Company: TEAM
Filing Date: 2025-08-15
Form Type: 10-K
Source: 0001650372-25-000036
Chunk: 98

Company: Atlassian Corp
Filing Date: 2025-08-15
Form: 10-K
Item: Item 7
Chunk 98
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,604 $3,924,389 $1,006,215 26 %Other284,700 434,214 (149,514)(34)Total revenues$5,215,304 $4,358,603 $856,701 20 %

Total revenues increased $856.7 million, or 20%, in fiscal year 2025 compared to fiscal year 2024. Growth in total revenues was primarily attributable to increased demand for our offerings from existing customers. Of total revenues recognized in fiscal year 2025, over 90% was attributable to sales to customer accounts existing on or before June 30, 2024.

Subscription revenues increased $1.0 billion, or 26%, in fiscal year 2025 compared to fiscal year 2024. The increase in subscription revenues was primarily attributable to paid seat expansion from our existing customers and price increases.

Other revenues decreased $149.5 million, or 34%, in fiscal year 2025 compared to fiscal year 2024. The decrease in other revenues was primarily attributable to a decrease of $171.9 million in maintenance revenue due to the end of support from our Server offerings in fiscal year 2024.

Total revenues by deployment options were as follows:

 54 

 Fiscal Year Ended June 30, (in thousands, except percentage data)20252024$ Change% ChangeCloud$3,447,427 $2,698,899 $748,528 28 %Data Center1,467,167 1,208,498 258,669 21 Server— 177,645 (177,645)(100)Marketplace and other300,710 273,561 27,149 10 Total revenues$5,215,304 $4,358,603 $856,701 20 %

Total revenues by geography were as follows: Fiscal Year Ended June 30, (in thousands, except percentage data)20252024$ Change% ChangeAmericas$2,516,901 $2,125,434 $391,467 18 %EMEA2,123,971 1,750,910 373,061 21 Asia Pacific574,432 482,259 92,173 19 Total revenues$5,215,304 $4,358,603 $856,701 20 %

Cost of Revenues  Fiscal Year Ended June