$TEAM (Atlassian) — 8-K: Atlassian Q1 revenue $1,772 million, up 24% year-over-year, cloud up 31%

Total revenue rose 24% to $1,772 million from $1,433 million a year earlier, with cloud revenue of $1,302 million up 31% and subscription ARR of $6,812 million up 23%. Remaining performance obligations reached $4,746 million, up 44% year-over-year. GAAP operating margin expanded to 11% from negative 7%, with non-GAAP operating margin at 32% versus 23%. GAAP net income per diluted share was $0.35 versus a loss of $0.20, non-GAAP EPS was $1.65 versus $1.04, and free cash flow was $463 million.

Total revenue rose 24% to $1,772 million from $1,433 million a year earlier, with cloud revenue of $1,302 million up 31% and subscription ARR of $6,812 million up 23%. Remaining performance obligation