NASDAQ$TEAM
Atlassian Corp PLC A · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
Atlassian's Q4 2024 financial results were announced, demonstrating revenue growth and strategic advancements.
Atlassian reported Q4 2024 revenue of $1,132 million, a 20% increase year-over-year, with subscription revenue up 34% to $1,069 million. The company's GAAP operating margin was (6)%, while non-GAAP operating margin was 20%. They generated $426 million in cash flow from operations and $413 million in free cash flow.
- Total revenue reached $1,132 million, up 20% year-over-year.
- Subscription revenue increased by 34% year-over-year, totaling $1,069 million.
- GAAP operating margin was (6)%, and non-GAAP operating margin was 20%.
- Free cash flow was $413 million, with a free cash flow margin of 37%.
Headline financials
Revenue & EPS history
Atlassian · Revenue · Quarterly
$1.13B
Revenue by segment
Atlassian · $535M total across 1 segment · Q3 2023
- Cloud$535M+33.9%100.0%
Forward guidance
Atlassian anticipates total revenue between $1,149 million and $1,157 million for Q1 2025. They expect cloud revenue growth of approximately 27.0%, data center revenue growth of approximately 35.0%, and other revenue growth of approximately 13.0%.
Tailwinds
- Total revenue is expected to be in the range of $1,149 million to $1,157 million.
- Cloud revenue growth year-over-year is expected to be approximately 27.0%.
- Data Center revenue growth year-over-year is expected to be approximately 35.0%.
- Other revenue growth year-over-year is expected to be approximately 13.0%.
- Gross margin is expected to be approximately 81.0% on a GAAP basis and approximately 83.5% on a non-GAAP basis.
Headwinds
- Operating margin is expected to be approximately (7.0%) on a GAAP basis.
- Operating margin is expected to be approximately 19.0% on a non-GAAP basis.
- Total revenue growth year-over-year is expected to be approximately 16.0% for fiscal year 2025.
- Cloud revenue growth year-over-year is expected to be approximately 23.0% for fiscal year 2025.
- Data Center revenue growth year-over-year is expected to be approximately 20.0% for fiscal year 2025.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.4%
Avg return
Earnings day
+1.1%
Avg return
5 days after
+5.6%
Avg return
30 days after
46%
19 / 41 earnings
Positive
+26.0%
Q1 2018
Best reaction
-28.2%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +5.5% | +29.5% | +56.9% | |
| Q2 2026 | -3.7% | -11.6% | -15.0% | |
| Q1 2026 | +9.5% | +0.5% | -6.9% | |
| Q3 2025 | -9.2% | -10.2% | -9.4% | |
| Q2 2025 | +14.9% | +20.2% | +6.5% | |
| Q1 2025 | +17.8% | +16.4% | +38.4% | |
| Q4 2024 | -18.6% | -20.8% | -6.2% | |
| Q3 2024 | -9.8% | -13.4% | -15.1% | |
| Q2 2024 | -13.0% | -15.4% | -16.2% | |
| Q1 2024 | -0.5% | +0.6% | +9.7% | |
| Q4 2023 | +17.2% | +15.6% | +20.5% | |
| Q3 2023 | -6.5% | -8.3% | +26.7% | |
| Q2 2023 | -0.6% | +6.4% | +4.2% | |
| Q1 2023 | -28.2% | -28.8% | -18.2% | |
| Q4 2022 | +19.3% | +23.9% | +3.2% | |
| Q3 2022 | -7.7% | -8.3% | -24.2% | |
| Q2 2022 | +8.9% | +11.2% | +4.1% | |
| Q1 2022 | +11.0% | +9.1% | -5.2% | |
| Q4 2021 | +20.8% | +22.4% | +33.2% | |
| Q3 2021 | +0.7% | -4.6% | -1.1% | |
| Q2 2021 | +6.4% | +14.5% | +9.4% | |
| Q1 2021 | -8.3% | -12.8% | +7.2% | |
| Q4 2020 | -5.6% | -5.2% | +2.8% | |
| Q3 2020 | +1.2% | +11.0% | +21.3% | |
| Q2 2020 | +11.7% | +13.5% | +11.0% | |
| Q1 2020 | -6.0% | -11.4% | -1.2% | |
| Q4 2019 | +7.9% | +1.2% | +4.2% | |
| Q3 2019 | -9.8% | -8.2% | +14.3% | |
| Q2 2019 | -3.9% | -3.1% | +11.2% | |
| Q1 2019 | -16.1% | -13.4% | -9.2% | |
| Q4 2018 | +10.1% | +8.0% | +28.4% | |
| Q3 2018 | -6.2% | -7.8% | +2.1% | |
| Q2 2018 | -3.3% | -1.7% | -3.0% | |
| Q1 2018 | +26.0% | +23.8% | +31.5% | |
| Q4 2017 | -4.4% | -6.6% | -10.8% | |
| Q3 2017 | +5.1% | +6.5% | +8.4% | |
| Q2 2017 | +3.1% | +2.7% | +9.9% | |
| Q1 2017 | -5.5% | -5.5% | -4.7% | |
| Q4 2016 | +7.3% | +2.9% | +1.0% | |
| Q3 2016 | -6.2% | — | — | |
| Q2 2016 | -15.1% | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2014 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro