Elastic (ESTC) Free Cash Flow (2018 - 2026)
Elastic's Free Cash Flow was $131.41 million in fiscal Q1 2027 (quarter ended Jul 31, 2026), up 26.1% from $104.18 million a year earlier but down 12.3% from the prior quarter.
Elastic (ESTC) Free Cash Flow (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Elastic's Free Cash Flow was $349.04 million through Jul 31, 2026, up 11.2% year-over-year; for FY2026 (ended Apr 30, 2026), it came in at $321.8 million, up 22.9% from FY2025.
- Free Cash Flow has now increased for four consecutive fiscal years, with a five-year compound annual growth rate of 76.8% (FY2021 to FY2026).
- In earlier fiscal years, Free Cash Flow was $261.82 million in FY2025 (+80.2%), $145.31 million in FY2024 (+340.6%), $32.98 million in FY2023 (+934.8%) and $3.19 million in FY2022 (-82.9%).
- Quarterly Free Cash Flow has moved between -$10.47 million (fiscal Q2 2022) and $149.82 million (fiscal Q4 2026) over five years.
- Compared with a year earlier, Free Cash Flow was higher in five of the last seven quarters, with growth averaging 33.0%.
- The best year-over-year quarter for Free Cash Flow over five years was fiscal Q3 2024 (growth of 635.9%); the worst was fiscal Q3 2022 (a decline of 73.7%).
- Per Business Quant data, ESTC's Free Cash Flow in the three fiscal quarters before Q1 2027 was $149.82 million (Q4 2026), $41.8 million (Q3 2026) and $26.01 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | 1.25 Bn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 405.86 Mn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 965.60 Mn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | 83.80 Mn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | 305.98 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 233.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | -972,000.00 |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 2.18 Bn |
| 10 | Elastic | 9.64 Bn | 4.16 Bn | 356.19 Mn | 131.41 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 131.41 Mn |
| Apr 30, 2026 | 149.82 Mn |
| Jan 31, 2026 | 41.80 Mn |
| Oct 31, 2025 | 26.01 Mn |
| Jul 31, 2025 | 104.18 Mn |
| Apr 30, 2025 | 84.86 Mn |
| Jan 31, 2025 | 87.29 Mn |
| Oct 31, 2024 | 37.66 Mn |
| Jul 31, 2024 | 52.01 Mn |
| Apr 30, 2024 | 60.10 Mn |
| Jan 31, 2024 | 51.31 Mn |
| Oct 31, 2023 | -3.28 Mn |
| Jul 31, 2023 | 37.18 Mn |
| Apr 30, 2023 | 25.89 Mn |
| Jan 31, 2023 | 6.97 Mn |
| Oct 31, 2022 | 10.30 Mn |
| Jul 31, 2022 | -10.18 Mn |
| Apr 30, 2022 | -4.55 Mn |
| Jan 31, 2022 | 4.82 Mn |
| Oct 31, 2021 | -10.47 Mn |
Elastic Free Cash Flow 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=free-cash-flow&ticker=ESTC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=ESTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();