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
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 |