Company: TEAM
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001650372-25-000022
Chunk: 362

Company: Atlassian Corp
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 2
Chunk 362
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$201,521 19 %Other83,840 117,773 (33,933)(29)Total revenues$1,356,716 $1,189,128 $167,588 14 %

Total revenues increased $167.6 million, or 14%, in the three months ended March 31, 2025 compared to the three months ended March 31, 2024. Growth in total revenues was primarily attributable to increased demand for our products from existing customers. Of total revenues recognized in the three months ended March 31, 2025, over 90% were attributable to sales to customer accounts existing on or before December 31, 2024.

Subscription revenues increased $201.5 million, or 19%, in the three months ended March 31, 2025 compared to the three months ended March 31, 2024. The increase in subscription revenues was primarily attributable to paid seat expansion from our existing customers and price increases.

Other revenues decreased $33.9 million, or 29%, in the three months ended March 31, 2025 compared to the three months ended March 31, 2024. The decrease in other revenues was primarily attributable to a decrease of $27.8 million in maintenance revenue due to the end of support for our Server offerings.

Total revenues by deployment options were as follows: Three Months Ended March 31,(in thousands, except percentage data)20252024$ Change% ChangeCloud$880,429 $703,036 $177,393 25 %Data Center388,516 364,134 24,382 7 Server— 29,720 (29,720)(100)Marketplace and other87,771 92,238 (4,467)(5)Total revenues$1,356,716 $1,189,128 $167,588 14 %

Total revenues by geography were as follows: Three Months Ended March 31,(in thousands, except percentage data)20252024$ Change% ChangeAmericas$637,316 $564,387 $72,929 13 %EMEA571,553 500,005 71,548 14 Asia Pacific147,847 124,736 23,111 19 Total revenues$1,356,716 $1,189,128 $167,588 14 %

Cost of Revenues  Three Months Ended March