What is Atlassian's goodwill?

Atlassian (TEAM) reported goodwill of $2.3B in Q1 2026.

How has Atlassian's goodwill changed year-over-year?

Atlassian's goodwill increased by 78.2% year-over-year, from $1.29B to $2.3B.

What is the long-term trend for Atlassian's goodwill?

Over 4 years (2021 to 2025), Atlassian's goodwill has grown at a 16.2% compound annual growth rate (CAGR), from $715.93M to $1.3B.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

Atlassian TEAM Goodwill

Goodwill at other companies

MicrosoftMSFT

$119.65B+0.1%

Open TextOTEX

$7.33B-2.3%

ServiceNowNOW

$9.84B+453%

Freshworks, Inc.FRSH

$199.32M+35.6%

PagerDutyPD

$137.4M0.0%

GitLabGTLB

$17.8M+11.0%

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$25.37B-48.9%

Enterprise value$25.48B-47.4%

P/S4.1×-5.4×

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

See full

Return on equity-19.3%-5.9pp

Debt / equity1.4×+0.5×

Current ratio0.7×-0.6×

Where this comes from

Reported directly by Atlassian in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

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 goodwill?: Atlassian (TEAM) reported goodwill of $2.3B in Q1 2026.
How has Atlassian's goodwill changed year-over-year?: Atlassian's goodwill increased by 78.2% year-over-year, from $1.29B to $2.3B.
What is the long-term trend for Atlassian's goodwill?: Over 4 years (2021 to 2025), Atlassian's goodwill has grown at a 16.2% compound annual growth rate (CAGR), from $715.93M to $1.3B.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.