Atlassian Corp

For the period ended Mar 31, 2024. Filed Apr 26, 2024.

About this filing

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.

Mar 31, 2024 · Filed Apr 26, 2024

TEAM$148.60-4.1%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations (Unaudited)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except per share data)

	Three Months Ended March 31,		Nine Months Ended March 31,
	2024	2023	2024	2023
Revenues:
Subscription	$1,071,355	$760,680	$2,855,518	$2,122,863
Maintenance	29,530	94,225	177,230	313,813
Other	88,243	60,548	194,265	158,873
Total revenues	1,189,128	915,453	3,227,013	2,595,549
Cost of revenues (1) (2)	213,425	168,652	585,990	463,989
Gross profit	975,703	746,801	2,641,023	2,131,560
Operating expenses:
Research and development (1) (2)	576,490	522,344	1,595,007	1,395,026
Marketing and sales (1) (2)	223,814	220,921	637,894	567,240
General and administrative (1)	157,595	165,103	458,249	464,127
Total operating expenses	957,899	908,368	2,691,150	2,426,393
Operating income (loss)	17,804	(161,567)	(50,127)	(294,833)
Other income (expense), net	(10,990)	(943)	(23,964)	21,597
Interest income	21,414	15,047	69,233	29,153
Interest expense	(8,453)	(7,978)	(26,430)	(21,607)
Income (loss) before provision for income taxes	19,775	(155,441)	(31,288)	(265,690)
Provision for income taxes	(7,023)	(53,596)	(72,312)	(162,119)
Net income (loss)	$12,752	$(209,037)	$(103,600)	$(427,809)
Net income (loss) per share attributable to Class A and Class B common stockholders:
Basic	$0.05	$(0.81)	$(0.40)	$(1.67)
Diluted	$0.05	$(0.81)	$(0.40)	$(1.67)
Weighted-average shares used in computing net income (loss) per share attributable to Class A and Class B common stockholders:
Basic	259,717	256,825	258,738	255,949
Diluted	261,778	256,825	258,738	255,949

(1) Amounts include stock-based compensation, as follows:

Cost of revenues	$17,840	$17,581	$53,874	$46,747
Research and development	190,322	167,994	528,587	447,465
Marketing and sales	33,383	36,571	103,832	97,922
General and administrative	40,974	41,281	121,652	110,709

(2) Amounts include amortization of acquired intangible assets, as follows:

Cost of revenues	$12,454	$5,696	$25,282	$17,090
Research and development	94	94	281	281
Marketing and sales	3,646	2,365	8,723	7,376

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.