Elastic (ESTC) Asset Utilization Ratio (2019 - 2026)
Elastic (ESTC) posted Asset Utilization Ratio of 0.62 for Q2 2026, down 8.83% sequentially from 0.68 in Q1 2026, and up 3.25% YoY from 0.6 in Q2 2025.
Elastic (ESTC) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
Elastic has reported Asset Utilization Ratio for 8 years, with the latest figure at 0.62 in Q2 2026.
- Quarterly Asset Utilization Ratio rose 3.25% year-over-year to 0.62 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.62 (up 3.25% YoY) and the FY2026 annual result came in at 0.61, down 1.31% from the prior year.
- Asset Utilization Ratio declined to 0.62 in Q2 2026 per ESTC's latest filing, from 0.68 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.68 in Q1 2026 and troughed at 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.
- The widest YoY moves for Asset Utilization Ratio: up 29.73% in 2022, down 18.23% in 2022.
- Over 5 years, Asset Utilization Ratio stood at 0.62 in 2022, then rose by 8.45% to 0.67 in 2023, then fell by 6.28% to 0.63 in 2024, then climbed by 2.51% to 0.64 in 2025, then slipped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 0.52 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 0.93 |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.39 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 0.88 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.53 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.57 |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 0.34 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 0.85 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 0.57 |
| 10 | Elastic | 9.08 Bn | 8.31 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 |