How does Elastic N.V. (ESTC) make money?

Elastic N.V. (ESTC) primarily makes money through Subscription, which accounts for 94.1% of total revenue. For TTM through Q2 2026, Elastic N.V. generated $1.74B in total revenue with a net profit margin of 21.1%.

What is Elastic N.V. (ESTC) gross profit margin?

Elastic N.V. (ESTC) reported a gross profit margin of 76.1% for TTM through Q2 2026, equivalent to $1.32B in gross profit. This means Elastic N.V. retains 76.1% of each revenue unit after direct costs of production.

What is Elastic N.V. (ESTC) operating profit margin?

Elastic N.V. (ESTC) reported an operating profit margin of -1.9% for TTM through Q2 2026, equivalent to −$33.48M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Elastic N.V. (ESTC) net profit margin?

Elastic N.V. (ESTC) reported a net profit margin of 21.1% for TTM through Q2 2026, equivalent to $367.77M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Elastic N.V. (ESTC) invest in R&D?

Elastic N.V. (ESTC) invested $451.93M in research and development in TTM through Q2 2026 (26.0% of total revenue). R&D spending reflects investment in future products, services, and technologies.

How much does Elastic N.V. (ESTC) spend on capital expenditures?

Elastic N.V. (ESTC) spent $5.09M on capital expenditures in TTM through Q2 2026 (0.3% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Elastic N.V. (ESTC) free cash flow?

Elastic N.V. (ESTC) generated $321.80M in free cash flow for TTM through Q2 2026 (18.5% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What are Elastic N.V. (ESTC) main revenue segments?

Elastic N.V. (ESTC) reports revenue across 2 reportable product segments, led by Subscription at 94.1% of total revenue in TTM through Q2 2026. The full segment-by-segment breakdown is shown in the revenue-by-segment table on this page.

Where does Elastic N.V. (ESTC) generate most of its revenue?

Geographically, 56.4% of Elastic N.V. (ESTC) revenue came from UNITED STATES in the most recent annual filing. The full regional split is shown in the revenue-by-geography table on this page.

How Elastic N.V. (ESTC) Makes Money: A Visual Guide

Elastic N.V. (ESTC) generated $1.74B in revenue, earning $367.77M in net profit (21.1% margin). Its largest revenue source is Subscription (94.1% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

In TTM through Q2 2026, Elastic N.V. (ESTC) generated revenue across 2 reportable product segments; the largest contributor was Subscription at 94.1%, followed by Professional Services (5.9%). Geographically, UNITED STATES accounted for 56.4% of revenue, followed by Non-US (43.6%).

Elastic N.V. (ESTC) Income Statement Flow — TTM through Q2 2026

Calculated from the four most recent reported quarters, ending April 30, 2026 (reported February 27, 2026).

Elastic N.V. (ESTC) Revenue by Product Segment — TTM through Q2 2026

Subscription
Revenue
$1.64B
% of total
94.1%
Professional Services
Revenue
$103.44M
% of total
5.9%
Total
Revenue
$1.74B
% of total
100%

Segment	Revenue	% of total
Subscription	$1.64B	94.1%
Professional Services	$103.44M	5.9%
Total	$1.74B	100%

View Elastic N.V. (ESTC) revenue history

Elastic N.V. (ESTC) Revenue by Geography — FY 2025 (period end April 30, 2025)

Quarterly geographic data is unavailable for this period, so the table reflects the company's last annual disclosure (FY 2025 (period end April 30, 2025)). The income statement above uses TTM through Q2 2026, so regional dollars and percentages will not match line-for-line.

UNITED STATES
Revenue
$836.23M
% of total
56.4%
Non-US
Revenue
$647.07M
% of total
43.6%
Total
Revenue
$1.48B
% of total
100%

Region	Revenue	% of total
UNITED STATES	$836.23M	56.4%
Non-US	$647.07M	43.6%
Total	$1.48B	100%

View Elastic N.V. (ESTC) revenue history

Frequently asked questions

How does Elastic N.V. (ESTC) make money?: Elastic N.V. (ESTC) primarily makes money through Subscription, which accounts for 94.1% of total revenue. For TTM through Q2 2026, Elastic N.V. generated $1.74B in total revenue with a net profit margin of 21.1%.
What is Elastic N.V. (ESTC) gross profit margin?: Elastic N.V. (ESTC) reported a gross profit margin of 76.1% for TTM through Q2 2026, equivalent to $1.32B in gross profit. This means Elastic N.V. retains 76.1% of each revenue unit after direct costs of production.
What is Elastic N.V. (ESTC) operating profit margin?: Elastic N.V. (ESTC) reported an operating profit margin of -1.9% for TTM through Q2 2026, equivalent to −$33.48M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Elastic N.V. (ESTC) net profit margin?: Elastic N.V. (ESTC) reported a net profit margin of 21.1% for TTM through Q2 2026, equivalent to $367.77M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Elastic N.V. (ESTC) invest in R&D?: Elastic N.V. (ESTC) invested $451.93M in research and development in TTM through Q2 2026 (26.0% of total revenue). R&D spending reflects investment in future products, services, and technologies.
How much does Elastic N.V. (ESTC) spend on capital expenditures?: Elastic N.V. (ESTC) spent $5.09M on capital expenditures in TTM through Q2 2026 (0.3% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Elastic N.V. (ESTC) free cash flow?: Elastic N.V. (ESTC) generated $321.80M in free cash flow for TTM through Q2 2026 (18.5% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What are Elastic N.V. (ESTC) main revenue segments?: Elastic N.V. (ESTC) reports revenue across 2 reportable product segments, led by Subscription at 94.1% of total revenue in TTM through Q2 2026. The full segment-by-segment breakdown is shown in the revenue-by-segment table on this page.
Where does Elastic N.V. (ESTC) generate most of its revenue?: Geographically, 56.4% of Elastic N.V. (ESTC) revenue came from UNITED STATES in the most recent annual filing. The full regional split is shown in the revenue-by-geography table on this page.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
Where do segment and geographic numbers come from?: Product-segment shares come from the same TTM income statement that powers the Sankey chart. Geographic splits are first rebuilt from the four most recent quarterly geographic-segmentation filings so they align with the same TTM window; if quarterly geo data is missing, we fall back to the latest annual disclosure (the table heading shows which one is in use).
When was this data last updated?: Based on company filings through TTM through Q2 2026.