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Atlassian TEAM EV / sales

EV / sales at other companies

Microsoft logo
MicrosoftMSFT
8.9×-1.7×
ServiceNow logo
ServiceNowNOW
7.7×-6.4×

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×
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 EV / sales?
Atlassian (TEAM) reported EV / sales of 2.9× in Q1 2026.
How has Atlassian's EV / sales changed year-over-year?
Atlassian's EV / sales decreased by 73.2% year-over-year, from 10.9× to 2.9×.
What is the long-term trend for Atlassian's EV / sales?
Over 3 years (2022 to 2025), Atlassian's EV / sales has grown at a -17.2% compound annual growth rate (CAGR), from 17.4× to 9.9×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.