Atlassian Earnings Reports

Atlassian reported a total revenue of $1,286.5 million, a 21% increase year-over-year, with subscription revenue growing by 30%. The company's GAAP operating margin was (4)%, while the non-GAAP operating margin was 26%. Atlassian ended the quarter with $2.5 billion in cash and cash equivalents plus marketable securities.

Atlassian reported a solid start to fiscal year 2025, with revenue reaching $1,188 million, a 21% increase year-over-year. Subscription revenue grew by 33% year-over-year. The company continues to invest in key strategic priorities, including serving the enterprise, delivering AI innovation, and integrating technology and business teams.

Atlassian reported Q4 2024 revenue of $1,132 million, a 20% increase year-over-year, with subscription revenue up 34% to $1,069 million. The company's GAAP operating margin was (6)%, while non-GAAP operating margin was 20%. They generated $426 million in cash flow from operations and $413 million in free cash flow.

Atlassian reported Q3 2024 revenue of $1,189 million, a 30% increase year-over-year, driven by a 41% increase in subscription revenue. The company's free cash flow reached a record $555 million, up 59% year-over-year. Co-founder Scott Farquhar will step down as co-CEO effective August 31, 2024.

Atlassian reported a strong Q2 2024, achieving its first $1 billion revenue quarter. Revenue reached $1,060 million, a 21% increase year-over-year, driven by a 31% increase in subscription revenue. The company surpassed 300,000 customers and saw Jira Software cross $1 billion in Cloud ARR.

Atlassian reported a solid start to fiscal year 2024, with revenue reaching $978 million, a 21% increase year-over-year. Subscription revenue was a key driver, growing by 31% year-over-year. The company is focused on innovation, including AI-powered features and the acquisition of Loom, to enhance team collaboration.