Atlassian (TEAM) Cost of Revenue (2021 - 2026)
Atlassian's (TEAM) quarterly Cost of Revenue came in at $262.8 million in Q1 2026, up 19.61% year-on-year from $219.7 million in Q1 2025, and up 10.55% on a QoQ basis from $237.7 million in Q4 2025.
Atlassian (TEAM) Cost of Revenue (2021 - 2026) Analysis & Trends
Atlassian (TEAM) has 6 years of Cost of Revenue data on file, last reported at $262.8 million in Q1 2026.
- On a quarterly basis, Cost of Revenue rose 19.61% year-over-year to $262.8 million in Q1 2026; TTM through Mar 2026 was $992.8 million, a 13.08% increase from a year earlier, with the FY2025 full-year figure at $894.9 million, up 11.37% from the prior year.
- Cost of Revenue for Q1 2026 stood at $262.8 million, up from $237.7 million in the prior quarter.
- Over the last five years, Cost of Revenue for TEAM reached as high as $262.8 million in Q1 2026 and fell as low as $116.1 million in Q1 2022.
- Historically, Cost of Revenue has averaged $196.3 million across 5 years, with a median of $213.4 million in 2024.
- Across the five-year window, Cost of Revenue soared 45.31% in 2023 and rose 2.93% in 2025, its largest moves.
- Year by year, Cost of Revenue stood at $155.9 million in 2022, then grew by 24.75% to $194.5 million in 2023, then increased by 14.7% to $223.1 million in 2024, then advanced by 6.53% to $237.7 million in 2025, then grew by 10.55% to $262.8 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $262.8 million in Q1 2026, $237.7 million in Q4 2025, and $257.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 1.62 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 2.57 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 7.26 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 1.17 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 3.07 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 464.50 Mn |
| 10 | Atlassian | 25.02 Bn | 23.88 Bn | 1.52 Bn | 262.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 262.76 Mn |
| Mar 31, 2026 | 262.76 Mn |
| Dec 31, 2025 | 237.69 Mn |
| Dec 31, 2025 | 237.69 Mn |
| Sep 30, 2025 | 257.92 Mn |
| Sep 30, 2025 | 257.92 Mn |
| Jun 30, 2025 | 234.43 Mn |
| Jun 30, 2025 | 234.43 Mn |
| Mar 31, 2025 | 219.68 Mn |
| Mar 31, 2025 | 219.68 Mn |
| Dec 31, 2024 | 223.13 Mn |
| Dec 31, 2024 | 223.13 Mn |
| Sep 30, 2024 | 217.62 Mn |
| Sep 30, 2024 | 217.62 Mn |
| Jun 30, 2024 | 217.51 Mn |
| Jun 30, 2024 | 217.51 Mn |
| Mar 31, 2024 | 213.43 Mn |
| Mar 31, 2024 | 213.43 Mn |
| Dec 31, 2023 | 194.54 Mn |
| Dec 31, 2023 | 194.54 Mn |