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| Date | Value |
|---|---|
| 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 |