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Atlassian Corp
TEAMCIK 0001650372NasdaqLarge AcceleratedServices-Prepackaged SoftwareFY ends Jun 30
Period
FY 2025
Revenue
$5.22B
Net Income
$-256.69M
Total Assets
$6.04B
Equity
$1.35B
Shares Out
—
Op. Cash Flow
$1.46B
Business
Atlassian Corp provides team collaboration software that connects teams through a cloud-based system of work to unlock productivity at scale. It offers interconnected apps, AI agents, and Collections, including Jira, Confluence, Jira Service Management, Bitbucket and Rovo, to plan, track, share knowledge, manage code, and automate workflows. Key business segments include cloud apps, Data Center products, AI and platform services (Atlassian Cloud Platform and the Teamwork Graph), and the Atlassian Marketplace/Forge developer ecosystem. Products are distributed globally via self-service web sales, direct enterprise sales, and channel partners across industries and over 200 countries.
Summary from filing dated 2025-08-15
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Total revenues | 5,215 | 4,359 | 3,535 | 2,803 | 2,089 | |
| Cost of revenues | 895 | 803 | 634 | — | — | |
| Gross profit | 4,320 | 3,555 | 2,901 | 2,350 | 1,757 | |
| Research and development | 2,669 | 2,184 | 1,870 | 1,292 | 933 | |
| Marketing and sales | 1,135 | 877 | 770 | 536 | 372 | |
| General and administrative | 647 | 611 | 606 | 452 | 311 | |
| Total operating expenses | 4,451 | 3,672 | 3,246 | 2,280 | 1,616 | |
| Operating loss | −130 | −117 | −345 | 70 | 141 | |
| Other income (expense), net | −50 | −31 | 15 | −502 | −570 | |
| Interest income | 112 | 97 | 50 | 2 | 7 | |
| Interest expense | −31 | −34 | −30 | −41 | — | |
| Loss before provision for income taxes | −99 | −85 | −311 | −471 | −514 | |
| Provision for income taxes | −158 | −215 | −176 | −49 | −65 | |
| Net loss | −257 | −301 | −487 | −520 | −579 | |
| Basic (in dollars per share) | −0.98 | −1.16 | −1.9 | −2.05 | −2.32 | |
| Diluted (in dollars per share) | −0.98 | −1.16 | −1.9 | −2.05 | −2.32 | |
| Basic (in shares) | 262 | 259 | 256 | 253 | 250 | |
| Diluted (in shares) | 262 | 259 | 256 | 253 | 250 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 2,513 | 2,177 | 2,103 | 1,385 | 919 | |
| Marketable securities | 424 | 162 | 10 | 73 | — | |
| Accounts receivable, net | 778 | 628 | 478 | 308 | — | |
| Prepaid expenses and other current assets | 176 | 109 | 146 | 70 | — | |
| Total current assets | 3,891 | 3,076 | 2,736 | 1,897 | — | |
| Property and equipment, net | 105 | 86 | 81 | 101 | — | |
| Operating lease right-of-use assets | 169 | 172 | 184 | 277 | — | |
| Strategic investments | 222 | 223 | 226 | 159 | — | |
| Intangible assets, net | 245 | 299 | 69 | 101 | — | |
| Goodwill | 1,304 | 1,289 | 727 | 723 | 716 | |
| Deferred tax assets | 4 | 4 | 10 | 10 | — | |
| Other non-current assets | 101 | 62 | 73 | 59 | — | |
| Total assets | 6,042 | 5,212 | 4,107 | 3,327 | — | |
| Accounts payable | 222 | 178 | 159 | 81 | — | |
| Accrued expenses and other current liabilities | 682 | 577 | 423 | 406 | — | |
| Deferred revenue, current portion | 2,227 | 1,806 | 1,363 | 1,066 | — | |
| Operating lease liabilities, current portion | 50 | 49 | 45 | 41 | — | |
| Total current liabilities | 3,181 | 2,610 | 2,028 | 1,594 | — | |
| Deferred revenue, net of current portion | 254 | 308 | 183 | 117 | — | |
| Operating lease liabilities, net of current portion | 201 | 214 | 238 | 274 | — | |
| Long-term debt | 988 | 986 | 962 | 999 | — | |
| Deferred tax liabilities | 24 | 20 | 11 | 312,000 | — | |
| Other non-current liabilities | 48 | 40 | 31 | 15 | — | |
