Elastic

Elastic Q1 FY2023 (3 months ended Jul 31, 2022). 10-Q filing. Revenue ~$250.1M. Elastic offered Enterprise Search, Observability, and Security built on the Elastic Stack (Elasticsearch, Kibana, Logstash, Beats). At this time, Elasticsearch was a traditional full-text search and analytics engine using BM25/TF-IDF ranking. No vector search, no ESRE, no generative AI features, no ML inference endpoints had been released as production features. The filing contains zero mentions of artificial intelligence, machine learning models, or AI products. All revenue is from traditional search/observability/security infrastructure (Ring 3 at best). Ring 1 AI revenue = $0. Math: $0 / $250.1M = 0.0%.