Atlassian Corp Plc Financials
Atlassian Corp Plc (TEAM) reported $6.6B in revenue for fiscal year 2026, up 26.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Very high gross margins fund heavy product reinvestment, keeping Atlassian near accounting breakeven while the business still throws off cash.
Over the last three years, operating margin moved from-9.8% to0.2% while gross margin barely moved, suggesting the path toward breakeven came mainly from fixed-cost absorption as revenue scaled. Yet FY2026 still ended with tighter short-term liquidity:$1.8B buybacks and a bigger receivables load left the current ratio at 0.8x.
Research spending reached nearly
Free cash flow stayed above
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Atlassian Corp Plc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Atlassian Corp Plc has an operating margin of 0.2%, meaning the company retains less than $1 of operating profit per $100 of revenue. This results in a moderate score of 31/100, indicating healthy but not exceptional operating efficiency. This is up from -2.5% the prior year.
Atlassian Corp Plc's revenue surged 26.0% year-over-year to $6.6B, reflecting rapid business expansion. This strong growth earns a score of 84/100.
Atlassian Corp Plc carries a low D/E ratio of 0.93, meaning only $0.93 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.
Atlassian Corp Plc's current ratio of 0.78 is below the typical benchmark, resulting in a score of 11/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Atlassian Corp Plc converts 20.1% of revenue into free cash flow ($1.3B). This strong cash generation earns a score of 91/100.
Atlassian Corp Plc posts a -5.1% return on equity (ROE), meaning it loses $5 for every $100 of shareholders' equity. This results in a returns score of 29/100. This is up from -19.1% the prior year.
Atlassian Corp Plc scores 4.78, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($44.1B) relative to total liabilities ($5.0B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Atlassian Corp Plc passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
Atlassian Corp Plc reported a net loss of $53.8M while generating $1.4B in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Atlassian Corp Plc earns $0.21 in operating income for every $1 of interest expense ($10.4M vs $49.5M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Atlassian Corp Plc generated $6.6B in revenue in fiscal year 2026. This represents an increase of 26.0% from the prior year.
Atlassian Corp Plc's EBITDA was $151.0M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 497.3% from the prior year.
Atlassian Corp Plc reported -$53.8M in net income in fiscal year 2026. This represents an increase of 79.0% from the prior year.
Atlassian Corp Plc earned -$0.21 per diluted share (EPS) in fiscal year 2026. This represents an increase of 78.6% from the prior year.
Cash & Balance Sheet
Atlassian Corp Plc generated $1.3B in free cash flow in fiscal year 2026, representing cash available after capex. This represents a decrease of 6.8% from the prior year.
Atlassian Corp Plc held $1.2B in cash against $989.6M in long-term debt as of fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
Atlassian Corp Plc's gross margin was 84.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 2.0 percentage points from the prior year.
Atlassian Corp Plc's operating margin was 0.2% in fiscal year 2026, reflecting core business profitability. This is up 2.7 percentage points from the prior year.
Atlassian Corp Plc's net profit margin was -0.8% in fiscal year 2026, showing the share of revenue converted to profit. This is up 4.1 percentage points from the prior year.
Atlassian Corp Plc's ROE was -5.1% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 14.0 percentage points from the prior year.
Capital Allocation
Atlassian Corp Plc invested $3.3B in research and development in fiscal year 2026. This represents an increase of 22.5% from the prior year.
Atlassian Corp Plc spent $1.8B on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 131.0% from the prior year.
Atlassian Corp Plc invested $34.1M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 24.1% from the prior year.
