🔹 Adj. EPS: $0.96 (Est. $0.89) 🟢
🔹 Revenue: $1.29B (Est. $1.26B) 🟢; UP +21% YoY
🔹 Subscription Revenue: $1.21B (Est. $1.28B) 🔴; UP +30% YoY
🔹 Gross Margin: 82.8% (Est. 83.16%) 🟡
Q3 FY25 Outlook:
🔹 Revenue: $1.35B-$1.36B (Est. $1.31B) 🟢
🔹 Cloud Revenue Growth: ~23.5% YoY
🔹 Data Center Revenue Growth: ~7.0% YoY
🔹 Marketplace & Other Revenue Growth: Flat
Profitability & Margins:
🔹 Operating Loss: -$57.5M
🔹 Operating Margin: -4% (Est. -3%) 🔴
🔹 Adj. Operating Income: $335.1M (Est. $311.13M) 🟢
🔹 Adj. Operating Margin: 26% (Est. 23.5%) 🟢
🔹 Net Loss: -$38.2M (Est. $236.7M) 🔴
🔹 Adj. Net Income: $255.6M (Est. $236.7M) 🟢
Cash Flow & Liquidity:
🔹 Operating Cash Flow: $351.9M (Est. $455.6M) 🔴
🔹 Free Cash Flow: $342.6M (Est. $435.39M) 🔴
🔹 Cash & Cash Equivalents: $2.5B
Strategic & Business Highlights:
🔸 Named a Leader in the Forrester Wave™ for Knowledge Management Solutions, Q4 2024
🔸 Recognized in Gartner Magic Quadrant for Marketing Work Management Platforms
🔸 Expanded strategic partnership with Amazon Web Services (AWS) for cloud and AI advancements
🔸 Increased Confluence Cloud scalability to support up to 150,000 users per site
🔸 Ended Q2 with 49,449 enterprise cloud customers, UP +15% YoY
🔸 Ranked #1 on Fortune’s The Future 50 List for 2024
CEO & CFO Commentary:
🔸 CEO Mike Cannon-Brookes: "The Atlassian System of Work is resonating with enterprises globally. By infusing AI across our cloud platform, we are unlocking organizational knowledge and accelerating collaboration."
🔸 CFO Joe Binz: "Strong execution in enterprise sales drove better-than-expected revenue growth in both Cloud and Data Center, reinforcing our confidence in long-term durable growth."