Elastic ESTC
NYSE ESTC
$91.75 -4.34 (-4.52%)
At close: Sep 4, 2026 · 4:00 PM EDT

Elastic (ESTC) Operating Expenses (2017 - 2026)

Elastic's (ESTC) quarterly Operating Expenses came in at $379.8 million in Q3 2026, up 15.79% year-over-year from $328.0 million in Q3 2025, and up 6.67% quarter-over-quarter from $356.0 million in Q2 2026.

Analysis

Elastic (ESTC) Operating Expenses (2017 - 2026) Analysis & Trends

Elastic has disclosed Operating Expenses across 10 years of filings, most recently posting $379.8 million for Q3 2026.

  • In Q3 2026, Operating Expenses rose 15.79% year-over-year to $379.8 million; the TTM figure through Jul 2026 stood at $1.4 billion (up 17.67% YoY), while the FY2026 annual figure was $1.4 billion, up 17.11% from the prior year.
  • Operating Expenses came in at $379.8 million for Q3 2026 at Elastic, up from $356.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $379.8 million in Q3 2026 to a low of $208.5 million in Q1 2022.
  • Average Operating Expenses over 5 years is $283.9 million, with a median of $276.6 million recorded in 2024.
  • Year-over-year, Operating Expenses soared 39.37% in 2022 and increased 0.38% in 2024.
  • Over 5 years, Operating Expenses stood at $238.7 million in 2022, then increased by 5.61% to $252.1 million in 2023, then rose by 9.74% to $276.6 million in 2024, then increased by 19.19% to $329.7 million in 2025, then grew by 15.19% to $379.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $379.8 million in Q3 2026, $356.0 million in Q2 2026, and $342.8 million in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Snowflake 118.87 Bn 116.53 Bn 1.04 Bn 1.30 Bn
2 MongoDB 29.70 Bn 27.29 Bn 569.77 Mn 541.37 Mn
3 Sportradar Group AG 11.66 Bn 11.29 Bn 376.06 Mn 12.41 Mn
4 Elastic 9.64 Bn 8.18 Bn 356.19 Mn 379.76 Mn
5 Genius Sports 3.80 Bn 3.64 Bn 63.79 Mn 119.35 Mn
6 Teradata 2.61 Bn 2.19 Bn 243.00 Mn 195.00 Mn
7 Datavault AI 170.89 Mn 170.89 Mn 2.88 Mn 29.33 Mn
8 Intermap Technologies 52.16 Mn 35.98 Mn - 3.54 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 379.76 Mn
Apr 30, 2026 356.03 Mn
Jan 31, 2026 342.83 Mn
Oct 31, 2025 329.69 Mn
Jul 31, 2025 327.98 Mn
Apr 30, 2025 302.67 Mn
Jan 31, 2025 289.57 Mn
Oct 31, 2024 276.61 Mn
Jul 31, 2024 289.50 Mn
Apr 30, 2024 292.84 Mn
Jan 31, 2024 269.72 Mn
Oct 31, 2023 252.06 Mn
Jul 31, 2023 252.52 Mn
Apr 30, 2023 246.42 Mn
Jan 31, 2023 268.71 Mn
Oct 31, 2022 238.67 Mn
Jul 31, 2022 237.74 Mn
Apr 30, 2022 231.61 Mn
Jan 31, 2022 208.51 Mn
Oct 31, 2021 189.27 Mn