Non-Current Assets

PP&E (Net)

Atlassian PP&E (Net) decreased by 22.8% to $75.61M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 18.7%, from $93.00M to $75.61M. Over 3 years (FY 2022 to FY 2025), PP&E (Net) shows relatively stable performance with a 1.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026

How to read this metric

An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.

Detailed definition

This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...

Peer comparison

Standard line item for all manufacturing and industrial companies; directly comparable across peers.

Metric ID: property_plant_equipment_net

Historical Data

16 periods
 Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$100.66M$103.34M$100.33M$85.56M$81.40M$79.63M$78.10M$80.96M$86.32M$83.66M$85.44M$93.00M$105.12M$99.71M$97.95M$75.61M
QoQ Change+2.7%-2.9%-14.7%-4.9%-2.2%-1.9%+3.7%+6.6%-3.1%+2.1%+8.8%+13.0%-5.1%-1.8%-22.8%
YoY Change-19.1%-22.9%-22.2%-5.4%+6.0%+5.1%+9.4%+14.9%+21.8%+19.2%+14.6%-18.7%
Range$75.61M$105.12M
CAGR-7.3%
Avg YoY Growth+0.2%
Median YoY Growth+5.5%
Current Streak3 quarters decline

Geographic Breakdown

View all
SegmentQ2 '25
All other countries$16.42M
Total$105.12M

Frequently Asked Questions

What is Atlassian's pp&e (net)?
Atlassian (TEAM) reported pp&e (net) of $75.61M in Q1 2026.
How has Atlassian's pp&e (net) changed year-over-year?
Atlassian's pp&e (net) decreased by 18.7% year-over-year, from $93.00M to $75.61M.
What is the long-term trend for Atlassian's pp&e (net)?
Over 3 years (2022 to 2025), Atlassian's pp&e (net) has grown at a 1.5% compound annual growth rate (CAGR), from $100.66M to $105.12M.
What does pp&e (net) mean?
The current book value of physical assets after accounting for wear and tear.