Elastic Gross Margin 2018-2025 | ESTC

Elastic gross margin for the quarter ending January 31, 2025 was 74.18%.

  • Elastic average gross margin for 2024 was 73.94%, a 1.87% increase from 2023.
  • Elastic average gross margin for 2023 was 72.58%, a 0.18% increase from 2022.
  • Elastic average gross margin for 2022 was 72.71%, a 0.98% decline from 2021.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Elastic Gross Margin 2018-2025 | ESTC

  • Elastic average gross margin for 2024 was 73.94%, a 1.87% increase from 2023.
  • Elastic average gross margin for 2023 was 72.58%, a 0.18% increase from 2022.
  • Elastic average gross margin for 2022 was 72.71%, a 0.98% decline from 2021.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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