Elastic NV reported its financial results for the fourth quarter and full fiscal year ending April 30, 2025. The company's total revenue for Q4 increased to $388 million, marking a 16% rise year-over-year on both a reported and constant currency basis. Elastic Cloud revenue rose by 23% year-over-year to $182 million, consistent across reported and constant currency metrics. The GAAP operating loss for the fourth quarter was $12 million, equating to a GAAP operating margin of -3%. On a non-GAAP basis, Elastic achieved an operating income of $60 million, with a non-GAAP operating margin of 15%. For the full fiscal year 2025, Elastic reported revenue of $1.483 billion, reflecting a 17% increase compared to the previous year on a constant currency basis. The GAAP operating loss for the fiscal year was reported at $55 million, while the non-GAAP operating income reached $225 million, resulting in a non-GAAP operating margin of 15%. CEO Ash Kulkarni highlighted the strong finish to the fiscal year, driven by effective sales execution and sustained demand for Elastic's solutions. The company emphasized its leadership in Search AI, as customers increasingly adopt Generative AI applications and consolidate onto Elastic's platform.