Atlassian TEAM Ratios & Valuation
| Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 84%+1.7pp | 83.5%+1.7pp | 82.9%+1.3pp | 82.8%+1.3pp | 82.3%+0.4pp | |
| Operating margin | -3.7%-0.3pp | -3.2%-0.3pp | -3.6%-0.7pp | -2.5%+0.2pp | -3.4%-1.0pp | |
| Net margin | -3.5%+5.2pp | -3.3%+3.9pp | -3.4%+5.2pp | -4.9%+2.0pp | -8.7%-4.8pp | |
| EBITDA margin | -1.7%-0.1pp | -1.4%-0.4pp | -1.8%-0.9pp | -0.7%+0.2pp | -1.5%-0.8pp | |
| Free cash flow margin | 19.5%-10.1pp | 22.3%-6.6pp | 26.7%-2.4pp | 27.1%-5.3pp | 29.6%-1.0pp | |
| Returns | ||||||
| Return on equity | -19.3%+15.0pp | -13.5%+19.1pp | -15.3%+28.2pp | -21.6%+14.0pp | -34.3%-15.4pp | |
| Return on assets | -3.8%+4.1pp | -3.3%+3.7pp | -3.4%+5.2pp | -4.6%+1.9pp | -7.9%-4.2pp | |
| Efficiency | ||||||
| Asset turnover | 1.1×+0.2× | 1×0.0× | 1×0.0× | 0.9×0.0× | 0.9×0.0× | |
| Liquidity | ||||||
| Current ratio | 0.7×-0.6× | 0.9×-0.3× | 1.3×+0.1× | 1.2×0.0× | 1.3×+0.1× | |
| Quick ratio | 0.7×-0.6× | 0.9×-0.3× | 1.3×+0.1× | 1.2×0.0× | 1.3×+0.1× | |
| Cash ratio | 0.3×-0.5× | 0.4×-0.5× | 0.8×0.0× | 0.8×0.0× | 0.9×+0.1× | |
| Leverage | ||||||
| Debt-to-equity | 1.4×+0.5× | 0.8×-0.3× | 0.9×-0.3× | 0.9×-0.3× | 0.9×-0.2× | |
| 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×-0.5× | -6.1×-2.1× | -4.3×-0.8× | -5.6×-2.7× | |
| Per Share | ||||||
| Book value per share | $3.37-35.4% | $6.03+29.1% | $5.24+32.7% | $5.14+29.0% | $5.21+20.3% | |
| Valuation | ||||||
| Market capitalization | $18B-67.6% | $42.66B-32.7% | $41.89B+1.3% | $52.68B+14.4% | $55.6B+9.5% | |
| Enterprise value | $18.11B-66.6% | $42.72B-31.6% | $40.8B+0.7% | $51.4B+13.9% | $54.17B+8.2% | |
| Price / sales | 2.9×-8.3× | 7.4×-5.8× | 7.7×-1.4× | 10.1×-0.5× | 11.2×-1.0× | |
| Price / book | 20.5×-20.1× | 26.8×-25.2× | 30.4×-9.8× | 39.1×-5.4× | 40.6×-4.2× | |
| EV / sales | 2.9×-8.0× | 7.4×-5.6× | 7.5×-1.4× | 9.9×-0.5× | 10.9×-1.1× | |
| Free cash flow yield | 6.7%+4.1pp | 3%+0.8pp | 3.5%+0.3pp | 2.7%-0.4pp | 2.6%+0.1pp | |
| Earnings yield | -1.2%-0.4pp | -0.4%+0.1pp | -0.4%+0.5pp | -0.5%+0.2pp | -0.8%-0.5pp |
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.
