Elastic (ESTC) Net Margin (2017 - 2026)
Elastic (ESTC) reported Net Margin of 96.72% for Q2 2026, up 10093.0% on a YoY basis from N/an in Q2 2025, and up 5503.71% sequentially from 1.73% in Q1 2026.
Elastic (ESTC) Net Margin (2017 - 2026) Analysis & Trends
Elastic (ESTC) has 10 years of Net Margin data on file, last reported at 96.72% in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 10093.0% year-over-year to 96.72%; the trailing twelve-month figure through Apr 2026 stood at 21.14% (up 2843.0% YoY), and the FY2026 full-year result was 21.14%, up 2843.0% from the prior year.
- Net Margin grew to 96.72% in Q2 2026, from 1.73% 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.
- A 5-year average of 4.11% and a median of 12.19% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin slumped 5815 bps in 2025 and jumped 10093 bps in 2026, its largest moves.
- Tracing ESTC's Net Margin over 5 years: stood at 17.88% in 2022, then jumped by 55 bps to 7.97% in 2023, then rose by 12 bps to 6.97% in 2024, then slumped by 74 bps to 12.11% in 2025, then surged by 899 bps to 96.72% in 2026.
- Business Quant data shows ESTC's Net Margin at 96.72% in Q2 2026, 1.73% in Q1 2026, and 12.11% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -18.33% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.29% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 18.93% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 7.47% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 22.90% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -21.25% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 22.77% |
| 10 | Elastic | 6.04 Bn | 5.27 Bn | 339.62 Mn | 96.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -14.17% |
| Apr 30, 2024 | -12.26% |
| Jan 31, 2024 | 53.69% |
| Oct 31, 2023 | -7.97% |
| Jul 31, 2023 | -16.51% |
| Apr 30, 2023 | -16.69% |
| Jan 31, 2023 | -26.43% |
| Oct 31, 2022 | -17.88% |
| Jul 31, 2022 | -27.81% |
| Apr 30, 2022 | -27.41% |
| Jan 31, 2022 | -25.31% |
| Oct 31, 2021 | -22.85% |
| Jul 31, 2021 | -17.89% |