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.
Total revenue reached $1,188 million, up 21% year-over-year.
Subscription revenue increased to $1,132 million, a 33% year-over-year growth.
GAAP operating margin was (3)%, while non-GAAP operating margin was 23%.
Atlassian announced the general availability of Rovo, its newest AI-powered product.
Atlassian provided financial targets for the second quarter of fiscal year 2025 and the full fiscal year 2025.
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