What is Atlassian's income tax?

Atlassian (TEAM) reported income tax of $35.6M in Q1 2026.

How has Atlassian's income tax changed year-over-year?

Atlassian's income tax decreased by 43.9% year-over-year, from $63.45M to $35.6M.

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

Over 3 years (2022 to 2025), Atlassian's income tax has grown at a 48.1% compound annual growth rate (CAGR), from $48.57M to $157.79M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Atlassian TEAM Income Tax

Income Tax at other companies

MicrosoftMSFT

$8.28B+53.8%

Open TextOTEX

$34.28M+216%

ServiceNowNOW

$140M+62.8%

AsanaASAN

$1.42M+23.1%

Freshworks, Inc.FRSH

-$1.82M-147%

PagerDutyPD

$5.8M+614%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$567.5M-13.1%

CapEx$6.2M-56.8%

Free cash flow$561.3M-12.1%

Valuation

See full

Market cap$25.37B-51.7%

Enterprise value$25.48B-50.3%

P/S4.1×-6.0×

Profitability

See full

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:IncomeTaxExpenseBenefit.

The official record: Atlassian’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

Ask your AI about Atlassian's income tax.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Atlassian's income tax?: Atlassian (TEAM) reported income tax of $35.6M in Q1 2026.
How has Atlassian's income tax changed year-over-year?: Atlassian's income tax decreased by 43.9% year-over-year, from $63.45M to $35.6M.
What is the long-term trend for Atlassian's income tax?: Over 3 years (2022 to 2025), Atlassian's income tax has grown at a 48.1% compound annual growth rate (CAGR), from $48.57M to $157.79M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.