$TEAM | 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