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🔹 Total Revenue: $1.36 B (Est. $1.29 B) 🟢; +14 % YoY

🔹 Non-GAAP EPS: $0.97 (Est. $0.78) 🟢

🔹 Subscription Revenue: $1.27 B; +19 % YoY

🔹 Cloud Revenue Growth: +25 % YoY

🔹 Non-GAAP Operating Income: $348 M;

🔹 Free Cash Flow: $638 M; FCF margin 47 %

🔹 Cash & Marketable Securities: $3.0 B

Q4'25 Guidance

🔹 Total Revenue: $1.349 B – $1.359 =B

🔹 Cloud Revenue Growth YoY: ≈ 23 %

🔹 Data Center Revenue Growth YoY: ≈ 16.5 %

🔹 Marketplace & Other Revenue Growth YoY: ≈ flat

🔹 Non-GAAP Gross Margin: ≈ 84.5 %

🔹 Non-GAAP Operating Margin: ≈ 22 %

Operational & Customer Metrics

🔹 Customers with >$10 K Cloud ARR: 50,715; +14 % YoY

🔹 Cash Flow from Operations: $653 M

Strategic / Product Updates

Team ’25 launches:

🔸 Rovo for All – AI search, chat & agents now included in Premium/Enterprise tiers of Jira, Confluence & Jira Service Management

🔸 Teamwork Collection (Jira + Confluence + Loom + Rovo agents) to cut context-switching

🔸 Strategy Collection (Focus, Talent, Jira Align) for enterprise planning

🔸 Customer Service Management – AI-powered support app

🔸 Expanded Cloud Offerings: FedRAMP-authorized Government Cloud & new Isolated Cloud option

🔸 Williams Racing F1 partnership as official title & technology partner

Management Commentary

🔸 CEO Mike Cannon-Brookes: Long-term Cloud platform investments are “advancing the Atlassian System of Work” and placing AI at the center of human-AI collaboration.

🔸 CFO Joe Binz: Committed to “balancing operational discipline with focused investment” in enterprise, AI, and the platform.

Recognition & Governance

🔸 Named to Fortune “100 Best Companies to Work For” (7th straight year)

🔸 Karen Dykstra (ex-VMware/AOL CFO) appointed to Board to bolster enterprise expansion.

$TEAM (+0%) | Atlassian Q1'25 Earnings Highlights:

🔹 Adj EPS: $0.77 (Est. $0.54) 🟢

🔹 Revenue: $1.19B (Est. $966.1M) 🟢; UP +21% YoY

🔸 New $1.5B share repurchase program approved

Q2 FY25 Guidance:

🔹 Revenue: $1.233B-$1.241B (Est. $1.232B) 🟢

🔹 Cloud Revenue Growth YoY: ~25.5%

🔹 GAAP Operating Margin: ~ (10%); Non-GAAP Operating Margin: ~21%

FY25 Full-Year Guidance:

🔹 Revenue Growth YoY: 16.5%-17.0%

🔹 Cloud Revenue Growth YoY: ~24.0%

🔹 GAAP Operating Margin: (5.5%)-(5.0%); Non-GAAP Operating Margin: 22%-22.5%

Other Q1 Metrics:

🔹 Subscription Revenue: $1.13B; UP +33% YoY

🔹 GAAP Operating Margin: (3%); Non-GAAP Operating Margin: 23%

🔹 Free Cash Flow: $74M; Free Cash Flow Margin: 6%

Strategic & Operational Highlights:

 🔸 Launched AI-powered Rovo for enterprise knowledge-sharing

🔸 Introduced Atlassian Focus for aligning organizational goals