Company: TEAM
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001650372-25-000022
Chunk: 58

Company: Atlassian Corp
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 3
Chunk 58
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 competitors;

•the amount and timing of operating costs and capital expenditures related to the operations and expansion of our business;

•significant security breaches, technical difficulties, or interruptions to our products or the third-party products on which we rely;

•our increased focus on our Cloud offerings, including customer migrations to our Cloud platform;

•our ability to incorporate artificial intelligence solutions and features into our products, platform and business;

•the number of new employees added or, conversely, any reductions in force;

•changes in foreign currency exchange rates or adding additional currencies in which our sales are denominated;

•the amount and timing of acquisitions or other strategic transactions;

•extraordinary expenses such as litigation, tax settlements, adverse audit rulings or other dispute-related settlement payments;

•general economic conditions, including inflationary pressures and interest rate policy, that may adversely affect either our customers’ ability or willingness to purchase additional licenses, subscriptions, delay a prospective customer’s purchasing decisions, reduce the value of new license or subscription, or affect customer retention;

•the impact of U.S. and international political and social unrest, changes in trade policies, armed conflict, natural disasters, climate change, diseases and pandemics, and any associated economic downturn, on our results of operations and financial performance;

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•seasonality in our sales cycle and other operations;

•the impact of new accounting pronouncements and associated system implementations; and

•the timing of the grant or vesting of equity awards to employees, contractors, or directors.

Many of these factors are outside of our control, and the occurrence of one or more of them might cause our revenue, results of operations, and cash flows to vary widely. As such, we believe that quarter-to-quarter comparisons of our revenue, results of operations, and cash flows may not be meaningful and should not be relied upon as an indication of future performance.

Our development of and use of generative AI and machine learning in our products, platform, and business, as well as our potential failure to effectively implement, use, and market these technologies, may result in reputational harm or liability, or could otherwise adversely affect our business.

We are building and incorporating AI and machine learning solutions, products and features, including generative AI solutions, products and features, into our products, platform, and business, which act on data-driven insights derived from both first and third-party applications. We expect AI and machine learning solutions, products and features to become more important to our operations or to our future growth over time. There can be no assurance that the use of