Elastic (ESTC) Payables (2018 - 2026)
Elastic's Payables was $14.19 million in fiscal Q1 2027 (quarter ended Jul 31, 2026), down 46.5% from $26.51 million a year earlier but up 64.6% from the prior quarter.
Elastic (ESTC) Payables (2018 - 2026) Analysis & Trends
At the end of FY2026 (ended Apr 30, 2026), Payables at Elastic came in at $8.62 million, down 49.7% from FY2025.
- Payables has now declined for three consecutive fiscal years, though with a five-year compound annual growth rate of 3.5% (FY2021 to FY2026).
- In earlier fiscal years, Payables was $17.15 million in FY2025 (-34.2%), $26.08 million in FY2024 (-25.8%), $35.15 million in FY2023 (+23.8%) and $28.4 million in FY2022 (+291.9%).
- Quarterly Payables has moved between $8.62 million (fiscal Q4 2026) and $41.06 million (fiscal Q2 2023) over five years.
- Compared with a year earlier, Payables was higher in three of the last eight quarters, with growth averaging 35.3%.
- The best year-over-year quarter for Payables over five years was fiscal Q4 2022 (growth of 291.9%); the worst was fiscal Q3 2024 (a decline of 62.6%).
- Per Business Quant data, ESTC's Payables in the three fiscal quarters before Q1 2027 was $8.62 million (Q4 2026), $29.26 million (Q3 2026) and $37.24 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 290.00 Mn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 114.49 Mn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 282.50 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 185.25 Mn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 313.53 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 269.96 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 10.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | 47.97 Mn |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 12.65 Bn |
| 10 | Elastic | 9.24 Bn | 3.77 Bn | 356.19 Mn | 14.19 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 14.19 Mn |
| Apr 30, 2026 | 8.62 Mn |
| Jan 31, 2026 | 29.26 Mn |
| Oct 31, 2025 | 37.24 Mn |
| Jul 31, 2025 | 26.51 Mn |
| Apr 30, 2025 | 17.15 Mn |
| Jan 31, 2025 | 9.12 Mn |
| Oct 31, 2024 | 23.56 Mn |
| Jul 31, 2024 | 9.34 Mn |
| Apr 30, 2024 | 26.08 Mn |
| Jan 31, 2024 | 10.94 Mn |
| Oct 31, 2023 | 35.38 Mn |
| Jul 31, 2023 | 16.04 Mn |
| Apr 30, 2023 | 35.15 Mn |
| Jan 31, 2023 | 29.25 Mn |
| Oct 31, 2022 | 41.06 Mn |
| Jul 31, 2022 | 38.06 Mn |
| Apr 30, 2022 | 28.40 Mn |
| Jan 31, 2022 | 21.79 Mn |
| Oct 31, 2021 | 17.68 Mn |
Elastic Payables 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=payables&ticker=ESTC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=ESTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();