Atlassian Corporation's Stock Analysis

Atlassian Appoints New Director with Technology Background

Atlassian Corporation has appointed Anil Sabharwal as a director, effective February 1, 2026. Sabharwal, who is currently Vice President of Product at Alphabet, Inc., has previously served as a technical advisor to Atlassian and has experience as a Venture Partner at AirTree Ventures. He holds a degree in Computer Science from the University of Waterloo.

As part of his compensation, Sabharwal will receive 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 an indemnification agreement to protect him against certain liabilities related to his duties. There are no disclosed related party transactions between Sabharwal and Atlassian, although the company has engaged in commercial contracts with Google, where Sabharwal currently works.

Jan 15, 2026 16:06:39

Two Directors Announce Retirement from Atlassian Board

Sasan Goodarzi and Richard P. Wong have notified Atlassian Corporation of their decisions to retire from the Board of Directors, effective January 1, 2026. Their retirements are not due to any disagreements with the company regarding its operations, policies, or practices. Goodarzi has served as a director for seven years, while Wong has served for fifteen years, and both have made significant contributions during their tenures.

The company expressed gratitude for the dedication and contributions of both directors. Their departures may lead to changes in board dynamics and governance, which could be of interest to investors monitoring the company's leadership structure.

Dec 22, 2025 16:05:43

Atlassian Annual Meeting Votes and Proposals Summary

Atlassian Corporation held its 2025 Annual Meeting of Stockholders on December 2, 2025. Stockholders were entitled to vote based on their share class, with one vote per share of Class A Common Stock and ten votes per share of Class B Common Stock. As of the record date, there were 168,162,599 Class A shares and 95,068,747 Class B shares outstanding, all eligible to vote on the proposals presented at the meeting.

The proposals included the election of directors, ratification of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending June 30, 2026, an advisory vote on the compensation of named executive officers for fiscal year 2025, and amendments to the Company’s 2015 Share Incentive Plan and Employee Share Purchase Plan. The specific vote counts for each proposal were provided in the Proxy Statement filed with the SEC on October 15, 2025.

Dec 03, 2025 16:06:21

Atlassian Reports Q1 Revenue Growth and New Share Repurchase Program

Atlassian Corporation announced its financial results for the first quarter of fiscal year 2026, reporting total revenue of $1.43 billion, a 21% increase year-over-year. Cloud revenue specifically grew by 26% to $998 million. The company also recorded an operating loss of $96.3 million, which included restructuring charges of $55.7 million. However, net loss was reduced to $51.9 million compared to $123.8 million in the same quarter last year. Atlassian ended the quarter with $2.8 billion in cash and cash equivalents plus marketable securities.

Additionally, Atlassian's Board of Directors authorized a new share repurchase program for up to $2.5 billion of Class A Common Stock, which will commence after the current $1.5 billion program concludes. The company also announced leadership changes, including the upcoming retirement of Chief Financial Officer Joe Binz and the appointment of Tamar Yehoshua as Chief Product and AI Officer. The company is focusing on a cloud-first strategy and plans to phase out its Data Center products, while also expanding its AI capabilities through recent acquisitions.

Oct 30, 2025 16:09:33

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