Short answer
Atlassian (TEAM) filed its fiscal 2025 10-K annual report with the SEC on Aug 15, 2025. It reported revenue of $5.2B (+19.7% year over year) and net income of −$257M.
- Top risk flagged: Regulatory risk: Uncertain tax positions under audits by IRS, Australian Taxation Office, and others could materially affect financial position and results of operations
FY2025 key financial metrics · XBRL
- Revenue
- $5.2B
- +19.7% YoY
- Net income
- −$257M
- +14.6% YoY
- Operating margin
- -2.5%
- +0.2 pp YoY
- Gross margin
- 82.8%
- +1.3 pp YoY
- EPS (diluted)
- −$0.98
- +15.5% YoY
- ROE
- -19.1%
- +10.0 pp YoY
- Operating cash flow
- $1.5B
- +0.8% YoY
Source: XBRL data from the Atlassian (TEAM) FY2025 10-K on SEC EDGAR. USD.
Atlassian FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business model: cloud-based team collaboration software platform empowering cross-functional teams via integrated apps, AI agents, and Collections
- New segment introduced: Atlassian Isolated Cloud, a single-tenant environment for enterprises with strictest data protection and regulatory demands launched FY2025
- Strategic shift from stand-alone products to integrated, modular apps, AI agents, and Collections for enhanced flexibility and scalable customization
- Over 50% of 8,000+ employees dedicated to R&D; 300,000+ customers worldwide including 80% of Fortune 500 organizations
- Rovo AI platform launched with three apps (Enterprise Search, Chat, Studio) embedding AI deeply across products to boost productivity and teamwork
Management Discussion & Analysis
- No segment performance or cash flow and capital allocation details given
- Forward-looking statements caution on potential risks, no specific guidance or outlook provided
Risk Factors
- Regulatory risk: Uncertain tax positions under audits by IRS, Australian Taxation Office, and others could materially affect financial position and results of operations
- Macroeconomic risk: Exposure to inflationary pressures, interest rate changes, trade policies, and geopolitical tensions impacting global software demand
- Operational risk: Dependence on third-party managed hosting facilities for cloud infrastructure with hosting fees increasing by $32.5 million YoY
- Market disruption risk: Shift in revenue mix from Data Center (21% growth) to Cloud offerings (28% growth) amid end of Server support in fiscal 2024
- Financial risk: Significant stock-based compensation expense rose $225 million in R&D, increasing operating loss to $130 million despite $5.2B revenue
Generated from the filing text; verify against the original. How to read a 10-K
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