Elastic (ESTC) Exchange Rate Effect (2018 - 2026)
Elastic's (ESTC) quarterly Exchange Rate Effect came in at -$2.3 million in Q2 2026, down 147.64% YoY from $4.8 million in Q2 2025, and down 293.91% on a QoQ basis from $1.2 million in Q1 2026.
Elastic (ESTC) Exchange Rate Effect (2018 - 2026) Analysis & Trends
Elastic's Exchange Rate Effect history runs 9 years deep, the most recent figure standing at -$2.3 million for Q2 2026.
- On a quarterly basis, Exchange Rate Effect fell 147.64% year-over-year to -$2.3 million in Q2 2026; TTM through Apr 2026 was -$1.4 million, a 338.51% decrease from a year earlier, with the FY2026 full-year figure at -$1.4 million, down 338.51% from the prior year.
- Exchange Rate Effect was -$2.3 million for Q2 2026 at Elastic, down from $1.2 million in the prior quarter.
- Over the last five years, Exchange Rate Effect for ESTC reached as high as $9.9 million in Q1 2023 and fell as low as -$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.
- The widest annual swing landed in 2022, when Exchange Rate Effect sank 4546.77%; it then jumped 2850.0% in 2024.
- Tracing ESTC's Exchange Rate Effect over 5 years: stood at -$7.2 million in 2022, then jumped by 32.44% to -$4.8 million in 2023, then jumped by 71.25% to -$1.4 million in 2024, then surged by 79.05% to -$291000.0 in 2025, then tumbled by 688.32% to -$2.3 million in 2026.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered -$2.3 million, $1.2 million, and -$291000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 148.68 Mn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -4.02 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | -24.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -3.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 11.00 Mn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | -12.97 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | -5.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | -42.50 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | -9.00 Mn |
| 10 | Elastic | 6.35 Bn | 5.57 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 |