Elastic (ESTC) Asset Utilization Ratio (2019 - 2026)
Elastic's (ESTC) Asset Utilization Ratio was 0.59 for fiscal Q1 2027 (quarter ended Jul 31, 2026), down 3.4% from 0.61 a year earlier and down 5.9% from the prior quarter.
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Analysis
Elastic (ESTC) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
For FY2026 (ended Apr 30, 2026), Asset Utilization Ratio at Elastic was 0.61, down 1.3% from FY2025.
- By fiscal year, Asset Utilization Ratio came in at 0.61 in FY2025 (-3.5%), 0.64 in FY2024 (+0.7%), 0.63 in FY2023 (-4.2%) and 0.66 in FY2022 (-3.7%).
- The fiscal Q1 2027 figure ranks as the lowest quarterly Asset Utilization Ratio since fiscal Q1 2023.
- Year over year, Asset Utilization Ratio gained in five of the last eight quarters, with growth averaging 0.8%.
- The high point for year-over-year Asset Utilization Ratio in five years was fiscal Q2 2023 (growth of 29.7%); the low point was fiscal Q2 2022 (a decline of 21.2%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 0.62 (Q4 2026), 0.68 (Q3 2026) and 0.64 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 300.92 Bn | 285.99 Bn | 2.30 Bn | 0.24 |
| 2 | CrowdStrike Holdings | 273.31 Bn | 253.72 Bn | 1.10 Bn | 0.46 |
| 3 | Fortinet | 135.52 Bn | 121.45 Bn | 1.64 Bn | 0.73 |
| 4 | Snowflake | 117.93 Bn | 105.24 Bn | 1.04 Bn | 0.63 |
| 5 | Datadog | 100.03 Bn | 81.67 Bn | 881.34 Mn | 0.55 |
| 6 | Zscaler | 41.64 Bn | 27.76 Bn | - | - |
| 7 | Okta | 39.41 Bn | 29.50 Bn | 641.00 Mn | 0.33 |
| 8 | Axon Enterprise | 34.32 Bn | 28.84 Bn | 546.45 Mn | 0.44 |
| 9 | MongoDB | 31.39 Bn | 21.86 Bn | 569.77 Mn | 0.75 |
| 10 | Elastic | 11.02 Bn | 5.55 Bn | 356.19 Mn | 0.59 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Elastic Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ESTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "ESTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ESTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();