Elastic (ESTC) Current Leases (2019 - 2026)

Elastic's (ESTC) quarterly Current Leases came in at $6.5 million in Q2 2026, down 26.76% YoY from $8.9 million in Q2 2025, and down 7.8% on a QoQ basis from $7.1 million in Q1 2026.

Elastic (ESTC) Current Leases (2019 - 2026) Analysis & Trends

Elastic's Current Leases history runs 8 years deep, the most recent figure standing at $6.5 million for Q2 2026.

  • On a quarterly basis, Current Leases fell 26.76% year-over-year to $6.5 million in Q2 2026; TTM through Apr 2026 was $6.5 million, a 26.76% decrease from a year earlier, with the FY2026 full-year figure at $6.5 million, down 26.76% from the prior year.
  • Current Leases was $6.5 million for Q2 2026 at Elastic, down from $7.1 million in the prior quarter.
  • Over the last five years, Current Leases for ESTC reached as high as $12.8 million in Q1 2023 and fell as low as $6.5 million in Q2 2026.
  • A 5-year average of $10.4 million and a median of $11.2 million in 2022 frame the typical range for Current Leases.
  • The widest annual swing landed in 2023, when Current Leases surged 42.93%; it then sank 36.19% in 2025.
  • Tracing ESTC's Current Leases over 5 years: stood at $12.3 million in 2022, then fell by 6.15% to $11.6 million in 2023, then declined by 9.17% to $10.5 million in 2024, then slumped by 36.19% to $6.7 million in 2025, then dropped by 2.64% to $6.5 million in 2026.
  • According to Business Quant data, Current Leases over the past three periods registered $6.5 million, $7.1 million, and $6.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 195.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 16.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 557.00 Mn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn -
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 118.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 91.00 Mn
10 Elastic 6.35 Bn 5.57 Bn 339.62 Mn 6.54 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 6.54 Mn
Jan 31, 2026 7.09 Mn
Oct 31, 2025 6.72 Mn
Jul 31, 2025 8.04 Mn
Apr 30, 2025 8.93 Mn
Jan 31, 2025 9.94 Mn
Oct 31, 2024 10.53 Mn
Jul 31, 2024 11.14 Mn
Apr 30, 2024 12.19 Mn
Jan 31, 2024 12.79 Mn
Oct 31, 2023 11.59 Mn
Jul 31, 2023 11.63 Mn
Apr 30, 2023 12.75 Mn
Jan 31, 2023 12.84 Mn
Oct 31, 2022 12.35 Mn
Jul 31, 2022 11.41 Mn
Apr 30, 2022 11.22 Mn
Jan 31, 2022 8.98 Mn
Oct 31, 2021 9.45 Mn
Jul 31, 2021 9.32 Mn