Atlassian (TEAM) Operating Expenses (2014 - 2026)
Atlassian (TEAM) reported 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% on a QoQ basis from $1.4 billion in Q4 2025.
Atlassian (TEAM) has 13 years of Operating Expenses data on file, last reported at $1.6 billion in Q1 2026.
- Quarterly Operating Expenses rose 37.49% year-over-year to $1.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.4 billion (up 27.57% YoY) and the FY2025 annual result came in at $4.5 billion, up 21.2% from the prior year.
- Operating Expenses climbed 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.
- The 5-year median for Operating Expenses is $957.9 million (2024), against an average of $994.0 million.
- The widest annual swing landed in 2023, when Operating Expenses jumped 53.56%; it then climbed 5.45% in 2024.
- Tracing TEAM's Operating Expenses over 5 years: stood at $816.0 million in 2022, then increased by 12.09% to $914.6 million in 2023, then rose by 22.54% to $1.1 billion in 2024, then climbed by 24.59% to $1.4 billion in 2025, then climbed by 13.19% to $1.6 billion in 2026.
- Per Business Quant, the three latest TEAM Operating Expenses figures stand at $1.6 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.3 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | Atlassian | 22.43 Bn | 21.30 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 | 689.94 Mn |
| Mar 31, 2022 | 591.53 Mn |
| Dec 31, 2021 | 555.29 Mn |
| Sep 30, 2021 | 461.29 Mn |
| Jun 30, 2021 | 469.10 Mn |
| Mar 31, 2021 | 414.33 Mn |
| Dec 31, 2020 | 394.16 Mn |
| Sep 30, 2020 | 373.89 Mn |
| Jun 30, 2020 | 363.64 Mn |
| Mar 31, 2020 | 360.85 Mn |
| Dec 31, 2019 | 301.12 Mn |
| Sep 30, 2019 | 305.67 Mn |
| Jun 30, 2019 | 305.90 Mn |
| Mar 31, 2019 | 282.64 Mn |
| Dec 31, 2018 | 252.37 Mn |
| Sep 30, 2018 | 222.30 Mn |
| Jun 30, 2018 | 204.86 Mn |
| Mar 31, 2018 | 189.37 Mn |
| Dec 31, 2017 | 184.43 Mn |
| Sep 30, 2017 | 175.68 Mn |
| Jun 30, 2017 | 169.78 Mn |
| Mar 31, 2017 | 150.08 Mn |
| Dec 31, 2016 | 124.65 Mn |
| Sep 30, 2016 | 119.35 Mn |
| Jun 30, 2016 | 117.85 Mn |
| Mar 31, 2016 | 103.11 Mn |
| Dec 31, 2015 | 87.87 Mn |
| Sep 30, 2015 | 78.32 Mn |
| Jun 30, 2015 | 79.89 Mn |
| Mar 31, 2015 | 71.99 Mn |
| Dec 31, 2014 | 59.35 Mn |