Atlassian Corporation (TEAM) financials

NASDAQ · Technology · Software - Application · 13,301 employees · CEO Michael Cannon-Brookes

Price: $191.72 -6.07%
Market cap: $48.5B
Enterprise value: $48.5B
Last report: Q4 '26 filed 2026-08-14
Next report: 2026-11-05 EPS est. $1.39

Revenue (TTM)$6.57B+26.0% vs a year agoLast 4 quarters; bars = each quarter

Operating margin (TTM)0.2%+2.7 pp vs a year agoOperating income $10.4M

Net income (TTM)-$53.8M+79.0% vs a year agoAfter tax, incl. non-operating gains

Free cash flow (TTM)$1.32B-6.8% vs a year agoCapex $34.1M

Diluted EPS (TTM)-$0.21+78.8% vs a year agoSum of the last 4 quarters

Net cash$6.6M-99.6% vs a year agoCash + short-term investments - debt

Valuation & key figures

Market cap: $48.5B
Revenue: $6.57B
Revenue growth: +13%
Profit margin: -0.8%
P/E: -913.0×
P/S: 7.4×
EV / EBITDA: 228.8×
Free cash flow: $1.32B
Net income: -$53.8M
Revenue estimate: $7.45B
Earnings: 2026-11-05
Dividend: –

Key takeaways

Computed from the reported numbers - every statement carries the figure it rests on.

Last report (2026-08-06): revenue beat by 6.2%, EPS beat by 24.7%Revenue $1.77B vs $1.66B expected (+6.2%); EPS $1.87 vs $1.50 (+24.7%).
Revenue growth accelerating: 27.6% year on yearQ4 '26 revenue $1.77B, against an average of 24.5% over the four quarters before.
Operating margin 0.2% (TTM), +2.7 pp on a year agoOperating income grew 107.9% while revenue grew 26.0%.
53.0% of pre-tax profit is non-operatingPre-tax income $22.1M vs operating income $10.4M (TTM). Gains on equity stakes and other one-off items lift net income and EPS - operating income is the cleaner measure of the business.
Capex 0.5% of revenue (a year ago 0.9%)$34.1M invested in the last 4 quarters (-24.1% on a year earlier). Free cash flow $1.32B.
Returned $1.8B to shareholders = 136.5% of free cash flowBuybacks $1.8B (a year earlier $811M), dividends $0, stock-based pay $1.61B (TTM). More than the free cash flow: paid from cash or debt.
Diluted share count down 3.6% in a year253M diluted shares in Q4 '26, 263M a year earlier.
Net cash $6.6MCash + short-term investments $1.24B, debt incl. leases $1.23B; a year ago net cash $1.7B.

Last quarter: Q4 '26

Quarter ended 2026-06-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.

Quarter vs a year ago

	Q4 '26	Year ago	Change
Revenue	$1.77B	$1.38B	+27.6%
Gross margin	86.9%	83.1%	+3.8 pp
Operating income	$211M	-$28.5M	+839.9%
Operating margin	11.9%	-2.1%	+14.0 pp
Net income	$139M	-$23.9M	+681.8%
Diluted EPS	$0.53	-$0.09	+683.1%
Operating cash flow	$479M	$375M	+27.7%
Capex	$4.45M	$15M	-70.3%
Free cash flow	$475M	$360M	+31.7%
R&D	$760M	$701M	+8.5%
Stock-based compensation	$394M	$351M	+12.5%

Reported vs consensus

2026-08-06

	Actual	Consensus	vs consensus
Revenue	$1.77B	$1.66B	+6.2%
EPS (as estimated)	$1.87	$1.50	+24.7%

From the report of 2026-08-06 for Q4 '26: revenue and the EPS analysts estimate (often adjusted), so it can differ from the EPS of the statements above.

EPS vs consensus

last 8 reports

Revenue

Where the money comes from - by business line and by region, quarter by quarter.

Revenue, operating income and growth

quarterly

Revenue by business line

stacked, quarterly

Segment	Q4 '26	y/y	Share	TTM	TTM y/y	12 quarters
License and Service	$1.68B	+28.1%	95.2%	$6.26B	+27.0%
Product and Service, Other	$85.3M	+18.8%	4.8%	$310M	+8.9%

Revenue by region

share of total

Segment	Q4 '26	y/y	Share	TTM	TTM y/y
Americas	$876M	+29.5%	26.2%	$3.17B	+25.8%
United States	$768M	–	23.0%	$2.76B	–
EMEA	$700M	+25.5%	20.9%	$2.69B	+26.8%
Other EMEA	$528M	–	15.8%	$2B	–
GERMANY	$172M	–	5.1%	$692M	–
Asia Pacific	$191M	+26.7%	5.7%	$713M	+24.2%
Other Americas	$108M	–	3.2%	$406M	–

Margins & cost structure

How much of each unit of revenue is left at each level - and where the costs go.

