Company: TEAM
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001650372-25-000068
Chunk: 0

Company: Atlassian Corp
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
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ITEM 1. Financial Statements

ATLASSIAN CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except par value and share data)

(Unaudited)

September 30, 2025June 30, 2025AssetsCurrent assets:Cash and cash equivalents$2,322,360 $2,512,874 Marketable securities456,040 424,268 Accounts receivable, net536,863 778,302 Prepaid expenses and other current assets311,857 175,793 Total current assets3,627,120 3,891,237 Non-current assets:Property and equipment, net99,711 105,118 Operating lease right-of-use assets134,610 169,127 Strategic investments204,066 221,942 Intangible assets, net235,890 244,840 Goodwill1,318,028 1,304,445 Deferred tax assets3,632 3,762 Other non-current assets97,443 101,499 Total assets$5,720,500 $6,041,970 Liabilities and Stockholders’ EquityCurrent liabilities:Accounts payable$195,313 $222,092 Accrued expenses and other current liabilities562,329 681,601 Deferred revenue, current portion2,064,083 2,227,002 Operating lease liabilities, current portion49,050 50,164 Total current liabilities2,870,775 3,180,859 Non-current liabilities:Deferred revenue, net of current portion217,073 254,252 Operating lease liabilities, net of current portion188,573 201,483 Long-term debt988,143 987,684 Deferred tax liabilities23,726 23,881 Other non-current liabilities53,274 48,157 Total liabilities4,341,564 4,696,316 Commitments and contingencies (Note 11)Stockholders’ equityClass A Common Stock, $0.00001 par value; 750,000,000 shares authorized, 167,247,629 and 165,949,196 issued and outstanding at September 30, 2025 and June 30, 2025, respectively 2 2 Class B Common Stock, 0.00001 par value; 230,000,000 shares authorized, 96,049,867 and 97,030,