Atlassian Other intangible assets—net decreased by 6.4% to $463.46M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 79.2%, from $258.68M to $463.46M. Over 3 years (FY 2022 to FY 2025), Other intangible assets—net shows an upward trend with a 34.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase typically signals recent strategic acquisitions or significant investment in R&D and intellectual property, while a decrease reflects ongoing amortization or potential impairment.
This represents the net book value of identifiable non-physical assets such as patents, intellectual property, software...
High in semiconductor and tech firms due to heavy reliance on patent portfolios and acquired technology.
non_current_assets_intangible_assets_net_excluding_goodwill| Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $100.84M | $92.54M | $84.25M | $76.09M | $69.07M | $60.84M | $329.01M | $312.82M | $299.06M | $286.48M | $272.58M | $258.68M | $244.84M | $235.89M | $494.96M | $463.46M |
| QoQ Change | — | -8.2% | -9.0% | -9.7% | -9.2% | -11.9% | +440.8% | -4.9% | -4.4% | -4.2% | -4.9% | -5.1% | -5.4% | -3.7% | +109.8% | -6.4% |
| YoY Change | — | — | — | — | -31.5% | -34.3% | +290.5% | +311.1% | +333.0% | +370.9% | -17.2% | -17.3% | -18.1% | -17.7% | +81.6% | +79.2% |