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
DateValue
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