Elastic (ESTC) Interest Coverage Ratio (2020 - 2026)

Elastic's (ESTC) quarterly Interest Coverage Ratio came in at 2.63 in Q2 2026, down 27.76% YoY from 3.64 in Q2 2025, and down 2789.8% on a QoQ basis from 0.1 in Q1 2026.

Elastic (ESTC) Interest Coverage Ratio (2020 - 2026) Analysis & Trends

Elastic's Interest Coverage Ratio history runs 7 years deep, the most recent figure standing at 2.63 for Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 27.76% year-over-year to 2.63 in Q2 2026; TTM through Apr 2026 was 1.33, a 38.65% increase from a year earlier, with the FY2026 full-year figure at 1.33, up 38.65% from the prior year.
  • Interest Coverage Ratio was 2.63 for Q2 2026 at Elastic, down from 0.1 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for ESTC reached as high as 0.1 in Q1 2026 and fell as low as 11.07 in Q1 2023.
  • A 5-year average of 4.74 and a median of 4.67 in 2024 frame the typical range for Interest Coverage Ratio.
  • The widest annual swing landed in 2025, when Interest Coverage Ratio plunged 91.11%; it then soared 113.64% in 2026.
  • Tracing ESTC's Interest Coverage Ratio over 5 years: stood at 7.9 in 2022, then soared by 57.04% to 3.39 in 2023, then soared by 79.81% to 0.68 in 2024, then plunged by 91.11% to 1.31 in 2025, then slumped by 100.76% to 2.63 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.63, 0.1, and 1.31 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 238.14 Bn 220.17 Bn 8.16 Bn -9.39
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 17.81
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 7.40
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 13.64
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn -
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -17.35
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 34.43
10 Elastic 6.35 Bn 5.57 Bn 339.62 Mn -2.63

Historic Data

Download Data
DateValue
Apr 30, 2026 -2.63
Jan 31, 2026 0.10
Oct 31, 2025 -1.31
Jul 31, 2025 -1.49
Apr 30, 2025 -2.06
Jan 31, 2025 -0.72
Oct 31, 2024 -0.68
Jul 31, 2024 -5.19
Apr 30, 2024 -6.43
Jan 31, 2024 -4.15
Oct 31, 2023 -3.39
Jul 31, 2023 -5.75
Apr 30, 2023 -6.39
Jan 31, 2023 -11.07
Oct 31, 2022 -7.90
Jul 31, 2022 -9.47
Apr 30, 2022 -9.33
Jan 31, 2022 -7.42
Oct 31, 2021 -5.87
Jul 31, 2021 -17.05