Atlassian Plc Stock Price, News & Analysis
Company Description
Atlassian Corporation (NASDAQ: TEAM) is a software company in the information sector that focuses on team collaboration and productivity. According to its public filings and press releases, Atlassian produces software that helps teams work together more efficiently and effectively, with a particular emphasis on software development, work management, and enterprise service management. The company is classified under software publishers and is headquartered in Sydney, with principal executive offices in San Francisco, California.
Atlassian describes its mission as unleashing the potential of every team. Its collaboration software is used by more than 300,000 customers worldwide and powers over 80% of the Fortune 500. Named customers in recent disclosures include NASA, Rivian, Deutsche Bank, United Airlines, and Bosch. These organizations rely on Atlassian’s tools to connect business and technology teams and to drive work forward across a variety of workflows.
The company offers project planning and management software, collaboration tools, and IT help desk solutions. Atlassian’s products and services are organized economically into four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts attached to perpetual license sales that provide support and periodic updates), perpetual license (upfront sales for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). This structure reflects a mix of cloud-based and license-based models, along with services and an ecosystem of third-party applications.
In its recent communications, Atlassian emphasizes an AI-powered system of work that connects business and technology teams and unlocks productivity at scale. The company highlights AI offerings such as Rovo and an underlying Teamwork Graph, which uses more than two decades of teamwork data to support personalized search, chat, and agentic workflows. Atlassian reports millions of monthly active users of its AI capabilities across its platform and positions its system of work as a way to orchestrate collaboration between humans and AI.
Atlassian also focuses on cloud transformation for enterprises. The company has announced initiatives to support customers’ journeys from self-managed and data center deployments to Atlassian Cloud, including Atlassian Ascend and plans to end-of-life its data center products over time. It has entered multi-year strategic partnerships with large cloud providers such as AWS and Google Cloud. Through these partnerships, Atlassian makes its cloud apps, including Jira, Confluence, Jira Service Management, and Loom, available via cloud marketplaces, and integrates with services like AWS Security Hub, Amazon QuickSight MCP, Google Workspace, and Gemini models.
Atlassian’s strategy includes deep integrations and collections that group its applications and AI capabilities. The company has launched offerings such as Software Collection and Service Collection. Software Collection is described as an AI-native software development lifecycle suite that brings together tools like Rovo Dev, Bitbucket, Bitbucket Pipelines, and Compass to improve productivity and accelerate delivery. Service Collection unites Jira Service Management, a Customer Service Management app, Assets, and Rovo agents into an AI-powered solution for delivering service experiences to employees and customers.
Atlassian has also expanded into engineering intelligence and browser-based knowledge work through acquisitions. It entered into a definitive agreement to acquire DX, a developer intelligence platform focused on measuring and improving developer productivity and satisfaction, and later announced the completion of that acquisition. DX is being integrated into Atlassian’s System of Work and Software Collection to give engineering leaders qualitative and quantitative insights into developer experience and the impact of AI investments. In another transaction, Atlassian agreed to acquire and then completed the acquisition of The Browser Company of New York, the company behind the Dia and Arc browsers. Together, they intend to build an AI-powered browser optimized for knowledge work, SaaS applications, and enterprise security.
The company’s governance and shareholder communications are documented in its SEC filings. Atlassian files annual proxy statements (DEF 14A) that describe its values, board structure, and compensation plans. Its stated values include operating as an open company, emphasizing teamwork, building with heart and balance, encouraging employees to be the change they seek, and prioritizing customers. The proxy materials also outline proposals such as the election of directors, ratification of auditors, advisory votes on executive compensation, and amendments to share incentive and employee share purchase plans.
Atlassian’s current trading status is that of an active public company listed on the NASDAQ under the ticker symbol TEAM. Recent Form 8-K filings show routine corporate events, including quarterly earnings announcements, share repurchase program authorizations, director appointments and retirements, and disclosures related to acquisitions. There is no indication in the provided materials of delisting, deregistration, or bankruptcy.
Business Model and Revenue Segments
According to the Polygon description and company disclosures, Atlassian generates revenue through multiple segments tied to its software and services:
- Subscriptions: Term licenses and cloud agreements that provide time-limited access to Atlassian software, particularly its cloud offerings.
- Maintenance: Annual maintenance contracts associated with perpetual licenses, providing support and periodic updates.
- Perpetual License: Upfront sales that grant customers indefinite usage rights to the software.
- Other: Training, strategic consulting, and revenue from the Atlassian Marketplace app store, where third-party and Atlassian-built apps extend core products.
This mix reflects Atlassian’s evolution toward a cloud-first, subscription-based model while still supporting legacy perpetual license and maintenance arrangements and an ecosystem of partners and developers.
Industry Position and Focus Areas
Atlassian characterizes itself as a recognized leader in software development, work management, and enterprise service management software. Its platform is designed to connect business and technology teams and to support a wide range of workflows, from software development to service delivery and cross-functional projects. The company’s communications emphasize its reach across more than 300,000 customers and a large portion of the Fortune 500, indicating broad adoption in both large enterprises and other organizations.
Within the software publishers industry, Atlassian focuses on:
- Team collaboration and productivity software for knowledge workers.
- AI-powered capabilities embedded in its system of work, including Rovo and Rovo Dev.
- DevOps and software development lifecycle tools, as reflected in its recognition in the Gartner Magic Quadrant for DevOps Platforms.
- Enterprise service management through tools that support internal and external service experiences.
- Cloud transformation initiatives that help customers migrate from self-managed deployments to Atlassian Cloud on infrastructure such as AWS and Google Cloud.
Corporate Governance and Shareholder Matters
Atlassian’s proxy statement and Form 8-K filings provide insight into its governance. The company holds annual meetings of stockholders, where shareholders vote on the election of directors, ratification of the independent registered public accounting firm, advisory votes on named executive officer compensation, and amendments to equity and employee share purchase plans. Voting rights reflect its dual-class structure, with Class A and Class B common stock carrying different voting power per share.
The board of directors oversees committees such as the Compensation and Leadership Development Committee and the Audit Committee. Recent filings describe changes in board composition, including the retirement of a long-serving director and the appointment of a new director with experience in AI and developer tools. The company also discloses non-employee director compensation, equity awards, and indemnification arrangements.
Strategic Partnerships and Ecosystem
Atlassian has entered into strategic collaboration agreements with major cloud providers. A multi-year partnership with AWS includes listing Atlassian cloud apps on AWS Marketplace, joint integrations that connect AWS services with Atlassian solutions, and initiatives like a Cloud Center of Excellence to support complex migrations. Another multi-year partnership with Google Cloud extends Atlassian’s multi-cloud strategy, bringing its apps to Google Cloud’s infrastructure and enabling integrations with Google Workspace and Gemini models.
These partnerships are intended to support enterprise customers in cloud adoption, AI-driven workflows, and integrated procurement via cloud marketplaces. Atlassian’s ecosystem also includes the Atlassian Marketplace app store and the Forge development platform, where developers can build apps and, as described in recent announcements, will gain access to large language models hosted on Atlassian’s cloud platform and powered by Amazon Bedrock.
Company History
According to the Polygon description, Atlassian was founded in 2002 and is headquartered in Sydney. Over time, it has expanded its operations and established principal executive offices in San Francisco, California, as reflected in its SEC filings. The company chose TEAM as its ticker symbol to reflect its focus on teamwork and collaboration.