Discontinued — last reported Q2 '24
Maintenance — Total revenues
Atlassian Maintenance — Total revenues decreased by 100.0% to $0.00 in Q2 2024 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $85.93M to $0.00. Over 3 years (FY 2021 to FY 2024), Maintenance — Total revenues shows a downward trend with a -30.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A decrease in this metric signals a successful migration of the customer base from legacy perpetual licenses to modern cloud subscription models. Conversely, a stable or increasing trend might suggest a slower-than-expected transition or a persistent demand for on-premise support.
Detailed definition
This metric represents the total revenue generated from annual maintenance contracts that provide customers with technic...
Peer comparison
Similar to legacy maintenance or support revenue streams seen in other software companies undergoing a cloud transformation, where this metric is expected to decline as the company sunsets older product delivery models.
team_segment_maintenance_total_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $130.74M | $130.59M | $127.06M | $120.33M | $117.10M | $113.57M | $106.02M | $94.23M | $85.93M | $78.60M | $69.10M | $29.53M | $0.00 |
| QoQ Change | — | -0.1% | -2.7% | -5.3% | -2.7% | -3.0% | -6.6% | -11.1% | -8.8% | -8.5% | -12.1% | -57.3% | -100.0% |
| YoY Change | — | — | — | — | -10.4% | -13.0% | -16.6% | -21.7% | -26.6% | -30.8% | -34.8% | -68.7% | -100.0% |
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Frequently Asked Questions
- What is Atlassian's maintenance — total revenues?
- Atlassian (TEAM) reported maintenance — total revenues of $0.00 in Q2 2024.
- How has Atlassian's maintenance — total revenues changed year-over-year?
- Atlassian's maintenance — total revenues decreased by 100.0% year-over-year, from $85.93M to $0.00.
- What is the long-term trend for Atlassian's maintenance — total revenues?
- Over 3 years (2021 to 2024), Atlassian's maintenance — total revenues has grown at a -30.3% compound annual growth rate (CAGR), from $522.97M to $177.23M.
- What does maintenance — total revenues mean?
- Revenue earned from providing ongoing support and updates for legacy perpetual software licenses.