🔹 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.
