Elastic
ESTCQ1 2024(ESTC Q3 FY2024)Estimated0% AI
AI Revenue %
0%
AI Fair Value
$152.1M
AI Revenue (Q)
$0
Total Revenue (Q)
$365.4M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Elastic Q3 FY2024 (3 months ended Jan 31, 2024). 10-Q filing. Total revenue $328.0M (Subscription $307.6M, Services $20.3M; Elastic Cloud $143.4M). The filing describes Search, Observability, and Security solutions. No AI-specific language in the business description. ESRE and vector search features continued to be available but Elastic did not disclose any AI-specific revenue figures. While Elastic was positioning itself as an AI-relevant platform externally (on earnings calls, blogs), the SEC filings themselves contain no AI revenue disclosures. Ring 1 AI revenue = $0. Conservative estimate given no filing evidence. Math: $0 / $328.0M = 0.0%.
Analyzed by claude-opus-4-6
Quoted Figures
The Company offers three software solutions built into the Elastic Stack: Search, Observability, and Security.
10-Q Segment Note (Notes to Financial Statements, Note 1)
Elastic Cloud $143,379 (44% of total revenue), Other subscription $164,253 (50%), Services $20,325 (6%), Total revenue $327,957
10-Q Note 3, Revenue Disaggregation
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
ESRE (vector search, semantic search)ML inference endpoints in Elasticsearch
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix