R&D expense · 2016–2025

Elastic R&D expense

$452M+23.6% · FY2025

Elastic (ESTC) reported $452M in R&D expense for fiscal 2025, +23.6% year on year.

$32.6M2016$55.6M2017$101M2018$165M2019$199M2020$274M2021$313M2022$342M2023$366M2024$452M2025
Elastic — R&D expense, 2016–2025
Fiscal yearR&D expenseChangeFiling
FY20252026-04-30$452M+23.6%Open →
FY20242025-04-30$366M+7.0%Open →
FY20232024-04-30$342M+9.1%Open →
FY20222023-04-30$313M+14.5%Open →
FY20212022-04-30$274M+37.4%Open →
FY20202021-04-30$199M+20.5%Open →
FY20192020-04-30$165M+63.5%Open →
FY20182019-04-30$101M+81.8%Open →
FY20172018-04-30$55.6M+70.7%Open →
FY20162017-04-30$32.6M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth +33.9%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Elastic R&D expense |url=https://companiesranked.com/en/company/elastic/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Elastic R&D expense. CompaniesRanked. https://companiesranked.com/en/company/elastic/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-elastic-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Elastic R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/elastic/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001707753-26-000018 · June 8, 2026

{{cite web |title=Elastic R&D expense — 10-K (0001707753-26-000018) |url=https://www.sec.gov/Archives/edgar/data/1707753/000170775326000018/estc-20260430.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-06-08}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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