What is Elastic's gross profit?

Elastic (ESTC) reported gross profit of $339.62M in Q1 2026.

How has Elastic's gross profit changed year-over-year?

Elastic's gross profit increased by 16.8% year-over-year, from $290.65M to $339.62M.

What is the long-term trend for Elastic's gross profit?

Over 5 years (2021 to 2026), Elastic's gross profit has grown at a 24.2% compound annual growth rate (CAGR), from $447.44M to $1.32B.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Elastic ESTC Gross Profit

Gross Profit at other companies

Cisco Systems, Inc.CSCO

$10.08B+8.6%

MongoDBMDB

$496.18M+26.9%

CrowdStrike Holdings, Inc.CRWD

$1.04B+27.9%

Datadog, Inc.DDOG

$797.2M+32.0%

DynatraceDT

$430.32M+19.5%

Insight EnterprisesNSIT

$462.15M+13.7%

Other financials

Income statement

See full

Revenue$450.7M+16.0%

Operating income-$16.4M-36.5%

Net income$435.9M+2,761%

EPS (diluted)$4.07+2,813%

Balance sheet

See full

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

See full

Operating cash flow$152.7M+75.6%

CapEx$2.9M+36.8%

Free cash flow$149.8M+76.5%

Valuation

See full

Market cap$6.13B-44.0%

Profitability

See full

Gross margin76.1%+1.7pp

Operating margin-1.9%-0.6pp

Net margin21.1%+16.8pp

FCF margin18.5%+0.9pp

Returns & leverage

See full

Return on equity33.4%+26.1pp

Debt / equity0.5×-0.2×

Current ratio1.7×-0.2×

Where this comes from

Calculated from Elastic’s reported figures.

$450.7Mtotal revenue−$111.1Mtotal cost of revenue=$339.62M

The official record: Elastic’s 10-K, filed June 8, 2026, on SEC EDGAR. View the filing →

Ask your AI about Elastic's gross profit.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Elastic's gross profit?: Elastic (ESTC) reported gross profit of $339.62M in Q1 2026.
How has Elastic's gross profit changed year-over-year?: Elastic's gross profit increased by 16.8% year-over-year, from $290.65M to $339.62M.
What is the long-term trend for Elastic's gross profit?: Over 5 years (2021 to 2026), Elastic's gross profit has grown at a 24.2% compound annual growth rate (CAGR), from $447.44M to $1.32B.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.