Elastic (ESTC) Return on Sales [ROS] (2017 - 2026)
Elastic (ESTC) recorded Return on Sales [ROS] of -4.93% in fiscal Q1 2027 (quarter ended Jul 31, 2026), down 2.66 percentage points from -2.27% a year earlier and down 1.29 percentage points from the prior quarter.
Elastic (ESTC) Return on Sales [ROS] (2017 - 2026) Analysis & Trends
On a TTM basis, Elastic's Return on Sales [ROS] came in at -2.64% as of Jul 31, 2026, down 0.67 percentage points year-over-year; for FY2026 (ended Apr 30, 2026), it was -1.92%, up 1.78 percentage points from FY2025.
- Annual Return on Sales [ROS] has increased for three straight fiscal years, with a five-year change of +19.35 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Return on Sales [ROS] came in at -3.70% in FY2025 (+6.55 pp), -10.25% in FY2024 (+10.25 pp), -20.50% in FY2023 (-0.36 pp) and -20.14% in FY2022 (+1.14 pp).
- The fiscal Q1 2027 figure is the lowest quarterly Return on Sales [ROS] since fiscal Q1 2025.
- On a year-over-year basis, Return on Sales [ROS] rose in five of the last eight quarters, with an average year-over-year change of +3.50 percentage points.
- Peak year-over-year performance for Return on Sales [ROS] in the last five years was a gain of 17.21 percentage points in fiscal Q3 2024, against a drop of 8.18 percentage points in fiscal Q1 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -3.64% (Q4 2026), 0.14% (Q3 2026) and -1.94% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 235.00 Bn | 220.07 Bn | 2.30 Bn | 5.04% |
| 2 | CrowdStrike Holdings | 221.18 Bn | 201.58 Bn | 1.10 Bn | -2.26% |
| 3 | Snowflake | 96.49 Bn | 83.81 Bn | 1.04 Bn | -17.00% |
| 4 | Fortinet | 87.26 Bn | 71.51 Bn | 1.64 Bn | 33.89% |
| 5 | Datadog | 64.27 Bn | 44.82 Bn | 959.92 Mn | 6.24% |
| 6 | Zscaler | 31.67 Bn | 17.82 Bn | 689.22 Mn | -1.72% |
| 7 | Okta | 29.42 Bn | 19.51 Bn | 641.00 Mn | 13.29% |
| 8 | Axon Enterprise | 25.30 Bn | 19.82 Bn | 546.45 Mn | 5.17% |
| 9 | MongoDB | 25.20 Bn | 15.67 Bn | 569.77 Mn | 3.68% |
| 10 | Elastic | 8.99 Bn | 3.52 Bn | 356.19 Mn | -4.93% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -4.93% |
| Apr 30, 2026 | -3.64% |
| Jan 31, 2026 | 0.14% |
| Oct 31, 2025 | -1.94% |
| Jul 31, 2025 | -2.27% |
| Apr 30, 2025 | -3.09% |
| Jan 31, 2025 | -1.21% |
| Oct 31, 2024 | -1.21% |
| Jul 31, 2024 | -9.74% |
| Apr 30, 2024 | -13.65% |
| Jan 31, 2024 | -8.05% |
| Oct 31, 2023 | -6.93% |
| Jul 31, 2023 | -12.34% |
| Apr 30, 2023 | -14.34% |
| Jan 31, 2023 | -25.26% |
| Oct 31, 2022 | -18.54% |
| Jul 31, 2022 | -24.25% |
| Apr 30, 2022 | -24.91% |
| Jan 31, 2022 | -20.47% |
| Oct 31, 2021 | -18.05% |
Elastic Return on Sales [ROS] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=ESTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "ticker": "ESTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=ESTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();