SuperworthElastic profit margin ESTC
Gross, operating and net profit as a share of revenue over the last twelve months, from 2018.
- Net margin, 12 months
- 20.8%
- Operating margin, 12 months
- −2.6%
- Net margin on a year earlier
- +26.2 pts
- Peer median
- 16.9%
Over the twelve months to Jul 31, 2026, Elastic kept 20.8% of its revenue as net profit, with an operating margin of −2.6% and a gross margin of 75.5%.
Five years earlier its net margin was −21.5%.
The median for 10 application software stocks of a similar size is 16.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 21.1% | −1.9% | 76.1% |
| FY2025 | −7.3% | −3.7% | 74.4% |
| FY2024 | 4.9% | −10.3% | 74.0% |
| FY2023 | −22.1% | −20.5% | 72.3% |
| FY2022 | −23.6% | −20.1% | 73.1% |
| FY2021 | −21.3% | −21.3% | 73.5% |
| FY2020 | −39.1% | −40.0% | 71.3% |
| FY2019 | −37.7% | −37.3% | 71.3% |
| FY2018 | −33.0% | −30.0% | 74.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q1 FY27 | 20.8% | +26.2 pts | −2.6% | |
| Q4 FY26 | 21.1% | +28.4 pts | −1.9% | |
| Q3 FY26 | −5.0% | +4.3 pts | −1.7% | |
| Q2 FY26 | −6.8% | −11.2 pts | −2.1% | |
| Q1 FY26 | −5.4% | −10.0 pts | −2.0% | |
| Q4 FY25 | −7.3% | −12.2 pts | −3.7% | |
| Q3 FY25 | −9.3% | −13.9 pts | −6.2% | |
| Q2 FY25 | 4.4% | +21.0 pts | −8.0% | |
| Q1 FY25 | 4.6% | +24.0 pts | −9.7% | |
| Q4 FY24 | 4.9% | +27.0 pts | −10.3% | |
| Q3 FY24 | 4.6% | +29.4 pts | −10.3% | |
| Q2 FY24 | −16.6% | +7.8 pts | −14.4% |
Against its peers
Companies in Software - Application nearest Elastic's size, closest first, today.
| Company | Profit margin |
|---|---|
| ESTCElastic | 20.8% |
| DOCNDigitalOcean | 23.3% |
| MTCHMatch | 20.2% |
| FDSFactset Research Systems | 23.2% |
| PINSPinterest | 5.5% |
| HNGEHinge Health | 15.1% |
| HUBSHubSpot | 4.3% |
| RNGRingCentral | 4.3% |
| FICOFair Isaac | 34.1% |
| TTDTrade Desk | 13.6% |
| PEGAPegasystems | 18.7% |
| Peer median | 16.9% |
Where Elastic ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Elastic
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.