Elastic N.V. Gross Margin History
ESTC / Information Technology|9 years of SEC 10-K data (FY2016-FY2024)
74.4% in FY2024 with a 5-year CAGR of +3.1%. Top quartile in the Information Technology sector.
Improved from 72.3% to 74.4% over the past 2 years.
Elastic N.V.'s gross margin of 74.4% is higher than 76% of companies in the Information Technology sector (FY2024). Gross Margin remained relatively stable over the past 9 years, with values between 71.3% and 77.5%.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.13 (distress zone, below 1.8 threshold)
- Negative profit margin: -7.3%
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year Change
- +1.3pp
- 5-Year Change
- +3.1pp
- 10-Year Change
- -
Gross Margin Trend
Top 24% in Information TechnologyTop 24% of 212This company 74.4% Sector average 53.5%
▼
+39.0% above sector average
Key Insights
- In FY2024, gross margin increased 0.6% year-over-year.
- Currently 20.9pp above the Information Technology sector average.
- Peak gross margin was recorded in FY2016.
- Lowest gross margin in the period was in FY2018.
Annual Data
| Year | Gross Margin | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 74.4% | +0.6% |
| FY2023 | 74.0% | +2.4% |
| FY2022 | 72.3% | -1.1% |
| FY2021 | 73.1% | -0.6% |
| FY2020 | 73.5% | +3.1% |
| FY2019 | 71.3% | +0.0% |
| FY2018 | 71.3% | -4.4% |
| FY2017 | 74.5% | -3.8% |
| FY2016 | 77.5% | - |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026