Company: TEAM
Filing Date: 2025-08-15
Form Type: 10-K
Source: 0001650372-25-000036
Chunk: 144

Company: Atlassian Corp
Filing Date: 2025-08-15
Form: 10-K
Item: Item 8
Chunk 144
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 has contractual commitments for services with third-parties related to its cloud services platform, marketing related contracts and other services. These commitments are non-cancellable and expire within two to seven years. There were no material contractual commitments that were entered into during fiscal year 2025 that were outside the ordinary course of business.The following table sets forth contractual commitments as of June 30, 2025 and 2024 (in thousands):Fiscal Year Ended June 30,20252024Contractual purchase obligations$1,814,106 $1,415,724 Obligations for leases that have not yet commenced912,344 964,825 Total purchase obligation$2,726,450 $2,380,549 Maturities of purchase obligations as of June 30, 2025 were as follows (in thousands): Other contractualcommitmentsLeases not commencedTotalFiscal Years: 2026$473,895 $— $473,895 2027516,731 26,579 543,310 2028219,147 46,627 265,774 202979,333 48,492 127,825 2030140,000 50,431 190,431 Thereafter385,000 740,215 1,125,215 Total commitments$1,814,106 $912,344 $2,726,450 Please refer to Note 9, “Leases,” for discussion of lease commitments that the Company has entered but the leases have not yet commenced.Legal ProceedingsFrom time to time, the Company is party to litigation and other legal proceedings in the ordinary course of business. While the Company does not believe the ultimate resolutions of these pending legal matters are likely to have a material adverse effect on the Company’s financial position, the results of any litigation or other legal proceedings are uncertain and as such the resolution of such legal proceedings, either individually or in the aggregate, could have a material adverse effect on its business, results of operations, financial condition or cash flows. The Company accrues for loss contingencies when it is both probable that it will incur the loss and when it can reasonably estimate the amount of the loss or range of loss. For the periods presented, the Company has not recorded any liabilities as a result of the litigation or other legal proceedings in the consolidated financial statements. Indemnification ProvisionsThe Company’s agreements include provisions indemnifying customers against intellectual property and other third-party claims. In