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.
Total revenue reached $1,286.5 million, up 21% year-over-year.
Subscription revenue grew to $1,213 million, a 30% increase year-over-year.
GAAP operating margin was (4)%, and non-GAAP operating margin was 26%.
Ended the quarter with 49,449 customers with greater than $10,000 in Cloud ARR, a 15% year-over-year increase.
Atlassian is providing financial targets for the third quarter of fiscal year 2025 and fiscal year 2025.
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