Elastic (ESTC) Debt Ratio (2021 - 2026)

Elastic (ESTC) reported Debt Ratio of 0.18 for Q2 2026, down 17.59% on a YoY basis from 0.22 in Q2 2025, and down 22.62% sequentially from 0.23 in Q1 2026.

Elastic (ESTC) Debt Ratio (2021 - 2026) Analysis & Trends

Elastic (ESTC) has 6 years of Debt Ratio data on file, last reported at 0.18 in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio fell 17.59% year-over-year to 0.18; the trailing twelve-month figure through Apr 2026 stood at 0.18 (down 17.59% YoY), and the FY2026 full-year result was 0.18, down 17.59% from the prior year.
  • Debt Ratio fell to 0.18 in Q2 2026, from 0.23 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.36 in Q1 2022 to a low of 0.18 in Q2 2026.
  • A 5-year average of 0.29 and a median of 0.27 in 2024 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio retreated 1.87% in 2022 and retreated 22.11% in 2024, its largest moves.
  • Tracing ESTC's Debt Ratio over 5 years: stood at 0.36 in 2022, then declined by 9.14% to 0.32 in 2023, then fell by 21.07% to 0.26 in 2024, then retreated by 9.71% to 0.23 in 2025, then declined by 21.36% to 0.18 in 2026.
  • Business Quant data shows ESTC's Debt Ratio at 0.18 in Q2 2026, 0.23 in Q1 2026, and 0.23 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Sap Se 200.28 Bn 180.05 Bn 8.16 Bn 0.08
2 Full Truck Alliance 193.44 Bn 190.74 Bn - 0.00
3 Shopify 161.58 Bn 155.83 Bn 1.55 Bn -
4 Salesforce 150.74 Bn 138.90 Bn 8.56 Bn 0.37
5 Uber Technologies 138.40 Bn 137.19 Bn 5.95 Bn 0.18
6 ServiceNow 107.59 Bn 102.93 Bn 2.82 Bn 0.24
7 Automatic Data Processing 102.85 Bn 99.62 Bn 2.87 Bn 0.06
8 Adobe 95.78 Bn 90.15 Bn 5.90 Bn 0.22
9 Cadence Design Systems 92.83 Bn 91.42 Bn 1.41 Bn 0.24
10 Elastic 6.47 Bn 5.70 Bn 339.62 Mn 0.18

Historic Data

Download Data
DateValue
Apr 30, 2026 0.18
Jan 31, 2026 0.23
Oct 31, 2025 0.23
Jul 31, 2025 0.23
Apr 30, 2025 0.22
Jan 31, 2025 0.24
Oct 31, 2024 0.26
Jul 31, 2024 0.26
Apr 30, 2024 0.25
Jan 31, 2024 0.28
Oct 31, 2023 0.32
Jul 31, 2023 0.33
Apr 30, 2023 0.33
Jan 31, 2023 0.35
Oct 31, 2022 0.36
Jul 31, 2022 0.36
Apr 30, 2022 0.34
Jan 31, 2022 0.36
Oct 31, 2021 0.36
Jul 31, 2021 0.37