Atlassian (TEAM) Cost of Revenue (2021 - 2026)

Atlassian (TEAM) has reported Cost of Revenue for 6 consecutive years, with $238.5 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Cost of Revenue rose 1.72% year-over-year to $238.5 million in Q2 2026; TTM through Jun 2026 was $996.8 million, a 11.4% increase from a year earlier, with the FY2026 full-year figure at $996.8 million, up 11.4% from the prior year.
• Cost of Revenue was $238.5 million for Q2 2026 at Atlassian, down from $262.8 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $262.8 million in Q1 2026 and troughed at $116.1 million in Q1 2022.
• A 5-year average of $198.6 million and a median of $215.5 million in 2024 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue jumped 45.31% in 2023 and increased 1.72% in 2026, its largest moves.
• Over 5 years, Cost of Revenue stood at $155.9 million in 2022, then rose by 24.75% to $194.5 million in 2023, then gained by 14.7% to $223.1 million in 2024, then grew by 6.53% to $237.7 million in 2025, then climbed by 0.32% to $238.5 million in 2026.
• The last three Cost of Revenue figures came in at $238.5 million (Q2 2026), $262.8 million (Q1 2026), and $237.7 million (Q4 2025), per Business Quant data.