Atlassian Corporation (TEAM) Income Statement
TEAM FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsTEAM revenue and net income
Where TEAM's revenue goes
FY2026Each bar shows an amount and its share of revenue. TEAM kept −0.8% of revenue as net income.
TEAM profit margins
TEAM growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +26.0% | +23.0% | +25.8% | +30.5% |
| Gross profit | +29.0% | +24.3% | +26.2% | +30.8% |
| Operating income | — | — | −31.3% | — |
| Net income | — | — | — | — |
| EPS (diluted) | +75.8% | +34.4% | +27.4% | +33.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TEAM quarterly EPS vs estimates
Atlassian beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.26).
TEAM income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.57B | $5.22B | $4.36B | $3.53B | $2.80B | $2.09B | $1.61B | $1.21B | $874.0M | $619.9M |
| Cost of revenue | $996.8M | $894.9M | $803.5M | $633.8M | $452.9M | $346.7M | $268.8M | $210.3M | $172.7M | $119.2M |
| Gross profit | $5.58B | $4.32B | $3.56B | $2.90B | $2.35B | $1.74B | $1.35B | $999.8M | $708.3M | $507.5M |
| Research & development | $3.27B | $2.67B | $2.18B | $1.87B | $1.29B | $991.6M | $763.2M | $579.1M | $415.8M | $310.2M |
| Sales, general & admin | $2.30B | $1.78B | $1.48B | $1.37B | $978.7M | $683.1M | $568.1M | $484.1M | $338.6M | $253.2M |
| Total operating expenses | $5.57B | $4.45B | $3.67B | $3.25B | $2.28B | $1.67B | $1.33B | $1.06B | $754.3M | $563.4M |
| Operating income | $10.4M | −$130.4M | −$117.1M | −$345.2M | $70.1M | $67.6M | $14.1M | −$63.4M | −$46.0M | −$55.8M |
| Interest income | $69.7M | $112.3M | $96.7M | $49.7M | $2.3M | $7.2M | $27.8M | $33.5M | $9.9M | $4.9M |
| Interest expense | $49.5M | $30.6M | $34.1M | $30.1M | $41.5M | $92.6M | $49.6M | $40.2M | $6.8M | $75,000 |
| Income before taxes | $22.1M | −$98.9M | −$85.4M | −$311.1M | −$470.9M | −$634.7M | −$346.2M | −$605.6M | −$58.1M | −$52.4M |
| Income taxes | $75.9M | $157.8M | $215.1M | $175.6M | $48.6M | $61.7M | $4.4M | $32.1M | $55.3M | −$15.0M |
| Net income | −$53.8M | −$256.7M | −$300.5M | −$486.8M | −$519.5M | −$696.3M | −$350.7M | −$637.6M | −$113.4M | −$37.4M |
| EBITDA | $212.2M | $24.0M | $27.4M | −$220.1M | −$377.7M | −$419.1M | −$199.2M | −$495.1M | $28.1M | $9.2M |
| EPS (diluted) | $4.66 | $2.65 | $2.93 | $1.92 | $1.70 | $1.39 | $1.15 | $0.86 | $0.49 | $0.36 |
| Gross margin | 84.8% | 82.8% | 81.6% | 82.1% | 83.8% | 83.4% | 83.3% | 82.6% | 81.0% | 81.9% |
| Operating margin | 0.2% | −2.5% | −2.7% | −9.8% | 2.5% | 3.2% | 0.9% | −5.2% | −5.3% | −9.0% |
| Net margin | −0.8% | −4.9% | −6.9% | −13.8% | −18.5% | −33.3% | −21.7% | −52.7% | −13.0% | −6.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.77B | $1.79B | $1.59B | $1.43B | $1.38B | $1.36B | $1.29B | $1.19B | $1.13B | $1.19B | $1.06B | $977.8M |
| Cost of revenue | $231.8M | $269.4M | $237.7M | $257.9M | $234.4M | $219.7M | $223.1M | $217.6M | $217.5M | $213.4M | $194.5M | $178.0M |
| Gross profit | $1.53B | $1.52B | $1.35B | $1.17B | $1.15B | $1.14B | $1.06B | $970.2M | $914.1M | $975.7M | $865.6M | $799.7M |
| Research & development | $759.9M | $926.9M | $826.5M | $756.0M | $700.7M | $685.3M | $680.2M | $603.1M | $589.1M | $576.5M | $536.8M | $481.7M |
| Sales, general & admin | $564.0M | $647.0M | $569.9M | $515.0M | $477.7M | $464.2M | $436.9M | $399.0M | $379.5M | $381.4M | $375.1M | $336.9M |
