Elastic (ESTC) Net Margin (2017 - 2026)
Elastic's (ESTC) quarterly Net Margin came in at 96.72% in Q2 2026, up 10094.0% YoY from N/an in Q2 2025, and up 5503.69% on a QoQ basis from 1.73% in Q1 2026.
Elastic (ESTC) Net Margin (2017 - 2026) Analysis & Trends
Elastic's Net Margin history runs 10 years deep, the most recent figure standing at 96.72% for Q2 2026.
- On a quarterly basis, Net Margin rose 10094.0% year-over-year to 96.72% in Q2 2026; TTM through Apr 2026 was 21.14%, a 2844.0% increase from a year earlier, with the FY2026 full-year figure at 21.14%, up 2843.0% from the prior year.
- Net Margin was 96.72% for Q2 2026 at Elastic, up from 1.73% in the prior quarter.
- Over the last five years, Net Margin for ESTC reached as high as 96.72% in Q2 2026 and fell as low as 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.
- The widest annual swing landed in 2025, when Net Margin slumped 5816 bps; it then soared 10094 bps in 2026.
- Tracing ESTC's Net Margin over 5 years: stood at 17.89% in 2022, then jumped by 55 bps to 7.98% in 2023, then advanced by 13 bps to 6.97% in 2024, then slumped by 74 bps to 12.11% in 2025, then soared by 899 bps to 96.72% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 96.72%, 1.73%, and 12.11% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.33% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 18.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 22.77% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.44% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 22.90% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 25.87% |
| 10 | Elastic | 6.35 Bn | 5.57 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 | -5.92% |
| 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 | 53.70% |
| Oct 31, 2023 | -7.98% |
| Jul 31, 2023 | -16.51% |
| 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% |
| Jul 31, 2021 | -17.86% |