Margins

quarterly

Costs as % of revenue

quarterly

Cash flow & capital allocation

Cash generated, what it is spent on, and what reaches shareholders.

Operating cash flow, capex, free cash flow

quarterly

Uses of cash vs operating cash flow

fiscal years

Last 4 quarters

cash flow statement

Operating cash flow: $1.35B
Capex: -$34.1M
Buybacks: -$1.8B
Dividends: $0
Acquisitions: -$1.23B
Net debt issued: $0
Stock-based compensation: $1.61B
Free cash flow: $1.32B
Returned to shareholders / FCF: 136.5%

Share count and EPS

quarterly, diluted

Balance sheet

Liquidity, investments and debt at each quarter end.

Cash, investments and debt

quarter ends

Valuation & returns

Today's multiples against the company's own last five fiscal years; analyst targets and ratings.

Multiples and returns

TTM vs 5 fiscal years

	Now	5y average	Where today sits in the 5-year range
P/E (TTM)	-913.0×	–	–
EV / EBITDA	228.8×	1,302.1× 3 of 5 years	95.4× – 2,159.5×
EV / Sales	7.4×	10.5×	3.1× – 16.9×
Price / FCF	36.8×	40.0×	15.3× – 63.3×
Price / Book	45.8×	62.8×	19.1× – 145.0×
FCF yield	2.7%	3.2%	1.6% – 6.5%
Return on invested capital	-1.0%	-4.4%	-16.0% – 4.0%
Return on equity	-4.4%	-57.3%	-158.7% – -5.1%

Analysts

Consensus target $207.59 (+8.3%)
range $110.00 – $260.00 · rating Buy

Strong buy0

Buy31

Hold13

Sell0

Strong sell0

Outlook

Analyst consensus for the coming fiscal years and what it implies at today's price.

Consensus estimates

Fiscal year	Revenue	Growth	EPS	Growth	P/E at today's price	Analysts (EPS)
FY2027	$7.45B	+13.4%	$5.50	+2,721.1%	34.8×	16
FY2028	$8.57B	+15.1%	$6.70	+21.7%	28.6×	8
FY2029	$10.1B	+17.3%	$8.47	+26.5%	22.6×	5
FY2030	$11.1B	+10.3%	$8.99	+6.1%	21.3×	3
FY2031	$12.4B	+12.1%	$0.00	-100.0%	–	4

Financial statements

Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.

Income statementRevenue, costs, operating income, net income and EPSOpen Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Every reported line

All 254 figures Atlassian Corporation tagged in its recent 10-Q / 10-K filings, with the official SEC label and definition - including the notes (leases, taxes, buybacks, employees, ...).

