Elastic (ESTC) Debt Ratio (2021 - 2026)
Elastic's (ESTC) quarterly Debt Ratio came in at 0.19 in Q3 2026, down 15.75% year-over-year from 0.23 in Q3 2025, and up 5.08% quarter-over-quarter from 0.18 in Q2 2026.
Analysis
Elastic (ESTC) Debt Ratio (2021 - 2026) Analysis & Trends
Elastic has disclosed Debt Ratio across 6 years of filings, most recently posting 0.19 for Q3 2026.
- In Q3 2026, Debt Ratio fell 15.75% year-over-year to 0.19; the TTM figure through Jul 2026 stood at 0.19 (down 15.75% YoY), while the FY2026 annual figure was 0.18, down 17.59% from the prior year.
- Debt Ratio came in at 0.19 for Q3 2026 at Elastic, up from 0.18 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.
- Average Debt Ratio over 5 years is 0.28, with a median of 0.26 recorded in 2024.
- Year-over-year, Debt Ratio decreased 1.87% in 2022 and decreased 22.11% in 2024.
- Over 5 years, Debt Ratio stood at 0.36 in 2022, then fell by 9.14% to 0.32 in 2023, then retreated by 21.07% to 0.26 in 2024, then decreased by 9.71% to 0.23 in 2025, then slipped by 17.37% to 0.19 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.19 in Q3 2026, 0.18 in Q2 2026, and 0.23 in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Snowflake | 118.87 Bn | 116.53 Bn | 1.04 Bn | - |
| 2 | MongoDB | 29.70 Bn | 27.29 Bn | 569.77 Mn | - |
| 3 | Sportradar Group AG | 11.66 Bn | 11.29 Bn | 376.06 Mn | 0.00 |
| 4 | Elastic | 9.64 Bn | 8.18 Bn | 356.19 Mn | 0.19 |
| 5 | Genius Sports | 3.80 Bn | 3.64 Bn | 63.79 Mn | 123.77 |
| 6 | Teradata | 2.61 Bn | 2.19 Bn | 243.00 Mn | - |
| 7 | Datavault AI | 170.89 Mn | 170.89 Mn | 2.88 Mn | 0.01 |
| 8 | Intermap Technologies | 52.16 Mn | 35.98 Mn | - | 0.02 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.19 |
| 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 |