Elastic (ESTC) Interest Coverage Ratio (2017 - 2026)
Elastic (ESTC) posted Interest Coverage Ratio of 0.99 for Q2 2026, down 8948.32% sequentially from 0.01 in Q1 2026, and up 60.96% YoY from 0.62 in Q2 2025.
Elastic (ESTC) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
Elastic has reported Interest Coverage Ratio for 10 years, with the latest figure at 0.99 in Q2 2026.
- Quarterly Interest Coverage Ratio rose 60.96% year-over-year to 0.99 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.98 (up 56.89% YoY) and the FY2026 annual result came in at 1.33, up 38.65% from the prior year.
- Interest Coverage Ratio declined to 0.99 in Q2 2026 per ESTC's latest filing, from 0.01 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 0.01 in Q1 2026 and troughed at 35.92 in Q2 2023.
- A 5-year average of 6.83 and a median of 4.3 in 2022 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2023 and 2026: Interest Coverage Ratio plunged 705.44% in 2023, then jumped 101.57% in 2026.
- Over 5 years, Interest Coverage Ratio stood at 7.9 in 2022, then jumped by 57.04% to 3.39 in 2023, then jumped by 79.81% to 0.68 in 2024, then jumped by 86.35% to 0.09 in 2025, then slumped by 961.78% to 0.99 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.99, 0.01, and 0.09 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -8.75 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.32 |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.80 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 14.88 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.15 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -6.14 |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -13.95 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 15.65 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.58 |
| 10 | Elastic | 9.08 Bn | 8.31 Bn | 339.62 Mn | -2.23 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -0.99 |
| Jan 31, 2026 | 0.01 |
| Oct 31, 2025 | -0.09 |
| Jul 31, 2025 | -0.11 |
| Apr 30, 2025 | -2.54 |
| Jan 31, 2025 | -0.72 |
| Oct 31, 2024 | -0.68 |
| Jul 31, 2024 | -5.19 |
| Apr 30, 2024 | -23.13 |
| Jan 31, 2024 | -4.15 |
| Oct 31, 2023 | -3.39 |
| Jul 31, 2023 | -5.75 |
| Apr 30, 2023 | -35.92 |
| Jan 31, 2023 | -11.07 |
| Oct 31, 2022 | -7.90 |
| Jul 31, 2022 | -9.47 |
| Apr 30, 2022 | -4.46 |
| Jan 31, 2022 | -7.42 |
| Oct 31, 2021 | -5.87 |
| Jul 31, 2021 | -13.29 |