Atlassian TEAM
NASDAQ TEAM
$189.58 -5.10 (-2.62%)
At close: Sep 4, 2026 · 4:00 PM EDT

Atlassian (TEAM) Operating Expenses (2021 - 2026)

Atlassian's (TEAM) quarterly Operating Expenses came in at $1.3 billion in Q2 2026, up 11.79% year-over-year from $1.2 billion in Q2 2025, and down 16.65% quarter-over-quarter from $1.6 billion in Q1 2026.

Analysis

Atlassian (TEAM) Operating Expenses (2021 - 2026) Analysis & Trends

Atlassian (TEAM) has reported Operating Expenses for 6 consecutive years, with $1.3 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 11.79% year-over-year to $1.3 billion in Q2 2026; TTM through Jun 2026 was $5.6 billion, a 25.04% increase from a year earlier, with the FY2026 full-year figure at $5.6 billion, up 25.04% from the prior year.
  • Operating Expenses was $1.3 billion for Q2 2026 at Atlassian, down from $1.6 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.6 billion in Q1 2026 and troughed at $591.5 million in Q1 2022.
  • A 5-year average of $1.0 billion and a median of $969.5 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 53.56% in 2023 and grew 5.45% in 2024, its largest moves.
  • Over 5 years, Operating Expenses stood at $816.0 million in 2022, then rose by 12.09% to $914.6 million in 2023, then gained by 22.54% to $1.1 billion in 2024, then grew by 24.59% to $1.4 billion in 2025, then slipped by 5.66% to $1.3 billion in 2026.
  • The last three Operating Expenses figures came in at $1.3 billion (Q2 2026), $1.6 billion (Q1 2026), and $1.4 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Atlassian 49.32 Bn 48.08 Bn 1.53 Bn 1.32 Bn
2 Dropbox 7.65 Bn 6.54 Bn 506.50 Mn 341.70 Mn
3 Open Text 5.80 Bn 4.84 Bn 1.01 Bn 691.79 Mn
4 Box 4.83 Bn 4.38 Bn 253.97 Mn 221.33 Mn
5 Asana 2.03 Bn 1.81 Bn 186.10 Mn 227.32 Mn
6 Cheetah Mobile 99.06 Mn -64.30 Mn 24.15 Mn -28.25 Mn
7 Upland Software 10.97 Mn -20.70 Mn 37.47 Mn 67.17 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.32 Bn
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