Elastic (ESTC) Other Working Capital Changes (2018 - 2026)
Elastic (ESTC) reported Other Working Capital Changes of -$139.17 million for fiscal Q1 2027 (quarter ended Jul 31, 2026), compared with -$97.91 million a year earlier.
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Analysis
Elastic (ESTC) Other Working Capital Changes (2018 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Elastic's Other Working Capital Changes came in at $127.37 million, up 7.5% year-over-year; for FY2026 (ended Apr 30, 2026), it came in at $168.62 million, up 14.6% from FY2025.
- Other Working Capital Changes has increased for four consecutive fiscal years, with a five-year compound annual growth rate of 7.8% (FY2021 to FY2026).
- By fiscal year, Other Working Capital Changes came in at $147.11 million in FY2025 (+9.3%), $134.6 million in FY2024 (+40.8%), $95.62 million in FY2023 (+14.1%) and $83.78 million in FY2022 (-27.7%).
- The fiscal Q1 2027 figure ranks as the lowest quarterly Other Working Capital Changes in data going back to fiscal Q3 2018.
- The high point for year-over-year Other Working Capital Changes in five years was fiscal Q3 2023 (growth of 225.8%); the low point was fiscal Q2 2023 (a decline of 81.9%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $219.58 million (Q4 2026), $70.88 million (Q3 2026) and -$23.93 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 300.92 Bn | 285.99 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 273.31 Bn | 253.72 Bn | 1.10 Bn |
| 3 | Fortinet | 135.52 Bn | 121.45 Bn | 1.64 Bn |
| 4 | Snowflake | 117.93 Bn | 105.24 Bn | 1.04 Bn |
| 5 | Datadog | 100.03 Bn | 81.67 Bn | 881.34 Mn |
| 6 | Zscaler | 41.64 Bn | 27.76 Bn | - |
| 7 | Okta | 39.41 Bn | 29.50 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 34.32 Bn | 28.84 Bn | 546.45 Mn |
| 9 | MongoDB | 31.39 Bn | 21.86 Bn | 569.77 Mn |
| 10 | Elastic | 11.02 Bn | 5.55 Bn | 356.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -159.54 Mn |
| Apr 30, 2026 | 159.09 Mn |
| Jan 31, 2026 | 20.85 Mn |
| Oct 31, 2025 | -62.43 Mn |
| Jul 31, 2025 | -129.07 Mn |
| Apr 30, 2025 | 67.32 Mn |
| Jan 31, 2025 | 20.39 Mn |
| Oct 31, 2024 | -6.95 Mn |
| Jul 31, 2024 | -88.36 Mn |
| Apr 30, 2024 | 66.27 Mn |
| Jan 31, 2024 | 3.63 Mn |
| Oct 31, 2023 | -20.72 Mn |
| Jul 31, 2023 | -47.78 Mn |
| Apr 30, 2023 | 35.98 Mn |
| Jan 31, 2023 | 14.65 Mn |
| Oct 31, 2022 | -15.57 Mn |
| Jul 31, 2022 | -43.02 Mn |
| Apr 30, 2022 | 38.35 Mn |
| Jan 31, 2022 | -14.98 Mn |
| Oct 31, 2021 | 10.20 Mn |
API Access
Elastic Other Working Capital Changes 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=other-working-capital-changes&ticker=ESTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=ESTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();