Company: TEAM
Filing Date: 2025-01-31
Form Type: 10-Q
Source: 0001650372-25-000009
Chunk: 1

Company: Atlassian Corp
Filing Date: 2025-01-31
Form: 10-Q
Item: Part I, Item 1
Chunk 1
---
393 issued and outstanding at December 31, 2024 and June 30, 2024, respectively1 1 Additional paid-in capital4,876,944 4,212,064 Accumulated other comprehensive income (loss)(38,617)25,300 Accumulated deficit(3,618,775)(3,204,516)Total stockholders’ equity1,219,555 1,032,851 Total liabilities and stockholders’ equity$5,446,305 $5,212,133 

The above condensed consolidated financial statements should be read in conjunction with the accompanying notes.

3

ATLASSIAN CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except per share data)

(Unaudited)

 Three Months Ended December 31,Six Months Ended December 31, 2024202320242023Revenues:  Subscription$1,213,248 $932,181 $2,345,196 $1,784,163 Other73,215 127,929 129,048 253,722 Total revenues1,286,463 1,060,110 2,474,244 2,037,885 Cost of revenues (1) (2)223,127 194,536 440,751 372,565 Gross profit1,063,336 865,574 2,033,493 1,665,320 Operating expenses:Research and development (1) (2)680,213 536,779 1,283,314 1,018,517 Marketing and sales (1) (2)271,894 220,513 524,287 414,080 General and administrative (1)168,708 157,344 315,349 300,654 Total operating expenses1,120,815 914,636 2,122,950 1,733,251 Operating loss(57,479)(49,062)(89,457)(67,931)Other expense, net(7,999)(4,639)(27,431)(12,974)Interest income25,586 22,593 54,150 47,819 Interest expense(7,291)(9,001)(14,609)(17,977)Loss before income taxes(47,183)(40,109)(77,347)(51,063)