TTM
76.1%
YoY change
+1.68pp
Trough year (2019)
71.3%
Peak year (2017)
77.5%
Latest annual
76.1%
Gross Margin history chart for Elastic N.V. (ESTC) from 2017 to 2026
Latest: 76.1%
Gross Margin change chart for Elastic N.V. (ESTC) from 2017 to 2026
Latest: +1.68pp
Gross Margin history table for Elastic N.V. (ESTC) from 2017 to 2026
| 2026 | 76.1% | +1.68pp | ||
| 2025 | 74.4% | +0.44pp | ||
| 2024 | 74.0% | +1.70pp | ||
| 2023 | 72.3% | -0.82pp | ||
| 2022 | 73.1% | -0.46pp | ||
| 2021 | 73.5% | +2.22pp | ||
| 2020 | 71.3% | +0.03pp | ||
| 2019 | 71.3% | -3.24pp | ||
| 2018 | 74.5% | -2.97pp | ||
| 2017 | 77.5% | — |
- 202676.1%+1.68pp
- 202574.4%+0.44pp
- 202474.0%+1.70pp
- 202372.3%-0.82pp
- 202273.1%-0.46pp
- 202173.5%+2.22pp
- 202071.3%+0.03pp
- 201971.3%-3.24pp
- 201874.5%-2.97pp
- 201777.5%—
Gross Margin values are taken from Elastic N.V.'s reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Elastic N.V. (ESTC)
According to Elastic N.V.'s latest reported financial statements, the company's latest reported gross margin is 76.1%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2026's annual gross margin for Elastic N.V. (ESTC) came in at 76.07% – expanded 1.7 percentage points year-over-year.
2017 marks the peak gross margin at 77.49%, with the historical low of 71.28% recorded in 2019.
Elastic N.V. Gross Margin by Year
Elastic N.V. Gross Margin 2026: 76.1%
Elastic N.V. gross margin in 2026 was 76.07%, expanded 1.7 percentage points from 2025.
Elastic N.V. Gross Margin 2025: 74.4%
2025's gross margin for Elastic N.V. came in at 74.39%, expanded 0.4 percentage points from 2024.
Elastic N.V. Gross Margin 2024: 74.0%
Elastic N.V. posted gross margin of 73.95% in 2024, expanded 1.7 percentage points from 2023.
Elastic N.V. Gross Margin 2023: 72.3%
In 2023, Elastic N.V. reported gross margin of 72.25%, contracted 0.8 percentage points from 2022.
Elastic N.V. Gross Margin 2022: 73.1%
Elastic N.V. gross margin in 2022 was 73.08%.
See more financial history for Elastic N.V. (ESTC).
Sector peers by Gross Margin
Technology peers of Elastic N.V. (ESTC), ranked by their latest gross margin
| 74.1% | |
| 68.3% | |
| 67.0% | |
| 61.8% | |
| 58.4% | |
| 52.6% | |
| 50.3% | |
| 47.9% |
- 74.1%
- 68.3%
- 67.0%
- 61.8%
- 52.6%
- 50.3%
- 47.9%
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Elastic N.V. (ESTC) Key Financials
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