Elastic (ESTC) Tax Provisions (2017 - 2026)

Elastic's (ESTC) quarterly Tax Provisions came in at -$445.7 million in Q2 2026, down 3915.95% YoY from $11.7 million in Q2 2025, and down 27754.06% on a QoQ basis from -$1.6 million in Q1 2026.

Elastic (ESTC) Tax Provisions (2017 - 2026) Analysis & Trends

Elastic's Tax Provisions history runs 10 years deep, the most recent figure standing at -$445.7 million for Q2 2026.

  • On a quarterly basis, Tax Provisions fell 3915.95% year-over-year to -$445.7 million in Q2 2026; TTM through Apr 2026 was -$370.1 million, a 583.26% decrease from a year earlier, with the FY2026 full-year figure at -$370.1 million, down 583.46% from the prior year.
  • Tax Provisions was -$445.7 million for Q2 2026 at Elastic, down from -$1.6 million in the prior quarter.
  • Over the last five years, Tax Provisions for ESTC reached as high as $52.6 million in Q4 2025 and fell as low as -$445.7 million in Q2 2026.
  • A 5-year average of -$25.5 million and a median of $6.1 million in 2023 frame the typical range for Tax Provisions.
  • The widest annual swing landed in 2024, when Tax Provisions sank 8371.18%; it then jumped 553.38% in 2025.
  • Tracing ESTC's Tax Provisions over 5 years: stood at $7.0 million in 2022, then retreated by 26.92% to $5.1 million in 2023, then jumped by 360.46% to $23.7 million in 2024, then jumped by 121.91% to $52.6 million in 2025, then slumped by 947.4% to -$445.7 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered -$445.7 million, -$1.6 million, and $52.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -32.53 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 194.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -53.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 614.00 Mn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 92.44 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 204.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 422.00 Mn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 526.00 Mn
10 Elastic 6.35 Bn 5.57 Bn 339.62 Mn -445.67 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 -445.67 Mn
Jan 31, 2026 -1.60 Mn
Oct 31, 2025 52.59 Mn
Jul 31, 2025 24.59 Mn
Apr 30, 2025 11.68 Mn
Jan 31, 2025 21.10 Mn
Oct 31, 2024 23.70 Mn
Jul 31, 2024 20.10 Mn
Apr 30, 2024 -2.58 Mn
Jan 31, 2024 -200.33 Mn
Oct 31, 2023 5.15 Mn
Jul 31, 2023 13.26 Mn
Apr 30, 2023 6.97 Mn
Jan 31, 2023 2.42 Mn
Oct 31, 2022 7.04 Mn
Jul 31, 2022 2.85 Mn
Apr 30, 2022 -3.29 Mn
Jan 31, 2022 3.84 Mn
Oct 31, 2021 2.90 Mn
Jul 31, 2021 2.65 Mn