Elastic (ESTC) Operating Leases (2019 - 2026)
Elastic (ESTC) reported Operating Leases of $20.7 million for Q2 2026, up 26.36% on a YoY basis from $16.4 million in Q2 2025, and down 1.94% sequentially from $21.1 million in Q1 2026.
Elastic (ESTC) Operating Leases (2019 - 2026) Analysis & Trends
Elastic (ESTC) has 8 years of Operating Leases data on file, last reported at $20.7 million in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases rose 26.36% year-over-year to $20.7 million; the trailing twelve-month figure through Apr 2026 stood at $20.7 million (up 26.36% YoY), and the FY2026 full-year result was $20.7 million, up 26.36% from the prior year.
- Operating Leases eased to $20.7 million in Q2 2026, from $21.1 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $29.6 million in Q1 2023 to a low of $8.3 million in Q1 2025.
- A 5-year average of $16.9 million and a median of $15.9 million in 2022 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases slumped 53.42% in 2022 and soared 152.51% in 2026, its largest moves.
- Tracing ESTC's Operating Leases over 5 years: stood at $19.1 million in 2022, then tumbled by 36.42% to $12.2 million in 2023, then retreated by 20.88% to $9.6 million in 2024, then jumped by 112.05% to $20.4 million in 2025, then climbed by 1.31% to $20.7 million in 2026.
- Business Quant data shows ESTC's Operating Leases at $20.7 million in Q2 2026, $21.1 million in Q1 2026, and $20.4 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | Elastic | 6.04 Bn | 5.27 Bn | 339.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 20.67 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 | 8.35 Mn |
| Oct 31, 2024 | 9.62 Mn |
| Jul 31, 2024 | 21.86 Mn |
| Apr 30, 2024 | 12.90 Mn |
| Jan 31, 2024 | 15.30 Mn |
| Oct 31, 2023 | 12.16 Mn |
| Jul 31, 2023 | 11.99 Mn |
| Apr 30, 2023 | 13.94 Mn |
| Jan 31, 2023 | 29.56 Mn |
| Oct 31, 2022 | 19.13 Mn |
| Jul 31, 2022 | 15.53 Mn |
| Apr 30, 2022 | 16.48 Mn |
| Jan 31, 2022 | 14.88 Mn |
| Oct 31, 2021 | 26.20 Mn |
| Jul 31, 2021 | 27.61 Mn |