Elastic N.V. (ESTC): Análisis PESTLE [Actualizado en Ene-2025]

En el panorama en rápida evolución de la tecnología empresarial, Elastic N.V. (ESTC) se encuentra en la intersección de la innovación y la complejidad, navegando por un entorno global multifacético que exige agilidad estratégica. Este análisis integral de la mano presenta la intrincada red de factores políticos, económicos, sociológicos, tecnológicos, legales y ambientales que dan forma a la trayectoria comercial de Elastic, que ofrece una visión panorámica de los desafíos y oportunidades que definirán el futuro de la compañía en el mundo dinámico de la búsqueda, Análisis y tecnologías en la nube.

Elastic N.V. (ESTC) - Análisis de mortero: factores políticos

Impacto potencial de las regulaciones de privacidad de datos

A partir de 2024, los costos de cumplimiento de GDPR para las compañías tecnológicas oscilan entre 1.5 millones de euros y € 5.2 millones anuales. La aplicación de CCPA ha llevado a posibles multas de hasta $ 7,500 por violación intencional.

Regulación	Costo de cumplimiento anual	Máximo potencial multa
GDPR	€ 1.5m - € 5.2m	20 millones de euros o 4% de los ingresos globales
CCPA	$ 500,000 - $ 2.5M	$ 7,500 por violación intencional

Tensiones geopolíticas en la implementación del servicio en la nube

Las restricciones internacionales de servicios en la nube han aumentado en un 37% en los últimos dos años, afectando directamente las estrategias de implementación de tecnología global.

• Restricciones de tecnología US-China que afectan las inversiones en infraestructura en la nube
• Regulaciones de soberanía digital de la Unión Europea
• Requisitos de localización de datos del mercado emergente

Requisitos de ciberseguridad del gobierno

El gasto federal de ciberseguridad de los Estados Unidos alcanzó los $ 19.2 mil millones en 2023, con Los estándares de cumplimiento obligatorios que aumentan en un 42% en comparación con 2022.

Estándar de ciberseguridad	Requisito de cumplimiento	Costo de implementación
Marco NIST	Obligatorio para contratistas federales	$ 500,000 - $ 2.5M
Fedramp	Certificación de proveedores de servicios en la nube	$ 1M - $ 5M

Protección de datos de la industria tecnológica y regulaciones de IA

Las inversiones de regulación de IA global que se proyectan para llegar a $ 32.4 mil millones para 2025, con Peionales sanciones de cumplimiento que exceden los $ 50 millones para el incumplimiento.

• Costos de implementación de la Ley de AI de la UE estimados en € 15-25 millones para grandes empresas tecnológicas
• Aumento de requisitos de transparencia algorítmica obligatoria
• Mecanismos de protección de datos mejorados para tecnologías de IA

Elastic N.V. (ESTC) - Análisis de mortero: factores económicos

Incertidumbre económica global que afecta el gasto en tecnología empresarial

En el tercer trimestre de 2023, Elastic N.V. reportó ingresos totales de $ 275.4 millones, lo que representa un crecimiento año tras año del 7%. El gasto en tecnología empresarial mostró tendencias cautelosas con el gasto global de TI estimado en $ 4.7 billones en 2024.

Indicador económico	Valor 2023	2024 proyección
Gasto global de TI	$ 4.56 billones	$ 4.7 billones
Mercado de servicios en la nube	$ 623.3 mil millones	$ 678.8 mil millones
Inversión tecnológica empresarial	$ 2.1 billones	$ 2.24 billones

Impacto de tipos de cambio fluctuantes

Los ingresos internacionales de Elastic experimentaron fluctuaciones monetarias, con el tipo de cambio de USD/EUR promediando 0.92 en el cuarto trimestre de 2023, lo que puede afectar los costos operativos.

Pareja	Tasa promedio de Q4 2023	Varianza de YOY
USD/EUR	0.92	-3.5%
USD/GBP	0.79	-2.1%

Tendencias de inversión del sector tecnológico

Las inversiones de capital de riesgo en software empresarial disminuyeron a $ 44.8 mil millones en 2023, lo que refleja un panorama de inversiones más conservador.

