Elastic (ESTC) Cost of Revenue (2017 - 2026)

Elastic (ESTC) reported Cost of Revenue of $111.1 million for Q2 2026, up 13.58% on a YoY basis from $97.8 million in Q2 2025, and up 4.34% sequentially from $106.4 million in Q1 2026.

Elastic (ESTC) Cost of Revenue (2017 - 2026) Analysis & Trends

Elastic (ESTC) has 10 years of Cost of Revenue data on file, last reported at $111.1 million in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue rose 13.58% year-over-year to $111.1 million; the trailing twelve-month figure through Apr 2026 stood at $416.3 million (up 9.58% YoY), and the FY2026 full-year result was $416.3 million, up 9.58% from the prior year.
  • Cost of Revenue climbed to $111.1 million in Q2 2026, from $106.4 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $111.1 million in Q2 2026 to a low of $61.3 million in Q1 2022.
  • A 5-year average of $86.2 million and a median of $86.3 million in 2024 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue soared 47.06% in 2022 and grew 5.44% in 2025, its largest moves.
  • Tracing ESTC's Cost of Revenue over 5 years: stood at $74.8 million in 2022, then gained by 7.13% to $80.1 million in 2023, then advanced by 16.34% to $93.2 million in 2024, then increased by 9.5% to $102.0 million in 2025, then rose by 8.85% to $111.1 million in 2026.
  • Business Quant data shows ESTC's Cost of Revenue at $111.1 million in Q2 2026, $106.4 million in Q1 2026, and $102.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 199.59 Bn 179.36 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 193.24 Bn 190.53 Bn - -
3 Shopify 164.78 Bn 159.04 Bn 1.55 Bn 1.62 Bn
4 Salesforce 150.52 Bn 138.68 Bn 8.56 Bn 2.57 Bn
5 Uber Technologies 139.79 Bn 138.58 Bn 5.95 Bn 7.26 Bn
6 ServiceNow 109.10 Bn 104.44 Bn 2.82 Bn 1.17 Bn
7 Automatic Data Processing 102.68 Bn 99.45 Bn 2.87 Bn 3.07 Bn
8 Adobe 95.80 Bn 90.17 Bn 5.90 Bn 715.00 Mn
9 Snowflake 93.75 Bn 90.79 Bn 926.45 Mn 464.50 Mn
10 Elastic 6.45 Bn 5.68 Bn 339.62 Mn 111.06 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 111.06 Mn
Apr 30, 2026 111.06 Mn
Jan 31, 2026 106.44 Mn
Jan 31, 2026 106.44 Mn
Oct 31, 2025 102.03 Mn
Oct 31, 2025 102.03 Mn
Jul 31, 2025 96.75 Mn
Jul 31, 2025 96.75 Mn
Apr 30, 2025 97.79 Mn
Apr 30, 2025 97.79 Mn
Jan 31, 2025 97.15 Mn
Jan 31, 2025 97.15 Mn
Oct 31, 2024 93.18 Mn
Oct 31, 2024 93.18 Mn
Jul 31, 2024 91.76 Mn
Jul 31, 2024 91.76 Mn
Apr 30, 2024 87.87 Mn
Apr 30, 2024 87.87 Mn
Jan 31, 2024 84.64 Mn
Jan 31, 2024 84.64 Mn