Elastic N.V. (ESTC) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 74.5%
EBITDA Margin: -4.8%
Op. Margin: -4.9%
Net Margin: -3.5%

Op. margin of -4.9% is down 2.7% YoY — costs are rising relative to revenue. Net margin at -3.5% and gross margin of 74.5% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit