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

Elastic's Cost of Revenue history runs 10 years deep, the most recent figure standing at $106.4 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 9.56% year-over-year to $106.4 million; the TTM figure through Jan 2026 stood at $474.5 million (up 8.95% YoY), while the FY2025 annual figure was $379.9 million, up 15.09% from the prior year.
• Cost of Revenue came in at $106.4 million for Q1 2026 at Elastic, down from $173.6 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $241.8 million in Q2 2022 to a low of $87.9 million in Q2 2024.
• A 5-year average of $127.6 million and a median of $125.0 million in 2022 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue surged 427.93% in 2022 and sank 48.87% in 2023, its largest moves.
• Elastic's Cost of Revenue stood at $128.2 million in 2022, then climbed by 3.94% to $133.2 million in 2023, then tumbled by 30.06% to $93.2 million in 2024, then jumped by 86.28% to $173.6 million in 2025, then sank by 38.68% to $106.4 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $106.4 million, $173.6 million, and $96.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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