Company: TEAM
Filing Date: 2025-08-15
Form Type: 10-K
Source: 0001650372-25-000036
Chunk: 146

Company: Atlassian Corp
Filing Date: 2025-08-15
Form: 10-K
Item: Item 8
Chunk 146
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 licensed for a specified period, and include support and maintenance services that are bundled with the license for the term of the license period. Marketplace and other offerings mainly include fees received for sales of third-party apps in the Atlassian Marketplace and services like premier support, advisory services, and training services. Premier support consists of subscription-based arrangements for a higher level of support across different deployment options, and revenues from this offering are included in Subscription revenues within the Company’s Consolidated Statements of Operations. The revenues from Server offerings consists of revenue from maintenance services since the Company no longer sells perpetual licenses for its Server offerings. The Company generally ended maintenance and support for these Server offerings in February 2024.The Company’s revenues by deployment options are as follows (in thousands): Fiscal Year Ended June 30, 202520242023Cloud$3,447,427 $2,698,899 $2,085,498 Data Center1,467,167 1,208,498 819,251 Server— 177,645 400,519 Marketplace and other300,710 273,561 229,379 Total revenues$5,215,304 $4,358,603 $3,534,647 

91

Deferred RevenueThe Company records deferred revenues when cash payments are received or due in advance of the Company satisfying its performance obligations, including amounts that are refundable. The changes in the deferred revenue are as follows (in thousands): Fiscal Year Ended June 30,20252024Balance, beginning of period$2,114,736 $1,545,479 Additions5,581,822 4,927,860 Revenue(5,215,304)(4,358,603)Balance, end of period$2,481,254 $2,114,736 For fiscal years 2025 and 2024, approximately 34% and 31% of revenue recognized was from the deferred revenue balances at the beginning of each fiscal year, respectively.Deferred Contract Acquisition CostsThe changes in the balances of deferred contract acquisition costs are as follows (in thousands):Fiscal Year Ended June 30,20252024Balance, beginning of period$79,711 $53,604 Additions96,869 51,326 Amortization expense(40,240)(25,219)Balance, end of period$136,340 $79,711 Deferred contract acquisition costs included in:Prepaid expenses and other