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Elastic ESTC Total Cost of Revenue

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Segments

By product

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Services$28.18M+9.7%

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
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
Research and development451,925365,758341,951
Sales and marketing710,188617,176559,648

Item 8. Financial Statements and Supplementary Data

FAQ

What is Elastic's total cost of revenue?
Elastic (ESTC) reported total cost of revenue of $111.06M in Q1 2026.
How has Elastic's total cost of revenue changed year-over-year?
Elastic's total cost of revenue increased by 13.6% year-over-year, from $97.79M to $111.06M.
What is the long-term trend for Elastic's total cost of revenue?
Over 4 years (2022 to 2026), Elastic's total cost of revenue has grown at a 15.7% compound annual growth rate (CAGR), from $232.19M to $416.27M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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