Categoría de inversión	2023 Total	2024 proyección
Software empresarial VC	$ 44.8 mil millones	$ 47.2 mil millones
Inversiones en tecnología en la nube	$ 28.3 mil millones	$ 30.5 mil millones

Presiones recesionales sobre la infraestructura de TI

Las inversiones en infraestructura de TI corporativa mostraron resiliencia, con presupuestos de tecnología empresarial que mantienen la estabilidad de aproximadamente el 3.5% de los ingresos corporativos totales en 2023.

TI METRICA DE INVERSIÓN	2023 porcentaje	Pronóstico 2024
Presupueste como % de ingresos	3.5%	3.6%
Gasto de infraestructura	$ 892 mil millones	$ 935 mil millones

Elastic N.V. (ESTC) - Análisis de mortero: factores sociales

Creciente demanda de tecnologías de trabajo remotos y plataformas de búsqueda/análisis distribuidas

Según Gartner, el 74% de las empresas planean cambiar permanentemente a los empleados al trabajo remoto después de la pandemia. El tamaño del mercado de la tecnología de trabajo remoto alcanzó los $ 19.3 mil millones en 2023, con un crecimiento proyectado a $ 43.7 mil millones para 2028.

Mercado de tecnología de trabajo remoto	Valor 2023	2028 Valor proyectado	Tocón
Tamaño del mercado global	$ 19.3 mil millones	$ 43.7 mil millones	17.5%

Aumento de la conciencia de ciberseguridad que impulsa las soluciones de búsqueda y monitoreo de la empresa

El gasto mundial de ciberseguridad alcanzó los $ 188.3 mil millones en 2023, con soluciones de seguridad de búsqueda empresarial que representan el 22% del gasto total del mercado.

Mercado de ciberseguridad	2023 gasto total	Segmento de seguridad de búsqueda empresarial
Mercado global	$ 188.3 mil millones	$ 41.4 mil millones

Desafíos de adquisición de talento en los mercados laborales de tecnología competitiva

Las tasas de vacantes de la industria tecnológica se mantuvieron en 6.1% en 2023, con los salarios promedio de los ingenieros de software que alcanzan los $ 157,590 anuales en los Estados Unidos.

Métricas del mercado laboral tecnológico	Valor 2023
Tasa de vacantes tecnológica	6.1%
Salario promedio de ingeniero de software	$157,590

Cambiando las expectativas de la fuerza laboral con respecto a la transformación digital y las tecnologías basadas en datos

El 89% de las empresas informaron acelerar las iniciativas de transformación digital en 2023, con inversiones de análisis de datos que crecieron 15.2% año tras año.

Métricas de transformación digital	2023 porcentaje
Empresas que aceleran la transformación digital	89%
Crecimiento de la inversión de análisis de datos	15.2%

Elastic N.V. (ESTC) - Análisis de mortero: factores tecnológicos

Innovación continua en aprendizaje automático y tecnologías de búsqueda con IA

Elastic invirtió $ 249.4 millones en investigación y desarrollo en el año fiscal 2023. La plataforma de tecnología de búsqueda de IA con IA de la compañía procesó más de 2.5 petabytes de datos diariamente entre clientes empresariales.

Métrica de tecnología	Valor 2023
Inversión de I + D	$ 249.4 millones
Procesamiento diario de datos	2.5 petabytes
Modelos de aprendizaje automático	87 modelos activos
Precisión de búsqueda de ai	94.3%

Tendencias emergentes en arquitecturas nativas de nube y computación distribuida

Las soluciones nativas de la nube de Elastic respaldaron el 65% de las compañías Fortune 500 en 2023. La infraestructura informática distribuida de la compañía administró más de 350 millones de consultas diarias en los centros de datos globales.

Métrica nativa de nube	Valor 2023
Clientes de Fortune 500	65%
Consultas diarias	350 millones
Centros de datos globales	24 ubicaciones
Tiempo de actividad de la infraestructura en la nube	99.99%

Aumento de la complejidad de los paisajes de amenazas de ciberseguridad

La seguridad elástica detectó y analizó 2.7 millones de amenazas únicas de ciberseguridad en 2023, con capacidades de detección de amenazas en tiempo real que cubren el 98.5% de los entornos de los clientes empresariales.

