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Atlassian TEAM Current ratio

Current ratio at other companies

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MicrosoftMSFT
1.3×-0.1×
ServiceNow logo
ServiceNowNOW
0.8×-0.3×

Other financials

Income statement

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Revenue$1.8B+31.7%
Gross profit$1.5B+34.1%
Operating income-$56.3M-352%
Net income-$98.4M-39.0%
EPS (diluted)-$0.38-40.7%

Balance sheet

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Cash & equivalents$1.1B-57.3%
Total debt$1.2B+1.0%
Total equity$879.0M-35.8%
Total assets$5.7B-4.0%

Cash flow

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Operating cash flow$567.5M-13.1%
CapEx$6.2M-56.8%
Free cash flow$561.3M-12.1%

Valuation

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Market cap$20.99B-67.6%
Enterprise value$21.1B-66.6%
P/S3.4×-9.7×

Profitability

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Gross margin84%+1.7pp
Operating margin-3.7%+0.3pp
Net margin-3.5%-1.3pp
FCF margin19.5%-10.1pp

Returns & leverage

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Return on equity-19.3%-5.9pp
Debt / equity1.4×+0.5×

Where this comes from

Calculated from Atlassian’s reported figures.

Based on the most recent quarter.

The official record: Atlassian’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Atlassian's current ratio?
Atlassian (TEAM) reported current ratio of 0.7× in Q1 2026.
How has Atlassian's current ratio changed year-over-year?
Atlassian's current ratio decreased by 44.4% year-over-year, from 1.3× to 0.7×.
What is the long-term trend for Atlassian's current ratio?
Over 3 years (2022 to 2025), Atlassian's current ratio has grown at a 0.9% compound annual growth rate (CAGR), from 1.2× to 1.2×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.