Atlassian CorporationTEAM
NasdaqGS•Technology•Software - Application
Atlassian Corporation provides a collaboration software that enables organizations to connect all teams through a system of work that unlocks productivity at scale worldwide. Its product portfolio includes Jira, a project management platform for planning, tracking, and managing work; Confluence, a connected workspace to create, organize, and share team knowledge, documents, and collaboration content; Loom, an asynchronous video communication tool to record and share videos; Jira Service Management, an intuitive service management solution for IT, HR, and other teams; and Rovo, an AI offering that assists teams with its Search, Chat and Agent capabilities. The company also offers Bitbucket, a git-based source code management platform for professional development teams; Compass, a developer portal that provides a unified view of engineering components; Jira Product Discovery, a tool to capture, prioritize, and roadmap product ideas; Jira Align, an enterprise agility solution that connects business and technology teams to align strategy with execution; Focus, a strategy hub for leadership teams; and Talent, a workforce planning app. In addition, it provides Trello, an AI-powered personal productivity tool; and Guard, an app for detecting and responding to security threats. The company has a strategic collaboration with Mattermost, Inc. for the development of Mattermost Docs, a sovereign, self-hosted successor to Confluence for defense, intelligence, and critical infrastructure organizations. The company was founded in 2002 and is headquartered in Sydney, Australia.
Atlassian Corporation (TEAM) reported trailing twelve months revenue of $6.19B as of March 2026, a 24.7% increase year-over-year. Quarterly revenue reached $1.79B, reflecting continued top-line momentum.
Atlassian Corporation reported a TTM net loss of $216.81M, with quarterly EBITDA of $-15.00M. The operating margin contracted from -0.9% to -3.1%, suggesting rising cost pressures or pricing headwinds.
The spread between operating margin (-3.1%) and net margin (-5.5%) indicates tight cost control with minimal non-operating drag. Net margin has narrowed from -5.2% a year ago, reflecting increased costs or interest expense.
TEAM trades at a P/S of 2.8x. The price-to-book ratio of 19.9x indicates a significant premium over book value.
The company generated $561.26M in free cash flow over the trailing twelve months, a 12.1% decrease year-over-year, indicating strong cash generation ability. The balance sheet shows $5.65B in total assets with $989.08M in long-term debt against $879.03M in stockholders equity for a debt-to-equity ratio of 1.1. Data based on the most recent quarterly reports.
Competitive analysis based on 15 quarters of fundamental data
Operating margins are under pressure, averaging -3.6%. The business may lack pricing power or face rising costs.'
ROE is low or negative, suggesting limited competitive advantage or capital allocation challenges.
8 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
TTM revenue has grown consistently (7 of 7 quarters up), with ~42.0% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 15 quarters
The company posted negative operating margins in recent quarters — core operations are unprofitable.
FCF consistently trails net income (avg -6.0x) — earnings may be inflated by non-cash items or aggressive accounting.
Debt-to-equity has risen 56.0% recently — increasing financial risk even if the current ratio is manageable.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Share count is stable — no significant dilution or buyback activity.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation