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| 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 |