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Atlassian TEAM Gross margin

Gross margin at other companies

Microsoft logo
MicrosoftMSFT
68.3%-0.8pp
ServiceNow logo
ServiceNowNOW
76.6%-2.4pp

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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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 trailing twelve months.

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 gross margin?
Atlassian (TEAM) reported gross margin of 84% in Q1 2026.
How has Atlassian's gross margin changed year-over-year?
Atlassian's gross margin increased by 2.0% year-over-year, from 82.3% to 84%.
What is the long-term trend for Atlassian's gross margin?
Over 4 years (2021 to 2025), Atlassian's gross margin has grown at a -0.4% compound annual growth rate (CAGR), from 84.1% to 82.8%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.