Elastic's Cost of Revenue rose 2031.0% to $173.6 million in Q4 2025 from the same period last year, while for Oct 2025 it was $663.2 million, marking a year-over-year increase of 1148.05%. This contributed to the annual value of $617.2 million for FY2025, which is 1027.93% up from last year.
Per Elastic's latest filing, its Cost of Revenue stood at $173.6 million for Q4 2025, which was up 2031.0% from $174.1 million recorded in Q3 2025.
In the past 5 years, Elastic's Cost of Revenue registered a high of $174.1 million during Q3 2025, and its lowest value of $71.1 million during Q1 2021.
Over the past 5 years, Elastic's median Cost of Revenue value was $130.7 million (recorded in 2022), while the average stood at $129.4 million.
Per our database at Business Quant, Elastic's Cost of Revenue skyrocketed by 5677.9% in 2021 and then soared by 394.06% in 2023.
Quarter analysis of 5 years shows Elastic's Cost of Revenue stood at $95.0 million in 2021, then skyrocketed by 34.99% to $128.2 million in 2022, then rose by 3.94% to $133.2 million in 2023, then increased by 8.29% to $144.3 million in 2024, then rose by 20.31% to $173.6 million in 2025.
Its Cost of Revenue was $173.6 million in Q4 2025, compared to $174.1 million in Q3 2025 and $161.8 million in Q2 2025.

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