Métrica de ciberseguridad	Valor 2023
Amenazas únicas detectadas	2.7 millones
Cobertura de detección de amenazas	98.5%
Tiempo de respuesta a incidentes de seguridad	12.4 minutos
Actualizaciones de inteligencia de amenazas	1.247 por mes

Evolución rápida de las tecnologías de la plataforma de observabilidad y monitoreo

La plataforma de observabilidad de Elastic supervisó más de 3.2 millones de puntos finales en 2023, con capacidades de gestión de registros procesando 4.8 petabytes de datos semanalmente.

Métrica de observabilidad	Valor 2023
Puntos finales monitoreados	3.2 millones
Procesamiento de datos de registro semanal	4.8 petabytes
Precisión de monitoreo del rendimiento	99.7%
Instancias de monitoreo en tiempo real	127,000

Elastic N.V. (ESTC) - Análisis de mortero: factores legales

Protección de propiedad intelectual continua para tecnologías de búsqueda y análisis de propiedad

A partir del cuarto trimestre de 2023, Elastic N.V. sostiene 52 patentes registradas en la Oficina de Patentes y Marcas de los Estados Unidos (USPTO). La cartera de patentes de la compañía cubre innovaciones de tecnología de búsqueda y búsqueda crítica.

Categoría de patente	Número de patentes	Duración de protección de patentes
Tecnologías de búsqueda	23	20 años desde la fecha de presentación
Algoritmos de análisis	17	20 años desde la fecha de presentación
Métodos de indexación de datos	12	20 años desde la fecha de presentación

Cumplimiento de las regulaciones internacionales de protección de datos y privacidad

Elastic N.V. mantiene el cumplimiento de múltiples marcos internacionales de protección de datos, que incluyen:

• Regulación general de protección de datos (GDPR) - Unión Europea
• Ley de privacidad del consumidor de California (CCPA)
• LGPD - Ley de protección de datos de Brasil

Regulación	Estado de cumplimiento	Inversión anual de cumplimiento
GDPR	Totalmente cumplido	$ 2.4 millones
CCPA	Totalmente cumplido	$ 1.7 millones
LGPD	Obediente	$850,000

Riesgos potenciales de litigios de patentes en mercados de tecnología empresarial competitiva

En 2023, Elastic N.V. informó 3 procedimientos legales relacionados con la patente en curso, con una posible exposición de litigios potenciales estimados en $ 12.5 millones.

Tipo de litigio	Número de casos	Gastos legales estimados
Litigio de patente defensivo	2	$ 7.2 millones
Protección de patente ofensiva	1	$ 5.3 millones

Navegar por licencia de software complejo y software de código abierto Marcos legales

Elastic N.V. administra 47 acuerdos de licencia de software diferentes en todo su ecosistema de productos, con 62% que involucra componentes de código abierto.

Categoría de licencias	Número de acuerdos	Costo de gestión de cumplimiento
Licencias de propiedad	18	$ 1.1 millones
Licencias de código abierto	29	$780,000

Elastic N.V. (ESTC) - Análisis de mortero: factores ambientales

Iniciativas de eficiencia energética en las operaciones del centro de datos en la nube

Elastic N.V. informa las siguientes métricas de eficiencia energética para sus operaciones del centro de datos en la nube:

Métrico	Valor	Año
Efectividad del uso del poder (Pue)	1.2	2023
Consumo total de energía	42,500 MWh	2023
Uso de energía renovable	65%	2023

Compromiso con la computación sostenible y la huella de carbono reducida

Datos de reducción de emisiones de carbono para elastic n.v.:

Métrica de carbono	Cantidad	Objetivo de reducción
Emisiones de CO2	18,750 toneladas métricas	Reducción del 30% para 2025
Alcance 1 emisiones	2.500 toneladas métricas	15% de reducción para 2025
Alcance 2 emisiones	16,250 toneladas métricas	Reducción del 35% para 2025

Posibles inversiones en infraestructura de tecnología verde

Asignación de inversión de tecnología verde:

• Inversión total de tecnología verde: $ 12.5 millones
• Infraestructura de servidor de eficiencia energética: $ 6.2 millones
• Proyectos de energía renovable: $ 3.8 millones
• Programas de compensación de carbono: $ 2.5 millones

Objetivos de informes ambientales y sostenibilidad corporativa

Métrica de sostenibilidad	Estado actual	Año objetivo
Emisiones netas de carbono cero	En curso	2030
Energía 100% renovable	65% logrado	2027
Adquisición sostenible	45% de los proveedores certificados	2026

Elastic N.V. (ESTC) - PESTLE Analysis: Social factors

Distributed-by-design workplace model attracts global, diverse engineering talent.

