---
schema_version: "secwatch.filing_event.v1"
accession: "0001650372-23-000021"
form_type: "8-K"
ticker: "TEAM"
cik: "0001650372"
company_name: "Atlassian Corp"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:14:09.723371+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001650372-23-000021
- form_type: 8-K
- ticker: TEAM
- cik: 0001650372
- company_name: Atlassian Corp
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650372/000165037223000021/0001650372-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650372/000165037223000021/team-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001650372-23-000021
- JSON: https://secwatch.observer/filing/0001650372-23-000021.json
- Plain text: https://secwatch.observer/filing/0001650372-23-000021.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650372/000165037223000021/0001650372-23-000021-index.htm

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