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Atlassian Income Statement

Revenue, expenses, and profitability over time

Atlassian generated $6.5B in trailing twelve-month revenue, up 0.3% year-over-year. Net income was -$216.6M with a -3.35% net margin. Gross margin stands at 84.01% and operating margin at -5.13%. Diluted EPS is $-0.83, which grew 0.5% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$6.2BGross Profit (TTM)$5.2BOperating Income (TTM)-$228.8MNet Income (TTM)-$216.8MEps Diluted (TTM)$-0.83
Latest FilingQ1 2026
Report Date2026-05-01
Market Cap$22.6B
ROE-19.27%

Earnings Per Share

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Basic earnings per share$-0.15$-0.27$-0.09$-0.20$-0.16$-0.38
Diluted earnings per share$-0.15$-0.27$-0.09$-0.20$-0.16$-0.38
Weighted-average shares, basic261.1M262.7M261.8M263M263.8M261M
Weighted-average shares, diluted261.1M262.7M261.8M263M263.8M261M

Operating Expenses

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
General and administrative$168.7M$168.3M$163.3M$178.5M$193.4M$214.5M
Other operating expenses$1.1B$1.1B$1.2B$1.3B$1.4B$1.6B
Research and development$680.2M$685.3M$700.7M$756M$826.5M$927M
Selling and marketing$271.9M$295.8M$314.4M$336.4M$376.4M$439M
Total operating expenses$1.1B$1.1B$1.2B$1.3B$1.4B$1.6B

Operating Income

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Gross profit$1.1B$1.1B$1.1B$1.2B$1.3B$1.5B
Operating income-$57.5M-$12.5M-$28.5M-$96.3M-$47.7M-$56.3M

Income Before Tax

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Income before income taxes-$47.2M-$7.4M-$14.2M-$56.3M-$55.8M-$62.8M

Tax

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Income tax expense-$9M$63.5M$9.7M-$4.5M-$13.1M$35.6M

Other Income & Expense

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Interest expense$7.3M$7.8M$8.1M$8.6M$12.5M$14.1M
Interest income$25.6M$27.8M$30.4M$29.8M$18.1M$12.6M
Other income (expense), net-$8M-$14.9M-$8M$18.8M-$13.6M-$4.9M

Net Income

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Net income-$38.2M-$70.8M-$23.9M-$51.9M-$42.6M-$98.4M

Other

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Other income, net (Note 6)-$8M-$14.9M-$8M$18.8M-$13.6M-$4.9M
Revenue From Contract With Customer Excluding Assessed Tax$1.3B$1.4B$1.4B$1.4B$1.6B$1.8B

Cost of Revenue

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Total cost of revenue$223.1M$219.7M$234.4M$257.9M$237.7M$262.8M

Revenue

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Total revenue$1.3B$1.4B$1.4B$1.4B$1.6B$1.8B