Atlassian Corp Files 10-Q for Q2 FY25
Ticker: TEAM · Form: 10-Q · Filed: 2025-01-31T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
TL;DR
Atlassian 10-Q filed for 12/31/24. Check financials.
AI Summary
Atlassian Corp filed its 10-Q for the period ending December 31, 2024. The company reported financial results for the second quarter of fiscal year 2025. Specific financial figures and operational details are contained within the filing.
Why It Matters
This filing provides investors with the latest financial performance and operational updates for Atlassian Corp, crucial for understanding the company's current health and future prospects.
Risk Assessment
Risk Level: low — This is a standard quarterly financial filing (10-Q) and does not inherently present new risks.
Key Players & Entities
- Atlassian Corp (company) — Filer of the 10-Q
- 2024-12-31 (date) — End of the reporting period
- 2025-01-31 (date) — Filing date
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is December 31, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on January 31, 2025.
What is the fiscal year end for Atlassian Corp?
Atlassian Corp's fiscal year ends on June 30.
What is the SIC code for Atlassian Corp?
The Standard Industrial Classification (SIC) code for Atlassian Corp is 7372, which falls under SERVICES-PREPACKAGED SOFTWARE.
What is the company's business address?
Atlassian Corp's business address is 350 Bush Street, Floor 13, San Francisco, CA 94104.
Filing Stats: 4,691 words · 19 min read · ~16 pages · Grade level 18.8 · Accepted 2025-01-31 16:13:28
Key Financial Figures
- $0.00001 — stered Class A Common Stock, par value $0.00001 per share TEAM Nasdaq Global Select Mar
Filing Documents
- team-20241231.htm (10-Q) — 1907KB
- exhibit311_fy25q2team.htm (EX-31.1) — 8KB
- exhibit312_fy25q2team.htm (EX-31.2) — 8KB
- exhibit321_fy25q2team.htm (EX-32.1) — 10KB
- team-20241231_g1.jpg (GRAPHIC) — 28KB
- 0001650372-25-000009.txt ( ) — 8591KB
- team-20241231.xsd (EX-101.SCH) — 49KB
- team-20241231_cal.xml (EX-101.CAL) — 77KB
- team-20241231_def.xml (EX-101.DEF) — 285KB
- team-20241231_lab.xml (EX-101.LAB) — 645KB
- team-20241231_pre.xml (EX-101.PRE) — 462KB
- team-20241231_htm.xml (XML) — 1345KB
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 24 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 39 Item 4.
Controls and Procedures
Controls and Procedures 39 PART II Item 1.
Legal Proceedings
Legal Proceedings 40 Item 1A.
Risk Factors
Risk Factors 40 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 71 Item 3. Defaults Upon Senior Securities 71 Item 4. Mine Safety Disclosures 71 Item 5. Other Information 72 Item 6. Exhibits 73
SIGNATURES
SIGNATURES 74 2
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION
Financial Statements
ITEM 1. Financial Statements ATLASSIAN CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except par value and share data) (Unaudited) December 31, 2024 June 30, 2024 Assets Current assets: Cash and cash equivalents $ 2,217,604 $ 2,176,930 Marketable securities 251,629 161,973 Accounts receivable, net 695,661 628,049 Prepaid expenses and other current assets 156,806 109,312 Total current assets 3,321,700 3,076,264 Non-current assets: Property and equipment, net 85,443 86,315 Operating lease right-of-use assets 172,905 172,468 Strategic investments 222,299 223,221 Intangible assets, net 272,578 299,057 Goodwill 1,292,187 1,288,756 Deferred tax assets 6,881 3,934 Other non-current assets 72,312 62,118 Total assets $ 5,446,305 $ 5,212,133 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 190,550 $ 177,545 Accrued expenses and other current liabilities 531,283 577,359 Deferred revenue, current portion 1,914,090 1,806,269 Operating lease liabilities, current portion 48,644 48,953 Total current liabilities 2,684,567 2,610,126 Non-current liabilities: Deferred revenue, net of current portion 282,155 308,467 Operating lease liabilities, net of current portion 209,097 214,474 Long-term debt 986,785 985,911 Deferred tax liabilities 20,054 20,387 Other non-current liabilities 44,092 39,917 Total liabilities 4,226,750 4,179,282 Commitments and contingencies (Note 11) Stockholders' equity Class A Common Stock, $ 0.00001 par value; 750,000,000 shares authorized, 163,081,602 and 159,544,123 issued and outstanding at December 31, 2024 and June 30, 2024, respectively 2 2 Class B Common Stock, 0.00001 par value; 230,000,000 shares authorized, 98,977,705 and 101,012,393 issued and outstanding at December 31, 2024 and June 30, 2024, respectively 1 1 Additional paid-in capital 4,876,944 4,212,064 Accumulated other comprehensive income (loss) ( 38,617 ) 25,300 Accumulated deficit ( 3,618,775 ) ( 3,20