Atlassian (TEAM) Surges as Customer Base Soars in FQ4, At Least Six Analyst Raise PTs on Accelerating Cloud Transition

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Atlassian Announces Fourth Quarter and Fiscal Year 2021 Results

July 29, 2021 4:02 PM EDT

Quarterly revenue of $560 million, up 30% year-over-year

Quarterly subscription revenue of $386 million, up 50% year-over-year

Quarterly IFRS operating margin of (1)% and non-IFRS operating margin of 17%

Quarterly cash flow from operations of $184 million and free cash flow of $164 million

TEAM, Anywhere/SAN FRANCISCO--(BUSINESS WIRE)-- Atlassian Corporation Plc (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced financial results for its fourth quarter and fiscal year ended June 30, 2021 and released a shareholder letter available... More