Elastic (ESTC) EBIT Margin (2017 - 2026)

Elastic (ESTC) posted EBIT Margin of 3.64% for Q2 2026, down 2781.16% sequentially from 0.14% in Q1 2026, and down 55.0% YoY from 8.09% in Q2 2025.

Elastic (ESTC) EBIT Margin (2017 - 2026) Analysis & Trends

Elastic has reported EBIT Margin for 10 years, with the latest figure at 3.64% in Q2 2026.

  • Quarterly EBIT Margin fell 55.0% year-over-year to 3.64% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 1.92% (up 178.0% YoY) and the FY2026 annual result came in at 1.92%, up 178.0% from the prior year.
  • EBIT Margin declined to 3.64% in Q2 2026 per ESTC's latest filing, from 0.14% in the prior quarter.
  • Over five years, EBIT Margin peaked at 0.14% in Q1 2026 and troughed at 25.26% in Q1 2023.
  • A 5-year average of 10.65% and a median of 8.9% in 2024 frame the typical range for EBIT Margin.
  • The sharpest annual moves came in 2022 and 2024: EBIT Margin tumbled 818 bps in 2022, then soared 1721 bps in 2024.
  • Over 5 years, EBIT Margin stood at 18.54% in 2022, then soared by 63 bps to 6.93% in 2023, then jumped by 83 bps to 1.21% in 2024, then sank by 61 bps to 1.94% in 2025, then slumped by 87 bps to 3.64% in 2026.
  • According to Business Quant data, EBIT Margin over the past three periods registered 3.64%, 0.14%, and 1.94% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 27.70%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 13.62%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 21.08%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 13.32%
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 4.06%
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -23.45%
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn -33.33%
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 33.82%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 46.97%
10 Elastic 9.08 Bn 8.31 Bn 339.62 Mn -3.64%

Historic Data

Download Data
DateValue
Apr 30, 2026 -3.64%
Jan 31, 2026 0.14%
Oct 31, 2025 -1.94%
Jul 31, 2025 -2.27%
Apr 30, 2025 -3.09%
Jan 31, 2025 -1.21%
Oct 31, 2024 -1.21%
Jul 31, 2024 -9.74%
Apr 30, 2024 -13.65%
Jan 31, 2024 -8.05%
Oct 31, 2023 -6.93%
Jul 31, 2023 -12.34%
Apr 30, 2023 -14.34%
Jan 31, 2023 -25.26%
Oct 31, 2022 -18.54%
Jul 31, 2022 -24.25%
Apr 30, 2022 -24.91%
Jan 31, 2022 -20.47%
Oct 31, 2021 -18.05%
Jul 31, 2021 -16.07%