Core Insights - Atlassian reported $1.36 billion in revenue for the quarter ended March 2025, marking a year-over-year increase of 14.1% and an EPS of $0.97 compared to $0.89 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $1.35 billion, resulting in a surprise of +0.72%, while the EPS also surpassed expectations by +7.78% [1] Revenue Breakdown - Subscription revenue reached $1.27 billion, slightly above the average estimate of $1.26 billion, reflecting an 18.8% year-over-year increase [4] - Cloud revenue was reported at $880.43 million, exceeding the average estimate of $866.21 million, with a year-over-year growth of 25.2% [4] - Data Center revenue was $388.52 million, close to the estimated $389.56 million, showing a 6.7% increase from the previous year [4] - Other revenue totaled $83.84 million, below the average estimate of $85.84 million, indicating a year-over-year decline of 5% [4] - Marketplace and other revenues were reported at $87.77 million, also below the estimate of $90.75 million, reflecting a year-over-year decrease of 4.8% [4] Customer Metrics - Atlassian has 300,000 customers, which is below the two-analyst average estimate of 306,393 [4] Stock Performance - Atlassian shares have returned +1.9% over the past month, contrasting with the Zacks S&P 500 composite's -0.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Atlassian (TEAM) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates