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Atlassian Corp

CIK: 16503722 Annual ReportsLatest: 2025-08-15

10-K / August 15, 2025

Revenue:$5,215,304,000
Income:-$256,687,000

10-K / August 16, 2024

Revenue:$4,358,603,000
Income:-$300,519,000

10-K / August 15, 2025

Atlassian

What the company does

  • Builds team collaboration software and a cloud platform that connects teams through a system of work to boost productivity at scale.
  • Offers apps, AI agents, and Collections for software teams, IT operations and support, leadership, and other business teams.
  • Atlassian Cloud Platform provides unified experiences, standardized data, and enterprise-grade infrastructure to connect teams, information, and workflows across Atlassian and third-party tools.
  • Emphasizes AI integration across the portfolio to increase productivity, surface insights, and automate work.

Core products and offerings

  • Apps (cloud)
    • Jira (project management for technical and non-technical teams)
    • Confluence (knowledge and team workspace)
    • Loom (asynchronous video communication)
    • Jira Service Management (IT, HR, and other service teams)
    • Rovo (AI offering integrated into the platform)
    • Bitbucket (Git-based source code management)
    • Compass (developer portal)
    • Jira Product Discovery (idea capture, prioritization, roadmapping)
    • Jira Align (enterprise agility)
    • Focus (strategy hub)
    • Talent (strategic workforce planning)
    • Trello (AI-powered personal productivity)
    • Guard (security threat detection)
  • Agents and Collections
    • AI-powered agents to automate tasks and assist decision-making
    • Collections bundle apps and agents for focused use cases (for example, Teamwork Collection and Strategy Collection)
  • Rovo components
    • Rovo Enterprise Search, Rovo Chat, Rovo Studio (platform for building agents and automation)
  • Platform and integration
    • Forge (cloud app development platform)
    • Home, Teams, Goals, Projects, Administration, Analytics (platform apps)
    • Atlassian Marketplace (third-party apps and integrations)
  • Data-centric platform
    • Teamwork Graph: a unified data layer connecting goals, knowledge, teams, and work across Atlassian and non-Atlassian tools

Deployment and ecosystem

  • Cloud is the primary commercial offering with multiple editions and environments, including Atlassian Government Cloud (early access) and Atlassian Isolated Cloud for single-tenant needs.
  • Data Center: a self-managed deployment option with similar core functions but without the advanced cloud AI capabilities.
  • Forge and the Marketplace enable extensibility and third-party integrations.

Go-to-market and strategy

  • Uses a land-and-expand model with low-touch, high-velocity self-service to trial and adopt, followed by expansion within organizations.
  • Supports frictionless web-based purchasing (credit card and online flow) for broad adoption, supplemented by a sales force targeting large enterprises and higher-value editions or Collections.
  • Maintains an extensive partner network of solution partners to deploy, customize, and scale offerings.
  • Operates an open and extensible ecosystem with integrations across Microsoft, Zoom, Salesforce, Workday, Dropbox, and others.
  • Continues to add and deploy AI features across the portfolio to enhance functionality and performance.

Scale, customers, and reach

  • More than 300,000 customers worldwide.
  • Serves organizations across nearly every industry in over 200 countries and territories.
  • Over 80% of the Fortune 500 are customers.
  • 13,813 full-time employees as of June 30, 2025 (plus temporary workers and consultants as needed).

Intellectual property and protections

  • Protections include trademarks, domain names, copyrights, trade secrets, and patents.
  • As of June 30, 2025: 569 issued patents and approximately 415 U.S. patent applications pending.
  • Teamwork Graph and platform capabilities are protected via licenses, confidentiality, and related legal measures; the Marketplace is coordinated with third-party developers.

Additional business details

  • Corporate values and culture emphasize openness, teamwork, customer focus, continuous improvement, and a distributed work model (Team Anywhere).
  • R&D expenses represented 51% and 50% of revenue in fiscal years 2025 and 2024, respectively.
  • Capital structure and financing examples:
    • 2029 Notes: $500 million aggregate principal amount at 5.250%.
    • 2034 Notes: $500 million aggregate principal amount at 5.500%.
    • 2024 Credit Facility: amended to a $750 million senior unsecured revolving credit facility (as of June 30, 2025, no outstanding revolver).
    • Share Repurchase Program: authorized for up to $1.5 billion of Class A common stock (announced Sept 2024; commenced Apr 2025); timing and purchases are discretionary.
  • Corporate governance and risk framing:
    • Dual-class voting structure giving Class B holders (primary insiders) significant control.
    • Exclusive forum provisions for certain disputes (Delaware Court of Chancery; Securities Act claims in federal court).
    • Exposure to global regulatory, tax, privacy, cybersecurity, and AI-related risks and ongoing investments in security, governance, and compliance.

Notable identifiers

  • Founded in 2002 in Sydney, Australia.
  • Atlassian Cloud Platform and Teamwork Graph serve as the common data foundation across apps, connecting teams, information, and workflows with AI-enabled capabilities.