Line (SEC label)	Latest quarter	Year ago	y/y	Latest FY	Prior FY	y/y
	–	–	–	-$4.64M	–	–
	–	–	–	-21.0%	–	–
	–	–	–	$42.2M	–	–
	–	–	–	1.92	–	–
	–	–	–	-$7.11M	–	–
	–	–	–	$930K	–	–
Accounts Payable, Current	$263M	$222M	+18.2%	$263M	$222M	+18.2%
Accounts Receivable, after Allowance for Credit Loss, Current	$1.27B	$778M	+63.2%	$1.27B	$778M	+63.2%
Accrued Employee Benefits, Current	$468M	$423M	+10.8%	$468M	$423M	+10.8%
Accrued Liabilities, Current	$765M	$682M	+12.2%	$765M	$682M	+12.2%
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$156M	$148M	+5.8%	$156M	$148M	+5.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax	-$17M	$13.2M	-228.8%	-$17M	$13.2M	-228.8%
Additional Paid in Capital	$7.18B	$5.57B	+28.8%	$7.18B	$5.57B	+28.8%
Advertising Expense	–	–	–	$206M	$153M	+34.8%
Amortization of Deferred Hedge Gains	$0	-$5.99M	+100.0%	-$7.16M	-$26.3M	+72.8%
Amortization of Intangible Assets	$31.2M	$13.8M	+126.1%	$102M	$55.5M	+82.9%
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1.04M	-487K	+313.6%	17.3M	7.45M	+132.2%
AOCI, Cash Flow Hedge, Cumulative Gain (Loss), after Tax	$6.34M	$24.7M	-74.3%	$6.34M	$24.7M	-74.3%
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	$394M	$351M	+12.5%	$1.61B	$1.36B	+17.9%
Asset Impairment Charges	$0	$0	–	$80.3M	$0	–
Assets	$6.1B	$6.04B	+1.0%	$6.1B	$6.04B	+1.0%
Assets, Current	$2.8B	$3.89B	-28.1%	$2.8B	$3.89B	-28.1%
Assets, Fair Value Disclosure	$745M	$2.22B	-66.5%	$745M	$2.22B	-66.5%
Business Acquisition, Goodwill, Expected Tax Deductible Amount	$02025-10-20	–	–	$02025-10-20	–	–
Capital Expenditures Incurred but Not yet Paid	$15.6M	$4.88M	+219.2%	$19.5M	$10.5M	+85.7%
Capitalized Contract Cost, Amortization	$19.6M	$11.4M	+71.5%	$68.1M	$40.2M	+69.2%
Capitalized Contract Cost, Impairment Loss	–	–	–	$0	$0	–
Capitalized Contract Cost, Net	$203M	$136M	+49.2%	$203M	$136M	+49.2%
Capitalized Contract Cost, Net, Current	$76M	$50.2M	+51.3%	$76M	$50.2M	+51.3%
Capitalized Contract Cost, Net, Noncurrent	$127M	$86.1M	+47.9%	$127M	$86.1M	+47.9%
Cash and Cash Equivalents, at Carrying Value	$1.24B	$2.51B	-50.7%	$1.24B	$2.51B	-50.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$1.25B	$2.51B	-50.3%	$1.25B	$2.51B	-50.3%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$112M	-$148M	+176.0%	-$1.26B	$336M	-476.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$134M	$15.7M	+756.8%	-$84.1M	-$269M	+68.7%
Contract with Customer, Asset, after Allowance for Credit Loss	$53.5M	$3.3M	+1,521.2%	$53.5M	$3.3M	+1,521.2%
Contract with Customer, Liability	$2.66B	$2.48B	+7.3%	$2.66B	$2.48B	+7.3%
Contract with Customer, Liability, Current	$2.5B	$2.23B	+12.1%	$2.5B	$2.23B	+12.1%
Contract with Customer, Liability, Noncurrent	$166M	$254M	-34.6%	$166M	$254M	-34.6%
Contractual Obligation	$4.69B	$2.73B	+72.2%	$4.69B	$2.73B	+72.2%
Contractual Obligation, to be Paid, after Year Five	$1.27B	$1.13B	+13.3%	$1.27B	$1.13B	+13.3%
Contractual Obligation, to be Paid, Year Five	$709M	$190M	+272.1%	$709M	$190M	+272.1%
Contractual Obligation, to be Paid, Year Four	$631M	$128M	+393.4%	$631M	$128M	+393.4%
Contractual Obligation, to be Paid, Year One	$691M	$474M	+45.8%	$691M	$474M	+45.8%
Contractual Obligation, to be Paid, Year Three	$660M	$266M	+148.4%	$660M	$266M	+148.4%
Contractual Obligation, to be Paid, Year Two	$730M	$543M	+34.3%	$730M	$543M	+34.3%
Cost of Goods and Services Sold	$238M	$234M	+1.7%	$997M	$895M	+11.4%
Current Federal Tax Expense (Benefit)	–	–	–	$1.27M	-$1.25M	+201.7%
Current Foreign Tax Expense (Benefit)	–	–	–	$94.2M	$150M	-37.1%
Current Income Tax Expense (Benefit)	–	–	–	$99M	$153M	-35.4%
Current State and Local Tax Expense (Benefit)	–	–	–	$3.47M	$4.53M	-23.4%
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	$10.4M	$12.3M	-15.2%	$10.4M	$12.3M	-15.2%
Debt Issuance Costs Incurred During Noncash or Partial Noncash Transaction	–	–	–	$0	$0	–
Debt Securities, Realized Gain (Loss)	$0	$0	–	$228K	$0	–
Deferred Federal Income Tax Expense (Benefit)	–	–	–	-$22.7M	$927K	-2,546.7%
Deferred Foreign Income Tax Expense (Benefit)	–	–	–	$925K	$1.86M	-50.2%
Deferred Income Tax Assets, Net	$4.09M	$3.76M	+8.7%	$4.09M	$3.76M	+8.7%
Deferred Income Tax Expense (Benefit)	$14.5M	$5.78M	+150.4%	-$23.1M	$4.6M	-602.0%
Deferred Income Tax Liabilities, Net	$27.9M	$23.9M	+16.6%	$27.9M	$23.9M	+16.6%
Deferred Income Taxes and Tax Credits	–	–	–	-$23.1M	$4.05M	-669.9%
Deferred State and Local Income Tax Expense (Benefit)	–	–	–	-$1.33M	$1.81M	-173.5%

Source: SEC companyfacts (XBRL of every 10-Q / 10-K). Cash-flow quarters are derived from the year-to-date figures the 10-Q tags. Segment breakdowns are tagged with dimensions and are shown in the segment section instead.

Sources

Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-K 2026-06-30, 10-Q 2026-03-31, 10-Q 2025-12-31, 10-Q 2025-09-30, 10-K 2025-06-30, 10-Q 2025-03-31, 10-Q 2024-12-31, 10-Q 2024-09-30

Data as of 2026-11-02