Elastic (ESTC) Cost of Revenue (2017 - 2026)
Elastic's (ESTC) quarterly Cost of Revenue came in at $121.9 million in Q3 2026, up 26.03% year-over-year from $96.7 million in Q3 2025, and up 9.78% quarter-over-quarter from $111.1 million in Q2 2026.
Analysis
Elastic (ESTC) Cost of Revenue (2017 - 2026) Analysis & Trends
Elastic has disclosed Cost of Revenue across 10 years of filings, most recently posting $121.9 million for Q3 2026.
- In Q3 2026, Cost of Revenue rose 26.03% year-over-year to $121.9 million; the TTM figure through Jul 2026 stood at $441.5 million (up 14.7% YoY), while the FY2026 annual figure was $416.3 million, up 9.58% from the prior year.
- Cost of Revenue came in at $121.9 million for Q3 2026 at Elastic, up from $111.1 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $121.9 million in Q3 2026 to a low of $61.3 million in Q1 2022.
- Average Cost of Revenue over 5 years is $88.1 million, with a median of $87.9 million recorded in 2024.
- Year-over-year, Cost of Revenue jumped 47.06% in 2022 and increased 5.44% in 2025.
- Over 5 years, Cost of Revenue stood at $74.8 million in 2022, then advanced by 7.13% to $80.1 million in 2023, then climbed by 16.34% to $93.2 million in 2024, then rose by 9.5% to $102.0 million in 2025, then gained by 19.5% to $121.9 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $121.9 million in Q3 2026, $111.1 million in Q2 2026, and $106.4 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Snowflake | 118.87 Bn | 116.53 Bn | 1.04 Bn | 510.08 Mn |
| 2 | MongoDB | 29.70 Bn | 27.29 Bn | 569.77 Mn | 202.01 Mn |
| 3 | Sportradar Group AG | 11.66 Bn | 11.29 Bn | 376.06 Mn | 63.10 Mn |
| 4 | Elastic | 9.64 Bn | 8.18 Bn | 356.19 Mn | 121.93 Mn |
| 5 | Genius Sports | 3.80 Bn | 3.64 Bn | 63.79 Mn | 131.72 Mn |
| 6 | Teradata | 2.61 Bn | 2.19 Bn | 243.00 Mn | 167.00 Mn |
| 7 | Datavault AI | 170.89 Mn | 170.89 Mn | 2.88 Mn | 3.84 Mn |
| 8 | Intermap Technologies | 52.16 Mn | 35.98 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 121.93 Mn |
| Apr 30, 2026 | 111.06 Mn |
| Jan 31, 2026 | 106.44 Mn |
| Oct 31, 2025 | 102.03 Mn |
| Jul 31, 2025 | 96.75 Mn |
| Apr 30, 2025 | 97.79 Mn |
| Jan 31, 2025 | 97.15 Mn |
| Oct 31, 2024 | 93.18 Mn |
| Jul 31, 2024 | 91.76 Mn |
| Apr 30, 2024 | 87.87 Mn |
| Jan 31, 2024 | 84.64 Mn |
| Oct 31, 2023 | 80.09 Mn |
| Jul 31, 2023 | 77.48 Mn |
| Apr 30, 2023 | 73.68 Mn |
| Jan 31, 2023 | 75.21 Mn |
| Oct 31, 2022 | 74.76 Mn |
| Jul 31, 2022 | 72.98 Mn |
| Apr 30, 2022 | 67.36 Mn |
| Jan 31, 2022 | 61.28 Mn |
| Oct 31, 2021 | 53.88 Mn |