Elastic (ESTC) Gross Margin (2017 - 2026)

Elastic has disclosed Gross Margin across 10 years of filings, most recently posting 74.5% for Q3 2026.

• In Q3 2026, Gross Margin fell 221.0% year-over-year to 74.5%; the TTM figure through Jul 2026 stood at 75.5% (up 32.0% YoY), while the FY2026 annual figure was 76.07%, up 168.0% from the prior year.
• Gross Margin came in at 74.5% for Q3 2026 at Elastic, down from 75.36% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 76.7% in Q3 2025 to a low of 70.82% in Q3 2022.
• Average Gross Margin over 5 years is 73.97%, with a median of 74.19% recorded in 2024.
• Year-over-year, Gross Margin tumbled 346 bps in 2022 and soared 311 bps in 2025.
• Over 5 years, Gross Margin stood at 71.73% in 2022, then advanced by 3 bps to 74.22% in 2023, then advanced by 0 bps to 74.5% in 2024, then advanced by 2 bps to 75.91% in 2025, then retreated by 2 bps to 74.5% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 74.5% in Q3 2026, 75.36% in Q2 2026, and 76.34% in Q1 2026.