Atlassian Corp. | Large-cap | Technology

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 1.4B
Gross Profit 1.1B 83.07%
Operating Income -28.5M -2.06%
Net Income -23.9M -1.73%

Balance Sheet Metrics

Total Assets 6.0B
Total Liabilities 4.7B
Shareholders Equity 1.3B
Debt to Equity 3.49

Cash Flow Metrics

Operating Cash Flow 359.8M
Free Cash Flow 360.3M

Revenue & Profitability Trend

Atlassian Income Statement From 2021 to 2025

Metric20252024202320222021
Revenue i5.2B4.4B3.5B2.8B2.1B
Cost of Goods Sold i894.9M803.5M633.8M452.9M331.8M
Gross Profit i4.3B3.6B2.9B2.3B1.8B
Gross Margin % i82.8%81.6%82.1%83.8%84.1%
Operating Expenses
Research & Development i2.7B2.2B1.9B1.3B933.0M
Selling, General & Administrative i1.8B1.5B1.4B978.7M682.9M
Other Operating Expenses i-----
Total Operating Expenses i4.4B3.7B3.2B2.3B1.6B
Operating Income i-130.4M-117.1M-345.2M70.1M141.4M
Operating Margin % i-2.5%-2.7%-9.8%2.5%6.8%
Non-Operating Items
Interest Income i112.3M96.7M49.7M2.3M7.2M
Interest Expense i30.6M34.1M30.1M41.5M92.6M
Other Non-Operating Income-50.3M-30.9M14.5M-501.8M-570.4M
Pre-tax Income i-98.9M-85.4M-311.1M-470.9M-514.4M
Income Tax i157.8M215.1M175.6M48.6M64.6M
Effective Tax Rate % i0.0%0.0%0.0%0.0%0.0%
Net Income i-256.7M-300.5M-486.8M-519.5M-579.0M
Net Margin % i-4.9%-6.9%-13.8%-18.5%-27.7%
Key Metrics
EBITDA i24.0M27.4M-220.1M-377.7M-365.9M
EPS (Basic) i-$-1.16$-1.90$-2.42$-2.79
EPS (Diluted) i-$-1.16$-1.90$-2.42$-2.79
Basic Shares Outstanding i-259133000256307000253312000249679000
Diluted Shares Outstanding i-259133000256307000253312000249679000

Income Statement Trend

Atlassian Balance Sheet From 2021 to 2025

Metric20252024202320222021
Assets
Current Assets
Cash & Equivalents i2.5B2.2B2.1B1.4B919.2M
Short-term Investments i424.3M162.0M10.0M73.3M313.0M
Accounts Receivable i778.3M628.0M477.7M308.1M173.5M
Inventory i-----
Other Current Assets175.8M109.3M146.1M70.0M3.6M
Total Current Assets i3.9B3.1B2.7B1.9B1.6B
Non-Current Assets
Property, Plant & Equipment i184.1M183.7M193.5M286.4M215.7M
Goodwill i2.9B2.9B1.5B1.5B1.6B
Intangible Assets i244.8M299.1M69.1M100.8M124.6M
Long-term Investments---30.4M3.1M
Other Non-Current Assets105.3M66.1M83.0M69.2M66.4M
Total Non-Current Assets i2.2B2.1B1.4B1.4B1.3B
Total Assets i6.0B5.2B4.1B3.3B2.9B
Liabilities
Current Liabilities
Accounts Payable i222.1M177.5M159.3M81.2M40.4M
Short-term Debt i50.2M49.0M82.4M40.6M391.2M
Current Portion of Long-term Debt-----
Other Current Liabilities--9.9M40.9M780.0M
Total Current Liabilities i3.2B2.6B2.0B1.6B2.3B
Non-Current Liabilities
Long-term Debt i1.2B1.2B1.2B1.3B214.1M
Deferred Tax Liabilities i23.9M20.4M10.7M312.0K26.6M
Other Non-Current Liabilities48.2M39.9M31.2M14.6M2.6M
Total Non-Current Liabilities i1.5B1.6B1.4B1.4B340.4M
Total Liabilities i4.7B4.2B3.5B3.0B2.7B
Equity
Common Stock i3.0K3.0K3.0K2.0K25.2M
Retained Earnings i-4.2B-3.2B-2.5B-1.9B-1.8B
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i1.3B1.0B654.7M327.4M294.9M
Key Metrics
Total Debt i1.2B1.2B1.3B1.3B605.3M
Working Capital i710.4M466.1M708.8M302.9M-682.5M

Balance Sheet Composition

Atlassian Cash Flow Statement From 2021 to 2025

Metric20252024202320222021
Operating Activities
Net Income i-256.7M-300.5M-486.8M-519.5M-579.0M
Depreciation & Amortization i92.4M78.7M60.9M51.7M56.0M
Stock-Based Compensation i1.4B1.1B948.1M524.8M340.8M
Working Capital Changes i259.2M422.0M272.2M181.9M243.6M
Operating Cash Flow i1.5B1.3B807.0M264.6M140.4M
Investing Activities
Capital Expenditures i-44.8M-32.6M-25.7M-70.6M-31.5M
Acquisitions i-14.2M-847.8M-5.8M-19.4M-91.8M
Investment Purchases i-439.1M-263.3M-44.2M-132.7M-119.4M
Investment Sales i155.8M180.4M74.6M263.2M503.8M
Investing Cash Flow i-342.3M-963.2M-1.1M43.8M258.3M
Financing Activities
Share Repurchases i-779.4M-395.3M-150.0M00
Dividends Paid i---00
Debt Issuance i0987.0M01.0B0
Debt Repayment i0-1.0B0-1.5B-1.8B
Financing Cash Flow i-782.6M-408.2M-148.4M-1.9B-3.4B
Free Cash Flow i1.4B1.4B842.3M746.4M756.6M
Net Change in Cash i335.7M-88.4M657.5M-1.6B-3.0B

Cash Flow Trend

Atlassian Key Financial Ratios

Valuation Ratios

Forward P/E 41.95
Price to Book 33.70
Price to Sales 8.45
PEG Ratio 41.95

Profitability Ratios

Profit Margin -4.92%
Operating Margin -2.06%
Return on Equity -21.58%
Return on Assets -1.45%

Financial Health

Current Ratio 1.22
Debt to Equity 92.10
Beta 0.95

Per Share Data

EPS (TTM) $-1.00
Book Value per Share $5.12
Revenue per Share $19.92

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
team45.2B-33.70-21.58%-4.92%92.10
Salesforce 253.3B36.603.9311.20%16.87%19.26
ServiceNow 194.0B115.5217.3516.95%13.78%22.04
Uber Technologies 189.8B15.508.4067.49%26.68%52.23
Intuit 188.0B49.259.5320.29%20.55%0.34
Adobe 152.0B22.9913.3852.25%30.39%57.49

Financial data is updated regularly. All figures are in the company's reporting currency.