Atlassian (TEAM) Cost of Revenue (2021 - 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% quarter-over-quarter 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.

  • Cost of Revenue for Q1 2026 came in at $262.8 million, down 11.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $992.8 million (down 4.32% YoY), and the FY2025 annual result was $894.9 million, up 11.37% from the prior year.
  • Cost of Revenue advanced to $262.8 million in Q1 2026 per TEAM's latest filing, from $237.7 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $295.8 million in Q1 2025 and troughed at $66.5 million in Q2 2023.
  • A 5-year average of $200.0 million and a median of $217.5 million in 2024 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2023 and 2024: Cost of Revenue retreated 26.21% in 2023, then surged 226.95% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $155.9 million in 2022, then soared by 41.4% to $220.5 million in 2023, then increased by 23.3% to $271.9 million in 2024, then dropped by 12.58% to $237.7 million in 2025, then gained by 10.55% to $262.8 million in 2026.
  • Business Quant data shows TEAM's Cost of Revenue at $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 238.14 Bn 220.17 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 55.33 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 1.33 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 1.62 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 3.77 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 211.49 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 940.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 3.07 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 715.00 Mn
10 Atlassian 23.10 Bn 21.96 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 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