Elastic (ESTC) Net Margin (2017 - 2026)
Elastic's (ESTC) quarterly Net Margin came in at 3.5% in Q3 2026, up 243.0% year-over-year from 1.02% in Q3 2025, and down 103.62% quarter-over-quarter from 96.72% in Q2 2026.
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Analysis
Elastic (ESTC) Net Margin (2017 - 2026) Analysis & Trends
Elastic has disclosed Net Margin across 10 years of filings, most recently posting 3.5% for Q3 2026.
- In Q3 2026, Net Margin rose 243.0% year-over-year to 3.5%; the TTM figure through Jul 2026 stood at 20.84% (up 2623.0% YoY), while the FY2026 annual figure was 21.14%, up 2843.0% from the prior year.
- Net Margin came in at 3.5% for Q3 2026 at Elastic, down from 96.72% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 96.72% in Q2 2026 to a low of 27.81% in Q3 2022.
- Average Net Margin over 5 years is 4.08%, with a median of 12.11% recorded in 2025.
- Year-over-year, Net Margin slumped 5817 bps in 2025 and surged 10093 bps in 2026.
- Over 5 years, Net Margin stood at 17.89% in 2022, then soared by 55 bps to 7.98% in 2023, then gained by 13 bps to 6.97% in 2024, then plunged by 74 bps to 12.11% in 2025, then jumped by 71 bps to 3.5% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 3.5% in Q3 2026, 96.72% in Q2 2026, and 1.73% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Snowflake | 118.87 Bn | 116.53 Bn | 1.04 Bn | -12.39% |
| 2 | MongoDB | 29.70 Bn | 27.29 Bn | 569.77 Mn | 5.30% |
| 3 | Sportradar Group AG | 11.66 Bn | 11.29 Bn | 376.06 Mn | -0.93% |
| 4 | Elastic | 9.64 Bn | 8.18 Bn | 356.19 Mn | -3.50% |
| 5 | Genius Sports | 3.80 Bn | 3.64 Bn | 63.79 Mn | -36.76% |
| 6 | Teradata | 2.61 Bn | 2.19 Bn | 243.00 Mn | 11.22% |
| 7 | Datavault AI | 170.89 Mn | 170.89 Mn | 2.88 Mn | -1,310.48% |
| 8 | Intermap Technologies | 52.16 Mn | 35.98 Mn | - | -108.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -3.50% |
| Apr 30, 2026 | 96.72% |
| Jan 31, 2026 | 1.73% |
| Oct 31, 2025 | -12.11% |
| Jul 31, 2025 | -5.93% |
| Apr 30, 2025 | -4.21% |
| Jan 31, 2025 | -4.46% |
| Oct 31, 2024 | -6.97% |
| Jul 31, 2024 | -14.18% |
| Apr 30, 2024 | -12.27% |
| Jan 31, 2024 | 53.70% |
| Oct 31, 2023 | -7.98% |
| Jul 31, 2023 | -16.53% |
| Apr 30, 2023 | -16.69% |
| Jan 31, 2023 | -26.43% |
| Oct 31, 2022 | -17.89% |
| Jul 31, 2022 | -27.81% |
| Apr 30, 2022 | -27.41% |
| Jan 31, 2022 | -25.33% |
| Oct 31, 2021 | -22.85% |