Elastic (ESTC) Operating Leases (2019 - 2026)
Elastic (ESTC) recorded Operating Leases of $18.87 million in fiscal Q1 2027 (quarter ended Jul 31, 2026), up 17.1% from $16.11 million a year earlier and up 33.6% from the prior quarter.
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Analysis
Elastic (ESTC) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2026 (ended Apr 30, 2026), Elastic reported Operating Leases of $14.13 million, down 13.6% from FY2025.
- Annual Operating Leases has a five-year compound annual growth rate of -6.4% (FY2021 to FY2026).
- Across earlier fiscal years, Operating Leases came in at $16.36 million in FY2025 (+26.8%), $12.9 million in FY2024 (-7.5%), $13.94 million in FY2023 (-15.4%) and $16.48 million in FY2022 (-16.1%).
- The fiscal Q1 2027 figure is the highest quarterly Operating Leases since fiscal Q2 2023.
- On a year-over-year basis, Operating Leases rose in five of the last eight quarters, with growth averaging 15.5%.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 67.5% in fiscal Q3 2026, against a decline of 45.4% in fiscal Q3 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $14.13 million (Q4 2026), $13.99 million (Q3 2026) and $13.69 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn |
| 10 | Elastic | 9.24 Bn | 3.77 Bn | 356.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 18.87 Mn |
| Apr 30, 2026 | 14.13 Mn |
| Jan 31, 2026 | 13.99 Mn |
| Oct 31, 2025 | 13.69 Mn |
| Jul 31, 2025 | 16.11 Mn |
| Apr 30, 2025 | 16.36 Mn |
| Jan 31, 2025 | 8.35 Mn |
| Oct 31, 2024 | 9.62 Mn |
| Jul 31, 2024 | 10.71 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 | 16.73 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 | 16.75 Mn |
API Access
Elastic Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=ESTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "ESTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=ESTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();