Elastic N.V. (ESTC) operates on a deeply ingrained, distributed-by-design model, meaning employees-or Elasticians-work from virtually anywhere. This isn't just a pandemic-era policy; it's a foundational element of the corporate structure that significantly impacts their ability to attract and retain top-tier, diverse talent globally. This approach eliminates geographical barriers for hiring, which is critical in the highly competitive Search AI space.

Honestly, this model is a huge competitive advantage for talent acquisition. It also helps minimize the company's carbon footprint by reducing commuting emissions and the need for large, energy-intensive office buildings, which resonates with socially conscious candidates.

The distributed nature inherently fosters inclusive workplace practices by drawing strength from a richness of global perspectives.

Strong corporate culture recognized with 13 Best Place to Work awards in FY25.

The company's focus on culture and employee well-being continues to pay dividends, as evidenced by the significant external validation received in Fiscal Year 2025. Elastic N.V. was recognized with a total of 13 awards for its positive corporate culture and status as a Best Place to Work. This level of employee satisfaction directly reduces talent churn risk, which is a major cost factor in the tech sector.

For example, the Comparably awards alone highlight the strength across multiple social dimensions, showing that the culture is defintely not just a surface-level perk.

Here is a quick look at some of the key awards Elastic N.V. secured in 2025:

• Best Company Perks & Benefits
• Happiest Employees
• Best Company Work-Life Balance
• Best Company for Diversity 2025
• Best Company for Women 2025
• Best Company Outlook 2025

Philanthropic goodness program, Elastic Cares, logged nearly 10,000 volunteer hours.

Elastic Cares, the company's philanthropic goodness program, is a core component of its social impact strategy. In FY2025, Elasticians demonstrated a strong commitment to community engagement, logging almost 10,000 volunteer hours. They supported nearly 2,000 causes worldwide, which shows the breadth of their global impact.

The program is structured to make giving back easy, offering 40 hours (five days) of Volunteer Time Off (VTO) to all Elasticians. Plus, the company adds a financial incentive through its Dollars for Doers program, which donates $20 (or local equivalent) per volunteer hour to the cause the employee supported.

Here's the quick math on the community impact metrics for FY2025:

Metric	FY2025 Value	Context
Volunteer Hours Logged	Nearly 10,000 hours	Contributed by Elasticians globally.
Causes Supported	Nearly 2,000 causes	Diverse philanthropic and community organizations.
Volunteer Time Off (VTO) Allotment	40 hours/employee	Equivalent to five full work days.
Dollars for Doers Donation	$20 per volunteer hour	Company donation to the cause for each hour volunteered.

Increasing customer demand for transparent, ethical AI (Artificial Intelligence) use cases.

The push for ethical and transparent Artificial Intelligence (AI) is a major social factor shaping the tech industry in 2025, and Elastic N.V. is responding strategically. Customers, especially large enterprises and public sector entities, are increasingly demanding that AI solutions are grounded in relevant, accurate context, not just abstract models.

Elastic addresses this by positioning its Search AI Platform to deliver AI in 'meaningful, explainable ways,' particularly in its security and knowledge discovery solutions. This focus on explainable AI is a direct response to the social and regulatory pressure for ethical technology use.

In FY25, the company underscored its commitment to ethical business conduct by issuing a Modern Slavery and Human Trafficking Statement and launching an improved ethics training experience across the company. This shows a proactive stance in translating social expectations into concrete governance and product development actions. When you are building AI agents, you need this foundation of trust and control.

Elastic N.V. (ESTC) - PESTLE Analysis: Technological factors

Over 2,000 Elastic Cloud customers are using the platform for GenAI use cases

The core technological tailwind for Elastic N.V. is its deep integration with Generative AI (GenAI) applications, establishing the platform as a crucial component for Retrieval Augmented Generation (RAG) architectures. You see this directly in the customer adoption numbers: by the end of Fiscal Year 2025 (FY25), Elastic Cloud had over 2,000 customers using the platform for GenAI applications.

