Atlassian's shares surged nearly 16% after fiscal year 2025 Q1 earnings beat analysts' estimates.
Adjusted earnings per share were $0.77, beating expectations of $0.54. Revenue reached $1.188 billion, surpassing the estimated $966.11 million.
Subscription revenue grew 33% YoY to $1.132 billion. Cloud revenue was up 31%, data center revenue rose 38%, and marketplace and other revenue increased 16%.
Atlassian announced acquisitions, introduced new products, and expanded premium offerings, aiming to serve enterprise customers and enhance organizational alignment.