- Quarterly income of US$1,384m, up 22%
- Quarterly subscription income of $1,313m, up 23%
- Quarterly working lack of $28.5m
- Atlassian president departs
Atlassian generated US$5.2 billion in income within the 2025 monetary 12 months, up 20% on 12 months in the past, however 20 years of annual losses proceed because the enterprise heads into its twenty fourth 12 months.
Releasing stronger-than-expected fourth quarter earnings in addition to full 12 months outcomes in the present day, the US-domiciled enterprise software program platform revealed robust progress throughout the board, with This fall income up 22% on final 12 months at US$1,384.3 million.
The This fall working loss was US$28.5 million, down from $67m in This fall FY24, however the working loss for the 12 months grew to $130.4m in FY25, up from $117.1m within the earlier fiscal 12 months. The working margin was regular at (3%).
Money and money equivalents, plus marketable securities on the finish of the fourth quarter totalled US$2.9 billion.
Atlassian’s CFO Joe Binz stated the quarter was a “stable shut” to FY25, with Cloud income of $928 million, up 26% 12 months on This fall, 2024, however world financial uncertainty continues to hold over the enterprise.
“Our outcomes this quarter strengthen our conviction within the investments we’re making throughout our strategic priorities of Enterprise Cloud, AI, and the Atlassian System of Work,” he stated.
Rounding out his 12 months as CEO with out his cofounder Scott Farquhar, by his facet, Mike Cannon-Brookes was eager to inform traders on the earnings name that he’s “not going anyplace” within the wake of Atlassian president Anu Bharadwaj will hand in his go on the finish of 2025 after 12 years with the corporate.
“You will must put up with me for a lot of extra years. I like my job and that is probably the most thrilling time to be at Atlassian,” the billionaire stated.
His dedication got here within the wake of latest essential Australian media reporting, together with sacking 150 customer support workers globally final week (44 in Australia) through a pre-record video message, blaming the redundancies on AI.
Cannon-Brookes stated in the present day that AI is “creating important tailwinds” for the enterprise and “basically altering” how folks work, however “there’s nonetheless lots of, terrible lot of labor to do” at Atlassian.
However he believes it is going to create extra jobs.
“Do I feel there can be far much less builders on the planet 5 years from now? No, I don’t suppose so,” he stated.
“I feel there’ll be much more and much more folks creating software program in different capabilities. Whether or not they’re in finance or HR advertising and marketing, there’s going to be much more folks creating software program.”
Cannon-Brookes stated Atlassian is “nonetheless hiring an entire lot of engineers and builders”.
On LinkedIn Bharadwaj, who turned president in 2023 after a stint as COO, stated she’d spent greater than a decade at Atlassian due to “deep abiding love: a love for the corporate we’ve constructed, the purchasers we serve and the group we’ve created.”
“I began my journey at Atlassian as Head of Product for Jira, after we had just a few hundred staff, 35,000 prospects, and a pair hundred million USD in income. As we shut out FY25, now we have practically 14,000 staff, over 300,000 prospects, and have surpassed 5 billion USD in annual income,” she stated.
“It’s secure to say that my time at Atlassian has bolstered the significance of aiming excessive and dreaming massive – you simply may attain it! However behind each success are the people that dare to dream and work collectively to make it come true.”
The corporate additionally introduced an expanded multi-year partnership with Google Cloud for 3 key merchandise, Confluence, Jira and Loom.
In the meantime, its share value fell greater than 7% regardless of the robust outcomes. Atlassian’s (Nasdaq: TEAM) share value is down 10% for the week and practically 30% in 2025, pulling its market cap under US$45 billion, however stays 24.45% up on 12 months in the past at US$171.
