Current Assets
Total Current Assets
Atlassian Total Current Assets decreased by 15.9% to $2.33B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 38.2%, from $3.78B to $2.33B. Over 3 years (FY 2022 to FY 2025), Total Current Assets shows an upward trend with a 27.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026
How to read this metric
Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.
Detailed definition
The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...
Peer comparison
Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.
Metric ID:
total_current_assetsHistorical Data
16 periods
| Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.90B | $1.87B | $2.13B | $2.44B | $2.74B | $2.74B | $2.27B | $2.91B | $3.08B | $2.87B | $3.32B | $3.78B | $3.89B | $3.63B | $2.78B | $2.33B |
| QoQ Change | — | -1.6% | +14.3% | +14.5% | +11.9% | -0.0% | -17.0% | +28.3% | +5.6% | -6.8% | +15.9% | +13.7% | +3.1% | -6.8% | -23.5% | -15.9% |
| YoY Change | — | — | — | — | +44.3% | +46.5% | +6.4% | +19.2% | +12.4% | +4.8% | +46.2% | +29.6% | +26.5% | +26.5% | -16.4% | -38.2% |
Range$1.87B – $3.89B
CAGR+5.7%
Avg YoY Growth+17.3%
Median YoY Growth+22.9%
Current Streak3 quarters decline
Total Current Assets at Other Companies
Frequently Asked Questions
- What is Atlassian's total current assets?
- Atlassian (TEAM) reported total current assets of $2.33B in Q1 2026.
- How has Atlassian's total current assets changed year-over-year?
- Atlassian's total current assets decreased by 38.2% year-over-year, from $3.78B to $2.33B.
- What is the long-term trend for Atlassian's total current assets?
- Over 3 years (2022 to 2025), Atlassian's total current assets has grown at a 27.1% compound annual growth rate (CAGR), from $1.90B to $3.89B.
- What does total current assets mean?
- The total value of all assets that can be turned into cash within one year.