Elastic (ESTC) Research & Development (2017 - 2026)

Elastic's (ESTC) quarterly Research & Development came in at $120.3 million in Q2 2026, up 27.04% YoY from $94.7 million in Q2 2025, and up 5.13% on a QoQ basis from $114.4 million in Q1 2026.

Elastic (ESTC) Research & Development (2017 - 2026) Analysis & Trends

Elastic's Research & Development history runs 10 years deep, the most recent figure standing at $120.3 million for Q2 2026.

  • On a quarterly basis, Research & Development rose 27.04% year-over-year to $120.3 million in Q2 2026; TTM through Apr 2026 was $451.9 million, a 23.56% increase from a year earlier, with the FY2026 full-year figure at $451.9 million, up 23.56% from the prior year.
  • Research & Development was $120.3 million for Q2 2026 at Elastic, up from $114.4 million in the prior quarter.
  • Over the last five years, Research & Development for ESTC reached as high as $120.3 million in Q2 2026 and fell as low as $71.7 million in Q1 2022.
  • A 5-year average of $90.2 million and a median of $87.7 million in 2024 frame the typical range for Research & Development.
  • The widest annual swing landed in 2022, when Research & Development soared 42.26%; it then increased 0.76% in 2025.
  • Tracing ESTC's Research & Development over 5 years: stood at $75.6 million in 2022, then climbed by 6.01% to $80.1 million in 2023, then rose by 10.06% to $88.2 million in 2024, then increased by 22.67% to $108.2 million in 2025, then rose by 11.2% to $120.3 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $120.3 million, $114.4 million, and $108.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -37.02 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 951.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 437.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 1.63 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 508.44 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 823.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 253.90 Mn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 1.20 Bn
10 Elastic 6.35 Bn 5.57 Bn 339.62 Mn 120.26 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 120.26 Mn
Jan 31, 2026 114.39 Mn
Oct 31, 2025 108.15 Mn
Jul 31, 2025 109.12 Mn
Apr 30, 2025 94.67 Mn
Jan 31, 2025 93.60 Mn
Oct 31, 2024 88.16 Mn
Jul 31, 2024 89.33 Mn
Apr 30, 2024 93.95 Mn
Jan 31, 2024 87.20 Mn
Oct 31, 2023 80.11 Mn
Jul 31, 2023 80.69 Mn
Apr 30, 2023 81.77 Mn
Jan 31, 2023 77.47 Mn
Oct 31, 2022 75.57 Mn
Jul 31, 2022 78.65 Mn
Apr 30, 2022 78.87 Mn
Jan 31, 2022 71.75 Mn
Oct 31, 2021 63.76 Mn
Jul 31, 2021 59.38 Mn