Company: TEAM
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001650372-25-000068
Chunk: 344

Company: Atlassian Corp
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 2
Chunk 344
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 taxes(56,324)(4)(30,164)(3)Provision for (benefit from) income taxes(4,454)— 93,605 7 Net loss$(51,870)(4)%$(123,769)(10)%

Three Months Ended September 30, 2025 and 2024

Revenues Three Months Ended September 30,(in thousands, except percentage data)20252024$ Change% ChangeSubscription$1,374,502 $1,131,948 $242,554 21 %Other58,051 55,833 2,218 4 Total revenues$1,432,553 $1,187,781 $244,772 21 %

Total revenues increased $244.8 million, or 21%, in the three months ended September 30, 2025 compared to the three months ended September 30, 2024. Growth in total revenues was primarily attributable to increased demand for our offerings from existing customers. Of total revenues recognized in the three months ended September 30, 2025, over 90% was attributable to sales to customer accounts existing on or before June 30, 2025.

Subscription revenues increased $242.6 million, or 21%, in the three months ended September 30, 2025 compared to the three months ended September 30, 2024. The increase in subscription revenues was primarily attributable to paid seat expansion from our existing customers and price increases.

Other revenues increased $2.2 million, or 4%, in the three months ended September 30, 2025 compared to the three months ended September 30, 2024. The increase in other revenues was primarily attributable to an increase of $3.0 million in marketplace revenue.

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Total revenues by deployment options were as follows: Three Months Ended September 30,(in thousands, except percentage data)20252024$ Change% ChangeCloud$997,708 $792,306 $205,402 26 %Data Center372,648 335,594 37,054 11 Marketplace and other62,197 59,881 2,316 4 Total revenues$1,432,553 $1,187,781 $244,772 21 %

Total revenues by geography were as follows: Three Months Ended September 30,(in thousands, except percentage data)20252024$ Change% ChangeAmericas$