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| Date | Value |
|---|---|
| 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 |