Atlassian (TEAM) Net Margin (2021 - 2026)
Atlassian's (TEAM) quarterly Net Margin came in at 5.51% in Q1 2026, down 28.0% year-on-year from 7.65% in Q1 2025, and down 104.82% on a QoQ basis from 2.69% in Q4 2025.
Atlassian (TEAM) Net Margin (2021 - 2026) Analysis & Trends
Atlassian (TEAM) has 6 years of Net Margin data on file, last reported at 5.51% in Q1 2026.
- On a quarterly basis, Net Margin fell 28.0% year-over-year to 5.51% in Q1 2026; TTM through Mar 2026 was 3.5%, a 516.0% increase from a year earlier, with the FY2025 full-year figure at 4.92%, up 197.0% from the prior year.
- Net Margin for Q1 2026 stood at 5.51%, down from 2.69% in the prior quarter.
- Over the last five years, Net Margin for TEAM reached as high as 1.07% in Q1 2024 and fell as low as 23.49% in Q4 2022.
- Historically, Net Margin has averaged 7.37% across 5 years, with a median of 5.22% in 2025.
- Across the five-year window, Net Margin surged 6527 bps in 2022 and slumped 2346 bps in 2023, its largest moves.
- Year by year, Net Margin stood at 23.49% in 2022, then soared by 66 bps to 7.97% in 2023, then jumped by 63 bps to 2.97% in 2024, then advanced by 9 bps to 2.69% in 2025, then slumped by 105 bps to 5.51% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 5.51% in Q1 2026, 2.69% in Q4 2025, and 3.62% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 201.92 Bn | 181.68 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 192.40 Bn | 189.70 Bn | - | - |
| 3 | Shopify | 164.22 Bn | 158.47 Bn | 1.55 Bn | -18.33% |
| 4 | Salesforce | 153.50 Bn | 141.66 Bn | 8.56 Bn | 18.93% |
| 5 | Uber Technologies | 138.61 Bn | 137.40 Bn | 5.95 Bn | 2.29% |
| 6 | ServiceNow | 111.29 Bn | 106.63 Bn | 2.82 Bn | 7.47% |
| 7 | Automatic Data Processing | 103.39 Bn | 100.16 Bn | 2.87 Bn | 22.90% |
| 8 | Adobe | 97.32 Bn | 91.69 Bn | 5.90 Bn | 25.87% |
| 9 | Snowflake | 93.83 Bn | 90.88 Bn | 926.45 Mn | -21.25% |
| 10 | Atlassian | 25.30 Bn | 24.17 Bn | 1.52 Bn | -5.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.51% |
| Dec 31, 2025 | -2.69% |
| Sep 30, 2025 | -3.62% |
| Jun 30, 2025 | -1.73% |
| Mar 31, 2025 | -5.22% |
| Dec 31, 2024 | -2.97% |
| Sep 30, 2024 | -10.42% |
| Jun 30, 2024 | -17.40% |
| Mar 31, 2024 | 1.07% |
| Dec 31, 2023 | -7.97% |
| Sep 30, 2023 | -3.26% |
| Jun 30, 2023 | -6.28% |
| Mar 31, 2023 | -22.83% |
| Dec 31, 2022 | -23.49% |
| Sep 30, 2022 | -1.70% |
| Jun 30, 2022 | -11.93% |
| Mar 31, 2022 | 0.63% |
| Dec 31, 2021 | -3.25% |
| Sep 30, 2021 | -66.97% |