Elastic (ESTC) EBIT Margin (2017 - 2026)
Elastic's (ESTC) quarterly EBIT Margin came in at 4.93% in Q3 2026, down 266.0% year-over-year from 2.97% in Q3 2025, and down 35.41% quarter-over-quarter from 3.64% in Q2 2026.
Analysis
Elastic (ESTC) EBIT Margin (2017 - 2026) Analysis & Trends
Elastic has disclosed EBIT Margin across 10 years of filings, most recently posting 4.93% for Q3 2026.
- In Q3 2026, EBIT Margin fell 266.0% year-over-year to 4.93%; the TTM figure through Jul 2026 stood at 2.64% (down 67.0% YoY), while the FY2026 annual figure was 1.92%, up 178.0% from the prior year.
- EBIT Margin came in at 4.93% for Q3 2026 at Elastic, down from 3.64% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 0.14% in Q1 2026 to a low of 25.26% in Q1 2023.
- Average EBIT Margin over 5 years is 10.35%, with a median of 8.05% recorded in 2024.
- Year-over-year, EBIT Margin slumped 818 bps in 2022 and surged 1721 bps in 2024.
- Over 5 years, EBIT Margin stood at 18.54% in 2022, then jumped by 63 bps to 6.93% in 2023, then surged by 83 bps to 1.21% in 2024, then tumbled by 61 bps to 1.94% in 2025, then plunged by 154 bps to 4.93% in 2026.
- Per Business Quant data, the three most recent EBIT Margin figures were 4.93% in Q3 2026, 3.64% in Q2 2026, and 0.14% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Snowflake | 118.87 Bn | 116.53 Bn | 1.04 Bn | -17.00% |
| 2 | MongoDB | 29.70 Bn | 27.29 Bn | 569.77 Mn | 3.68% |
| 3 | Sportradar Group AG | 11.66 Bn | 11.29 Bn | 376.06 Mn | 82.81% |
| 4 | Elastic | 9.64 Bn | 8.18 Bn | 356.19 Mn | -4.93% |
| 5 | Genius Sports | 3.80 Bn | 3.64 Bn | 63.79 Mn | -28.42% |
| 6 | Teradata | 2.61 Bn | 2.19 Bn | 243.00 Mn | 11.71% |
| 7 | Datavault AI | 170.89 Mn | 170.89 Mn | 2.88 Mn | -393.87% |
| 8 | Intermap Technologies | 52.16 Mn | 35.98 Mn | - | -103.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -4.93% |
| 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% |