Atlassian Corp
For the period ended Dec 31, 2023. Filed Feb 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Feb 2, 2024
TEAM$148.60-4.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
| Three Months Ended December 31, | Six Months Ended December 31, | |||
|---|---|---|---|---|
| 2023 | 2022 | 2023 | 2022 | |
| Revenues: | ||||
| Subscription | $932,181 | $711,199 | $1,784,163 | $1,362,183 |
| Maintenance | 69,102 | 106,023 | 147,700 | 219,588 |
| Other | 58,827 | 55,482 | 106,022 | 98,325 |
| Total revenues | 1,060,110 | 872,704 | 2,037,885 | 1,680,096 |
| Cost of revenues (1) (2) | 194,536 | 155,945 | 372,565 | 295,337 |
| Gross profit | 865,574 | 716,759 | 1,665,320 | 1,384,759 |
| Operating expenses: | ||||
| Research and development (1) (2) | 536,779 | 473,676 | 1,018,517 | 872,682 |
| Marketing and sales (1) (2) | 220,513 | 186,191 | 414,080 | 346,319 |
| General and administrative (1) | 157,344 | 156,131 | 300,654 | 299,024 |
| Total operating expenses | 914,636 | 815,998 | 1,733,251 | 1,518,025 |
| Operating loss | (49,062) | (99,239) | (67,931) | (133,266) |
| Other income (expense), net | (4,639) | (6,749) | (12,974) | 22,540 |
| Interest income | 22,593 | 8,963 | 47,819 | 14,106 |
| Interest expense | (9,001) | (7,508) | (17,977) | (13,629) |
| Loss before provision for income taxes | (40,109) | (104,533) | (51,063) | (110,249) |
| Provision for income taxes | (44,360) | (100,498) | (65,289) | (108,523) |
| Net loss | $(84,469) | $(205,031) | $(116,352) | $(218,772) |
| Net loss per share attributable to Class A and Class B common stockholders: | ||||
| Basic | $(0.33) | $(0.80) | $(0.45) | $(0.86) |
| Diluted | $(0.33) | $(0.80) | $(0.45) | $(0.86) |
| Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders: | ||||
| Basic | 258,601 | 255,874 | 258,254 | 255,520 |
| Diluted | 258,601 | 255,874 | 258,254 | 255,520 |
(1) Amounts include stock-based compensation, as follows:
| Cost of revenues | $19,213 | $18,553 | $36,034 | $29,166 |
|---|---|---|---|---|
| Research and development | 187,819 | 169,342 | 338,265 | 279,471 |
| Marketing and sales | 38,168 | 38,156 | 70,449 | 61,351 |
| General and administrative | 44,645 | 39,734 | 80,678 | 69,428 |
(2) Amounts include amortization of acquired intangible assets, as follows:
| Cost of revenues | $7,056 | $5,697 | $12,828 | $11,394 |
|---|---|---|---|---|
| Research and development | 93 | 93 | 187 | 187 |
| Marketing and sales | 2,712 | 2,506 | 5,077 | 5,011 |
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