Atlassian Q2 FY24 revenue $1.06B, up 21% YoY; first $1B quarter; non-GAAP op margin 24%

Atlassian Corp

2024-Q2 EPS reported -$0.45 revenue$2,037,885,000

Revenue $1,060M (+21% YoY); subscription revenue $932M (+31% YoY).
GAAP net loss $84.5M ($0.33/sh); non-GAAP net income $189.5M ($0.73/sh).
Operating cash flow $290M, free cash flow $284M (27% margin).
Cloud ARR customers over $10K hit 42,864 (+18% YoY); total customers exceeded 300K.
Loom closed Nov 30, contributed ~$5M revenue; slightly dilutive to margins.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.97

Atlassian Corp reported second quarter ended December 31, 2023 results: revenue $1,060.1 million, net income Net loss was $84.5 million, EPS $0.33.

Period: second quarter ended December 31, 2023
Revenue: $1,060.1 million
Net income: Net loss was $84.5 million
EPS: $0.33
Result: reported results

Exact text from the filing

Quarterly revenue of $1,060 million, up 21% year-over-year

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Source: SEC EDGAR

accession 0001650372-24-000007

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