Elastic (ESTC) Operating Leases (2019 - 2026)
Elastic (ESTC) posted Operating Leases of $20.7 million for Q2 2026, down 1.94% sequentially from $21.1 million in Q1 2026, and up 26.36% YoY from $16.4 million in Q2 2025.
Elastic (ESTC) Operating Leases (2019 - 2026) Analysis & Trends
Elastic has reported Operating Leases for 8 years, with the latest figure at $20.7 million in Q2 2026.
- Quarterly Operating Leases rose 26.36% year-over-year to $20.7 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $20.7 million (up 26.36% YoY) and the FY2026 annual result came in at $20.7 million, up 26.36% from the prior year.
- Operating Leases eased to $20.7 million in Q2 2026 per ESTC's latest filing, from $21.1 million in the prior quarter.
- Over five years, Operating Leases peaked at $29.6 million in Q1 2023 and troughed at $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.
- The sharpest annual moves came in 2022 and 2026: Operating Leases plunged 53.42% in 2022, then surged 152.51% in 2026.
- Over 5 years, Operating Leases stood at $19.1 million in 2022, then slumped by 36.42% to $12.2 million in 2023, then dropped by 20.88% to $9.6 million in 2024, then jumped by 112.05% to $20.4 million in 2025, then rose by 1.31% to $20.7 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $20.7 million, $21.1 million, and $20.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Elastic | 9.08 Bn | 8.31 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 |