TEAM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Revenue | $6.6B+26.0% | $5.2B+19.7% | $4.4B+23.3% | $3.5B+26.1% | $2.8B+34.2% | $2.1B |
| Cost of Revenue | $996.8M+11.4% | $894.9M+11.4% | $803.5M+26.8% | $633.8M+39.9% | $452.9M+36.5% | $331.9M |
| Gross Profit | $5.6B+29.0% | $4.3B+21.5% | $3.6B+22.6% | $2.9B+23.4% | $2.3B+33.7% | $1.8B |
| R&D Expenses | $3.3B+22.5% | $2.7B+22.2% | $2.2B+16.8% | $1.9B+44.7% | $1.3B+38.5% | $933.0M |
| SG&A Expenses | $754.7M+16.6% | $647.0M+6.0% | $610.6M+0.7% | $606.4M+34.1% | $452.2M+45.3% | $311.2M |
| Operating Income | $10.4M+107.9% | -$130.4M-11.4% | -$117.1M+66.1% | -$345.2M-592.6% | $70.1M-50.4% | $141.4M |
| Interest Expense | $49.5M+61.9% | $30.6M-10.4% | $34.1M+13.0% | $30.1M-27.3% | $41.5M-55.2% | $92.6M |
| Income Tax | $75.9M-51.9% | $157.8M-26.6% | $215.1M+22.5% | $175.6M+261.6% | $48.6M-24.8% | $64.6M |
| Net Income | -$53.8M+79.0% | -$256.7M+14.6% | -$300.5M+38.3% | -$486.8M+6.3% | -$519.5M+10.3% | -$579.0M |
| EPS (Diluted) | -$0.21+78.6% | -$0.98+15.5% | -$1.16+38.9% | -$1.90+7.3% | -$2.05+11.6% | -$2.32 |
TEAM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Total Assets | $6.1B+1.0% | $6.0B+15.9% | $5.2B+26.9% | $4.1B+23.4% | $3.3B | N/A |
| Current Assets | $2.8B-28.1% | $3.9B+26.5% | $3.1B+12.4% | $2.7B+44.3% | $1.9B | N/A |
| Cash & Equivalents | $1.2B-50.7% | $2.5B+15.4% | $2.2B+3.5% | $2.1B+51.8% | $1.4B+50.7% | $919.2M |
| Accounts Receivable | $1.3B+63.2% | $778.3M+23.9% | $628.0M+31.5% | $477.7M+55.0% | $308.1M | N/A |
| Goodwill | $2.3B+76.5% | $1.3B+1.2% | $1.3B+77.2% | $727.2M+0.6% | $722.8M+1.0% | $715.9M |
| Total Liabilities | $5.0B+7.4% | $4.7B+12.4% | $4.2B+21.1% | $3.5B+15.1% | $3.0B | N/A |
| Current Liabilities | $3.6B+12.3% | $3.2B+21.9% | $2.6B+28.7% | $2.0B+27.2% | $1.6B | N/A |
| Long-Term Debt | $989.6M+0.2% | $987.7M+0.2% | $985.9M+2.5% | $962.1M-3.7% | $999.4M | N/A |
| Total Equity | $1.1B-21.3% | $1.3B+30.3% | $1.0B+57.8% | $654.7M+100.0% | $327.4M+4.5% | $313.3M |
| Retained Earnings | -$6.1B-43.9% | -$4.2B-32.4% | -$3.2B-27.7% | -$2.5B-34.3% | -$1.9B | N/A |
Not reported in any period shown, so not listed: Inventory.
TEAM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.4B-7.3% | $1.5B+0.8% | $1.4B+66.8% | $868.1M+5.7% | $821.0M+3.9% | $790.0M |
| Capital Expenditures | $34.1M-24.1% | $44.9M+35.4% | $33.1M+28.3% | $25.8M-63.4% | $70.6M+123.9% | $31.5M |
| Free Cash Flow | $1.3B-6.8% | $1.4B0.0% | $1.4B+68.0% | $842.3M+12.2% | $750.5M-1.1% | $758.4M |
| Investing Cash Flow | -$806.9M-135.7% | -$342.3M+64.5% | -$963.7M-76509.4% | -$1.3M-103.4% | $36.5M-85.9% | $259.3M |
| Financing Cash Flow | -$1.8B-130.1% | -$782.6M-91.7% | -$408.2M-175.0% | -$148.4M+62.8% | -$399.3M+75.1% | -$1.6B |
| Share Buybacks | $1.8B+131.0% | $779.4M+97.2% | $395.3M+163.5% | $150.0M | $0 | $0 |
Not reported in any period shown, so not listed: Dividends Paid.
