INDEX / DIRECTORY / SPLUNK / ECONOMIC

Splunk ECONOMIC

ECONOMIC AUDIT UPDATED 2026-08-29
Economic Score 5.00 /10 A Splunk - BDS-1000 814
Economic 5.00

Evidence-only forensic audit. Scoring happens downstream - see the main dossier for the composite assessment.

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Supply Chain & Sourcing Relationships

Splunk is a software company within the Cisco group, and the reviewed materials do not describe physical-goods sourcing from Israeli agricultural exporters, importer-of-record arrangements for Israeli-origin goods, seasonal procurement, or white-label Israeli goods sourcing 1, 2, 3, 4.

No public evidence identified of Splunk factories, logistics hubs, data centres, real-estate holdings, or other physical supply-chain infrastructure in Israel in the reviewed corporate records.

Splunk’s 2023 subsidiary schedule lists Splunk Services Israel Ltd. as an Israeli-jurisdiction subsidiary, while Cisco’s FY2025 subsidiary schedule continues to list that entity within the group 5, 6.

The reviewed schedules do not disclose Splunk Services Israel Ltd.’s address, workforce, revenue, business function, ownership percentage, procurement role, or tax status 5, 6.

Splunk’s public acquisitions page does not identify an Israeli-domiciled operating company acquired by Splunk, subject to the limitation that the page is not a comprehensive corporate-registry determination 7.

Splunk’s 2015 Caspida acquisition disclosure describes the acquisition of all outstanding Caspida stock for approximately US$190 million, but does not identify Caspida as Israeli-domiciled or document Israeli manufacturing, IDF, settlement, or critical-infrastructure relationships 8.

Product Origin, Labeling & Regulatory Compliance

Israel’s National Digital Agency / Government ICT Authority published Tender 7/2021 on 13 September 2021 for Splunk product licences and professional services 9.

The tender specifications call for Splunk Core and Splunk Enterprise Security licences, support, and professional services, and require specified Splunk certifications for supplier personnel 10.

The specifications also provide for security screening or classification where required for supplier personnel 10.

The reviewed tender materials identify neither a successful bidder nor a contract value, award date, delivery volume, deployment date, or final government end user 9, 10.

The tender is evidence that an Israeli civilian-government authority sought Splunk licences and related services, but it does not establish an IDF or Israel Ministry of Defense end user 9, 10.

No public evidence identified of a verified primary-source record of Splunk deployment by the IDF or Israel Ministry of Defense.

No public evidence identified in the bounded research memo of a court, parliamentary, sanctions, export-control, or regulatory-enforcement document naming Splunk.

Investment, Capital & Financial Exposure

Cisco completed its acquisition of Splunk on 18 March 2024 for US$157 per share in cash, representing approximately US$28 billion in equity value 11.

Cisco’s fiscal-2024 Form 10-K reports approximately US$27 billion of total consideration for the Splunk acquisition 12.

Israel’s official merger-publication record lists Cisco Systems, Inc. and Splunk Inc. under merger number 2023-051426 and describes both parties’ principal activity as observability and information-security software 13.

That merger record confirms Israeli regulatory recognition of the Cisco–Splunk transaction, but does not identify Israeli public-sector customers, operational sites, or investment commitments 13.

No public evidence identified of Splunk-held Israeli sovereign bonds, Israel Bonds, Israeli company holdings, or Israel-focused funds in the reviewed disclosures.

The reviewed corporate sources do not establish Israeli state ownership, Israeli institutional-investor control, Israeli individual control, government-appointed directors, golden-share arrangements, or a critical-national-infrastructure designation for Splunk or Cisco 11, 12, 14.

Operational Presence & Market Activity

Splunk’s Form 10-Q for the quarter ended 31 October 2023 states that the company had operations in Israel in discussing risks from war and instability there 2.

The filing does not provide Israel-specific workforce, revenue, address, tax-payment, or operational-function figures 2.

Splunk’s contact page lists an Israel telephone number, +972 9 864 6034, without identifying the legal entity, office address, headcount, or whether the line serves sales, support, or another function 3.

The available evidence therefore supports an Israeli corporate and operational presence, but does not quantify the scale or specify the activities conducted there 2, 3, 5, 6.

No public evidence identified of Splunk operations, offices, sales, services, contracts, or facilities in West Bank settlements, East Jerusalem settlements, or the Golan Heights in the reviewed materials.

AFSC Investigate’s public “Occupations” list returned no match for “Splunk” when accessed in 2026, while separately listing Cisco Systems Inc.; this is a source-scoped result rather than proof of no relevant activity 15.

