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Elastic ESTC Total subscription — Total Cost of Revenue

Other product segments

Services
$28.18M+9.7%

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Other financials

Income statement

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Revenue$450.7M+16.0%
Gross profit$339.6M+16.8%
Operating income-$16.4M-36.5%
Net income$435.9M+2,761%
EPS (diluted)$4.07+2,813%

Balance sheet

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Cash & equivalents$768.7M+5.1%
Total debt$591.6M-0.6%
Total equity$1.3B+37.7%
Total assets$3.2B+21.6%

Cash flow

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Operating cash flow$152.7M+75.6%
CapEx$2.9M+36.8%
Free cash flow$149.8M+76.5%

Valuation

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Market cap$7.27B-14.6%
Enterprise value$7.09B-15.9%
P/E19.8×
P/S4.2×-1.3×

Profitability

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Gross margin76.1%+1.7pp
Operating margin-1.9%-0.6pp
Net margin21.1%+16.8pp
FCF margin18.5%+0.9pp

Returns & leverage

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Return on equity33.4%+26.1pp
Debt / equity0.5×-0.2×
Current ratio1.7×-0.2×

Where this comes from

Reported directly by Elastic in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Elastic’s 10-K, filed June 8, 2026.

Filed
Jun 8, 2026, 5:22 PM EDT
Fiscal year
FY2026
Accession
0001707753-26-000018
Line itemYear Ended April 30, 2026Year Ended April 30, 20252024
Services104,87698,77690,715
Total revenue1,739,3311,483,2961,267,321
Cost of revenue
Subscription310,169282,585246,285
Services106,10397,28883,794
Total cost of revenue416,272379,873330,079
Gross profit1,323,0591,103,423937,242
Operating expenses

Item 8. Financial Statements and Supplementary Data

FAQ

What is Elastic's total subscription — total cost of revenue?
Elastic (ESTC) reported total subscription — total cost of revenue of $82.88M in Q1 2026.
How has Elastic's total subscription — total cost of revenue changed year-over-year?
Elastic's total subscription — total cost of revenue increased by 15.0% year-over-year, from $72.09M to $82.88M.
What is the long-term trend for Elastic's total subscription — total cost of revenue?
Over 4 years (2022 to 2026), Elastic's total subscription — total cost of revenue has grown at a 14.9% compound annual growth rate (CAGR), from $178.2M to $310.17M.
What does total subscription — total cost of revenue mean?
This metric captures the direct costs associated with delivering subscription services, including cloud infrastructure hosting, customer support, and technical operations. Monitoring this figure helps assess the scalability of the service delivery model and the efficiency of the underlying infrastructure.

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