Elastic delivered an 18% year-over-year increase in total revenue to $347.42 million in QQ1 2025, with Elastic Cloud contributing $157.0 million (30% YoY), representing 45% of total revenue. Gross margin stood at 76.3%, and non-GAAP operating margin was 10.7%, underscoring ongoing discipline in expense management amid growth. The quarter featured robust GenAI-driven momentum in the Search stack and amplia platform consolidation benefits, but also a notable near-term execution headwind due to a broad segmentation overhaul in the Americas that delayed deal closures. Management emphasized that deals were not lost and highlighted corrective actions and stronger pipeline progression in Q2. The company reaffirmed a long-term growth trajectory toward a multi-billion dollar, profitability-focused model, while guiding for a modest acceleration in revenue and margin in the near term as sales execution normalizes. Management signaled continued investment in GenAI and platform roadmap, accompanied by cost-reduction measures to offset near-term revenue softness, with a stronger emphasis on regions and opportunities with the highest growth potential.