TTM
-1.9%
YoY change
+1.78pp
Trough year (2017)
-53.5%
Peak year (2026)
-1.9%
Latest annual
-1.9%
Operating Margin history chart for Elastic N.V. (ESTC) from 2017 to 2026
Latest: -1.9%
Operating Margin change chart for Elastic N.V. (ESTC) from 2017 to 2026
Latest: +1.78pp
Operating Margin history table for Elastic N.V. (ESTC) from 2017 to 2026
| 2026 | -1.9% | +1.78pp | ||
| 2025 | -3.7% | +6.55pp | ||
| 2024 | -10.3% | +10.25pp | ||
| 2023 | -20.5% | -0.36pp | ||
| 2022 | -20.1% | +1.14pp | ||
| 2021 | -21.3% | +18.73pp | ||
| 2020 | -40.0% | -2.70pp | ||
| 2019 | -37.3% | -7.30pp | ||
| 2018 | -30.0% | +23.49pp | ||
| 2017 | -53.5% | — |
- 2026-1.9%+1.78pp
- 2025-3.7%+6.55pp
- 2024-10.3%+10.25pp
- 2023-20.5%-0.36pp
- 2022-20.1%+1.14pp
- 2021-21.3%+18.73pp
- 2020-40.0%-2.70pp
- 2019-37.3%-7.30pp
- 2018-30.0%+23.49pp
- 2017-53.5%—
Operating 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 Operating Margin at Elastic N.V. (ESTC)
According to Elastic N.V.'s latest reported financial statements, the company's latest reported operating margin is -1.9%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2026, Elastic N.V. (ESTC) operating margin totalled -1.92% – expanded 1.8 percentage points year-over-year.
The record annual operating margin stands at -1.92%, reached in 2026; the historical low of -53.50% was recorded in 2017.
Elastic N.V. Operating Margin by Year
Elastic N.V. Operating Margin 2026: -1.9%
2026's operating margin for Elastic N.V. came in at -1.92%, expanded 1.8 percentage points from 2025. This figure represents the highest annual value in the available history.
Elastic N.V. Operating Margin 2025: -3.7%
Elastic N.V. posted operating margin of -3.70% in 2025, expanded 6.5 percentage points from 2024.
Elastic N.V. Operating Margin 2024: -10.3%
In 2024, Elastic N.V. reported operating margin of -10.25%, expanded 10.3 percentage points from 2023.
Elastic N.V. Operating Margin 2023: -20.5%
Elastic N.V. operating margin in 2023 was -20.50%, contracted 0.4 percentage points from 2022.
Elastic N.V. Operating Margin 2022: -20.1%
Elastic N.V. operating margin in 2022 was -20.14%.
See more financial history for Elastic N.V. (ESTC).
Sector peers by Operating Margin
Technology peers of Elastic N.V. (ESTC), ranked by their latest operating margin
| 64.0% | |
| 53.2% | |
| 48.5% | |
| 46.8% | |
| 43.7% | |
| 34.8% | |
| 32.6% | |
| 11.7% |
- 64.0%
- 53.2%
- 46.8%
- 43.7%
- 34.8%
- 32.6%
- 11.7%
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Elastic N.V. (ESTC) Key Financials
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