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| Date | Value |
|---|---|
| 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 |