Atlassian (TEAM) | Financial Analysis & Statements
Atlassian Corp. Large-cap Technology
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Dec 2025Income Metrics
Revenue
1.6B
Gross Profit
1.3B
85.02%
Operating Income
-47.7M
-3.01%
Net Income
-42.6M
-2.69%
EPS (Diluted)
$-0.16
Balance Sheet Metrics
Total Assets
6.2B
Total Liabilities
4.6B
Shareholders Equity
1.6B
Debt to Equity
2.87
Cash Flow Metrics
Operating Cash Flow
188.0M
Free Cash Flow
168.5M
Revenue & Profitability Trend
Quarter Income Flow
Dec 31, 2025
Annual Income Flow
2025
Atlassian Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 5.2B | 4.4B | 3.5B | 2.8B | 2.1B |
| Cost of Goods Sold | 894.9M | 803.5M | 633.8M | 452.9M | 331.8M |
| Gross Profit | 4.3B | 3.6B | 2.9B | 2.3B | 1.8B |
| Gross Margin % | 82.8% | 81.6% | 82.1% | 83.8% | 84.1% |
| Operating Expenses | |||||
| Research & Development | 2.7B | 2.2B | 1.9B | 1.3B | 933.0M |
| Selling, General & Administrative | 1.8B | 1.5B | 1.4B | 978.7M | 682.9M |
| Other Operating Expenses | - | - | - | - | - |
| Total Operating Expenses | 4.4B | 3.7B | 3.2B | 2.3B | 1.6B |
| Operating Income | -130.4M | -117.1M | -345.2M | 70.1M | 141.4M |
| Operating Margin % | -2.5% | -2.7% | -9.8% | 2.5% | 6.8% |
| Non-Operating Items | |||||
| Interest Income | 112.3M | 96.7M | 49.7M | 2.3M | 7.2M |
| Interest Expense | 30.6M | 34.1M | 30.1M | 41.5M | 92.6M |
| Other Non-Operating Income | -50.3M | -30.9M | 14.5M | -501.8M | -570.4M |
| Pre-tax Income | -98.9M | -85.4M | -311.1M | -470.9M | -514.4M |
| Income Tax | 157.8M | 215.1M | 175.6M | 48.6M | 64.6M |
| Effective Tax Rate % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net Income | -256.7M | -300.5M | -486.8M | -519.5M | -579.0M |
| Net Margin % | -4.9% | -6.9% | -13.8% | -18.5% | -27.7% |
| Key Metrics | |||||
| EBITDA | 24.0M | 27.4M | -220.1M | -377.7M | -365.9M |
| EPS (Basic) | - | $-1.16 | $-1.90 | $-2.42 | $-2.79 |
| EPS (Diluted) | - | $-1.16 | $-1.90 | $-2.42 | $-2.79 |
| Basic Shares Outstanding | - | 259133000 | 256307000 | 253312000 | 249679000 |
| Diluted Shares Outstanding | - | 259133000 | 256307000 | 253312000 | 249679000 |
Income Statement Trend
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Atlassian Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 2.5B | 2.2B | 2.1B | 1.4B | 919.2M |
| Short-term Investments | 424.3M | 162.0M | 10.0M | 73.3M | 313.0M |
| Accounts Receivable | 778.3M | 628.0M | 477.7M | 308.1M | 173.5M |
| Inventory | - | - | - | - | - |
| Other Current Assets | 175.8M | 109.3M | 146.1M | 70.0M | 3.6M |
| Total Current Assets | 3.9B | 3.1B | 2.7B | 1.9B | 1.6B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 184.1M | 183.7M | 193.5M | 286.4M | 215.7M |
| Goodwill | 2.9B | 2.9B | 1.5B | 1.5B | 1.6B |
| Intangible Assets | 244.8M | 299.1M | 69.1M | 100.8M | 124.6M |
| Long-term Investments | - | - | - | 30.4M | 3.1M |
| Other Non-Current Assets | 105.3M | 66.1M | 83.0M | 69.2M | 66.4M |
| Total Non-Current Assets | 2.2B | 2.1B | 1.4B | 1.4B | 1.3B |
| Total Assets | 6.0B | 5.2B | 4.1B | 3.3B | 2.9B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 222.1M | 177.5M | 159.3M | 81.2M | 40.4M |
