Logo

TEAM

Atlassian Corporation

TEAM

Atlassian Corporation • NASDAQ
$149.52 ▲ 1.01% (+1.49)
Market Cap $39.24 B
52w High $326.00
52w Low $139.70
Dividend Yield 0%
P/E -213.6
Volume 1.24M
Outstanding Shares 262.42M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $1.433B ▲ $1.271B ▲ $-51.87M ▼ -3.621% ▼ $-0.2 ▼ $-23.355M ▼
Q4-2025 $1.384B ▲ $1.178B ▲ $-23.903M ▲ -1.727% ▲ $-0.091 ▲ $17.164M ▼
Q3-2025 $1.357B ▲ $1.149B ▲ $-70.807M ▼ -5.219% ▼ $-0.27 ▼ $23.628M ▲
Q2-2025 $1.286B ▲ $1.121B ▲ $-38.208M ▲ -2.97% ▲ $-0.15 ▲ $-16.743M ▼
Q1-2025 $1.188B $1.002B $-123.769M -10.42% $-0.48 $-19K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $2.778B ▼ $5.721B ▼ $4.342B ▼ $1.379B ▲
Q4-2025 $2.937B ▼ $6.042B ▲ $4.696B ▲ $1.346B ▼
Q3-2025 $2.974B ▲ $5.884B ▲ $4.515B ▲ $1.369B ▲
Q2-2025 $2.469B ▲ $5.446B ▲ $4.227B ▲ $1.22B ▲
Q1-2025 $2.217B $4.993B $3.964B $1.029B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $-51.87M ▼ $128.715M ▼ $-60.686M ▲ $-252.807M ▲ $-190.707M ▼ $114.603M ▼
Q4-2025 $-23.903M ▲ $375.315M ▼ $-134.958M ▼ $-392.283M ▼ $-148.066M ▼ $360.318M ▼
Q3-2025 $-70.807M ▼ $638.636M ▲ $-74.627M ▲ $-129.971M ▼ $443.255M ▲ $624.631M ▲
Q2-2025 $-38.208M ▲ $351.905M ▲ $-111.704M ▼ $-69.241M ▲ $161.904M ▲ $342.569M ▲
Q1-2025 $-123.769M $80.492M $-18.69M $-186.753M $-121.387M $74.341M

Revenue by Products

Product Q2-2025Q3-2025Q4-2025Q1-2026
License and Service
License and Service
 $1.21Bn ▲$1.27Bn ▲$1.31Bn ▲$1.37Bn ▲
Product and Service Other
Product and Service Other
 $70.00M ▲$80.00M ▲$70.00M ▼$60.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown strongly over the past several years, and gross profit has kept pace, which shows the core products are scaling well. However, on a reported basis Atlassian still runs at a loss, mainly because it spends heavily on R&D and go‑to‑market rather than pulling back to maximize near‑term earnings. Operating profit has hovered around breakeven, and net losses, while persistent, have been gradually shrinking. This profile fits a mature growth software company prioritizing expansion and product depth over short‑term profitability, with clear progress but not yet consistent earnings.

Balance Sheet

Balance Sheet The balance sheet looks relatively robust for a software company. Total assets and cash have increased meaningfully over time, giving the company a sizeable liquidity cushion. Debt has stayed fairly steady and is comfortably covered by cash, suggesting financial flexibility and limited balance sheet stress. Shareholders’ equity has been building up, which reflects a stronger capital base even though the company is not yet profitable on a net income basis. Overall, the financial structure supports continued investment and buffers against downturns in demand.

Cash Flow

Cash Flow Cash generation is a key strength. Operating cash flow has been consistently positive and has grown along with the business, indicating that customers are paying, renewals are strong, and the subscription model converts well into cash. Capital spending needs are modest, so free cash flow is close to operating cash flow, a hallmark of an asset‑light software model. This means Atlassian can fund its own R&D and acquisitions without relying heavily on new debt or equity, despite ongoing accounting losses.

Competitive Edge

Competitive Edge Atlassian holds a strong position in team collaboration and developer tooling, anchored by Jira, Confluence, Trello and an extensive marketplace of add‑ons. Its products are deeply embedded in customer workflows, which raises switching costs and makes displacement by rivals difficult. A large ecosystem of users and third‑party developers adds network effects that reinforce its platform. The main competitive pressures come from other project management, productivity, and collaboration tools that may be easier for non‑technical users or bundled by larger suites, so maintaining usability and cross‑team appeal is critical. Even so, within technical and agile teams, Atlassian remains a reference platform.

Innovation and R&D

Innovation and R&D The company is clearly leaning into innovation, especially in cloud and artificial intelligence. Atlassian Intelligence, Rovo, and the Teamwork Graph aim to turn its tools into more proactive, context‑aware assistants rather than static software. Acquisitions like Loom and Percept.AI extend its capabilities into video collaboration and AI‑driven service management. A sizable and sustained R&D effort, including new development centers, suggests that management is willing to sacrifice near‑term margins to defend and extend the product moat. The opportunity is significant, but there is execution risk around integrating these technologies, driving adoption, and proving that customers will pay more for advanced AI features.

Summary

Atlassian combines strong, durable revenue growth and reliable cash generation with ongoing accounting losses driven by heavy investment. Its balance sheet is solid, with ample cash and manageable debt, which supports a long-term innovation agenda. Competitively, it benefits from deep product integration, high switching costs, and a powerful ecosystem, though it must continue to prove its relevance beyond core developer teams and keep pace with intense competition in collaboration and work management tools. The big swing is in AI and cloud: if Atlassian can successfully embed intelligence across its suite and expand its reach across all business functions, it could strengthen its already sizable moat, but the financial payoffs and timing of that strategy remain uncertain.

NEWS

November 20, 2025 · 5:23 PM UTC

MAYFAIR STRENGTHENS MANAGEMENT TEAM

Read more

November 10, 2025 · 4:05 PM UTC

Atlassian Completes Acquisition of DX, Advancing Engineering Intelligence for Enterprises

Read more

October 30, 2025 · 4:05 PM UTC

Atlassian Announces First Quarter Fiscal Year 2026 Results

Read more

October 21, 2025 · 8:05 AM UTC

Atlassian Completes Acquisition of The Browser Company of New York

Read more

October 9, 2025 · 4:05 PM UTC

Atlassian Announces Date for First Quarter of Fiscal Year 2026 Financial Results

Read more