Atlassian
TEAM Nasdaq· Application Software
Last close · Oct 26, 2026
$223.42
KIRA · Stoqly’s AI analyst, in plain words
- Atlassian had $6.6B of revenue in fiscal 2026, up 26.0% on the year before. Over five years, revenue changed +25.8% a year on average.
- Its operating margin was 0.2%, up 2.7 pts: of every 100 in sales, about 0 is left after running the business.
- Atlassian lost $53.8M in fiscal 2026.
- Free cash flow was $1.3B in fiscal 2026, 20.1% of revenue.
- Atlassian returned $1.8B to shareholders in fiscal 2026, 137% of free cash flow. The diluted share count fell 0.6%.
- Atlassian has $250M more cash than debt.
Market cap
$58.1B
P/E
—
Revenue
$6.6B
Net income
−$53.8M
Free cash flow
$1.3B
Operating margin
0.2%
Atlassian in 30 seconds · fiscal 2026
Are sales growing?
+26.0%
Yes. Sales grew 26.0% last year.
Does it make a profit?
−0.8%
No. It lost money last year.
Does profit turn into cash?
20.1%
Yes. 20.1% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
7 / 9
Solid. It passes 7 of 9 health tests.
What Atlassian does
Atlassian sells software that helps teams plan, track and carry out their work. It was founded in Sydney, Australia, in 2002. Its products serve software teams, IT operations and support teams, and business and leadership teams. Its best-known apps include Jira, Confluence and Jira Service Management. They run on a shared cloud platform, and the company has added artificial intelligence (AI) features, including an AI offering it calls Rovo. Atlassian says it serves more than 350,000 customers, from small companies to over 85% of the Fortune 500, in over 200 countries and territories. It earns its revenue by selling subscriptions and licenses to its software. Many customers sign up on their own through self-service, and the company's sales force focuses mainly on deepening relationships with large business customers. It also runs the Atlassian Marketplace, where outside developers sell apps that work with its products.
Biggest risks, in its own words
- Customers not renewing their subscriptions or buying more, which would hurt its future results.
- Its AI offerings and investments may not be successful.
- Challenges as it shifts its business toward cloud offerings.
- Its reliance on Jira, Confluence and Jira Service Management for a majority of its revenue.
- Fiscal year ends
- June 30, 2026
- Latest annual report
- 10-K · Aug 14, 2026
- Legal name
- Atlassian Corporation
- CIK
- 0001650372
Atlassian · TEAM
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $2.8B | $3.5B | $4.4B | $5.2B | $6.6B |
| Revenue growth | 34.2% | 26.1% | 23.3% | 19.7% | 26.0% |
| Gross margin | 83.8% | 82.1% | 81.6% | 82.8% | 84.8% |
| Operating margin | 2.5% | −9.8% | −2.7% | −2.5% | 0.2% |
| Net income | −$520M | −$487M | −$301M | −$257M | −$53.8M |
| Net margin | −18.5% | −13.8% | −6.9% | −4.9% | −0.8% |
| Diluted EPS | −$2.05 | −$1.90 | −$1.16 | −$0.98 | −$0.21 |
| Cash | |||||
| Cash from operations | $821M | $868M | $1.4B | $1.5B | $1.4B |
| Capital expenditure | $70.6M | $25.8M | $33.1M | $44.9M | $34.1M |
| Free cash flow | $750M | $842M | $1.4B | $1.4B | $1.3B |
| FCF margin | 26.8% | 23.8% | 32.5% | 27.1% | 20.1% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.0M | $150M | $395M | $779M | $1.8B |
| Share count change | 1.5% | 1.2% | 1.1% | 1.0% | −0.6% |
| Debt and strength | |||||
| Cash and short-term investments | $1.5B | $2.1B | $2.3B | $2.9B | $1.2B |
| Debt incl. finance leases | $999M | $1,000M | $986M | $988M | $990M |
| Shareholders' equity | $327M | $655M | $1.0B | $1.3B | $1.1B |
| Net debt / EBITDA | −3.8x | — | — | — | −1.7x |
| Current ratio | 1.2x | 1.4x | 1.2x | 1.2x | 0.8x |
| Interest coverage | 1.7x | −11.5x | −3.4x | −4.3x | 0.2x |
| Returns and quality | |||||
| Return on equity | −162.2% | −99.1% | −35.6% | −21.6% | −4.5% |
| Piotroski F-score | 4 | 6 | 4 | 6 | 7 |
| Altman Z'' | −1.0 | −1.2 | −1.3 | −1.4 | −3.9 |
Insiders bought, 12 months
$0.5M
1 insider
Insiders sold, 12 months
$160M
9 insiders
Of sales under plans
94%
$150M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Atlassian · TEAM
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Atlassian TEAM | $58.1B | 26.0% | 0.2% | 20.1% | — | — | 7 |
| Synopsys SNPS | $87.4B | 15.1% | 13.0% | 19.1% | 4.0% | 79.4x | 3 |
| Autodesk ADSK | $52.6B | 17.5% | 21.9% | 33.4% | 37.0% | 32.3x | 8 |
| Cadence Design Systems CDNS | $88.2B | 14.1% | 28.2% | 30.0% | 23.7% | 75.1x | 5 |
| OpenText OTEX | $6.9B | 1.5% | 20.6% | 15.4% | 9.0% | — | 9 |
KIRA
At $223.42 a share, the company is worth $58.1B.
Atlassian grew sales faster than 4 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0001650372). Data updated October 23, 2026. For information only — not investment advice. Check the original filings before relying on any figure.