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Side-by-side financial comparison of Elastic N.V. (ESTC) and Navios Maritime Partners L.P. (NMM). Click either name above to swap in a different company.

Elastic N.V. is the larger business by last-quarter revenue ($423.5M vs $327.6M, roughly 1.3× Navios Maritime Partners L.P.). Navios Maritime Partners L.P. runs the higher net margin — 21.4% vs -12.1%, a 33.5% gap on every dollar of revenue. On growth, Elastic N.V. posted the faster year-over-year revenue change (15.9% vs -4.3%).

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...

Navios Maritime Holdings Inc. is a multinational, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.

ESTC vs NMM — Head-to-Head

Bigger by revenue
ESTC
ESTC
1.3× larger
ESTC
$423.5M
$327.6M
NMM
Growing faster (revenue YoY)
ESTC
ESTC
+20.2% gap
ESTC
15.9%
-4.3%
NMM
Higher net margin
NMM
NMM
33.5% more per $
NMM
21.4%
-12.1%
ESTC

Income Statement — Q2 FY2026 vs Q2 FY2025

Metric
ESTC
ESTC
NMM
NMM
Revenue
$423.5M
$327.6M
Net Profit
$-51.3M
$69.9M
Gross Margin
75.9%
90.5%
Operating Margin
-1.9%
Net Margin
-12.1%
21.4%
Revenue YoY
15.9%
-4.3%
Net Profit YoY
-101.5%
-31.1%
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
NMM
NMM
Q4 25
$423.5M
Q3 25
$415.3M
Q2 25
$388.4M
$327.6M
Q1 25
$382.1M
Q4 24
$365.4M
Q3 24
$347.4M
Q2 24
$335.0M
$342.2M
Q1 24
$328.0M
Net Profit
ESTC
ESTC
NMM
NMM
Q4 25
$-51.3M
Q3 25
$-24.6M
Q2 25
$-16.4M
$69.9M
Q1 25
$-17.1M
Q4 24
$-25.4M
Q3 24
$-49.2M
Q2 24
$-41.1M
$101.5M
Q1 24
$176.1M
Gross Margin
ESTC
ESTC
NMM
NMM
Q4 25
75.9%
Q3 25
76.7%
Q2 25
74.8%
90.5%
Q1 25
74.6%
Q4 24
74.5%
Q3 24
73.6%
Q2 24
73.8%
88.3%
Q1 24
74.2%
Operating Margin
ESTC
ESTC
NMM
NMM
Q4 25
-1.9%
Q3 25
-2.3%
Q2 25
-3.1%
Q1 25
-1.2%
Q4 24
-1.2%
Q3 24
-9.7%
Q2 24
-13.6%
Q1 24
-8.1%
Net Margin
ESTC
ESTC
NMM
NMM
Q4 25
-12.1%
Q3 25
-5.9%
Q2 25
-4.2%
21.4%
Q1 25
-4.5%
Q4 24
-7.0%
Q3 24
-14.2%
Q2 24
-12.3%
29.7%
Q1 24
53.7%
EPS (diluted)
ESTC
ESTC
NMM
NMM
Q4 25
$-0.48
Q3 25
$-0.23
Q2 25
$-0.15
Q1 25
$-0.16
Q4 24
$-0.25
Q3 24
$-0.48
Q2 24
$-0.35
Q1 24
$1.69

Balance Sheet & Financial Strength

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

Metric
ESTC
ESTC
NMM
NMM
Cash + ST InvestmentsLiquidity on hand
$1.4B
$377.0M
Total DebtLower is stronger
$570.3M
$2.0B
Stockholders' EquityBook value
$891.1M
Total Assets
$2.5B
$5.9B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESTC
ESTC
NMM
NMM
Q4 25
$1.4B
Q3 25
$1.5B
Q2 25
$1.4B
$377.0M
Q1 25
$584.0M
Q4 24
$658.5M
Q3 24
$594.9M
Q2 24
$1.1B
$272.0M
Q1 24
$526.9M
Total Debt
ESTC
ESTC
NMM
NMM
Q4 25
$570.3M
Q3 25
$570.0M
Q2 25
$569.7M
$2.0B
Q1 25
$569.4M
Q4 24
$569.2M
Q3 24
$568.9M
Q2 24
$568.6M
$1.4B
Q1 24
$568.3M
Stockholders' Equity
ESTC
ESTC
NMM
NMM
Q4 25
$891.1M
Q3 25
$971.4M
Q2 25
$927.2M
Q1 25
$859.1M
Q4 24
$811.5M
Q3 24
$759.4M
Q2 24
$738.2M
Q1 24
$707.8M
Total Assets
ESTC
ESTC
NMM
NMM
Q4 25
$2.5B
Q3 25
$2.5B
Q2 25
$2.6B
$5.9B
Q1 25
$2.3B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$2.2B
$5.3B
Q1 24
$2.1B
Debt / Equity
ESTC
ESTC
NMM
NMM
Q4 25
0.64×
Q3 25
0.59×
Q2 25
0.61×
Q1 25
0.66×
Q4 24
0.70×
Q3 24
0.75×
Q2 24
0.77×
Q1 24
0.80×

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
NMM
NMM
Operating Cash FlowLast quarter
$26.6M
Free Cash FlowOCF − Capex
$26.0M
FCF MarginFCF / Revenue
6.1%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$302.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESTC
ESTC
NMM
NMM
Q4 25
$26.6M
Q3 25
$104.8M
Q2 25
$87.0M
Q1 25
$88.1M
Q4 24
$38.4M
Q3 24
$52.8M
Q2 24
$60.9M
Q1 24
$52.4M
Free Cash Flow
ESTC
ESTC
NMM
NMM
Q4 25
$26.0M
Q3 25
$104.2M
Q2 25
$84.9M
Q1 25
$87.3M
Q4 24
$37.7M
Q3 24
$52.0M
Q2 24
$60.1M
Q1 24
$51.3M
FCF Margin
ESTC
ESTC
NMM
NMM
Q4 25
6.1%
Q3 25
25.1%
Q2 25
21.8%
Q1 25
22.8%
Q4 24
10.3%
Q3 24
15.0%
Q2 24
17.9%
Q1 24
15.6%
Capex Intensity
ESTC
ESTC
NMM
NMM
Q4 25
0.1%
Q3 25
0.2%
Q2 25
0.5%
Q1 25
0.2%
Q4 24
0.2%
Q3 24
0.2%
Q2 24
0.3%
Q1 24
0.3%
Cash Conversion
ESTC
ESTC
NMM
NMM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
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%

NMM
NMM

Segment breakdown not available.

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