| Total operating expenses | $1.32B | $1.57B | $1.40B | $1.27B | $1.18B | $1.15B | $1.12B | $1.00B | $981.0M | $957.9M | $914.6M | $818.6M |
| Operating income | $210.7M | −$56.3M | −$47.7M | −$96.3M | −$28.5M | −$12.5M | −$57.5M | −$32.0M | −$67.0M | $17.8M | −$49.1M | −$18.9M |
| Interest income | $9.2M | $12.6M | $18.1M | $29.8M | $30.4M | $27.8M | $25.6M | $28.6M | $27.4M | $21.4M | $22.6M | $25.2M |
| Interest expense | $14.1M | $14.1M | $12.5M | $8.6M | $8.1M | $7.8M | $7.3M | $7.3M | $7.6M | $8.5M | $9.0M | $9.0M |
| Income before taxes | $196.9M | −$62.8M | −$55.8M | −$56.3M | −$14.2M | −$7.4M | −$47.2M | −$30.2M | −$54.1M | $19.8M | −$40.1M | −$11.0M |
| Income taxes | $57.8M | $35.6M | −$13.1M | −$4.5M | $9.7M | $63.5M | −$9.0M | $93.6M | $142.8M | $7.0M | $44.4M | $20.9M |
| Net income | $139.1M | −$98.4M | −$42.6M | −$51.9M | −$23.9M | −$70.8M | −$38.2M | −$123.8M | −$196.9M | $12.8M | −$84.5M | −$31.9M |
| EBITDA | $250.5M | −$7.5M | −$7.6M | −$23.4M | $17.2M | $23.6M | −$16.7M | −$19,000 | −$23.3M | $51.7M | −$14.1M | $13.1M |
| EPS (diluted) | $0.65 | $1.75 | $1.22 | $1.04 | −$0.05 | $0.97 | $0.96 | $0.77 | $0.66 | $0.89 | $0.73 | $0.65 |
| Gross margin | 86.9% | 84.9% | 85.0% | 82.0% | 83.1% | 83.8% | 82.7% | 81.7% | 80.8% | 82.1% | 81.6% | 81.8% |
| Operating margin | 11.9% | −3.1% | −3.0% | −6.7% | −2.1% | −0.9% | −4.5% | −2.7% | −5.9% | 1.5% | −4.6% | −1.9% |
| Net margin | 7.9% | −5.5% | −2.7% | −3.6% | −1.7% | −5.2% | −3.0% | −10.4% | −17.4% | 1.1% | −8.0% | −3.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TEAM's financial statements (latest annual report filed August 14, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TEAM financial results
In fiscal year 2026 (ended June 30, 2026), Atlassian reported revenue of $6.6 billion, up 26.0% from the year before. It had a net loss of $53.8 million, a net profit margin of −0.8%. Diluted earnings per share came to $4.66. Over five years revenue grew at an average rate of 25.8% a year.
See the TEAM stock overview for the latest quote and news, or the TEAM chart for price history and technical indicators.
TEAM income statement FAQ
What is Atlassian's annual revenue?
Atlassian reported total revenue of $6.6 billion for fiscal year 2026, which ended on June 30, 2026. That was up 26.0% from $5.2 billion the previous year.
Is Atlassian profitable?
No. Atlassian reported a net loss of $53.8 million in fiscal 2026, a net profit margin of −0.8%; its operating margin was 0.2%.
What is Atlassian's gross margin?
Atlassian's gross margin was 84.8% in fiscal 2026: for every $100 of revenue, Atlassian kept $85 after the direct cost of its products and services.
How much does Atlassian spend on research and development?
Atlassian spent $3.3 billion on research and development in fiscal 2026, 49.7% of revenue.
How fast is Atlassian growing?
Revenue grew 25.8% a year on average over the last five fiscal years, from $2.1 billion to $6.6 billion.
What are Atlassian's earnings per share?
Atlassian earned $4.66 per diluted share in fiscal 2026, compared with $2.65 a year earlier.
When will Atlassian report its next earnings?
Atlassian is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does Atlassian's fiscal year end?
Atlassian's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on August 14, 2026.