Elastic (ESTC) Asset Utilization Ratio (2019 - 2026)

Elastic (ESTC) reported Asset Utilization Ratio of 0.62 for Q2 2026, up 3.25% on a YoY basis from 0.6 in Q2 2025, and down 8.83% sequentially from 0.68 in Q1 2026.

Elastic (ESTC) Asset Utilization Ratio (2019 - 2026) Analysis & Trends

Elastic (ESTC) has 8 years of Asset Utilization Ratio data on file, last reported at 0.62 in Q2 2026.

  • For the quarter ending Q2 2026, Asset Utilization Ratio rose 3.25% year-over-year to 0.62; the trailing twelve-month figure through Apr 2026 stood at 0.62 (up 3.25% YoY), and the FY2026 full-year result was 0.61, down 1.31% from the prior year.
  • Asset Utilization Ratio declined to 0.62 in Q2 2026, from 0.68 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.68 in Q1 2026 to a low of 0.51 in Q1 2022.
  • A 5-year average of 0.61 and a median of 0.62 in 2025 frame the typical range for Asset Utilization Ratio.
  • Peak annual rise in Asset Utilization Ratio reached 29.73% in 2022, while the deepest fall reached 18.23% in 2022.
  • Tracing ESTC's Asset Utilization Ratio over 5 years: stood at 0.62 in 2022, then climbed by 8.45% to 0.67 in 2023, then slipped by 6.28% to 0.63 in 2024, then rose by 2.51% to 0.64 in 2025, then fell by 3.33% to 0.62 in 2026.
  • Business Quant data shows ESTC's Asset Utilization Ratio at 0.62 in Q2 2026, 0.68 in Q1 2026, and 0.64 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 0.51
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 0.84
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 0.88
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 0.39
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 0.53
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 0.29
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.57
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 0.50
10 Elastic 6.04 Bn 5.27 Bn 339.62 Mn 0.62

Historic Data

Download Data
DateValue
Apr 30, 2026 0.62
Jan 31, 2026 0.68
Oct 31, 2025 0.64
Jul 31, 2025 0.61
Apr 30, 2025 0.60
Jan 31, 2025 0.63
Oct 31, 2024 0.63
Jul 31, 2024 0.60
Apr 30, 2024 0.59
Jan 31, 2024 0.64
Oct 31, 2023 0.67
Jul 31, 2023 0.65
Apr 30, 2023 0.63
Jan 31, 2023 0.64
Oct 31, 2022 0.62
Jul 31, 2022 0.57
Apr 30, 2022 0.54
Jan 31, 2022 0.51
Oct 31, 2021 0.48
Jul 31, 2021 0.54