Elastic ESTC Ratios & Valuation
| Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 76.1%+1.7pp | 76%+1.8pp | 75.5%+1.5pp | 75.2%+1.3pp | 74.4%+0.4pp | |
| Operating margin | -1.9%+1.8pp | -1.7%+4.5pp | -2.1%+5.9pp | -2%+7.7pp | -3.7%+6.5pp | |
| Net margin | 21.1%+28.4pp | -5%— | -6.8%— | -5.4%— | -7.3%— | |
| Returns | ||||||
| Return on equity | 33.4%+46.4pp | -10.2%— | -12.8%— | -9.6%— | -13%— | |
| Return on invested capital | -3.5%+3.4pp | -1.9%+8.9pp | -2.4%+16.1pp | -3.7%+19.0pp | -7%+15.9pp | |
| Efficiency | ||||||
| Asset turnover | 0.6×0.0× | 0.7×+0.1× | 0.7×0.0× | 0.7×0.0× | 0.6×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.7×-0.2× | 1.8×-0.2× | 2×0.0× | 2.1×+0.2× | 1.9×+0.2× | |
| Leverage | ||||||
| Debt-to-equity | 0.5×-0.2× | 0.7×+0.1× | 0.7×-0.1× | 0.6×-0.2× | 0.6×-0.2× | |
| Per Share | ||||||
| Book value per share | $11.91+33.1% | $7.45-9.8% | $8.36+6.4% | $9.17+23.5% | $8.94+26.0% | |
| Valuation | ||||||
| Market capitalization | $4.81B-44.0% | $6.95B-40.5% | $9.48B+15.0% | $8.83B-20.8% | $8.57B-16.8% | |
| Price / earnings | 13.1×— | —— | —— | —— | —— | |
| Price / sales | 2.8×-3.0× | 4.1×-4.0× | 5.9×-0.1× | 5.7×-2.7× | 5.8×-2.4× | |
| Price / book | 3.8×-5.5× | 8.8×-4.8× | 10.6×+0.5× | 9.1×-5.6× | 9.2×-4.7× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Elastic's profit margins?
- Elastic (ESTC) runs a 76.1% gross margin and a -1.9% operating margin, with a 21.1% net margin.
- Where do Elastic's ratios come from?
- Every ratio is computed from Elastic's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.