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
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