| Short-term Debt | 50.2M | 49.0M | 82.4M | 40.6M | 391.2M |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | - | - | 9.9M | 40.9M | 780.0M |
| Total Current Liabilities | 3.2B | 2.6B | 2.0B | 1.6B | 2.3B |
| Non-Current Liabilities | |||||
| Long-term Debt | 1.2B | 1.2B | 1.2B | 1.3B | 214.1M |
| Deferred Tax Liabilities | 23.9M | 20.4M | 10.7M | 312.0K | 26.6M |
| Other Non-Current Liabilities | 48.2M | 39.9M | 31.2M | 14.6M | 2.6M |
| Total Non-Current Liabilities | 1.5B | 1.6B | 1.4B | 1.4B | 340.4M |
| Total Liabilities | 4.7B | 4.2B | 3.5B | 3.0B | 2.7B |
| Equity | |||||
| Common Stock | 3.0K | 3.0K | 3.0K | 2.0K | 25.2M |
| Retained Earnings | -4.2B | -3.2B | -2.5B | -1.9B | -1.8B |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 1.3B | 1.0B | 654.7M | 327.4M | 294.9M |
| Key Metrics | |||||
| Total Debt | 1.2B | 1.2B | 1.3B | 1.3B | 605.3M |
| Working Capital | 710.4M | 466.1M | 708.8M | 302.9M | -682.5M |
Balance Sheet Composition
Atlassian Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -256.7M | -300.5M | -486.8M | -519.5M | -579.0M |
| Depreciation & Amortization | 92.4M | 78.7M | 60.9M | 51.7M | 56.0M |
| Stock-Based Compensation | 1.4B | 1.1B | 948.1M | 524.8M | 340.8M |
| Working Capital Changes | 259.2M | 422.0M | 272.2M | 181.9M | 243.6M |
| Operating Cash Flow | 1.5B | 1.3B | 807.0M | 264.6M | 140.4M |
| Investing Activities | |||||
| Capital Expenditures | -44.8M | -32.6M | -25.7M | -70.6M | -31.5M |
| Acquisitions | -14.2M | -847.8M | -5.8M | -19.4M | -91.8M |
| Investment Purchases | -439.1M | -263.3M | -44.2M | -132.7M | -119.4M |
| Investment Sales | 155.8M | 180.4M | 74.6M | 263.2M | 503.8M |
| Investing Cash Flow | -342.3M | -963.2M | -1.1M | 43.8M | 258.3M |
| Financing Activities | |||||
| Share Repurchases | -779.4M | -395.3M | -150.0M | 0 | 0 |
| Dividends Paid | - | - | - | 0 | 0 |
| Debt Issuance | 0 | 987.0M | 0 | 1.0B | 0 |
| Debt Repayment | 0 | -1.0B | 0 | -1.5B | -1.8B |
| Financing Cash Flow | -782.6M | -408.2M | -148.4M | -1.9B | -3.4B |
| Free Cash Flow | 1.4B | 1.4B | 842.3M | 746.4M | 756.6M |
| Net Change in Cash | 335.7M | -88.4M | 657.5M | -1.6B | -3.0B |
Cash Flow Trend
Atlassian Key Financial Ratios
Valuation Ratios
Forward P/E
12.18
Price to Book
11.28
Price to Sales
3.10
PEG Ratio
12.18
Profitability Ratios
Profit Margin
-3.29%
Operating Margin
-3.01%
Return on Equity
-13.47%
Return on Assets
-1.39%
Financial Health
Current Ratio
0.89
Debt to Equity
76.38
Beta
0.99
Per Share Data
EPS (TTM)
$-0.72
Book Value per Share
$5.99
Revenue per Share
$21.89
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| TEAM | 17.8B | - | 11.28 | -13.47% | -3.29% | 76.38 |
| Salesforce | 160.0B | 23.99 | 2.94 | 12.40% | 17.96% | 29.95 |
| Uber Technologies | 153.6B | 15.78 | 5.71 | 39.93% | 19.33% | 43.81 |
| Shopify | 134.7B | 67.28 | 11.68 | 19.58% | 22.74% | 9.74 |
| Intuit | 106.7B | 26.59 | 5.95 | 23.46% | 21.57% | 36.15 |
| Adobe | 96.6B | 13.93 | 8.49 | 58.77% | 29.48% | 58.34 |
Financial data is updated regularly. All figures are in the company's reporting currency.






