Atlassian Corporation's Stock Analysis

Atlassian Announces $1 Billion Acquisition of DX for AI Insights

Atlassian Corporation has entered into a definitive agreement to acquire DX, a leader in engineering intelligence, for approximately $1 billion in cash and restricted stock. This acquisition aims to enhance Atlassian's offerings by providing enterprises with insights into how AI investments are impacting engineering productivity. The integration of DX's capabilities with Atlassian's existing tools is expected to help organizations measure and improve developer productivity through data-informed decisions.

The transaction is anticipated to close in the second quarter of fiscal year 2026, pending customary closing conditions and regulatory approvals. Despite this acquisition, Atlassian has stated that it will not alter its previously issued fiscal year 2027 non-GAAP operating margin target. The deal positions Atlassian to further strengthen its presence in the team collaboration and productivity software market, benefiting its extensive customer base that includes over 300,000 organizations worldwide.

Sep 18, 2025 09:10:25

Atlassian Board Changes: Director Retirement and New Appointment

Heather M. Fernandez will retire as a director of Atlassian Corporation effective September 30, 2025, after nearly ten years of service. Her resignation was not due to any disagreements with the company. The Board has appointed Jason Warner as a new director, effective October 1, 2025. Warner, co-Founder and co-CEO of Poolside, Inc., has a background in technology and venture capital, having previously served as Chief Technology Officer at GitHub and Managing Director at Redpoint Ventures.

Jason Warner's compensation as a director includes a $55,000 annual retainer and restricted stock units valued at $290,000, which will vest based on his continued service. The company will also provide him with an indemnification agreement for liabilities incurred while performing his duties. There are no related party transactions between Warner and Atlassian that require disclosure, although the company may engage in ordinary commercial contracts with Poolside, where Warner is a co-founder.

Sep 17, 2025 16:32:34

Atlassian Announces End-of-Life for Data Center Products

Atlassian Corporation has announced plans to phase out its Data Center products over a three-year period, with the complete transition to the cloud expected by March 28, 2029. The company will stop selling new Data Center subscriptions and related apps to new customers by March 30, 2026, and existing customers will have until March 30, 2028, to purchase new licenses. The transition is part of a larger initiative called Atlassian Ascend, aimed at supporting customers in migrating to the cloud while maintaining necessary support and security updates during the transition period.

The company also outlined changes to revenue recognition for future Data Center subscriptions, which will now allocate a higher proportion of total contract value to upfront license fees rather than ongoing support. This shift is expected to impact total revenue, cash flow, and gross margins positively. Atlassian will provide further details regarding the financial implications on its upcoming earnings call.

Sep 08, 2025 17:26:28

Atlassian to Acquire The Browser Company for $610 Million

Atlassian Corporation has announced a definitive agreement to acquire The Browser Company of New York for approximately $610 million in cash. This acquisition aims to enhance Atlassian’s offerings by developing an AI-powered browser tailored for knowledge workers, addressing the limitations of current browsers in supporting complex workflows. The transaction is expected to close in the second quarter of fiscal year 2026, pending regulatory approvals and customary closing conditions.

The acquisition is not anticipated to have a significant impact on Atlassian's financials for the fiscal years 2026 and 2027. Atlassian currently serves over 300,000 customers, including a majority of Fortune 500 companies, and aims to leverage The Browser Company's technology to expand its reach and capabilities in the collaboration software space. The combined efforts are expected to focus on creating a browser that integrates seamlessly with various SaaS applications, enhancing productivity for users.

Sep 04, 2025 08:10:16

Atlassian Reports Q4 and Fiscal Year 2025 Financial Results

Atlassian Corporation reported a quarterly revenue of $1.384 billion for the fourth quarter of fiscal year 2025, representing a 22% increase year-over-year. The company's total revenue for the fiscal year reached $5.2 billion, up 20% from the previous year. On a non-GAAP basis, Atlassian reported an operating income of $335.9 million and a net income of $259.1 million for the fourth quarter. The company also generated $1.415 billion in free cash flow for the fiscal year, reflecting a robust cash generation capacity.

In addition to financial results, Atlassian announced the upcoming departure of President Anu Bharadwaj, effective December 31, 2025. The company has also expanded its strategic partnership with Google Cloud to enhance its AI-powered teamwork platform. Atlassian ended the fourth quarter with nearly 52,000 customers generating over $10,000 in annual recurring revenue, marking a 13% year-over-year increase. The company provided financial targets for the first quarter of fiscal year 2026, forecasting total revenue between $1.395 billion and $1.403 billion.

