secwatch.observer — SEC 8-K summary
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Issuer:     Atlassian Corp (TEAM)
CIK:        0001650372
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001650372-23-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650372/000165037223000021/0001650372-23-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650372/000165037223000021/team-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001650372-23-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer