Atlassian Q3 FY2023 revenue $915.5M (+24% YoY); GAAP operating loss $161.6M, non-GAAP operating income $197.1M

Atlassian Corp

2023-Q3 EPS reported -$1.67 revenue$2,595,549,000

Revenue $915.5M (+24% YoY); subscription revenue $761M (+37% YoY).
GAAP operating loss $161.6M (margin -18%) incl. $97.8M restructuring; non-GAAP operating income $197.1M (22% margin).
GAAP net loss $0.81 per share; non-GAAP net income $0.54 per share; free cash flow $349.7M (38% margin).
Cash and marketable securities $2.0B; Marketplace lifetime sales surpassed $3B.
Introduced Atlassian Intelligence, virtual agents, Jira Product Discovery; restructured with ~500 layoffs.

item 2.02 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 third quarter of fiscal year 2023 results: revenue $915.5 million, net income $209.0 million, EPS $0.81.

Period: third quarter of fiscal year 2023
Revenue: $915.5 million
Net income: $209.0 million
EPS: $0.81
Result: reported results

Exact text from the filing

On a GAAP basis, Atlassian reported: • Revenue: Total revenue was $915.5 million for the third quarter of fiscal year 2023, up 24% from $740.5 million for the third quarter of fiscal year 2022. • Operating Income (Loss) and Operating Margin: Operating loss was $161.6 million for the third quarter of fiscal year 2023, compared with operating income of $32.9 million for the third quarter of fiscal year 2022. Operating margin was (18)% for the third quarter of fiscal year 2023, compared with 4% for the third quarter of fiscal year 2022. Operating loss for the third quarter of fiscal year 2023 includes restructuring charges associated with rebalancing resources and consolidating leases of $97.8 million which negatively impacted operating margin by 11%. • Net Income (Loss) and Net Income (Loss) Per Diluted Share: Net loss was $209.0 million for the third quarter of fiscal year 2023, compared with net income of $4.7 million for the third quarter of fiscal year 2022. Net loss per diluted shar

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 0001650372-23-000021

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.