Elastic (ESTC) Operating Leases (2019 - 2026)

Elastic's Operating Leases history runs 8 years deep, the most recent figure standing at $14.0 million for Q1 2026.

• In Q1 2026, Operating Leases rose 67.55% year-over-year to $14.0 million; the TTM figure through Jan 2026 stood at $14.0 million (up 67.55% YoY), while the FY2025 annual figure was $16.4 million, up 26.82% from the prior year.
• Operating Leases came in at $14.0 million for Q1 2026 at Elastic, up from $13.7 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 $18.0 million and a median of $16.4 million in 2025 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases jumped 98.7% in 2023 and tumbled 70.28% in 2025, its largest moves.
• Elastic's Operating Leases stood at $19.1 million in 2022, then sank by 36.42% to $12.2 million in 2023, then slipped by 20.88% to $9.6 million in 2024, then surged by 42.24% to $13.7 million in 2025, then climbed by 2.19% to $14.0 million in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $14.0 million, $13.7 million, and $24.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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