What is Elastic's current ratio?

Elastic (ESTC) reported current ratio of 1.7× in Q1 2026.

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

Elastic's current ratio decreased by 12.3% year-over-year, from 1.9× to 1.7×.

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

Over 5 years (2021 to 2026), Elastic's current ratio has grown at a 3.5% compound annual growth rate (CAGR), from 1.4× to 1.7×.

What does current ratio mean?

Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

Elastic ESTC Current ratio

Current ratio at other companies

Cisco Systems, Inc.CSCO

0.9×0.0×

MongoDBMDB

4.9×-0.9×

CrowdStrike Holdings, Inc.CRWD

1.5×-0.3×

Datadog, Inc.DDOG

3.4×+0.7×

DynatraceDT

1.4×0.0×

Insight EnterprisesNSIT

1.2×0.0×

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×

Where this comes from

Calculated from Elastic’s reported figures.

total current assets/total current liabilities=1.7×

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 current ratio?: Elastic (ESTC) reported current ratio of 1.7× in Q1 2026.
How has Elastic's current ratio changed year-over-year?: Elastic's current ratio decreased by 12.3% year-over-year, from 1.9× to 1.7×.
What is the long-term trend for Elastic's current ratio?: Over 5 years (2021 to 2026), Elastic's current ratio has grown at a 3.5% compound annual growth rate (CAGR), from 1.4× to 1.7×.
What does current ratio mean?: Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.