---
schema_version: "secwatch.filing_event.v1"
accession: "0001650372-24-000054"
form_type: "8-K"
ticker: "TEAM"
cik: "0001650372"
company_name: "Atlassian Corp"
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:28:11.600947+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

# Atlassian Q1 FY25 revenue $1.19B (+21%); appoints new CRO, authorizes $1.5B buyback

## Summary
- Revenue $1,188M (+21% YoY); subscription revenue $1,132M (+33% YoY).
- GAAP net loss $123.8M ($0.48 loss/share); non-GAAP net income $199.7M ($0.77/share).
- Appointed Brian Duffy as CRO, effective Jan 1, 2025 (ex-SAP Cloud President, ex-SoftwareOne CEO).
- Board authorized $1.5B share repurchase, to start after existing $1.0B program completes.
- Cash flow from ops $80.5M, free cash flow $74.3M; cash + securities $2.2B.

## SEC filing metadata
- accession: 0001650372-24-000054
- form_type: 8-K
- ticker: TEAM
- cik: 0001650372
- company_name: Atlassian Corp
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650372/000165037224000054/0001650372-24-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650372/000165037224000054/team-20241031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001650372-24-000054
- JSON: https://secwatch.observer/filing/0001650372-24-000054.json
- Plain text: https://secwatch.observer/filing/0001650372-24-000054.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.