Atlassian Q2 FY23 revenue $873M (+27% YoY); GAAP net loss $205M; authorizes $1B buyback

Atlassian Corp

2023-Q2 EPS reported -$0.86 revenue$1,680,096,000

Revenue $872.7M, up 27% YoY; subscription revenue $711M (+40% YoY).
GAAP net loss $205.0M ($0.80 loss per share) includes $83.1M non-recurring tax charge.
Non-GAAP operating margin 20% vs 26% a year ago; non-GAAP EPS $0.45.
Cash from ops $150.5M (incl. $57M discrete tax payment); free cash flow $146.5M.
Board authorized $1B share repurchase program with no fixed expiration.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

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

Exact text from the filing

On a GAAP basis, Atlassian reported: • 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.

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

Atlassian Corp filing history →

Source: SEC EDGAR

accession 0001650372-23-000007

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.