Aug 07, 2025 16:14:43

Atlassian Reports Q3 FY2025 Revenue Growth and Losses

Atlassian Corporation announced its financial results for the third quarter of fiscal year 2025, reporting total revenue of $1.36 billion, which represents a 14% increase from the same period last year. Subscription revenue specifically grew by 19% year-over-year, amounting to $1.27 billion. However, the company reported a GAAP operating loss of $12.5 million and a net loss of $70.8 million, contrasting with a net income of $12.8 million in the previous year. The non-GAAP operating margin stood at 26%, while cash flow from operations was $653 million, indicating strong cash generation despite the losses on the income statement.

In terms of customer growth, Atlassian ended the quarter with 50,715 customers generating over $10,000 in Cloud annualized recurring revenue, reflecting a 14% year-over-year increase. The company also highlighted recent innovations, including the integration of its AI solution, Rovo, into its product offerings. Additionally, Atlassian announced a long-term partnership with Williams Racing in Formula 1, aimed at enhancing its brand visibility and technological collaboration. The company has a strong balance sheet with $3.0 billion in cash and marketable securities as of the end of the quarter.

May 01, 2025 16:10:24

Atlassian Reports $1.29 Billion Revenue in Q2 FY 2025

Atlassian's second quarter results for fiscal year 2025 showed a revenue of $1,286 million, marking a 21% increase compared to the previous year. Subscription revenue experienced a significant rise of 30%, reaching $1,213 million, and the company reported a free cash flow of $343 million. Additionally, Atlassian had a notable increase in customers with over $10,000 in Cloud annual recurring revenue, growing by 15% year-over-year to 49,449 customers. The company also received recognition as a leader in multiple industry assessments, enhancing its market position.

On the downside, Atlassian reported an operating loss of $57.5 million, which is a decline from the previous year's loss of $49.1 million. The GAAP operating margin was recorded at (4%), slightly improved from (5%) in the same quarter last year. Despite the positive growth in revenue, the net loss for the quarter was $38.2 million, although this was an improvement from a net loss of $84.5 million in the same quarter of the previous year. The company continues to face challenges in achieving profitability while investing heavily in its strategic initiatives.

Jan 30, 2025 16:10:09

Atlassian Reports $1.2 Billion Revenue with Increased Net Loss

Atlassian Corporation reported a revenue of $1,188 million for the first quarter of fiscal year 2025, reflecting a 21% increase compared to the previous year. Subscription revenue also saw significant growth of 33%, totaling $1,132 million. The company highlighted the launch of its new AI product, Rovo, and announced that it has been recognized as a leader in the 2024 Gartner Magic Quadrant for DevOps Platforms. Additionally, Atlassian's cash flow from operations was $80 million, and it ended the quarter with $2.2 billion in cash and marketable securities, indicating solid financial positioning.

Conversely, Atlassian faced challenges with an operating loss of $32 million, which is a decline from the previous year's loss of $18.9 million. The net loss for the quarter increased to $123.8 million, compared to $31.9 million in the same period last year, leading to a net loss per diluted share of $0.48. The GAAP operating margin stood at -3%, slightly worse than the -2% margin recorded a year prior. This performance raises concerns about profitability despite the revenue growth.

Oct 31, 2024 16:10:39

Atlassian Reports Strong Growth Despite Operating Losses

Atlassian's fourth quarter revenue rose 20% to $1.1 billion, with subscription revenue increasing by 34%. The company achieved a significant milestone with over 300,000 customers and generated $1.4 billion in free cash flow for the fiscal year. However, it reported a net loss of $196.9 million for the quarter and $300.5 million for the year, indicating ongoing financial challenges despite overall growth.

Aug 01, 2024 16:15:37

Atlassian Welcomes Adobe's Scott Belsky to Board

Atlassian has appointed Scott Belsky, Adobe's Chief Strategy Officer, to its Board of Directors, effective August 1, 2024. Belsky brings extensive experience in strategy and product development, having led successful initiatives at Adobe. His appointment is seen as a positive step for Atlassian, especially as the company seeks to capitalize on opportunities in the AI era. Belsky's background in design and product management is expected to enhance Atlassian's offerings and customer value.

Jul 24, 2024 09:03:24