Strong Revenue Growth
Total revenue in Q1 grew 21% year-over-year to $1.4 billion, with cloud revenue growing 26% year-over-year to $998 million.
RPO Acceleration
Growth in Remaining Performance Obligations (RPO) accelerated to 42% year-over-year, reaching $3.3 billion.
AI-Driven Customer Engagement
Over 300,000 customers, including major companies like Databricks, Expedia, Ford, and Wells Fargo, rely on Atlassian's AI-enabled cloud platform. Monthly active users of AI capabilities increased by over 50% since last quarter.
Successful Cloud Migrations
Significantly stronger-than-expected cloud migrations from data centers were reported, driving a double-digit percentage increase in users and upgrades to higher value editions.
Expansion in Strategic Partnerships
Several strategic partnerships were signed to integrate Atlassian's platform with other offerings, enhancing customer workflows.