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Atlassian TEAM Debt-to-equity

Debt-to-equity at other companies

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MicrosoftMSFT
0.3×0.0×
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ServiceNowNOW
0.1×0.0×

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
Current ratio0.7×-0.6×

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 debt-to-equity?
Atlassian (TEAM) reported debt-to-equity of 1.4× in Q1 2026.
How has Atlassian's debt-to-equity changed year-over-year?
Atlassian's debt-to-equity increased by 57.3% year-over-year, from 0.9× to 1.4×.
What is the long-term trend for Atlassian's debt-to-equity?
Over 3 years (2022 to 2025), Atlassian's debt-to-equity has grown at a -38.8% compound annual growth rate (CAGR), from 4× to 0.9×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.