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

Elastic has disclosed Research & Development across 10 years of filings, most recently posting $199.0 million for Q3 2026.

• In Q3 2026, Research & Development rose 14.33% year-over-year to $199.0 million; the TTM figure through Jul 2026 stood at $735.1 million (up 15.97% YoY), while the FY2026 annual figure was $710.2 million, up 15.07% from the prior year.
• Research & Development came in at $199.0 million for Q3 2026 at Elastic, up from $185.8 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $199.0 million in Q3 2026 to a low of $105.1 million in Q1 2022.
• Average Research & Development over 5 years is $148.1 million, with a median of $144.3 million recorded in 2024.
• Year-over-year, Research & Development surged 47.8% in 2022 and gained 3.94% in 2023.
• Over 5 years, Research & Development stood at $128.2 million in 2022, then advanced by 3.94% to $133.2 million in 2023, then advanced by 8.29% to $144.3 million in 2024, then gained by 20.31% to $173.6 million in 2025, then rose by 14.65% to $199.0 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $199.0 million in Q3 2026, $185.8 million in Q2 2026, and $176.8 million in Q1 2026.