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
DateValue
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