Elastic (ESTC) Research & Development (2017 - 2026)
Elastic (ESTC) reported Research & Development of $378.5 million for Q2 2026, up 133.95% on a YoY basis from $161.8 million in Q2 2025, and up 114.1% sequentially from $176.8 million in Q1 2026.
Elastic (ESTC) Research & Development (2017 - 2026) Analysis & Trends
Elastic (ESTC) has 10 years of Research & Development data on file, last reported at $378.5 million in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 133.95% year-over-year to $378.5 million; the trailing twelve-month figure through Apr 2026 stood at $838.0 million (up 35.78% YoY), and the FY2026 full-year result was $710.2 million, up 15.07% from the prior year.
- Research & Development rose to $378.5 million in Q2 2026, from $176.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $378.5 million in Q2 2026 to a low of $78.6 million in Q3 2022.
- A 5-year average of $151.8 million and a median of $137.4 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development plunged 65.44% in 2024 and jumped 133.95% in 2026, its largest moves.
- Tracing ESTC's Research & Development over 5 years: stood at $128.2 million in 2022, then sank by 37.5% to $80.1 million in 2023, then jumped by 80.1% to $144.3 million in 2024, then rose by 20.31% to $173.6 million in 2025, then surged by 118.07% to $378.5 million in 2026.
- Business Quant data shows ESTC's Research & Development at $378.5 million in Q2 2026, $176.8 million in Q1 2026, and $173.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Elastic | 6.04 Bn | 5.27 Bn | 339.62 Mn | 378.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 378.52 Mn |
| Jan 31, 2026 | 176.80 Mn |
| Oct 31, 2025 | 173.58 Mn |
| Jul 31, 2025 | 109.12 Mn |
| Apr 30, 2025 | 161.80 Mn |
| Jan 31, 2025 | 153.75 Mn |
| Oct 31, 2024 | 144.27 Mn |
| Jul 31, 2024 | 157.36 Mn |
| Apr 30, 2024 | 93.95 Mn |
| Jan 31, 2024 | 141.62 Mn |
| Oct 31, 2023 | 80.11 Mn |
| Jul 31, 2023 | 133.17 Mn |
| Apr 30, 2023 | 271.85 Mn |
| Jan 31, 2023 | 126.72 Mn |
| Oct 31, 2022 | 128.18 Mn |
| Jul 31, 2022 | 78.65 Mn |
| Apr 30, 2022 | 118.60 Mn |
| Jan 31, 2022 | 105.07 Mn |
| Oct 31, 2021 | 63.76 Mn |
| Jul 31, 2021 | 88.03 Mn |