What is Elastic's cash ratio?

Elastic (ESTC) reported cash ratio of 0.6× in Q1 2026.

How has Elastic's cash ratio changed year-over-year?

Elastic's cash ratio decreased by 12.0% year-over-year, from 0.7× to 0.6×.

What is the long-term trend for Elastic's cash ratio?

Over 5 years (2021 to 2026), Elastic's cash ratio has grown at a -6.6% compound annual growth rate (CAGR), from 0.9× to 0.6×.

What does cash ratio mean?

Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.

Elastic ESTC Cash ratio

Cash ratio at other companies

Cisco Systems, Inc.CSCO

0.2×-0.1×

MongoDBMDB

1.7×+0.4×

CrowdStrike Holdings, Inc.CRWD

1.1×-0.3×

Datadog, Inc.DDOG

0.3×-0.3×

DynatraceDT

0.7×0.0×

Insight EnterprisesNSIT

0.1×0.0×

Other financials

Income statement

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Revenue$450.7M+16.0%

Gross profit$339.6M+16.8%

Operating income-$16.4M-36.5%

Net income$435.9M+2,761%

EPS (diluted)$4.07+2,813%

Balance sheet

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Cash & equivalents$768.7M+5.1%

Total debt$591.6M-0.6%

Total equity$1.3B+37.7%

Total assets$3.2B+21.6%

Cash flow

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Operating cash flow$152.7M+75.6%

CapEx$2.9M+36.8%

Free cash flow$149.8M+76.5%

Valuation

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Market cap$6.13B-44.0%

Profitability

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Gross margin76.1%+1.7pp

Operating margin-1.9%-0.6pp

Net margin21.1%+16.8pp

FCF margin18.5%+0.9pp

Returns & leverage

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Return on equity33.4%+26.1pp

Debt / equity0.5×-0.2×

Current ratio1.7×-0.2×

Where this comes from

Calculated from Elastic’s reported figures.

cash and equivalents/total current liabilities=0.6×

Based on the most recent quarter.

The official record: Elastic’s 10-K, filed June 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Elastic's cash ratio?: Elastic (ESTC) reported cash ratio of 0.6× in Q1 2026.
How has Elastic's cash ratio changed year-over-year?: Elastic's cash ratio decreased by 12.0% year-over-year, from 0.7× to 0.6×.
What is the long-term trend for Elastic's cash ratio?: Over 5 years (2021 to 2026), Elastic's cash ratio has grown at a -6.6% compound annual growth rate (CAGR), from 0.9× to 0.6×.
What does cash ratio mean?: Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.