Elastic N.V. Operating Margin History
ESTC / Information Technology|9 years of SEC 10-K data (FY2016-FY2024)
-3.7% in FY2024 with a 5-year CAGR of +36.3%.
Improved from -20.5% to -3.7% over the past 2 years.
Elastic N.V.'s operating margin of -3.7% is lower than 76% of companies in the Information Technology sector (FY2024). Operating Margin has fluctuated over the past 9 years, ranging from -53.5% in FY2016 to -3.7% in FY2024.
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
- +16.4pp
- 5-Year Change
- +36.3pp
- 10-Year Change
- -
Operating Margin Trend
Bottom 24% in Information TechnologyTop 76% of 271This company -3.7% Sector average -209.7%
▼
+98.2% above sector average
Key Insights
- In FY2024, operating margin increased 63.9% year-over-year.
- Currently 206.0pp above the Information Technology sector average.
- Lowest operating margin in the period was in FY2016.
Annual Data
| Year | Operating Margin | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | -3.7% | +63.9% |
| FY2023 | -10.3% | +50.0% |
| FY2022 | -20.5% | -1.8% |
| FY2021 | -20.1% | +5.4% |
| FY2020 | -21.3% | +46.8% |
| FY2019 | -40.0% | -7.2% |
| FY2018 | -37.3% | -24.3% |
| FY2017 | -30.0% | +43.9% |
| FY2016 | -53.5% | - |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026