Atlassian TEAM Ratios & Valuation
| Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 84%+0.4pp | 83.5%+0.6pp | 82.9%0.0pp | 82.8%+0.5pp | 82.3%+0.5pp | |
| Operating margin | -3.7%-0.5pp | -3.2%+0.4pp | -3.6%-1.1pp | -2.5%+0.9pp | -3.4%-0.5pp | |
| Net margin | -3.5%-0.2pp | -3.3%+0.1pp | -3.4%+1.5pp | -4.9%+3.7pp | -8.7%-1.4pp | |
| EBITDA margin | -1.7%-0.3pp | -1.4%+0.5pp | -1.8%-1.1pp | -0.7%+0.8pp | -1.5%-0.6pp | |
| Free cash flow margin | 19.5%-2.8pp | 22.3%-4.4pp | 26.7%-0.5pp | 27.1%-2.4pp | 29.6%+0.7pp | |
| Returns | ||||||
| Return on equity | -19.3%-5.8pp | -13.5%+1.9pp | -15.3%+6.2pp | -21.6%+12.7pp | -34.3%-1.7pp | |
| Return on assets | -3.8%-0.5pp | -3.3%+0.2pp | -3.4%+1.1pp | -4.6%+3.3pp | -7.9%-0.9pp | |
| Efficiency | ||||||
| Asset turnover | 1.1×+0.1× | 1×0.0× | 1×+0.1× | 0.9×0.0× | 0.9×-0.1× | |
| Liquidity | ||||||
| Current ratio | 0.7×-0.2× | 0.9×-0.4× | 1.3×0.0× | 1.2×0.0× | 1.3×0.0× | |
| Quick ratio | 0.7×-0.2× | 0.9×-0.4× | 1.3×0.0× | 1.2×0.0× | 1.3×0.0× | |
| Cash ratio | 0.3×0.0× | 0.4×-0.4× | 0.8×0.0× | 0.8×-0.1× | 0.9×+0.1× | |
| Leverage | ||||||
| Debt-to-equity | 1.4×+0.7× | 0.8×-0.1× | 0.9×0.0× | 0.9×0.0× | 0.9×-0.1× | |
| Debt-to-assets | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Interest coverage | -5.3×-0.3× | -5×+1.1× | -6.1×-1.8× | -4.3×+1.3× | -5.6×-1.1× | |
| Per Share | ||||||
| Book value per share | $3.37-44.1% | $6.03+15.0% | $5.24+2.0% | $5.14-1.4% | $5.21+11.6% | |
| Valuation | ||||||
| Market capitalization | $18B-57.8% | $42.66B+1.8% | $41.89B-20.5% | $52.68B-5.3% | $55.6B-12.3% | |
| Enterprise value | $18.11B-57.6% | $42.72B+4.7% | $40.8B-20.6% | $51.4B-5.1% | $54.17B-13.2% | |
| Price / sales | 2.9×-4.5× | 7.4×-0.3× | 7.7×-2.4× | 10.1×-1.1× | 11.2×-2.0× | |
| Price / book | 20.5×-6.3× | 26.8×-3.6× | 30.4×-8.8× | 39.1×-1.5× | 40.6×-11.4× | |
| EV / sales | 2.9×-4.5× | 7.4×-0.1× | 7.5×-2.4× | 9.9×-1.1× | 10.9×-2.1× | |
| Free cash flow yield | 6.7%+3.7pp | 3%-0.5pp | 3.5%+0.8pp | 2.7%0.0pp | 2.6%+0.5pp | |
| Earnings yield | -1.2%-0.8pp | -0.4%0.0pp | -0.4%0.0pp | -0.5%+0.3pp | -0.8%-0.2pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Atlassian's profit margins?
- Atlassian (TEAM) runs a 84.0% gross margin and a -3.7% operating margin, with a -3.5% net margin.
- Where do Atlassian's ratios come from?
- Every ratio is computed from Atlassian's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
