Atlassian (TEAM) Cost of Revenue (2014 - 2026)
Atlassian (TEAM) reported Cost of Revenue of $262.8 million for Q1 2026, down 11.18% year-over-year from $295.8 million in Q1 2025, and up 10.55% on a QoQ basis from $237.7 million in Q4 2025.
Atlassian (TEAM) has 13 years of Cost of Revenue data on file, last reported at $262.8 million in Q1 2026.
- Quarterly Cost of Revenue fell 11.18% year-over-year to $262.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $992.8 million (down 4.32% YoY) and the FY2025 annual result came in at $894.9 million, up 11.37% from the prior year.
- Cost of Revenue climbed to $262.8 million in Q1 2026 per TEAM's latest filing, from $237.7 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $295.8 million in Q1 2025 and bottomed at $66.5 million in Q2 2023.
- The 5-year median for Cost of Revenue is $217.5 million (2024), against an average of $202.5 million.
- The widest annual swing landed in 2023, when Cost of Revenue tumbled 50.04%; it then soared 226.95% in 2024.
- Tracing TEAM's Cost of Revenue over 5 years: stood at $155.9 million in 2022, then jumped by 41.4% to $220.5 million in 2023, then climbed by 23.3% to $271.9 million in 2024, then decreased by 12.58% to $237.7 million in 2025, then increased by 10.55% to $262.8 million in 2026.
- Per Business Quant, the three latest TEAM Cost of Revenue figures stand at $262.8 million (Q1 2026), $237.7 million (Q4 2025), and $257.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 4.02 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.62 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 940.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 211.49 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.71 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 1.79 Bn |
| 10 | Atlassian | 22.43 Bn | 21.30 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 | 295.83 Mn |
| Mar 31, 2025 | 295.83 Mn |
| Dec 31, 2024 | 271.89 Mn |
| Dec 31, 2024 | 271.89 Mn |
| Sep 30, 2024 | 252.39 Mn |
| Sep 30, 2024 | 252.39 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 | 220.51 Mn |
| Dec 31, 2023 | 220.51 Mn |
| Sep 30, 2023 | 178.03 Mn |
| Sep 30, 2023 | 178.03 Mn |
| Jun 30, 2023 | 66.53 Mn |
| Jun 30, 2023 | 66.53 Mn |
| Mar 31, 2023 | 168.65 Mn |
| Mar 31, 2023 | 168.65 Mn |
| Dec 31, 2022 | 155.95 Mn |
| Dec 31, 2022 | 155.95 Mn |
| Sep 30, 2022 | 160.13 Mn |
| Sep 30, 2022 | 160.13 Mn |
| Jun 30, 2022 | 133.15 Mn |
| Jun 30, 2022 | 133.15 Mn |
| Mar 31, 2022 | 116.06 Mn |
| Mar 31, 2022 | 116.06 Mn |
| Dec 31, 2021 | 121.05 Mn |
| Dec 31, 2021 | 121.05 Mn |
| Sep 30, 2021 | 99.33 Mn |
| Sep 30, 2021 | 99.33 Mn |
| Jun 30, 2021 | 97.97 Mn |
| Jun 30, 2021 | 97.97 Mn |
| Mar 31, 2021 | 84.89 Mn |
| Mar 31, 2021 | 84.89 Mn |
| Dec 31, 2020 | 79.48 Mn |
| Dec 31, 2020 | 79.48 Mn |
| Sep 30, 2020 | 73.68 Mn |
| Sep 30, 2020 | 73.68 Mn |
| Jun 30, 2020 | 70.11 Mn |
| Jun 30, 2020 | 70.11 Mn |
| Mar 31, 2020 | 70.66 Mn |
| Mar 31, 2020 | 70.66 Mn |
| Dec 31, 2019 | 65.76 Mn |
| Dec 31, 2019 | 65.76 Mn |
| Sep 30, 2019 | 62.28 Mn |
| Sep 30, 2019 | 62.28 Mn |
| Jun 30, 2019 | 61.13 Mn |
| Jun 30, 2019 | 61.13 Mn |
| Mar 31, 2019 | 54.19 Mn |
| Mar 31, 2019 | 54.19 Mn |
| Dec 31, 2018 | 49.78 Mn |
| Dec 31, 2018 | 49.78 Mn |
| Sep 30, 2018 | 45.19 Mn |
| Sep 30, 2018 | 45.19 Mn |
| Jun 30, 2018 | 44.20 Mn |
| Jun 30, 2018 | 44.20 Mn |
| Mar 31, 2018 | 45.24 Mn |
| Mar 31, 2018 | 45.24 Mn |
| Dec 31, 2017 | 10.47 Mn |
| Dec 31, 2017 | 10.47 Mn |
| Sep 30, 2017 | 40.09 Mn |
| Sep 30, 2017 | 40.09 Mn |
| Jun 30, 2017 | 36.81 Mn |
| Jun 30, 2017 | 36.81 Mn |
| Mar 31, 2017 | 11.56 Mn |
| Mar 31, 2017 | 11.56 Mn |
| Dec 31, 2016 | 26.90 Mn |
| Dec 31, 2016 | 26.90 Mn |
| Sep 30, 2016 | 22.56 Mn |
| Sep 30, 2016 | 22.56 Mn |
| Jun 30, 2016 | 21.13 Mn |
| Jun 30, 2016 | 21.13 Mn |
| Mar 31, 2016 | 19.76 Mn |
| Mar 31, 2016 | 19.76 Mn |
| Dec 31, 2015 | 5.20 Mn |
| Dec 31, 2015 | 5.20 Mn |
| Sep 30, 2015 | 16.42 Mn |
| Sep 30, 2015 | 16.42 Mn |
| Jun 30, 2015 | 15.26 Mn |
| Jun 30, 2015 | 15.26 Mn |
| Mar 31, 2015 | 13.47 Mn |
| Mar 31, 2015 | 13.47 Mn |
| Dec 31, 2014 | 10.50 Mn |
| Dec 31, 2014 | 10.50 Mn |