Elastic ESTC
NYSE ESTC
$91.75 -4.34 (-4.52%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Elastic's (ESTC) quarterly Asset Utilization Ratio came in at 0.59 in Q3 2026, down 3.41% year-over-year from 0.61 in Q3 2025, and down 5.87% quarter-over-quarter from 0.62 in Q2 2026.

Analysis

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

Elastic has disclosed Asset Utilization Ratio across 8 years of filings, most recently posting 0.59 for Q3 2026.

  • In Q3 2026, Asset Utilization Ratio fell 3.41% year-over-year to 0.59; the TTM figure through Jul 2026 stood at 0.59 (down 3.41% YoY), while the FY2026 annual figure was 0.61, down 1.31% from the prior year.
  • Asset Utilization Ratio came in at 0.59 for Q3 2026 at Elastic, down from 0.62 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.
  • Average Asset Utilization Ratio over 5 years is 0.61, with a median of 0.62 recorded in 2026.
  • The largest YoY upside for Asset Utilization Ratio was 29.73% in 2022 against a maximum downside of 18.23% in 2022.
  • Over 5 years, Asset Utilization Ratio stood at 0.62 in 2022, then grew by 8.45% to 0.67 in 2023, then dropped by 6.28% to 0.63 in 2024, then gained by 2.51% to 0.64 in 2025, then fell by 9.01% to 0.59 in 2026.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.59 in Q3 2026, 0.62 in Q2 2026, and 0.68 in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Snowflake 118.87 Bn 116.53 Bn 1.04 Bn 0.63
2 MongoDB 29.70 Bn 27.29 Bn 569.77 Mn 0.75
3 Sportradar Group AG 11.66 Bn 11.29 Bn 376.06 Mn 0.52
4 Elastic 9.64 Bn 8.18 Bn 356.19 Mn 0.59
5 Genius Sports 3.80 Bn 3.64 Bn 63.79 Mn 155.73
6 Teradata 2.61 Bn 2.19 Bn 243.00 Mn 0.89
7 Datavault AI 170.89 Mn 170.89 Mn 2.88 Mn 0.18
8 Intermap Technologies 52.16 Mn 35.98 Mn - 0.25
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 0.59
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