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Atlassian Corp

CIK: 16503723 Annual ReportsLatest: 2026-08-14
Revenue: $6,572,308,000Net Income: -$53,828,000Source 10-K
Disclaimer: AI-assisted summary of SEC Form 10-K filings. Not official company content and not investment, legal, accounting, or tax advice. See full disclaimer here.

10-K / August 14, 2026

Revenue:$6,572,308,000
Income:-$53,828,000

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 14, 2026

Atlassian

At a glance

  • Builds cloud-based team collaboration software to connect teams through a unified system of work. The company embeds AI capabilities across its platform to enable human and AI collaboration within governed workflows.
  • Global reach: serves organizations of all sizes in 200+ countries and territories, including more than 350,000 customers. More than 85% of the Fortune 500 use Atlassian’s offerings.
  • Core use cases: software delivery, IT operations and support, leadership and business workflows, and cross-functional collaboration.

Core business model

  • Platform and products
    • Atlassian Cloud Platform underpins a portfolio of apps, AI agents, and Collections built on a common data model (Teamwork Graph) to connect teams, information, context, and workflows.
    • Strategy centers on AI-powered orchestration of work across human and AI teammates, with provider-agnostic AI workloads routed via an AI Gateway to optimize cost, performance, and latency.
  • Market approach
    • Product-led, low-friction land-and-expand model with self-service, high trial value, and viral expansion within organizations.
    • Commercial packaging includes stand-alone apps and curated Collections that bundle apps, AI capabilities, and platform services for cross-functional outcomes.
  • Revenue model and scale
    • Primarily subscription-based with revenue recognized over contract terms; customers are migrating to Cloud offerings as Data Center is phased out.
    • Maintains a broad ecosystem via the Atlassian Marketplace (thousands of third-party apps) and Forge for cloud app development.
  • Corporate structure and governance
    • Dual-class stock structure (Class B has substantially more voting power than Class A); founders and related entities retain substantial control.
    • No dividend policy in the foreseeable future; active use of a share repurchase program to deploy capital.

Key offerings and components

  • Apps (core building blocks)
    • Jira, Confluence, Loom, Jira Service Management, Rovo, Bitbucket, Compass, Jira Product Discovery, Focus, Talent, Trello, Guard.
  • Agents and AI
    • AI-driven agents available out-of-the-box, built via no-code tools, or purchased from the Atlassian Marketplace to automate workflows and support decision-making.
  • Collections
    • Teamwork Collection: Jira, Confluence, Loom, Rovo (with higher Rovo credit allowances).
    • Service Collection: Jira Service Management, Customer Service Management, Assets, Rovo.
    • Strategy Collection: Jira Align, Focus, Talent.
    • Software Collection: Rovo Dev, DX, Bitbucket, Pipelines, Compass.
    • Product Collection: Jira Product Discovery, Feedback, Rovo capabilities.
  • Rovo (AI platform)
    • Rovo Search, Rovo Chat, Rovo Agents, Rovo Studio.
  • Platform and integrations
    • Platform apps: Home, Teams, Goals, Projects, Administration, Analytics.
    • Atlassian Cloud Platform provides unified data, standardized experiences, and enterprise controls; Teamwork Graph connects context across Atlassian and third-party tools.
    • Forge: cloud app development platform for building and extending cloud apps.
    • Atlassian Marketplace: thousands of third-party apps and integrations.

Platform architecture and capabilities

  • Infrastructure and data
    • Atlassian Cloud Platform emphasizes security, privacy, compliance, and centralized administration for scale.
    • Teamwork Graph provides relationship-aware enterprise context to power AI agents and cross-product workflows.
  • AI and automation
    • AI capabilities are embedded across product surfaces to enable cross-product insights, automation, and collaboration.
    • AI Gateway routes AI workloads across multiple models to optimize cost and latency.
  • Security and governance
    • Trust and Security organization led by the Chief Trust Officer (CTrO) and Chief Information Security Officer (CISO); holds certifications including ISO 27001, ISO 27018, ISO 22301, SOC 1, SOC 2, HIPAA, IRAP, and BSI C5.
  • Developer and ecosystem tools
    • Forge and Marketplace enable third-party developers to build and distribute cloud apps; integrations include Microsoft, Salesforce, OpenAI, and others.

Customers, employees, and scale

  • Customers: more than 350,000 worldwide.
  • Employees: 13,301 full-time employees as of June 30, 2026; over 50% of employees were involved in research and development in 2026.
  • Global footprint: offices totaling about 146,000 sq ft in Sydney and 122,000 sq ft in the San Francisco Bay Area; presence in multiple countries and regions.

Growth, investments, and capital allocation

  • Research and development
    • R&D expense: 50% of revenue in fiscal 2026 and 51% of revenue in fiscal 2025, reflecting a strong focus on product and AI development.
  • Data Center transition
    • End-of-life plan for Data Center products: no new Data Center sales to new customers since September 2025; expansion stop in March 2028; maintenance end in March 2029.
    • Focus on Cloud offerings and wider adoption of the Teamwork Graph and AI capabilities.
  • Capital programs
    • Debt: May 2024 issuance of $500 million 5.250% senior notes (due 2029) and $500 million 5.500% senior notes (due 2034).
    • Credit facility: August 2024 amendment to a $750 million senior unsecured revolving credit facility.
    • Share repurchase: 2025 program authorized up to $2.5 billion; repurchases commenced March 2026.
    • Dividends: not expected to be declared in the foreseeable future.
  • Global and tax considerations
    • Exposure to global tax developments (Pillar Two, DAC 6/MDR) and ongoing international taxation policy changes.
    • Compliance with data privacy and AI-related regulations across multiple jurisdictions; ongoing investment in security, privacy, and compliance capabilities.

Geographic and regulatory landscape

  • Global operations are subject to privacy, security, export controls, anti-bribery, and other regulatory regimes.
  • FedRAMP certification for U.S. government sales; ongoing efforts to expand higher-security levels (e.g., FedRAMP High, DoD ILevel).
  • Climate and sustainability reporting obligations in multiple jurisdictions; publishes an annual Sustainability Report with GHG metrics and a target of net-zero by 2040.
  • Data residency initiatives and evolving cloud sovereignty considerations affecting Cloud adoption in government and regulated sectors.