Atlassian (TEAM) Gross Margin (2021 - 2026)
Atlassian's (TEAM) quarterly Gross Margin came in at 86.5% in Q2 2026, up 344.0% year-over-year from 19.48% in Q2 2025, and up 1.41% quarter-over-quarter from 85.3% in Q1 2026.
Analysis
Atlassian (TEAM) Gross Margin (2021 - 2026) Analysis & Trends
Atlassian (TEAM) has reported Gross Margin for 6 consecutive years, with 86.5% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 344.0% year-over-year to 86.5% in Q2 2026; TTM through Jun 2026 was 84.83%, a 199.0% increase from a year earlier, with the FY2026 full-year figure at 84.83%, up 199.0% from the prior year.
- Gross Margin was 86.5% for Q2 2026 at Atlassian, up from 85.3% in the prior quarter.
- Over five years, Gross Margin peaked at 86.5% in Q2 2026 and troughed at 80.78% in Q2 2024.
- A 5-year average of 82.88% and a median of 82.39% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 275 bps in 2023 and surged 344 bps in 2026, its largest moves.
- Over 5 years, Gross Margin stood at 82.13% in 2022, then retreated by 1 bps to 81.65% in 2023, then increased by 1 bps to 82.66% in 2024, then advanced by 3 bps to 85.02% in 2025, then gained by 2 bps to 86.5% in 2026.
- The last three Gross Margin figures came in at 86.5% (Q2 2026), 85.3% (Q1 2026), and 85.02% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | 86.50% |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | 80.21% |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 74.98% |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | 79.08% |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | 85.99% |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | 64.31% |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | 76.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 86.50% |
| Mar 31, 2026 | 85.30% |
| Dec 31, 2025 | 85.02% |
| Sep 30, 2025 | 82.00% |
| Jun 30, 2025 | 83.07% |
| Mar 31, 2025 | 83.81% |
| Dec 31, 2024 | 82.66% |
| Sep 30, 2024 | 81.68% |
| Jun 30, 2024 | 80.78% |
| Mar 31, 2024 | 82.05% |
| Dec 31, 2023 | 81.65% |
| Sep 30, 2023 | 81.79% |
| Jun 30, 2023 | 81.92% |
| Mar 31, 2023 | 81.58% |
| Dec 31, 2022 | 82.13% |
| Sep 30, 2022 | 82.74% |
| Jun 30, 2022 | 82.84% |
| Mar 31, 2022 | 84.33% |
| Dec 31, 2021 | 84.00% |
| Sep 30, 2021 | 84.32% |