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| Date | Value |
|---|---|
| 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 |