Quick Answer
Elastic N.V. reported R&D Expense of $365.76 million for fiscal year 2025.
Elastic N.V. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $365.76M | +7.0% |
| 2024 | $341.95M | +9.1% |
| 2023 | $313.45M | +14.5% |
| 2022 | $273.76M | +37.4% |
| 2021 | $199.20M | +20.5% |
| 2020 | $165.37M | +63.5% |
| 2019 | $101.17M | +81.8% |
| 2018 | $55.64M | +70.7% |
| 2017 | $32.60M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| January 31, 2026 | $114.39M | +22.2% | +5.8% |
| October 31, 2025 | $108.15M | +22.7% | -0.9% |
| July 31, 2025 | $109.12M | +22.2% | +16.6% |
| January 31, 2025 | $93.60M | +7.3% | +6.2% |
| October 31, 2024 | $88.16M | +10.1% | -1.3% |
| July 31, 2024 | $89.33M | +10.7% | +2.4% |
| January 31, 2024 | $87.20M | +12.6% | +8.9% |
| October 31, 2023 | $80.11M | +6.0% | -0.7% |
- Elastic N.V. showed an increase of +7.0% in R&D Expense compared to the prior fiscal year.
- Over the 2017–2025 period, Elastic N.V.’s r&d expense has grown by 1021.9% (from $32.60 million to $365.76 million).
- The most recent figure is from Elastic N.V.’s fiscal year 2025 report (Form 10-K), filed with the SEC on June 10, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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