Elastic (ESTC) Operating Leases (2019 - 2026)
Elastic's (ESTC) quarterly Operating Leases came in at $24.6 million in Q3 2026, up 1.76% year-over-year from $24.2 million in Q3 2025, and up 73.97% quarter-over-quarter from $14.1 million in Q2 2026.
Analysis
Elastic (ESTC) Operating Leases (2019 - 2026) Analysis & Trends
Elastic has disclosed Operating Leases across 8 years of filings, most recently posting $24.6 million for Q3 2026.
- In Q3 2026, Operating Leases rose 1.76% year-over-year to $24.6 million; the TTM figure through Jul 2026 stood at $24.6 million (up 1.76% YoY), while the FY2026 annual figure was $14.1 million, down 13.62% from the prior year.
- Operating Leases came in at $24.6 million for Q3 2026 at Elastic, up from $14.1 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $31.5 million in Q4 2022 to a low of $12.9 million in Q2 2024.
- Average Operating Leases over 5 years is $21.7 million, with a median of $21.9 million recorded in 2024.
- The largest YoY upside for Operating Leases was 26.82% in 2025 against a maximum downside of 34.88% in 2025.
- Over 5 years, Operating Leases stood at $31.5 million in 2022, then slipped by 24.55% to $23.7 million in 2023, then dropped by 15.17% to $20.1 million in 2024, then increased by 1.27% to $20.4 million in 2025, then grew by 20.48% to $24.6 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $24.6 million in Q3 2026, $14.1 million in Q2 2026, and $21.1 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 4 | Elastic | 9.64 Bn | 8.18 Bn | 356.19 Mn |
| 5 | Genius Sports | 3.80 Bn | 3.64 Bn | 63.79 Mn |
| 6 | Teradata | 2.61 Bn | 2.19 Bn | 243.00 Mn |
| 7 | Datavault AI | 170.89 Mn | 170.89 Mn | 2.88 Mn |
| 8 | Intermap Technologies | 52.16 Mn | 35.98 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 24.58 Mn |
| Apr 30, 2026 | 14.13 Mn |
| Jan 31, 2026 | 21.08 Mn |
| Oct 31, 2025 | 20.40 Mn |
| Jul 31, 2025 | 24.16 Mn |
| Apr 30, 2025 | 16.36 Mn |
| Jan 31, 2025 | 18.29 Mn |
| Oct 31, 2024 | 20.15 Mn |
| Jul 31, 2024 | 21.86 Mn |
| Apr 30, 2024 | 12.90 Mn |
| Jan 31, 2024 | 28.09 Mn |
| Oct 31, 2023 | 23.75 Mn |
| Jul 31, 2023 | 23.62 Mn |
| Apr 30, 2023 | 13.94 Mn |
| Jan 31, 2023 | 29.56 Mn |
| Oct 31, 2022 | 31.48 Mn |
| Jul 31, 2022 | 26.94 Mn |
| Apr 30, 2022 | 16.48 Mn |
| Jan 31, 2022 | 23.86 Mn |
| Oct 31, 2021 | 26.20 Mn |