What is Atlassian's R&D?

Atlassian (TEAM) reported R&D of $926.95M in Q1 2026.

How has Atlassian's R&D changed year-over-year?

Atlassian's R&D increased by 35.3% year-over-year, from $685.32M to $926.95M.

What is the long-term trend for Atlassian's R&D?

Over 3 years (2022 to 2025), Atlassian's R&D has grown at a 27.4% compound annual growth rate (CAGR), from $1.29B to $2.67B.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Atlassian TEAM R&D

R&D at other companies

MicrosoftMSFT

$10B+13.2%

Open TextOTEX

$171.17M-13.3%

ServiceNowNOW

$915M+24.7%

AsanaASAN

$66.09M-12.0%

Freshworks, Inc.FRSH

$49.26M+23.1%

PagerDutyPD

$29.99M-11.9%

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$25.37B-51.7%

Enterprise value$25.48B-50.3%

P/S4.1×-6.0×

Profitability

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Gross margin84%+1.7pp

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

Reported directly by Atlassian in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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 R&D?: Atlassian (TEAM) reported R&D of $926.95M in Q1 2026.
How has Atlassian's R&D changed year-over-year?: Atlassian's R&D increased by 35.3% year-over-year, from $685.32M to $926.95M.
What is the long-term trend for Atlassian's R&D?: Over 3 years (2022 to 2025), Atlassian's R&D has grown at a 27.4% compound annual growth rate (CAGR), from $1.29B to $2.67B.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.