---
schema_version: "secwatch.filing_event.v1"
accession: "0001650372-23-000005"
form_type: "8-K"
ticker: "TEAM"
cik: "0001650372"
company_name: "Atlassian Corp"
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T02:27:08.233733+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Atlassian Q2 revenue $873M (+27%), net loss $205M, announces $1B buyback

## Summary
- Revenue $873M (+27% YoY); subscription revenue $711M (+40% YoY).
- GAAP net loss $205M ($0.80 loss per diluted share) vs $22.3M loss YoY; includes $83.1M tax charge.
- Non-GAAP operating margin 20% (down from 26% YoY); non-GAAP EPS $0.45 (vs $0.43).
- Board authorized $1B share repurchase program with no fixed expiration.
- Macro headwinds pressure seat expansion and free-to-paid conversion; Jira Service Management surpasses 45,000 customers.

## SEC filing metadata
- accession: 0001650372-23-000005
- form_type: 8-K
- ticker: TEAM
- cik: 0001650372
- company_name: Atlassian Corp
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650372/000165037223000005/0001650372-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650372/000165037223000005/team-20230202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001650372-23-000005
- JSON: https://secwatch.observer/filing/0001650372-23-000005.json
- Plain text: https://secwatch.observer/filing/0001650372-23-000005.txt

## Key facts
- Earnings Releases
  Atlassian Corp reported the second quarter of fiscal year 2023 ended December 31, 2022 results: revenue $872.7 million, net income $205.0 million, EPS $0.80.
  - Period: the second quarter of fiscal year 2023 ended December 31, 2022
  - Revenue: $872.7 million
  - Net income: $205.0 million
  - EPS: $0.80
  - Result: reported results
  source text: • Revenue: Total revenue was $872.7 million for the second quarter of fiscal year 2023, up 27% from $688.5 million for the second quarter of fiscal year 2022. • Operating Income (Loss) and Operating Margin: Operating loss was $99.2 million for the second quarter of fiscal year 2023, compared with operating income of $23.0 million for the second quarter of fiscal year 2022. Operating margin was (11)% for the second quarter of fiscal year 2023, compared with 3% for the second quarter of fiscal year 2022. • Net Loss and Net Loss Per Diluted Share: Net loss was $205.0 million for the second quarter of fiscal year 2023, compared with a net loss of $22.3 million for the second quarter of fiscal year 2022. Net loss per diluted share was $0.80 for the second quarter of fiscal year 2023, compared with a net loss per diluted share of $0.09 for the second quarter of fiscal year 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650372/000165037223000005/0001650372-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.