Elastic (ESTC) Price to Sales (2018 - 2026)
Elastic's Price to Sales was 3.84 in fiscal Q1 2027 (quarter ended Jul 31, 2026), down 33.1% from 5.73 a year earlier but up 37.2% from the prior quarter.
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Analysis
Elastic (ESTC) Price to Sales (2018 - 2026) Analysis & Trends
For FY2026 (ended Apr 30, 2026), Price to Sales at Elastic came in at 2.80, down 54.4% from FY2025.
- In earlier fiscal years, Price to Sales was 6.13 in FY2025 (-25.2%), 8.20 in FY2024 (+57.3%), 5.22 in FY2023 (-37.7%) and 8.38 in FY2022 (-53.3%).
- Quarterly Price to Sales has moved between 2.80 (fiscal Q4 2026) and 21.90 (fiscal Q2 2022) over five years.
- Compared with a year earlier, Price to Sales has declined for eight straight quarters, with an average decline of 27.6% over the last eight quarters.
- The best year-over-year quarter for Price to Sales over five years was fiscal Q3 2024 (growth of 76.3%); the worst was fiscal Q2 2023 (a decline of 71.4%).
- Per Business Quant data, ESTC's Price to Sales in the three fiscal quarters before Q1 2027 was 2.80 (Q4 2026), 4.09 (Q3 2026) and 5.84 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 328.64 Bn | 313.71 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 276.50 Bn | 256.94 Bn | 1.10 Bn |
| 3 | Fortinet | 132.74 Bn | 118.67 Bn | 1.64 Bn |
| 4 | Snowflake | 120.19 Bn | 107.50 Bn | 1.04 Bn |
| 5 | Datadog | 99.51 Bn | 81.15 Bn | 881.34 Mn |
| 6 | Okta | 35.35 Bn | 25.44 Bn | 641.00 Mn |
| 7 | Axon Enterprise | 33.58 Bn | 28.10 Bn | 546.45 Mn |
| 8 | Zscaler | 32.06 Bn | 18.18 Bn | - |
| 9 | MongoDB | 28.84 Bn | 19.30 Bn | 569.77 Mn |
| 10 | Elastic | 9.88 Bn | 4.40 Bn | 356.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.84 |
| Apr 30, 2026 | 2.80 |
| Jan 31, 2026 | 4.09 |
| Oct 31, 2025 | 5.84 |
| Jul 31, 2025 | 5.73 |
| Apr 30, 2025 | 6.13 |
| Jan 31, 2025 | 8.22 |
| Oct 31, 2024 | 6.04 |
| Jul 31, 2024 | 8.53 |
| Apr 30, 2024 | 8.20 |
| Jan 31, 2024 | 9.73 |
| Oct 31, 2023 | 6.45 |
| Jul 31, 2023 | 5.88 |
| Apr 30, 2023 | 5.22 |
| Jan 31, 2023 | 5.52 |
| Oct 31, 2022 | 6.25 |
| Jul 31, 2022 | 8.25 |
| Apr 30, 2022 | 8.38 |
| Jan 31, 2022 | 10.88 |
| Oct 31, 2021 | 21.90 |
API Access
Elastic Price to Sales 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=price-to-sales&ticker=ESTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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=price-to-sales&ticker=ESTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();