Elastic (ESTC) Enterprise Value (2018 - 2026)
Elastic (ESTC) recorded Enterprise Value of $5.45 billion in fiscal Q1 2027 (quarter ended Jul 31, 2026), down 26.3% from $7.4 billion a year earlier but up 56.1% from the prior quarter.
Elastic (ESTC) Enterprise Value (2018 - 2026) Analysis & Trends
On a TTM basis, Elastic's Enterprise Value came in at $1.44 billion as of Jul 31, 2026, down 69.7% year-over-year; for FY2026 (ended Apr 30, 2026), it was $3.49 billion, down 54.6% from FY2025.
- Annual Enterprise Value has a five-year compound annual growth rate of -19.8% (FY2021 to FY2026).
- Across earlier fiscal years, Enterprise Value came in at $7.7 billion in FY2025 (-17.3%), $9.31 billion in FY2024 (+88.8%), $4.93 billion in FY2023 (-22.5%) and $6.36 billion in FY2022 (-39.5%).
- Quarterly Enterprise Value has ranged from $3.49 billion in fiscal Q4 2026 to $15.19 billion in fiscal Q2 2022 over the past five years.
- On a year-over-year basis, Enterprise Value has declined for three consecutive quarters, with an average decline of 20.5% over the last eight quarters.
- Peak year-over-year performance for Enterprise Value in the last five years was growth of 134.9% in fiscal Q3 2024, against a decline of 65.4% in fiscal Q2 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $3.49 billion (Q4 2026), $5.62 billion (Q3 2026) and $8.01 billion (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn |
| 10 | Elastic | 9.24 Bn | 3.77 Bn | 356.19 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 5.45 Bn |
| Apr 30, 2026 | 3.49 Bn |
| Jan 31, 2026 | 5.62 Bn |
| Oct 31, 2025 | 8.01 Bn |
| Jul 31, 2025 | 7.40 Bn |
| Apr 30, 2025 | 7.70 Bn |
| Jan 31, 2025 | 11.17 Bn |
| Oct 31, 2024 | 7.66 Bn |
| Jul 31, 2024 | 10.67 Bn |
| Apr 30, 2024 | 9.31 Bn |
| Jan 31, 2024 | 11.27 Bn |
| Oct 31, 2023 | 6.89 Bn |
| Jul 31, 2023 | 5.91 Bn |
| Apr 30, 2023 | 4.93 Bn |
| Jan 31, 2023 | 4.80 Bn |
| Oct 31, 2022 | 5.26 Bn |
| Jul 31, 2022 | 6.74 Bn |
| Apr 30, 2022 | 6.36 Bn |
| Jan 31, 2022 | 7.85 Bn |
| Oct 31, 2021 | 15.19 Bn |
Elastic Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=ESTC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "ESTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=ESTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();