Elastic N.V. R&D Expense History
ESTC / Information Technology|9 years of SEC 10-K data (FY2016-FY2024)
$366M in FY2024 with a 5-year CAGR of +17.2%.
Improved from $313M to $366M over the past 2 years.
At $366M, Elastic N.V.'s r&d expense ranks #82 of 253 in the Information Technology sector. R&D Expense has increased for 8 consecutive years, from $33M in FY2016 to $366M 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 CAGR
- +10.1%
- 5-Year CAGR
- +17.2%
- 10-Year CAGR
- -
R&D Expense Trend
#82 of 253 in Information TechnologyTop 32% of 253This company $365.8M Sector average $1.0B
▼
-64.2% below sector average
Key Insights
- Elastic N.V.'s r&d expense has grown for 8 consecutive years.
- 5-year CAGR of +17.2%, indicating consistent growth.
- In FY2024, r&d expense increased 7.0% year-over-year.
- Ranks #82 out of 253 companies in the Information Technology sector.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $365.8M | +7.0% |
| FY2023 | $342.0M | +9.1% |
| FY2022 | $313.5M | +14.5% |
| FY2021 | $273.8M | +37.4% |
| FY2020 | $199.2M | +20.5% |
| FY2019 | $165.4M | +63.5% |
| FY2018 | $101.2M | +81.8% |
| FY2017 | $55.6M | +70.7% |
| FY2016 | $32.6M | - |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026