Atlassian Corp

Latest Results (21.10.2025):

Atlassian Corp reported its fourth quarter of fiscal year 2025 with total revenue of $1,384 million, marking a 22% increase year-over-year. The company demonstrated strong performance in subscription revenue and improved operating margins, while also highlighting significant advancements in their AI-driven platforms and strategic partnerships.

Revenue Growth

For Q4 FY25, Atlassian achieved total revenue of $1,384.3 million, a 22% increase compared to $1,131.6 million in Q4 FY24. Subscription revenue specifically rose by 23% year-over-year to $1,313 million.

Operating Margin Improvement

The company reduced its GAAP operating loss to $28.5 million from $67.0 million in the previous year, improving the operating margin to (2%) from (6%). On a non-GAAP basis, operating income increased to $335.9 million with a 24% margin, up from $222.0 million and 20% respectively in Q4 FY24.

Net Income and Earnings Per Share

Atlassian reported a net loss of $23.9 million for Q4 FY25, significantly better than the $196.9 million loss in Q4 FY24. On a non-GAAP basis, net income stood at $259.1 million, with earnings per diluted share of $0.98 compared to $0.66 in the same quarter last year.

Cash Flow

Cash flow from operations was $375.3 million, and free cash flow reached $360.3 million for Q4 FY25, maintaining a strong free cash flow margin of 26%.

Strategic Developments

Atlassian expanded its strategic partnership with Google Cloud to enhance its AI-powered teamwork platform. The company was recognized as a Leader in The Forrester Wave™ for both Value Stream Management Solutions and DevOps Platforms in Q2 2025. Additionally, Atlassian introduced new AI-driven tools and continued to grow its customer base with over 51,978 customers generating more than $10,000 in Cloud ARR.

Leadership Changes

Atlassian announced the departure of President Anu Bharadwaj effective December 31, 2025, acknowledging her significant contributions over nearly 12 years with the company.