Elastic (ESTC) FCF Margin (2018 - 2026)
Elastic's (ESTC) quarterly FCF Margin came in at 33.24% in Q2 2026, up 1139.0% YoY from 2.68% in Q2 2025, and up 257.76% on a QoQ basis from 9.29% in Q1 2026.
Elastic (ESTC) FCF Margin (2018 - 2026) Analysis & Trends
Elastic's FCF Margin history runs 9 years deep, the most recent figure standing at 33.24% for Q2 2026.
- On a quarterly basis, FCF Margin rose 1139.0% year-over-year to 33.24% in Q2 2026; TTM through Apr 2026 was 18.5%, a 85.0% increase from a year earlier, with the FY2026 full-year figure at 18.5%, up 85.0% from the prior year.
- FCF Margin was 33.24% for Q2 2026 at Elastic, up from 9.29% in the prior quarter.
- Over the last five years, FCF Margin for ESTC reached as high as 33.24% in Q2 2026 and fell as low as 4.07% in Q3 2022.
- A 5-year average of 11.13% and a median of 9.8% in 2024 frame the typical range for FCF Margin.
- The widest annual swing landed in 2023, when FCF Margin soared 1673 bps; it then plunged 1355 bps in 2026.
- Tracing ESTC's FCF Margin over 5 years: stood at 3.9% in 2022, then plunged by 127 bps to 1.06% in 2023, then soared by 1075 bps to 10.31% in 2024, then tumbled by 40 bps to 6.14% in 2025, then jumped by 441 bps to 33.24% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 33.24%, 9.29%, and 6.14% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 36.77% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 15.02% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 58.89% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 20.82% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 41.64% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 36.83% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 31.84% |
| 10 | Elastic | 6.35 Bn | 5.57 Bn | 339.62 Mn | 33.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 33.24% |
| Jan 31, 2026 | 9.29% |
| Oct 31, 2025 | 6.14% |
| Jul 31, 2025 | 25.09% |
| Apr 30, 2025 | 21.85% |
| Jan 31, 2025 | 22.85% |
| Oct 31, 2024 | 10.31% |
| Jul 31, 2024 | 14.97% |
| Apr 30, 2024 | 17.94% |
| Jan 31, 2024 | 15.65% |
| Oct 31, 2023 | -1.06% |
| Jul 31, 2023 | 12.66% |
| Apr 30, 2023 | 9.25% |
| Jan 31, 2023 | 2.54% |
| Oct 31, 2022 | 3.90% |
| Jul 31, 2022 | -4.07% |
| Apr 30, 2022 | -0.55% |
| Jan 31, 2022 | 0.39% |
| Oct 31, 2021 | -4.74% |
| Jul 31, 2021 | 6.93% |