Elastic ESTC Services — Stock-based compensation expense

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Questions, answered.

What is Elastic's services — stock-based compensation expense?

Elastic (ESTC) reported services — stock-based compensation expense of $3.98M in Q1 2026.

How has Elastic's services — stock-based compensation expense changed year-over-year?

Elastic's services — stock-based compensation expense increased by 7.9% year-over-year, from $3.69M to $3.98M.

What is the long-term trend for Elastic's services — stock-based compensation expense?

Over 2 years (2024 to 2026), Elastic's services — stock-based compensation expense has grown at a 12.7% compound annual growth rate (CAGR), from $12.54M to $15.92M.

What does services — stock-based compensation expense mean?

This represents the non-cash expense recognized for equity-based awards granted to employees within the services division. It is a critical component for investors to evaluate the true economic cost of talent acquisition and retention relative to the segment's operational output.