Elastic (ESTC) Current Leases (2019 - 2026)
Elastic (ESTC) posted Current Leases of $6.5 million for Q2 2026, down 7.8% sequentially from $7.1 million in Q1 2026, and down 26.76% YoY from $8.9 million in Q2 2025.
Elastic (ESTC) Current Leases (2019 - 2026) Analysis & Trends
Elastic has reported Current Leases for 8 years, with the latest figure at $6.5 million in Q2 2026.
- Quarterly Current Leases fell 26.76% year-over-year to $6.5 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $6.5 million (down 26.76% YoY) and the FY2026 annual result came in at $6.5 million, down 26.76% from the prior year.
- Current Leases retreated to $6.5 million in Q2 2026 per ESTC's latest filing, from $7.1 million in the prior quarter.
- Over five years, Current Leases peaked at $12.8 million in Q1 2023 and troughed at $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 sharpest annual moves came in 2023 and 2025: Current Leases surged 42.93% in 2023, then slumped 36.19% in 2025.
- Over 5 years, Current Leases stood at $12.3 million in 2022, then retreated by 6.15% to $11.6 million in 2023, then fell by 9.17% to $10.5 million in 2024, then sank by 36.19% to $6.7 million in 2025, then declined 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 | 255.48 Bn | 234.41 Bn | 16.51 Bn | - |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 10.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 557.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 178.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 114.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 55.78 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | - |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 91.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | - |
| 10 | Elastic | 9.08 Bn | 8.31 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 |