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

Elastic's (ESTC) quarterly Asset Utilization Ratio came in at 0.62 in Q2 2026, up 3.25% YoY from 0.6 in Q2 2025, and down 8.83% on a QoQ basis from 0.68 in Q1 2026.

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

Elastic's Asset Utilization Ratio history runs 8 years deep, the most recent figure standing at 0.62 for Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 3.25% year-over-year to 0.62 in Q2 2026; TTM through Apr 2026 was 0.62, a 3.25% increase from a year earlier, with the FY2026 full-year figure at 0.61, down 1.31% from the prior year.
  • Asset Utilization Ratio was 0.62 for Q2 2026 at Elastic, down from 0.68 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for ESTC reached as high as 0.68 in Q1 2026 and fell as low as 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 increased by 8.45% to 0.67 in 2023, then declined by 6.28% to 0.63 in 2024, then advanced by 2.51% to 0.64 in 2025, then decreased by 3.33% to 0.62 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.62, 0.68, and 0.64 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 0.51
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 0.88
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 0.84
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 0.39
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 0.50
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 0.55
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 0.29
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 0.85
10 Elastic 6.35 Bn 5.57 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