Company: TEAM
Filing Date: 2025-08-15
Form Type: 10-K
Source: 0001650372-25-000036
Chunk: 145

Company: Atlassian Corp
Filing Date: 2025-08-15
Form: 10-K
Item: Item 8
Chunk 145
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 addition, the Company has entered into indemnification agreements with its directors, executive officers, and certain other officers that will require the Company to, among other things, indemnify these individuals for certain liabilities that may arise as a result of their affiliation with the Company. For the periods presented, the Company has not incurred any costs as a result of such indemnification obligations and has not recorded any liabilities related to such obligations in the consolidated financial statements.

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12. RevenueRemaining Performance ObligationsTransaction price allocated to the remaining performance obligations represents contracted revenue that has not yet been recognized, which includes deferred revenue and unbilled amounts that will be recognized as revenue in future periods. Transaction price allocated to the remaining performance obligations is influenced by several factors, including the timing of renewals, the timing of delivery of software licenses, average contract terms, and foreign currency exchange rates. Unbilled portions of the remaining performance obligations are subject to future economic, risks including bankruptcies, regulatory changes, and other market factors.As of June 30, 2025, approximately $3.3 billion of revenue is expected to be recognized from transaction price allocated to remaining performance obligations. The Company expects to recognize revenue on approximately 74% of these remaining performance obligations over the next 12 months, with the balance recognized thereafter.Disaggregated RevenueThe Company’s revenues by geographic region based on end-users who purchased the Company’s offerings are as follows (in thousands):  Fiscal Year Ended June 30, 202520242023AmericasUnited States$2,182,073 $1,847,194 $1,537,328 Other Americas334,828 278,240 227,838 Total Americas2,516,901 2,125,434 1,765,166 EMEAGermany539,550 442,063 330,046 Other EMEA1,584,421 1,308,847 1,036,693 Total EMEA2,123,971 1,750,910 1,366,739 Asia Pacific574,432 482,259 402,742 Total revenues$5,215,304 $4,358,603 $3,534,647 The Company provides different deployment options for its offerings. Cloud offerings provide customers the right to use the Company’s software in a cloud-based infrastructure that the Company provides. Data Center offerings are on-premises term license agreements for the Company’s Data Center products, which are software