Elastic (ESTC) Net Margin (2017 - 2026)
Elastic recorded quarterly Net Margin of 1.72% in Q1 2026, up 114.23% quarter-over-quarter from 12.11% in Q4 2025, and up 618.0% year-over-year from 0.24% in Q1 2025.
Elastic's Net Margin history runs 10 years deep, the most recent figure standing at 1.72% for Q1 2026.
- In Q1 2026, Net Margin rose 618.0% year-over-year to 1.72%; the TTM figure through Jan 2026 stood at 5.04% (up 425.0% YoY), while the FY2025 annual figure was 7.29%, down 1216.0% from the prior year.
- Net Margin came in at 1.72% for Q1 2026 at Elastic, up from 12.11% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 53.69% in Q1 2024 to a low of 27.81% in Q3 2022.
- A 5-year average of 10.04% and a median of 12.26% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin jumped 8012 bps in 2024 and tumbled 5815 bps in 2025, its largest moves.
- Elastic's Net Margin stood at 17.88% in 2022, then surged by 55 bps to 7.98% in 2023, then gained by 13 bps to 6.97% in 2024, then slumped by 74 bps to 12.11% in 2025, then surged by 114 bps to 1.72% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 1.72%, 12.11%, and 5.92% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 20.22% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 17.47% |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -18.33% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.44% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 22.77% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 29.52% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 22.90% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 35.80% |
| 10 | Elastic | 5.79 Bn | 5.05 Bn | 343.44 Mn | 1.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 1.72% |
| Oct 31, 2025 | -12.11% |
| Jul 31, 2025 | -5.92% |
| Apr 30, 2025 | -4.22% |
| Jan 31, 2025 | -4.46% |
| Oct 31, 2024 | -6.97% |
| Jul 31, 2024 | -14.18% |
| Apr 30, 2024 | -12.26% |
| Jan 31, 2024 | 53.69% |
| Oct 31, 2023 | -7.98% |
| Jul 31, 2023 | -16.51% |
| Apr 30, 2023 | -16.70% |
| Jan 31, 2023 | -26.42% |
| Oct 31, 2022 | -17.88% |
| Jul 31, 2022 | -27.81% |
| Apr 30, 2022 | -27.41% |
| Jan 31, 2022 | -25.31% |
| Oct 31, 2021 | -22.83% |
| Jul 31, 2021 | -17.86% |
| Apr 30, 2021 | -24.36% |
| Jan 31, 2021 | -24.17% |
| Oct 31, 2020 | -20.12% |
| Jul 31, 2020 | -14.77% |
| Apr 30, 2020 | -25.20% |
| Jan 31, 2020 | -39.15% |
| Oct 31, 2019 | -49.43% |
| Jul 31, 2019 | -46.56% |
| Apr 30, 2019 | -43.22% |
| Jan 31, 2019 | -30.14% |
| Oct 31, 2018 | -43.32% |
| Jul 31, 2018 | -32.80% |
| Apr 30, 2018 | -43.18% |
| Jan 31, 2018 | -31.98% |
| Oct 31, 2017 | -21.67% |