Elastic (ESTC) Exchange Rate Effect (2018 - 2026)
Elastic (ESTC) posted Exchange Rate Effect of -$2.3 million for Q2 2026, down 293.91% sequentially from $1.2 million in Q1 2026, and down 147.64% YoY from $4.8 million in Q2 2025.
Elastic (ESTC) Exchange Rate Effect (2018 - 2026) Analysis & Trends
Elastic has reported Exchange Rate Effect for 9 years, with the latest figure at -$2.3 million in Q2 2026.
- Quarterly Exchange Rate Effect fell 147.64% year-over-year to -$2.3 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$1.4 million (down 338.51% YoY) and the FY2026 annual result came in at -$1.4 million, down 338.51% from the prior year.
- Exchange Rate Effect declined to -$2.3 million in Q2 2026 per ESTC's latest filing, from $1.2 million in the prior quarter.
- Over five years, Exchange Rate Effect peaked at $9.9 million in Q1 2023 and troughed at -$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 sharpest annual moves came in 2022 and 2024: Exchange Rate Effect slumped 4546.77% in 2022, then jumped 2850.0% in 2024.
- Over 5 years, Exchange Rate Effect 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 slumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 104.61 Mn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | -4.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 11.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 54.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | - |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -2.82 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -24.10 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | -9.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 3.00 Mn |
| 10 | Elastic | 9.08 Bn | 8.31 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 |