Elastic (ESTC) Research & Development (2017 - 2026)
Elastic recorded quarterly Research & Development of $114.4 million in Q1 2026, up 5.77% quarter-over-quarter from $108.2 million in Q4 2025, and up 22.21% year-over-year from $93.6 million in Q1 2025.
Elastic's Research & Development history runs 10 years deep, the most recent figure standing at $114.4 million for Q1 2026.
- In Q1 2026, Research & Development rose 22.21% year-over-year to $114.4 million; the TTM figure through Jan 2026 stood at $426.3 million (up 16.79% YoY), while the FY2025 annual figure was $365.8 million, up 6.96% from the prior year.
- Research & Development came in at $114.4 million for Q1 2026 at Elastic, up from $108.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $114.4 million in Q1 2026 to a low of $71.7 million in Q1 2022.
- A 5-year average of $88.4 million and a median of $87.2 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 42.26% in 2022 and gained 0.76% in 2025, its largest moves.
- Elastic's Research & Development 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 advanced by 5.77% to $114.4 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $114.4 million, $108.2 million, and $109.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 1.62 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 437.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 823.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 508.44 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.11 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 840.00 Mn |
| 10 | Elastic | 5.79 Bn | 5.05 Bn | 343.44 Mn | 114.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 55.44 Mn |
| Jan 31, 2021 | 51.40 Mn |
| Oct 31, 2020 | 46.69 Mn |
| Jul 31, 2020 | 45.68 Mn |
| Apr 30, 2020 | 45.59 Mn |
| Jan 31, 2020 | 46.12 Mn |
| Oct 31, 2019 | 38.48 Mn |
| Jul 31, 2019 | 35.18 Mn |
| Apr 30, 2019 | 31.00 Mn |
| Jan 31, 2019 | 25.85 Mn |
| Oct 31, 2018 | 25.33 Mn |
| Jul 31, 2018 | 18.98 Mn |
| Apr 30, 2018 | 17.54 Mn |
| Jan 31, 2018 | 15.09 Mn |
| Oct 31, 2017 | 12.18 Mn |