M
$45.4M
Q4 24
$365.4M
$29.6M
Q3 24
$347.4M
$147.9M
Q2 24
$335.0M
$42.9M
Q1 24
$328.0M
$41.6M
Net Profit
ESTC
ESTC
MCHB
MCHB
Q4 25
$-51.3M
Q3 25
$-24.6M
$55.2M
Q2 25
$-16.4M
$-4.4M
Q1 25
$-17.1M
$-4.5M
Q4 24
$-25.4M
$-123.3M
Q3 24
$-49.2M
$39.9M
Q2 24
$-41.1M
$-6.2M
Q1 24
$176.1M
$-7.5M
Gross Margin
ESTC
ESTC
MCHB
MCHB
Q4 25
75.9%
Q3 25
76.7%
Q2 25
74.8%
Q1 25
74.6%
Q4 24
74.5%
Q3 24
73.6%
Q2 24
73.8%
Q1 24
74.2%
Operating Margin
ESTC
ESTC
MCHB
MCHB
Q4 25
-1.9%
Q3 25
-2.3%
17.7%
Q2 25
-3.1%
-9.8%
Q1 25
-1.2%
-10.5%
Q4 24
-1.2%
-312.2%
Q3 24
-9.7%
37.5%
Q2 24
-13.6%
-18.6%
Q1 24
-8.1%
-25.4%
Net Margin
ESTC
ESTC
MCHB
MCHB
Q4 25
-12.1%
Q3 25
-5.9%
21.6%
Q2 25
-4.2%
-9.0%
Q1 25
-4.5%
-9.8%
Q4 24
-7.0%
-416.4%
Q3 24
-14.2%
27.0%
Q2 24
-12.3%
-14.5%
Q1 24
53.7%
-18.0%
EPS (diluted)
ESTC
ESTC
MCHB
MCHB
Q4 25
$-0.48
Q3 25
$-0.23
$0.26
Q2 25
$-0.15
$-0.23
Q1 25
$-0.16
$-0.24
Q4 24
$-0.25
$-6.53
Q3 24
$-0.48
$0.20
Q2 24
$-0.35
$-0.33
Q1 24
$1.69
$-0.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ESTC
ESTC
MCHB
MCHB
Cash + ST InvestmentsLiquidity on hand
$1.4B
$1.0B
Total DebtLower is stronger
$570.3M
$192.0M
Stockholders' EquityBook value
$891.1M
$2.9B
Total Assets
$2.5B
$22.4B
Debt / EquityLower = less leverage
0.64×
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESTC
ESTC
MCHB
MCHB
Q4 25
$1.4B
$1.0B
Q3 25
$1.5B
$1.4B
Q2 25
$1.4B
$201.1M
Q1 25
$584.0M
$252.2M
Q4 24
$658.5M
$999.7M
Q3 24
$594.9M
$205.9M
Q2 24
$1.1B
$218.7M
Q1 24
$526.9M
$320.3M
Total Debt
ESTC
ESTC
MCHB
MCHB
Q4 25
$570.3M
$192.0M
Q3 25
$570.0M
$190.1M
Q2 25
$569.7M
$225.3M
Q1 25
$569.4M
$225.2M
Q4 24
$569.2M
$0
Q3 24
$568.9M
$0
Q2 24
$568.6M
$224.9M
Q1 24
$568.3M
$224.9M
Stockholders' Equity
ESTC
ESTC
MCHB
MCHB
Q4 25
$891.1M
$2.9B
Q3 25
$971.4M
$2.8B
Q2 25
$927.2M
$2.4B
Q1 25
$859.1M
$400.8M
Q4 24
$811.5M
$2.3B
Q3 24
$759.4M
$2.3B
Q2 24
$738.2M
$2.2B
Q1 24
$707.8M
$527.3M
Total Assets
ESTC
ESTC
MCHB
MCHB
Q4 25
$2.5B
$22.4B
Q3 25
$2.5B
$22.7B
Q2 25
$2.6B
$7.6B
Q1 25
$2.3B
$7.8B
Q4 24
$2.2B
$16.5B
Q3 24
$2.2B
$9.2B
Q2 24
$2.2B
$9.3B
Q1 24
$2.1B
$9.5B
Debt / Equity
ESTC
ESTC
MCHB
MCHB
Q4 25
0.64×
0.07×
Q3 25
0.59×
0.07×
Q2 25
0.61×
0.09×
Q1 25
0.66×
0.56×
Q4 24
0.70×
0.00×
Q3 24
0.75×
0.00×
Q2 24
0.77×
0.10×
Q1 24
0.80×
0.43×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ESTC
ESTC
MCHB
MCHB
Operating Cash FlowLast quarter
$26.6M
$193.6M
Free Cash FlowOCF − Capex
$26.0M
$187.1M
FCF MarginFCF / Revenue
6.1%
40.8%
Capex IntensityCapex / Revenue
0.1%
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$302.3M
$263.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESTC
ESTC
MCHB
MCHB
Q4 25
$26.6M
$193.6M
Q3 25
$104.8M
$112.0M
Q2 25
$87.0M
$-9.8M
Q1 25
$88.1M
$-22.5M
Q4 24
$38.4M
$292.3M
Q3 24
$52.8M
$247.0M
Q2 24
$60.9M
$-21.8M
Q1 24
$52.4M
$-7.8M
Free Cash Flow
ESTC
ESTC
MCHB
MCHB
Q4 25
$26.0M
$187.1M
Q3 25
$104.2M
$109.1M
Q2 25
$84.9M
$-9.9M
Q1 25
$87.3M
$-22.6M
Q4 24
$37.7M
$285.9M
Q3 24
$52.0M
$244.5M
Q2 24
$60.1M
$-22.0M
Q1 24
$51.3M
$-13.9M
FCF Margin
ESTC
ESTC
MCHB
MCHB
Q4 25
6.1%
40.8%
Q3 25
25.1%
42.7%
Q2 25
21.8%
-20.2%
Q1 25
22.8%
-49.7%
Q4 24
10.3%
965.3%
Q3 24
15.0%
165.4%
Q2 24
17.9%
-51.3%
Q1 24
15.6%
-33.4%
Capex Intensity
ESTC
ESTC
MCHB
MCHB
Q4 25
0.1%
1.4%
Q3 25
0.2%
1.1%
Q2 25
0.5%
0.2%
Q1 25
0.2%
0.1%
Q4 24
0.2%
21.5%
Q3 24
0.2%
1.7%
Q2 24
0.3%
0.7%
Q1 24
0.3%
14.6%
Cash Conversion
ESTC
ESTC
MCHB
MCHB
Q4 25
Q3 25
2.03×
Q2 25
Q1 25
Q4 24
Q3 24
6.18×
Q2 24
Q1 24
0.30×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ESTC
ESTC

Self Managed Subscription$192.0M45%
Saa S Self Managed Annual$156.9M37%
Saa S Self Managed Monthly$48.8M12%
Professional Services$25.8M6%

MCHB
MCHB

Segment breakdown not available.

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