{"schema_version":"secwatch.filing_event.v1","accession":"0001650372-24-000013","form_type":"8-K","ticker":"TEAM","cik":"0001650372","company_name":"Atlassian Corp","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.427080+00:00","generated_at":"2026-06-03T08:03:39.322652+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Atlassian Q3 revenue $1.19B, +30% YoY; co-CEO Farquhar to step down Aug 31","bullets":["Q3 FY24 revenue $1,189M (+30% YoY); subscription revenue $1,071M (+41% YoY).","Non-GAAP EPS $0.89 (vs $0.54); free cash flow $555M (+59% YoY).","Co-founder Scott Farquhar to step down as co-CEO Aug 31; remains on board and as special advisor. Mike Cannon-Brookes becomes sole CEO.","Cloud-majority milestone: 300,000+ cloud customers; 3x increase in paid cloud seats since Server EOS announcement."],"urls":{"canonical":"https://secwatch.observer/filing/0001650372-24-000013","json":"https://secwatch.observer/filing/0001650372-24-000013.json","markdown":"https://secwatch.observer/filing/0001650372-24-000013.md","text":"https://secwatch.observer/filing/0001650372-24-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650372/000165037224000013/0001650372-24-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650372/000165037224000013/team-20240425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:03:39.322652+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4b4de331e4add14144c8bef4144813756e838ccf","claim":"Atlassian Corp reported third quarter ended March 31, 2024 results: revenue $1,189.1 million, net income $12.8 million, EPS $0.05.","evidence_excerpt":"set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Atlassian Announces Third Quarter Fiscal Year 2024 Results and CEO Transition Quarterly revenue of $1,189 million, up 30% year-over-year Quarterly subscription revenue of $1,071 million, up 41% year-over-year Quarterly GAAP operating margin of 1% and non-GAAP operating margin of 27%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650372/000165037224000013/0001650372-24-000013-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended March 31, 2024"},{"label":"Revenue","value":"$1,189.1 million"},{"label":"Net income","value":"$12.8 million"},{"label":"EPS","value":"$0.05"},{"label":"Result","value":"reported results"}]},{"claim_id":"95e2b11bb3","claim":"Scott Farquhar departed as Co-Chief Executive Officer at Atlassian Corp.","evidence_excerpt":"On April 25, 2024, Scott Farquhar, the Company’s Co-Founder, Co-Chief Executive Officer and director, announced that he will step down from his role as Co-Chief Executive Officer, effective as of August 31, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650372/000165037224000013/0001650372-24-000013-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"step down"},{"label":"Role","value":"Co-Chief Executive Officer"}]},{"claim_id":"ea309cf258","claim":"Mike Cannon-Brookes changed role as Chief Executive Officer at Atlassian Corp.","evidence_excerpt":"At that time, Mike Cannon-Brookes, the Company’s Co-Founder, Co-Chief Executive Officer and director will continue as the Company’s Chief Executive Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650372/000165037224000013/0001650372-24-000013-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"continue as"},{"label":"Role","value":"Chief Executive Officer"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}