Company: TEAM
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001650372-25-000022
Chunk: 1

Company: Atlassian Corp
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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393 issued and outstanding at March 31, 2025 and June 30, 2024, respectively1 1 Additional paid-in capital5,223,786 4,212,064 Accumulated other comprehensive income (loss)(26,355)25,300 Accumulated deficit(3,828,512)(3,204,516)Total stockholders’ equity1,368,922 1,032,851 Total liabilities and stockholders’ equity$5,883,716 $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 March 31,Nine Months Ended March 31, 2025202420252024Revenues:  Subscription$1,272,876 $1,071,355 $3,618,072 $2,855,518 Other83,840 117,773 212,888 371,495 Total revenues1,356,716 1,189,128 3,830,960 3,227,013 Cost of revenues (1) (2)219,675 213,425 660,426 585,990 Gross profit1,137,041 975,703 3,170,534 2,641,023 Operating expenses:Research and development (1) (2)685,320 576,490 1,968,634 1,595,007 Marketing and sales (1) (2)295,832 223,814 820,119 637,894 General and administrative (1)168,345 157,595 483,694 458,249 Total operating expenses1,149,497 957,899 3,272,447 2,691,150 Operating income (loss)(12,456)17,804 (101,913)(50,127)Other expense, net(14,861)(10,990)(42,292)(23,964)Interest income27,767 21,414 81,917 69,233 Interest expense(7,804)(8,453)(22,413)(26,430)Income (loss) before income taxes(7,354)19,775