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