Company: TEAM
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001650372-25-000022
Chunk: 280

Company: Atlassian Corp
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 8
Chunk 280
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,607)(43)Total revenues$3,830,960 $3,227,013 $603,947 19 %

Total revenues increased $603.9 million, or 19%, in the nine months ended March 31, 2025 compared to the nine 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 nine months ended March 31, 2025, over 90% was attributable to sales to customer accounts existing on or before June 30, 2024.

Subscription revenues increased $762.6 million, or 27%, in the nine months ended March 31, 2025 compared to the nine months ended March 31, 2024. The increase in subscription revenues was primarily attributable to paid seat expansion from our existing customers, price increases, and migrations.

Other revenues decreased $158.6 million, or 43%, in the nine months ended March 31, 2025 compared to the nine months ended March 31, 2024. The decrease in other revenues was primarily attributable to a decrease of $169.5 million in maintenance revenue due to the end of support for our Server offerings.

Total revenues by deployment options were as follows: Nine Months Ended March 31,(in thousands, except percentage data)20252024$ Change% ChangeCloud$2,519,697 $1,960,893 $558,804 28 %Data Center1,086,391 881,835 204,556 23 Server— 177,645 (177,645)(100)Marketplace and other224,872 206,640 18,232 9 Total revenues$3,830,960 $3,227,013 $603,947 19 %

Total revenues by geography were as follows: Nine Months Ended March 31,(in thousands, except percentage data)20252024$ Change% ChangeAmericas$1,840,980 $1,568,349 $272,631 17 %EMEA1,566,304 1,303,303 263,001 20 Asia Pacific423,676 355,361 68,315 19 Total revenues$3,830,960 $3,227,013 $603,947 19 %

Cost of Revenues  Nine Months Ended March 31,(