Elastic (ESTC) Exchange Rate Effect (2018 - 2026)

Elastic (ESTC) reported Exchange Rate Effect of -$2.3 million for Q2 2026, down 147.64% on a YoY basis from $4.8 million in Q2 2025, and down 293.91% sequentially from $1.2 million in Q1 2026.

Elastic (ESTC) Exchange Rate Effect (2018 - 2026) Analysis & Trends

Elastic (ESTC) has 9 years of Exchange Rate Effect data on file, last reported at -$2.3 million in Q2 2026.

  • For the quarter ending Q2 2026, Exchange Rate Effect fell 147.64% year-over-year to -$2.3 million; the trailing twelve-month figure through Apr 2026 stood at -$1.4 million (down 338.51% YoY), and the FY2026 full-year result was -$1.4 million, down 338.51% from the prior year.
  • Exchange Rate Effect declined to -$2.3 million in Q2 2026, from $1.2 million in the prior quarter.
  • In the past five years, Exchange Rate Effect ranged from a high of $9.9 million in Q1 2023 to a low of -$8.9 million in Q1 2022.
  • A 5-year average of -$1.1 million and a median of -$458000.0 in 2024 frame the typical range for Exchange Rate Effect.
  • Across the five-year window, Exchange Rate Effect plunged 4546.77% in 2022 and surged 2850.0% in 2024, its largest moves.
  • Tracing ESTC's Exchange Rate Effect over 5 years: stood at -$7.2 million in 2022, then surged by 32.44% to -$4.8 million in 2023, then surged by 71.25% to -$1.4 million in 2024, then soared by 79.05% to -$291000.0 in 2025, then tumbled by 688.32% to -$2.3 million in 2026.
  • Business Quant data shows ESTC's Exchange Rate Effect at -$2.3 million in Q2 2026, $1.2 million in Q1 2026, and -$291000.0 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Exchange Rate Effect (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 148.68 Mn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -4.02 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -3.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn -24.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 11.00 Mn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn -
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -42.50 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -2.82 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn -12.97 Mn
10 Elastic 6.04 Bn 5.27 Bn 339.62 Mn -2.29 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 -2.29 Mn
Apr 30, 2026 -2.29 Mn
Jan 31, 2026 1.18 Mn
Jan 31, 2026 1.18 Mn
Oct 31, 2025 -291,000.00
Oct 31, 2025 -291,000.00
Jul 31, 2025 -10,000.00
Jul 31, 2025 -10,000.00
Apr 30, 2025 4.82 Mn
Apr 30, 2025 4.82 Mn
Jan 31, 2025 -4.99 Mn
Jan 31, 2025 -4.99 Mn
Oct 31, 2024 -1.39 Mn
Oct 31, 2024 -1.39 Mn
Jul 31, 2024 1.24 Mn
Jul 31, 2024 1.24 Mn
Apr 30, 2024 -625,000.00
Apr 30, 2024 -625,000.00
Jan 31, 2024 1.01 Mn
Jan 31, 2024 1.01 Mn