Company: TEAM
Filing Date: 2025-08-15
Form Type: 10-K
Source: 0001650372-25-000036
Chunk: 114

Company: Atlassian Corp
Filing Date: 2025-08-15
Form: 10-K
Item: Item 8
Chunk 114
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,180,859 2,610,126 Non-current liabilities:Deferred revenue, net of current portion254,252 308,467 Operating lease liabilities, net of current portion201,483 214,474 Long-term debt987,684 985,911 Deferred tax liabilities23,881 20,387 Other non-current liabilities48,157 39,917 Total liabilities4,696,316 4,179,282 Commitments and contingencies (Note 11)Stockholders’ equityClass A Common Stock, $0.00001 par value; 750,000,000 shares authorized, 165,949,196 and 159,544,123 issued and outstanding at June 30, 2025 and 2024, respectively 2 2 Class B Common Stock, 0.00001 par value; 230,000,000 shares authorized, 97,030,987 and 101,012,393 issued and outstanding at June 30, 2025 and 2024, respectively1 1 Additional paid-in capital5,574,290 4,212,064 Accumulated other comprehensive income (loss)13,226 25,300 Accumulated deficit(4,241,865)(3,204,516)Total stockholders’ equity1,345,654 1,032,851 Total liabilities and stockholders’ equity$6,041,970 $5,212,133 The above consolidated financial statements should be read in conjunction with the accompanying notes.

66

ATLASSIAN CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except per share data) Fiscal Year Ended June 30, 202520242023Revenues:  Subscription$4,930,604 $3,924,389 $2,922,576 Other284,700 434,214 612,071 Total revenues5,215,304 4,358,603 3,534,647 Cost of revenues (1) (2)894,851 803,495 633,765 Gross profit4,320,453 3,555,108 2,900,882 Operating expenses:Research and development (1) (2)2,669,312 2,184,111 1,869,881 Marketing and sales (1) (2)1,134,535 877,