Strong Cloud Revenue Growth
Cloud revenue grew by 25% year-over-year, contributing significantly to the total revenue of $1.4 billion in Q3.
Free Cash Flow Margin
Atlassian achieved a free cash flow margin of 47% for the quarter, indicating strong financial health and operational efficiency.
AI Integration and Adoption
The company has over 1.5 million monthly active users of AI across its platform, with significant customer interest in the Rovo AI capabilities.
Product and Platform Advancements
Introduced two new cloud offerings and achieved FedRAMP Moderate authorization for U.S. federal government customers, expanding the cloud platform capabilities.
Engineering Efficiency
Continued improvements in cloud infrastructure and support costs, achieving a gross margin of 86%.