Elastic (ESTC) Current Leases (2019 - 2026)
Elastic recorded quarterly Current Leases of $7.1 million in Q1 2026, up 5.6% quarter-over-quarter from $6.7 million in Q4 2025, and down 28.66% year-over-year from $9.9 million in Q1 2025.
Elastic's Current Leases history runs 8 years deep, the most recent figure standing at $7.1 million for Q1 2026.
- In Q1 2026, Current Leases fell 28.66% year-over-year to $7.1 million; the TTM figure through Jan 2026 stood at $7.1 million (down 28.66% YoY), while the FY2025 annual figure was $8.9 million, down 26.74% from the prior year.
- Current Leases came in at $7.1 million for Q1 2026 at Elastic, up from $6.7 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $12.8 million in Q1 2023 to a low of $6.7 million in Q4 2025.
- A 5-year average of $10.6 million and a median of $11.2 million in 2022 frame the typical range for Current Leases.
- Across the five-year window, Current Leases jumped 42.93% in 2023 and sank 36.19% in 2025, its largest moves.
- Elastic's Current Leases 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 plunged by 36.19% to $6.7 million in 2025, then grew by 5.6% to $7.1 million in 2026.
- According to Business Quant data, Current Leases over the past three periods registered $7.1 million, $6.7 million, and $8.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 548.00 Mn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 195.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 16.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 118.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | - |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 84.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | - |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | - |
| 10 | Elastic | 5.79 Bn | 5.05 Bn | 343.44 Mn | 7.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 8.53 Mn |
| Jan 31, 2021 | 8.18 Mn |
| Oct 31, 2020 | 7.86 Mn |
| Jul 31, 2020 | 7.72 Mn |
| Apr 30, 2020 | 7.64 Mn |
| Jan 31, 2020 | 7.29 Mn |
| Oct 31, 2019 | 7.73 Mn |
| Jul 31, 2019 | 6.45 Mn |