Mike Cannon-Brookes
AI/Machine Learning

Atlassian tops US$5 billion in revenue and losses continue, but shrink, as Mike Cannon-Brookes declares ‘I’m not going anywhere’

- August 8, 2025 3 MIN READ

Quarterly revenue of US$1,384m, up 22% Quarterly subscription revenue of $1,313m, up 23% Quarterly operating loss of $28.5m Atlassian president departs Atlassian generated US$5.2 billion in revenue in the 2025 financial year, up 20% on 12 months ago, but two decades of annual losses continue as the business heads into its 24th year. Releasing stronger-than-expected… Read more »

Business

Atlassian shares tank after another quarterly loss

- May 5, 2025 2 MIN READ

Share in US-listed Atlassian (Nasdaq: TEAM) are down around 10% over the past week, at one stage dipping below US$190 following a 17% plunge when the Australian workplace software company released its March quarter earnings with another loss alongside longer-than-expected fourth-quarter guidance. Q3 revenue was up 14% on 12 months ago to US$1.4 billion, with… Read more »

Mike Cannon-Brookes
Business

Atlassian had a kick-arse quarter and is now generating more than $8 billion in annual revenue

- January 31, 2025 2 MIN READ

Atlassian ‘s share price is up more than 26% in the first month of 2025, with the software company’s December quarter results thrilling investors as subscription revenue beat forecasts, growing by 30% in 12 months. Cofounder and CEO Mike Cannon-Brookes has effectively seen his personal wealth double in just six months as the tech stock’s… Read more »

Atlassian, Mike Cannon-Brookes, Scott Farquhar.
Business

Atlassian shares plunge after another quarterly loss

- February 3, 2023 3 MIN READ

Nasdaq-listed Australian software giant Atlassian has seen its shares fall more than 10% in after hours trade following the release of its December quarter results, which posted a US$99.2 million loss. The loss compares to a rare profit of $23 million 12 months earlier. Now in its 21st year of operations, Atlassian has yet to… Read more »

knights, joust, horse
ASX

Altium shares soar after knocking back Autodesk’s $5bn takeover bid

- June 7, 2021 2 MIN READ

Shares in ASX-listed software venture Altium (ASX: ALU) jumped 40% after the company rejected an unsolicited $5 billion takeover offer from NASDAQ-listed multinational software behemoth Autodesk. The non-binding, indicative and unsolicited offer from for 100% of Altium at A$38.50 per share, by way of a scheme of arrangement, was rejected as “significantly” undervaluing the business,… Read more »

Topic

SPAC ATTACK: Brisbane EV charging venture Tritium heads to NASDAQ listing with $1.55 billion valuation

- May 27, 2021 3 MIN READ

Brisbane-based electric vehicle fast charging company Tritium will list on the NASDAQ exchange under a deal with a US listed special purpose acquisition company (SPAC) Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN) that values the 20-year-old Australian business at A$1.55 billion (US$1.2bn). Founded in 2001 by e-mobility pioneers Dr David Finn, James Kennedy, and Dr… Read more »

Topic

Atlassian just had another massive year with $2.2 billion in sales – but it’s still running at a loss

- July 31, 2020 3 MIN READ

Atlassian Corporation saw revenue in the June quarter jump by 29% on 12 months ago, while total revenue for FY2020 hit US$1.6 billion (A$2.2 bn), up 33% from 2019. The US-listed (Nasdaq: TEAM) Australian software giant posted total revenue was US$430.5 million for the fourth quarter of fiscal year 2020 alongside an operating loss of… Read more »