| Total liabilities | 4,696 | 4,179 | 3,452 | 2,999 | — | |
| Commitments and contingencies (Note 11) | — | — | — | — | — | |
| Additional paid-in capital | 5,574 | 4,212 | 3,131 | 2,183 | — | |
| Accumulated other comprehensive income (loss) | 13 | 25 | 34 | 14 | — | |
| Accumulated deficit | −4,242 | −3,205 | −2,510 | −1,869 | — | |
| Total stockholders equity | 1,346 | 1,033 | 655 | 327 | 313 | |
| Total liabilities and stockholders equity | 6,042 | 5,212 | 4,107 | 3,327 | — |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 92 | 79 | 61 | 52 | 56 | |
| Stock-based compensation | 1,362 | 1,081 | 948 | 525 | 341 | |
| Impairment charges for leases and leasehold improvements | 0 | 0 | 61 | 0 | 8 | |
| Deferred income taxes | 4 | 119,000 | 11 | — | — | |
| Gain on a non-cash sale of a controlling interest of a subsidiary | 0 | −1 | −45 | 0 | 0 | |
| Amortization of interest rate swap contracts | −26 | −4 | 0 | 0 | — | |
| Net loss on strategic investments | 23 | 13 | 19 | 73 | −48 | |
| Net foreign currency loss (gain) | −2 | 2 | −11 | −12 | 8 | |
| Other | −532,000 | 1 | 2 | 646,000 | 1 | |
| Accounts receivable, net | −150 | −148 | −170 | −135 | −61 | |
| Prepaid expenses and other assets | −85 | −3 | −38 | −22 | −10 | |
| Accounts payable | 43 | 18 | 79 | 32 | 10 | |
| Accrued expenses and other liabilities | 91 | 158 | 75 | 93 | 76 | |
| Deferred revenue | 366 | 552 | 363 | 285 | 294 | |
| Net cash provided by operating activities | 1,460 | 1,448 | 868 | 821 | 790 | |
| Business combinations, net of cash acquired | −14 | −848 | −6 | −19 | −92 | |
| Purchases of property and equipment | −45 | −33 | −26 | −71 | −32 | |
| Purchases of strategic investments | −27 | −14 | −19 | −112 | −10 | |
| Purchases of marketable securities | −412 | −249 | −25 | −21 | −109 | |
| Proceeds from maturities of marketable securities | 145 | 117 | 74 | 77 | 455 | |
| Proceeds from sales of marketable securities | 6 | 42 | 0 | 186 | 49 | |
| Proceeds from sales of strategic investments | 5 | 22 | 629,000 | — | — | |
| Net cash used in investing activities | −342 | −964 | −1 | 37 | 259 | |
| Repayment of Term Loan | 0 | −1,000 | 0 | — | — | |
| Proceeds from issuance of debt, net of issuance cost | 0 | 987 | 0 | 0 | — | |
| Repurchases of Class A Common Stock | −779 | −395 | −150 | 0 | 0 | |
| Other | −3 | 0 | 2 | 14 | 1 | |
| Net cash used in financing activities | −783 | −408 | −148 | −399 | −1,603 | |
| Effect of foreign exchange rate changes on cash and cash equivalents | 151,000 | −2 | −2 | −9 | 5 | |
| Net increase in cash, cash equivalents, and restricted cash | 336 | 74 | 717 | 449 | −549 | |
| Net decrease in cash and cash equivalents included in assets held for sale | 0 | 0 | 602,000 | 7 | −9 | |
| Income taxes paid, net of refunds | 180 | 254 | 102 | 67 | 50 | |
| Interest paid | 54 | 61 | 46 | 10 | 6 | |
| Received from interest rate swap contracts | 0 | −66 | −18 | 3 | — | |
| Purchase of property and equipment included in accrued expenses and other current liabilities | 11 | 1 | 844,000 | 11 | 2 | |
| Repurchases of Class A Common Stock included in accrued expenses and other current liabilities | 4 | 3 | 4 | 0 | 0 | |
| Debt issuance costs included in accrued expenses and other current liabilities | 0 | 1 | 0 | 0 | — |
Filings
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Holdings (13F)
Portfolio as of 2026-01-14 · 1 positions
Reported AUM
$33.44M
Holdings
1
Top sector
$33.44M
Top sectors
| Sector | Value | % of portfolio |
|---|---|---|
| Uncategorized | $33.44M | 100.0% |
Top holdings
| Issuer | Ticker | Shares | Value | % |
|---|---|---|---|---|
| ZOOM VIDEO COMMUNICATIONS IN | — | 285.3K | $33.44M | 100.0% |