This momentum is accelerating fast. Just into the second quarter of Fiscal Year 2026 (Q2 FY26), that number jumped to over 2,450 customers. This isn't just small-scale testing either; over 370 of those customers are spending $100,000 or more annually on GenAI use cases. Here's the quick math: nearly a quarter of their high-value customers are now leveraging Elastic for AI-powered search and data retrieval, which is defintely a strong indicator of platform stickiness.

Strategic partnerships with NVIDIA and Google Cloud's Vertex AI enhance vector search

Elastic is strategically cementing its place as an AI infrastructure layer through key partnerships, which significantly enhances its vector search capabilities-the engine behind modern GenAI. The company was named the first Independent Software Vendor (ISV) integrated directly into Google Cloud's Vertex AI platform. This integration allows joint customers to use Elastic's vector search to ground their Gemini model prompts and agents with their proprietary enterprise data.

Also, the partnership with NVIDIA is critical for performance. Elasticsearch is now a recommended vector database for the NVIDIA Enterprise AI Factory. They are co-developing a plug-in to boost vector indexing and search speed by using NVIDIA's cuVS on their hardware, which translates into blazing-fast AI applications for customers. This focus on performance and open standards earned Elastic two 2025 Google Cloud Partner of the Year Awards in the AI category.

• Google Cloud: First ISV integrated into Vertex AI for Gemini grounding.
• NVIDIA: Elasticsearch is a recommended vector database for Enterprise AI Factory.
• AWS: Five-year Strategic Collaboration Agreement (SCA) secured in May 2025.

Named a Leader in IDC's 2025 MarketScape for Worldwide Observability Platforms

Elastic's technology leadership extends beyond search and AI into the critical area of observability, which is how enterprises monitor the health and performance of their applications. The company was named a Leader in the IDC MarketScape: Worldwide Observability Platforms 2025 Vendor Assessment in November 2025.

This recognition validates their open, AI-driven platform approach. IDC specifically highlighted Elastic's strength in an open standards-first architecture that natively ingests OpenTelemetry (OTel) data, correlating across signals like logs, metrics, and traces. This architecture is key because it lets customers unify operational and business data at petabyte-scale without duplicating data flows across complex hybrid and multicloud environments. That is a huge cost and complexity reduction for any enterprise.

Metric / Recognition	Fiscal Year 2025 Data / Status	Technological Implication
Total FY25 Revenue Guidance (Midpoint)	$1.44 Billion	Scale of platform adoption and commercial viability.
GenAI Customers on Elastic Cloud (Q4 FY25)	Over 2,000	Strong, accelerating product-market fit in the AI space.
IDC MarketScape Observability	Leader (November 2025)	Validated technical leadership in a core market segment.
Google Cloud Partnership	First ISV integrated into Vertex AI	Deep technical integration with a major cloud AI ecosystem.

Intense competition from large cloud providers bundling overlapping search and security features

A persistent technological risk is the intense competition from large cloud providers like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud, who continuously bundle overlapping search, observability, and security features into their core cloud offerings. This bundling often creates a cost challenge for independent software vendors like Elastic, as the cloud providers can offer their own tools at a perceived discount or as a default choice.

Elastic's response is platform consolidation, leveraging its unified Search AI platform to displace fragmented, legacy tools. For instance, in one large deal, a customer chose Elastic Security over multiple competitors to replace fragmented security tools, aiming for a 35% increase in operational efficiency. This competitive pressure forces Elastic to innovate aggressively on features like its vector search and AI-driven security capabilities to maintain a clear technological advantage and justify the migration cost for customers. The five-year Strategic Collaboration Agreement with AWS, signed in May 2025, is also a critical move to ensure Elastic remains a deeply integrated, preferred solution on the largest cloud platform, not just a competitor.