TEAM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Gross Margin | 84.8%+2.0pp | 82.8%+1.3pp | 81.6%-0.5pp | 82.1%-1.8pp | 83.8%-0.3pp | 84.1% |
| Operating Margin | 0.2%+2.7pp | -2.5%+0.2pp | -2.7%+7.1pp | -9.8%-12.3pp | 2.5%-4.3pp | 6.8% |
| Net Margin | -0.8%+4.1pp | -4.9%+2.0pp | -6.9%+6.9pp | -13.8%+4.8pp | -18.5%+9.2pp | -27.7% |
| Return on Equity | -5.1%+14.0pp | -19.1%+10.0pp | -29.1%+45.3pp | -74.4%+84.3pp | -158.7%+26.1pp | -184.8% |
| Return on Assets | -0.9%+3.4pp | -4.3%+1.5pp | -5.8%+6.1pp | -11.8%+3.8pp | -15.6% | N/A |
| Current Ratio | 0.78-0.4x | 1.220.0x | 1.18-0.2x | 1.35+0.2x | 1.19 | N/A |
| Debt-to-Equity | 0.93+0.2x | 0.73-0.2x | 0.95-0.5x | 1.47-1.6x | 3.05 | N/A |
| FCF Margin | 20.1%-7.1pp | 27.1%-5.3pp | 32.5%+8.6pp | 23.8%-2.9pp | 26.8%-9.5pp | 36.3% |
Note: The current ratio is below 1.0 (0.78), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Atlassian Corp Plc Ranks
Frequently Asked Questions
What is Atlassian Corp Plc's annual revenue?
Atlassian Corp Plc (TEAM) reported $6.6B in total revenue for fiscal year 2026. This represents a 26.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Atlassian Corp Plc's revenue growing?
Atlassian Corp Plc (TEAM) revenue grew by 26.0% year-over-year, from $5.2B to $6.6B in fiscal year 2026.
Is Atlassian Corp Plc profitable?
No, Atlassian Corp Plc (TEAM) reported a net income of -$53.8M in fiscal year 2026, with a net profit margin of -0.8%.
What is Atlassian Corp Plc's EBITDA?
Atlassian Corp Plc (TEAM) had EBITDA of $151.0M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Atlassian Corp Plc have?
As of fiscal year 2026, Atlassian Corp Plc (TEAM) had $1.2B in cash and equivalents against $989.6M in long-term debt.
What is Atlassian Corp Plc's gross margin?
Atlassian Corp Plc (TEAM) had a gross margin of 84.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Atlassian Corp Plc's operating margin?
Atlassian Corp Plc (TEAM) had an operating margin of 0.2% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Atlassian Corp Plc's net profit margin?
Atlassian Corp Plc (TEAM) had a net profit margin of -0.8% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Atlassian Corp Plc's return on equity (ROE)?
Atlassian Corp Plc (TEAM) has a return on equity of -5.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Atlassian Corp Plc's free cash flow?
Atlassian Corp Plc (TEAM) generated $1.3B in free cash flow during fiscal year 2026. This represents a -6.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Atlassian Corp Plc's operating cash flow?
Atlassian Corp Plc (TEAM) generated $1.4B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Atlassian Corp Plc's total assets?
Atlassian Corp Plc (TEAM) had $6.1B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Atlassian Corp Plc's capital expenditures?
Atlassian Corp Plc (TEAM) invested $34.1M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Atlassian Corp Plc spend on research and development?
Atlassian Corp Plc (TEAM) invested $3.3B in research and development during fiscal year 2026.
What is Atlassian Corp Plc's current ratio?
Atlassian Corp Plc (TEAM) had a current ratio of 0.78 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.
What is Atlassian Corp Plc's debt-to-equity ratio?
Atlassian Corp Plc (TEAM) had a debt-to-equity ratio of 0.93 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Atlassian Corp Plc's return on assets (ROA)?
Atlassian Corp Plc (TEAM) had a return on assets of -0.9% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Atlassian Corp Plc's Altman Z-Score?
Atlassian Corp Plc (TEAM) has an Altman Z-Score of 4.78, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Atlassian Corp Plc's Piotroski F-Score?
Atlassian Corp Plc (TEAM) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Atlassian Corp Plc's earnings high quality?
Atlassian Corp Plc (TEAM) reported a net loss of $53.8M while generating $1.4B in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Atlassian Corp Plc cover its interest payments?
Atlassian Corp Plc (TEAM) has an interest coverage ratio of 0.21x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Atlassian Corp Plc?
Atlassian Corp Plc (TEAM) scores 57 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.