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TEAM - Atlassian Corporation Plc

Company Overview

Enterprise software company providing business solutions for digital transformation.

Key Characteristics

Employees
8,000
Founded
2005
Revenue (TTM)
$5.0B
Revenue (Prior Year)
$4.5B
R&D Spend (TTM)
$800.0M
R&D Spend (Prior Year)
$700.0M

Products & Services

Atlassian Corporation Plc Core Product

Primary product/service offering from Atlassian Corporation Plc.

Pricing Model
Contact for pricing
Marketing Approach
Main offering from Atlassian Corporation Plc

Customer Segments

Direct Customers
  • Businesses
  • Enterprises
Indirect/End Customers
  • End users
Problems Solved / Use Cases
  • Business operations
  • Digital transformation

Geographic Presence

Headquarters
United States
Operating Regions (3)
United StatesEuropeAsia-Pacific
Revenue by Region
Europe25%
Asia-Pacific15%
North America60%

SEC Filing Analyses (9)

10-K

FY 2025

Positive
Aug 15, 2025

Atlassian's Revenue Recognition Complexity Signals Evolving Enterprise Sales Motion

Atlassian's filing reveals increasing complexity in revenue recognition, indicating a shift toward larger enterprise deals with multiple performance obligations. The auditors highlighted revenue recog...

10-Q

Q4 2025

Positive
Jan 31, 2025

Atlassian's Cloud Transition Accelerates Despite Mounting Operating Losses and AI Investments

Atlassian's Q4 results reveal accelerating cloud momentum with subscription revenue up 30.2% YoY to $1.21B, though operating losses widened to $57.5M. The company's strategic pivot to cloud and AI inv...

10-K

FY 2024

Positive
Aug 16, 2024

Atlassian's Cloud Transformation Drives Growth Amid Revenue Recognition Complexity

Atlassian continues executing its strategic cloud transformation with increasing complexity in revenue recognition. The company's multi-performance obligation contracts and standalone selling price (S...

10-Q

Q1 2024

Positive
Apr 26, 2024

Atlassian Hits Profitability Milestone as Cloud Transition Accelerates Revenue Growth

Atlassian achieved quarterly profitability with $12.8M net income, marking a significant turnaround from $209M loss YoY. Subscription revenue surged 41% YoY to $1.07B, now comprising 90% of total reve...

10-Q

Q3 2023

Positive
Nov 3, 2023

Atlassian's Cloud Transition Accelerates Despite Mounting Operating Losses and Margin Pressure

Atlassian delivered 21% YoY revenue growth to $978M, driven by cloud subscription revenue surge of 31% YoY to $852M. Operating losses widened to $19M as R&D investments increased 21% YoY to $482M. Clo...

10-K

FY 2023

Neutral
Aug 18, 2023

Legal Challenges Mount as Atlassian Faces Securities Class Action and Derivative Lawsuits

Atlassian faces significant legal scrutiny with multiple lawsuits alleging misleading statements about business prospects during August-November 2022. A securities class action and three derivative la...

10-Q

Q1 2023

Positive
May 5, 2023

Atlassian's Cloud Transition Drives 23% Growth Despite Mounting Operating Losses

Atlassian's Q1 2023 showed strong subscription revenue growth of 37% YoY to $761M, but operating losses widened significantly to $162M from a profit of $33M in Q1 2022. The cloud transition continues ...

10-Q

Q4 2023

Positive
Feb 3, 2023

Atlassian's Cloud Transition Drives 30% Growth Despite Mounting Operational Losses

Atlassian posted strong Q4 revenue growth of 27% YoY to $873M, driven by subscription revenue jumping 40% to $711M. However, operating losses widened to $99M as R&D and sales investments more than dou...

10-Q

Q3 2022

Positive
Nov 4, 2022

Atlassian's Cloud Transition Accelerates as Subscription Revenue Surges 49.5% YoY

Atlassian demonstrated strong cloud momentum with subscription revenue reaching $651M, up 49.5% YoY. The company's strategic shift from maintenance to subscription revenue continues as maintenance rev...