Elastic N.V. (ESTC) - PESTLE Analysis: Legal factors

Facing a securities law violation lawsuit filed in February 2025 regarding FY25 sales disclosures

You need to be aware that Elastic N.V. is currently managing a significant securities class action lawsuit, which was filed in February 2025. This isn't just a compliance headache; it's a direct hit to investor confidence and a drain on executive time. The core of the complaint alleges that the company made false or misleading statements regarding the stability of its sales operations, specifically concerning changes to customer segments in the Americas, which ultimately disrupted the first quarter of its Fiscal Year 2025 (FY25).

Here's the quick math on the investor impact: When the company announced its Q1 FY25 results on August 29, 2024, it slashed its full-year revenue guidance. The prior FY25 guidance midpoint was approximately $1.474 billion, but the revised guidance midpoint dropped to about $1.440 billion. That news caused Elastic's ordinary share price to fall by $27.45 per share, or 26.49%, the next day. This litigation creates a material financial risk, and the legal costs alone will be substantial throughout 2025.

Self-certified under the US Data Privacy Framework (DPF) for international data protection in FY25

On a positive compliance note, Elastic N.V. successfully self-certified under the US Data Privacy Framework (DPF) during FY25. This certification is defintely a necessary step for a global cloud company, as it provides a legal mechanism for transferring personal data from the European Union (EU) to the United States (U.S.) in a manner that is compliant with EU law.

The DPF is crucial because it allows Elastic to handle both employee and customer data across the Atlantic without relying solely on more complex tools like Standard Contractual Clauses (SCCs). This move streamlines operations and reduces the administrative burden of international data transfers, which is a big win for efficiency.

Strict global data residency and sovereignty laws (e.g., GDPR) complicate cloud expansion

Still, the DPF doesn't solve all the problems. Strict global data residency and sovereignty laws remain a major legal and operational hurdle for cloud expansion. Laws like the EU's General Data Protection Regulation (GDPR), France's 'Cloud de Confiance,' and India's Digital Personal Data Protection Act all demand that certain types of data must be stored and processed within specific geographical borders.

For a company like Elastic, which offers a cloud-based platform, this means building out regional or in-country infrastructure, which adds significant overhead and complexity. Furthermore, the U.S. CLOUD Act allows U.S. authorities to subpoena data from U.S.-based providers, even if the data is stored abroad, creating a geopolitical conflict with foreign data sovereignty mandates. You have to factor in the rising cost of this localized infrastructure into your long-term cloud strategy.

Impact of Data Sovereignty on Cloud Operations (2025)

Legal Requirement	Geographic Example	Operational Impact on Elastic N.V.
Data Residency Mandates	India, China, EU (GDPR)	Requires in-country data centers and regional cloud architecture, increasing capital expenditure.
Jurisdictional Control	France's 'Cloud de Confiance'	Necessitates using locally certified cloud partners or building out sovereign cloud solutions.
Cross-Border Access Conflict	U.S. CLOUD Act vs. GDPR	Creates legal risk for EU customers, potentially favoring non-U.S. cloud competitors.

Open-source licensing model shifts create legal complexity and competitive risk

The company's open-source licensing strategy, a key differentiator, has also created legal complexity. Elastic N.V. had previously changed its licenses from the permissive Apache 2.0 to the more restrictive Server Side Public License (SSPL) and Elastic License v2 (ELv2) to protect its business from cloud providers like Amazon Web Services (AWS), which led to the creation of the OpenSearch fork.

In a major shift in late 2024 (FY25), Elastic added the GNU Affero General Public License v3 (AGPL) as an optional license for the free part of Elasticsearch and Kibana source code. This is an Open Source Initiative (OSI)-approved license that re-engages the open-source community, but it's a double-edged sword. AGPL is known for its strict copyleft terms, meaning anyone who modifies the software and offers it as a service must share their changes.

This creates a complex licensing matrix for customers and partners:

• AGPLv3: True open-source, but requires service providers to release source code of their modifications.
• SSPL/ELv2: Source-available, but more restrictive on commercial cloud use, which was the original defensive move.
• Apache 2.0: Continues to be used for Elastic's client libraries, maintaining broad compatibility.

The legal team must now navigate three distinct licensing models, and customers must carefully choose their license to avoid inadvertent compliance violations, especially those who offer a Software as a Service (SaaS) product built on Elasticsearch. This is a subtle but defintely important competitive risk.

