Elastic NV (BSP:E2ST34) Research & Development : R$1,703 Mil (TTM As of Apr. 2024)

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What is Elastic NV Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Elastic NV's Research & Development for the three months ended in Apr. 2024 was R$482 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Apr. 2024 was R$1,703 Mil.

Elastic NV Research & Development Historical Data

The historical data trend for Elastic NV's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Elastic NV Research & Development Chart

Elastic NV Annual Data

Trend

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Research & Development

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879.29

1,109.28

1,301.65

1,574.01

1,754.21

Elastic NV Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Research & Development	Get a 7-Day Free Trial															410.58	387.35	405.02	428.88	481.97

Elastic NV Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$1,703 Mil.

Elastic NV (BSP:E2ST34) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Elastic NV Research & Development Related Terms

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Elastic NV (BSP:E2ST34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Elastic NV (BSP:E2ST34) » Definitions » Research & Development

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Address

Keizersgracht 281, Amsterdam, NH, NLD, 1016 ED

Website

https://www.elastic.co

Elastic is a software company based in Mountain View, California, focusing on search-adjacent products. Its search engine allows it to process both structured and unstructured data while gleaning insights from that data. The firm's primary focus is on enterprise search, observability, and security.

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