Atlassian (TEAM) Operating Expenses (2021 - 2026)
Atlassian (TEAM) posted quarterly Operating Expenses of $1.6 billion for Q1 2026, up 37.49% year-over-year from $1.1 billion in Q1 2025, and up 13.19% quarter-over-quarter from $1.4 billion in Q4 2025.
Atlassian (TEAM) Operating Expenses (2021 - 2026) Analysis & Trends
Atlassian (TEAM) has reported Operating Expenses for 6 consecutive years, with $1.6 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 37.49% year-over-year to $1.6 billion; the TTM figure through Mar 2026 stood at $5.4 billion (up 27.57% YoY), while the FY2025 annual figure was $4.5 billion, up 21.2% from the prior year.
- Operating Expenses rose to $1.6 billion in Q1 2026 per TEAM's latest filing, from $1.4 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $1.6 billion in Q1 2026 and bottomed at $591.5 million in Q1 2022.
- Historically, Operating Expenses has averaged $993.0 million across 5 years, with a median of $957.9 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Expenses soared 53.56% — and 2024, when it increased 5.45%.
- Atlassian's Operating Expenses stood at $816.0 million in 2022, then advanced by 12.09% to $914.6 million in 2023, then climbed by 22.54% to $1.1 billion in 2024, then rose by 24.59% to $1.4 billion in 2025, then rose by 13.19% to $1.6 billion in 2026.
- Business Quant data shows TEAM's Operating Expenses at $1.6 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.3 billion in Q3 2025.
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| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Atlassian | 42.33 Bn | 41.20 Bn | 1.52 Bn | 1.58 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.58 Bn |
| Dec 31, 2025 | 1.40 Bn |
| Sep 30, 2025 | 1.27 Bn |
| Jun 30, 2025 | 1.18 Bn |
| Mar 31, 2025 | 1.15 Bn |
| Dec 31, 2024 | 1.12 Bn |
| Sep 30, 2024 | 1.00 Bn |
| Jun 30, 2024 | 981.04 Mn |
| Mar 31, 2024 | 957.90 Mn |
| Dec 31, 2023 | 914.64 Mn |
| Sep 30, 2023 | 818.62 Mn |
| Jun 30, 2023 | 819.71 Mn |
| Mar 31, 2023 | 908.37 Mn |
| Dec 31, 2022 | 816.00 Mn |
| Sep 30, 2022 | 702.03 Mn |
| Jun 30, 2022 | 671.77 Mn |
| Mar 31, 2022 | 591.53 Mn |
| Dec 31, 2021 | 555.29 Mn |
| Sep 30, 2021 | 461.29 Mn |