The supplied document-scoped pre-scan likewise reported no Splunk mention in the specified UN, OHCHR, DBIO/BankTrack, PAX, Who Profits, BDS, HRW, Amnesty, Al-Haq, KLP, insurance, and related reports, including the cited UN report and OHCHR settlement-database materials 16, 17.

Corporate Structure & Foundational Ties

Splunk reported that it was incorporated in California in October 2003 and reincorporated in Delaware in May 2006 14.

A pre-close SEC filing dated 18 March 2024 identifies Splunk Inc. as a Delaware corporation with EIN 86-1106510 and lists 250 Brannan Street, San Francisco, California as its principal executive office 18.

That filing identifies Gary Steele as Splunk’s President and CEO, but it does not establish Splunk’s post-acquisition office arrangements following Cisco integration 18.

Cisco’s fiscal-2024 Form 10-K states that Cisco’s corporate headquarters are at an owned site in San Jose, California 12.

Cisco’s acquisition-completion announcement identifies Chuck Robbins as Cisco’s Chair and CEO 11.

No public evidence identified that Splunk was founded in Israel, headquartered in Israel, Israeli tax-resident, a Preferred Technology Enterprise, or controlled by Israeli capital in the reviewed corporate sources.

Profit Repatriation & Economic Contribution

The reviewed SEC filings, corporate materials, subsidiary schedules, and procurement records do not disclose Israel-specific revenue, employee counts, tax payments, profit repatriation, dividend flows, or R&D expenditure for Splunk Services Israel Ltd. 2, 5, 6, 9, 10.

The available sources therefore do not support a quantified finding on Splunk’s economic contribution to Israel or on any transfer of profits from Israel to Cisco or another group entity 2, 5, 6.

The public Tender 7/2021 record does not establish an executed contract, payment amount, licence quantity, or post-2021 continuation 9, 10.

Footnotes

  1. https://www.sec.gov/Archives/edgar/data/1353283/000135328323000011/ex-211013123.htm ↩

  2. https://www.sec.gov/Archives/edgar/data/1353283/000135328323000043/splk-20231031.htm ↩ ↩2 ↩3 ↩4 ↩5 ↩6

  3. https://www.splunk.com/en_us/about-splunk/contact-us.html ↩ ↩2 ↩3

  4. https://www.sec.gov/Archives/edgar/data/1353283/000110465915050468/a15-15481_1ex99d1.htm ↩

  5. https://www.sec.gov/Archives/edgar/data/1353283/000135328323000011/ex-211013123.htm ↩ ↩2 ↩3 ↩4 ↩5

  6. https://s2.q4cdn.com/951347115/files/doc_financials/2025/q4/6c821d1a-cf4e-4310-9801-df9399aa701b.pdf ↩ ↩2 ↩3 ↩4 ↩5

  7. https://www.splunk.com/en_us/about-splunk/acquisitions.html ↩

  8. https://www.sec.gov/Archives/edgar/data/1353283/000110465915050468/a15-15481_1ex99d1.htm ↩

  9. https://mr.gov.il/ilgstorefront/he/p/4000539297 ↩ ↩2 ↩3 ↩4 ↩5

  10. https://mr.gov.il/ilgstorefront/he/p/attachment/005056BF4DAB1EDC8589CB89714D2136/%D7%97%D7%95%D7%91%D7%A8%D7%AA%20%D7%94%D7%9E%D7%9B%D7%96 ↩ ↩2 ↩3 ↩4 ↩5 ↩6

  11. https://investor.cisco.com/news/news-details/2024/Cisco-Completes-Acquisition-of-Splunk/ ↩ ↩2 ↩3

  12. https://www.sec.gov/Archives/edgar/data/858877/000085887724000017/csco-20240727.htm ↩ ↩2 ↩3

  13. https://www.gov.il/BlobFolder/legalinfo/2023-051426/he/mirsham_2023-051426.pdf ↩ ↩2

  14. https://www.sec.gov/Archives/edgar/data/1353283/000135328322000011/splk-20220131.htm ↩ ↩2

  15. https://investigate.afsc.org/occupations ↩

  16. https://docs.un.org/en/A/HRC/59/23 ↩

  17. https://www.ohchr.org/en/press-releases/2025/09/un-human-rights-office-updates-database-businesses-involved-israeli ↩

  18. https://www.sec.gov/Archives/edgar/data/1353283/000110465924035563/tm249083d1_posam.htm ↩ ↩2