Atlassian (TEAM) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

By Zacks Equity Research | May 01, 2025, 6:30 PM

Atlassian (TEAM) reported $1.36 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 14.1%. EPS of $0.97 for the same period compares to $0.89 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.35 billion, representing a surprise of +0.72%. The company delivered an EPS surprise of +7.78%, with the consensus EPS estimate being $0.90.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Atlassian performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Customers: 300,000 versus the two-analyst average estimate of 306,393.
  • Revenues- Subscription: $1.27 billion compared to the $1.26 billion average estimate based on eight analysts. The reported number represents a change of +18.8% year over year.
  • Revenues- Other: $83.84 million compared to the $85.84 million average estimate based on eight analysts. The reported number represents a change of -5% year over year.
  • Revenues- Cloud: $880.43 million compared to the $866.21 million average estimate based on seven analysts. The reported number represents a change of +25.2% year over year.
  • Revenues- Data Center: $388.52 million versus $389.56 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +6.7% change.
  • Revenues- Marketplace and other: $87.77 million versus the six-analyst average estimate of $90.75 million. The reported number represents a year-over-year change of -4.8%.
View all Key Company Metrics for Atlassian here>>>

Shares of Atlassian have returned +1.9% over the past month versus the Zacks S&P 500 composite's -0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report


 
Atlassian Corporation PLC (TEAM): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Mentioned In This Article

Latest News