Elastic (ESTC) Operating Expenses (2017 - 2026)

Elastic's Operating Expenses history runs 10 years deep, the most recent figure standing at $342.8 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 18.39% year-over-year to $342.8 million; the TTM figure through Jan 2026 stood at $1.3 billion (up 13.47% YoY), while the FY2025 annual figure was $1.2 billion, up 8.55% from the prior year.
• Operating Expenses came in at $342.8 million for Q1 2026 at Elastic, up from $329.7 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $342.8 million in Q1 2026 to a low of $208.5 million in Q1 2022.
• A 5-year average of $274.0 million and a median of $269.7 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses soared 39.37% in 2022 and increased 0.38% in 2024, its largest moves.
• Elastic's Operating Expenses stood at $238.7 million in 2022, then rose by 5.61% to $252.1 million in 2023, then gained by 9.74% to $276.6 million in 2024, then rose by 19.19% to $329.7 million in 2025, then climbed by 3.99% to $342.8 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $342.8 million, $329.7 million, and $328.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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