Filing Flows › Atlassian (TEAM) › Q4 FY25
Atlassian (TEAM) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Aug 15, 2025
Atlassian (TEAM) reported revenue of $1.4B for the fourth quarter fiscal 2025 (Q4 FY25), +22% from a year earlier and +2% from the quarter before. Operating margin was -2.1%, net loss $23.9M (1.7% of revenue).
Atlassian, Q4 FY25: revenue $1.4B (+22% year over year), operating margin -2.1%, net loss $23.9M, operating cash flow $375M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +2% | +22% |
| Operating profit | −$28.5M | — | — |
| Net earnings | −$23.9M | — | — |
| Operating cash flow | $375M | -42% | -12% |
| Free cash flow | $360M | -44% | -13% |
What changed
Revenue was $1.4B in Q4 FY25, up 22% year over year and up 2% from the previous quarter. Cloud was the largest line at 67% of revenue.
Gross margin was 83.1%, up 2.3 points from a year earlier. Operating costs exceeded revenue by $0.03B, an operating margin of -2.1%. Operating expenses grew 20% against revenue growth of 22%. The fastest-growing cost line was Sales & marketing (+31%). The quarter ended with a net loss of $0.02B, narrower than the previous quarter's $0.07B loss. Non-operating items added $0.01B, -101% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.38B (down 12% year over year). Non-cash charges added back $0.02B of depreciation and amortization and $0.35B of share-based compensation. Working capital and other items added $0.03B. Capital expenditures of $0.01B left free cash flow of $0.36B.
Questions
What was Atlassian's revenue in the fourth quarter fiscal 2025?
Atlassian (TEAM) reported revenue of $1.4B for the fourth quarter fiscal 2025 (Q4 FY25), +22% from a year earlier and +2% from the quarter before.
Was Atlassian profitable in the fourth quarter fiscal 2025?
Operating loss was $28.5M (-2.1% of revenue) and net loss $23.9M.
Source: Atlassian 10-K on SEC EDGAR.