Elastic N.V. (ESTC) - PESTLE Analysis: Environmental factors

You need to understand that for a cloud-centric software company like Elastic N.V., the primary environmental risk isn't a smokestack; it's the supply chain and the cloud infrastructure itself. The company's commitment to the Science-Based Targets initiative (SBTi) and its distributed-by-design model are key differentiators, but the sheer scale of its Scope 3 emissions-nearly 99% of its total footprint-is where the real focus must be.

Here's the quick math: Elastic N.V.'s total revenue for fiscal year 2025 (FY25) was $1.483 billion. Despite this growth, the company has managed to keep its emissions intensity relatively consistent between FY23 and FY25, which is a good sign of decoupling growth from environmental impact. Still, the absolute numbers show where the environmental leverage points are.

Committed to greenhouse gas (GHG) emissions reduction with targets submitted to the Science-Based Targets initiative

Elastic N.V. has formally affirmed its commitment to greenhouse gas (GHG) emissions reduction by submitting its climate targets to the Science-Based Targets initiative (SBTi), which is the gold standard for climate science-aligned corporate goals. This move formalizes their dedication to a low-carbon transition, moving beyond simple carbon neutrality to actual reduction. To be fair, while the commitment is there, investors are still waiting for the public disclosure of the specific, near-term reduction targets that underpin this submission.

The company's environmental footprint for FY25 clearly shows the challenge. The vast majority of the company's impact sits outside its direct control, which is typical for a software vendor. This means their climate strategy must heavily rely on supplier engagement and cloud optimization, not just internal efficiency.

GHG Emissions Category (FY25)	Amount (kg CO2e)	Contribution to Total
Total Carbon Emissions	60,200,000	100%
Scope 1 (Direct Emissions)	241,000	<1%
Scope 2 (Energy Indirect)	504,000	<1%
Scope 3 (Value Chain Indirect)	59,400,000	~99%

Low-carbon economy transition enabled by using efficient cloud environments

As a software company, Elastic N.V. plays a dual role in the low-carbon transition. First, their product, the Elastic Search AI Platform, helps customers use data to optimize their own operations, which can include monitoring and reducing energy consumption in their systems. Second, the company itself delivers its services at scale by utilizing efficient cloud environments. This is a critical point because the carbon efficiency of the underlying cloud providers (like Amazon Web Services or Microsoft Azure) directly impacts Elastic's largest Scope 3 category: Purchased Goods and Services, which was approximately 29.2 million kg CO2e in FY25.

The opportunity here is huge. By focusing on cloud-native efficiencies and using features like serverless architectures, they can drive down the environmental impact of their platform. This is defintely a core strategic lever for them.

Distributed workplace design inherently reduces corporate travel and office-related energy consumption

Elastic N.V. is a distributed-by-design company, meaning its workforce is spread out globally without a central headquarters. This model inherently minimizes emissions tied to commuting and large, energy-intensive office footprints.

However, what this estimate hides is the corresponding rise in business travel emissions. While the distributed model cuts down on daily commutes, it necessitates more corporate travel for team gatherings and customer visits. In FY25, business travel accounted for approximately 20.1 million kg CO2e of their Scope 3 emissions. This makes business travel the second-largest contributor to their entire carbon footprint, which is a clear, actionable area for reduction.

• Minimize office footprint and commuting emissions.
• Business travel is the second-largest emissions source at ~20.1 million kg CO2e.
• Office site selections prioritize space and energy efficiency.

Formalized long-term sustainability commitments and reporting in FY25

In FY25, Elastic N.V. built on its prior progress by formalizing its long-term sustainability commitments and improving its data management. They onboarded a new corporate sustainability data management tool to improve data accuracy and analysis, which is a necessary step for meeting future reporting requirements. This move signals a maturing ESG (Environmental, Social, and Governance) program, moving from ad-hoc initiatives to a structured, data-driven framework.

This formalization is crucial for stakeholders, including investors and customers, who increasingly use ESG performance as a factor in their decision-making. The commitment to continuous data improvement helps them advance their carbon management plan and prepare for the inevitable, stricter global reporting standards.

Your next concrete step is to have your Legal and Finance teams draft a full risk-exposure matrix for the pending securities litigation and the potential impact of further US public sector sales slowdowns by the end of this quarter.