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) Operating margin

Alert me on Operating margin

Elastic N.V.'s operating margin over the twelve months to 31 July 2026 was −2.64%, down 0.7 percentage points from fiscal 2026 (−1.92%). Over the past ten years it has ranged from −53.5% (fiscal 2017) to −1.92% (fiscal 2026) — the current reading is the highest in ten years. That is below the Software Application industry median of 0.00% and below the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 −1.92% 1.78
FY2025 −3.70% 6.55
FY2024 −10.3% 10.25
FY2023 −20.5% (0.36)
FY2022 −20.1% 1.14
FY2021 −21.3% 18.73
FY2020 −40.0% (2.70)
FY2019 −37.3% (7.30)
FY2018 −30.0% 23.49
FY2017 −53.5% —

Quarterly newest first

Period Operating margin Change (points)
Jul 2026 −4.93% (1.29)
Apr 2026 −3.64% (3.78)
Jan 2026 0.14% 2.08
Oct 2025 −1.94% 0.33
31 more quarters

Against its own ten years

Low −53.5% High −1.92%
Ten-year median −20.9%
Current reading's percentile 88

Operating margin against peers

Company Operating margin
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare 33.8%
YOU CLEAR Secure, Inc. compare 26.5%
PCTY Paylocity Holding Corporation compare 21.8%
APPF AppFolio, Inc. compare 18.8%
HUBS HubSpot, Inc. compare 5.34%
ESTC Elastic N.V. −2.64%
FROG JFrog Ltd. compare −11.5%
TTAN ServiceTitan Inc. compare −13.0%
QNT Quantinuum Inc. compare —
Software Application industry median 0.00%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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