Elastic N.V.

ESTC Technology Software Application

Elastic N.V.’s revenue for fiscal 2026 (year ended April 2026) was $1.7 billion, up 17.3% from fiscal 2025.

Revenue
+15.1%
EPS
+30.4%
Free cash flow
+26.1%
Total debt
+0.21%

Quarter to July 2026, against a year earlier

84.54 5.14 −5.73%
Market cap
$8.9B
P/E
23.4×
Fwd P/E
376×
Dividend yield
—
F-score
5/9
Altman Z
2.07
Beneish M
−2.03
Dividend safety
n/a

Elastic N.V. (ESTC) Gross margin

Alert me on Gross margin

Elastic N.V.'s gross margin over the twelve months to 31 July 2026 was 75.5%, down 0.6 percentage points from fiscal 2026 (76.1%). Over the past ten years it has ranged from 71.3% (fiscal 2019) to 77.5% (fiscal 2017); the current reading is higher than 90% of that period. That is above the Software Application industry median of 66.9% and above the Technology sector median of 46.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 76.1% 1.68
FY2025 74.4% 0.44
FY2024 74.0% 1.70
FY2023 72.3% (0.83)
FY2022 73.1% (0.45)
FY2021 73.5% 2.22
FY2020 71.3% 0.03
FY2019 71.3% (3.25)
FY2018 74.5% (2.96)
FY2017 77.5% —

Quarterly newest first

Period Gross margin Change (points)
Jul 2026 74.5% (0.86)
Apr 2026 75.4% (0.98)
Jan 2026 76.3% 0.43
Oct 2025 75.9% (0.79)
31 more quarters

Against its own ten years

Low 71.3% High 77.5%
Ten-year median 73.7%
Current reading's percentile 91

Gross margin against peers

Company Gross margin
HUBS HubSpot, Inc. compare 83.0%
FROG JFrog Ltd. compare 77.9%
ESTC Elastic N.V. 75.5%
TTAN ServiceTitan Inc. compare 71.1%
PCTY Paylocity Holding Corporation compare 69.2%
YOU CLEAR Secure, Inc. compare 67.5%
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare 65.8%
APPF AppFolio, Inc. compare 63.8%
QNT Quantinuum Inc. compare —
Software Application industry median 66.9%
Technology sector median 46.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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