Quarterly guidance

Q3 Revenue
$756 million to $761 million
Q3 Non-GAAP Operating Income
$152 million to $156 million
Q3 Non-GAAP Net Income per share
$1.57 to $1.61

Annual guidance

Full-Year Revenue
$2.99 billion to $3.03 billion
Full-Year Non-GAAP Operating Income
$616 million to $636 million
Full-Year Non-GAAP Net Income per share
$6.39 to $6.58

Outlook

Atlas Growth
Management expects Atlas growth of approximately 26% in Q3 and 27% for the full year.
EA and Other Revenue
Full-year expectations were raised to approximately 11% growth, with mid-single-digit growth expected in Q3.
Operating Margin
The company expects to expand operating margin by approximately 250 basis points for the full year.
AI Demand
Management sees early but strong traction with AI workloads and expects this to be a durable growth driver.
Enterprise Customers
Growth is expected to continue being driven by large enterprise customers, particularly in the $100,000-plus ARR cohort.
Cash Flow
Full-year free cash flow conversion is targeted at the upper end of the 80% to 100% range.