Atlassian (TEAM) FCF Margin (2021 - 2026)
Atlassian's (TEAM) quarterly FCF Margin came in at 26.87% in Q2 2026, up 84.0% year-over-year from 14.6% in Q2 2025, and down 14.44% quarter-over-quarter from 31.41% in Q1 2026.
Analysis
Atlassian (TEAM) FCF Margin (2021 - 2026) Analysis & Trends
Atlassian (TEAM) has reported FCF Margin for 6 consecutive years, with 26.87% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin rose 84.0% year-over-year to 26.87% in Q2 2026; TTM through Jun 2026 was 20.07%, a 707.0% decrease from a year earlier, with the FY2026 full-year figure at 20.07%, down 707.0% from the prior year.
- FCF Margin was 26.87% for Q2 2026 at Atlassian, down from 31.41% in the prior quarter.
- Over five years, FCF Margin peaked at 47.05% in Q1 2025 and troughed at 6.26% in Q3 2024.
- A 5-year average of 26.07% and a median of 26.72% in 2023 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin soared 1003 bps in 2023 and sank 1601 bps in 2025, its largest moves.
- Over 5 years, FCF Margin stood at 16.79% in 2022, then jumped by 60 bps to 26.81% in 2023, then fell by 1 bps to 26.63% in 2024, then plunged by 60 bps to 10.62% in 2025, then soared by 153 bps to 26.87% in 2026.
- The last three FCF Margin figures came in at 26.87% (Q2 2026), 31.41% (Q1 2026), and 10.62% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | 26.87% |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | 37.24% |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 9.04% |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | - |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | 19.18% |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | - |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | 7.91% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.87% |
| Mar 31, 2026 | 31.41% |
| Dec 31, 2025 | 10.62% |
| Sep 30, 2025 | 8.00% |
| Jun 30, 2025 | 26.03% |
| Mar 31, 2025 | 47.05% |
| Dec 31, 2024 | 26.63% |
| Sep 30, 2024 | 6.26% |
| Jun 30, 2024 | 36.46% |
| Mar 31, 2024 | 46.66% |
| Dec 31, 2023 | 26.81% |
| Sep 30, 2023 | 16.70% |
| Jun 30, 2023 | 28.77% |
| Mar 31, 2023 | 38.20% |
| Dec 31, 2022 | 16.79% |
| Sep 30, 2022 | 9.41% |
| Jun 30, 2022 | 25.04% |
| Mar 31, 2022 | 41.63% |
| Dec 31, 2021 | 28.16% |
| Sep 30, 2021 | 9.47% |