Atlassian (TEAM) Operating Expenses (2021 - 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% quarter-over-quarter from $1.4 billion in Q4 2025.
Atlassian (TEAM) Operating Expenses (2021 - 2026) Analysis & Trends
Atlassian (TEAM) has 6 years of Operating Expenses data on file, last reported at $1.6 billion in Q1 2026.
- Operating Expenses for Q1 2026 came in at $1.6 billion, up 37.49% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.4 billion (up 27.57% YoY), and the FY2025 annual result was $4.5 billion, up 21.2% from the prior year.
- Operating Expenses advanced to $1.6 billion in Q1 2026 per TEAM's latest filing, from $1.4 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 $993.0 million and a median of $957.9 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 53.56% in 2023, then increased 5.45% in 2024.
- A 5-year view of Operating Expenses shows it stood at $816.0 million in 2022, then gained by 12.09% to $914.6 million in 2023, then advanced by 22.54% to $1.1 billion in 2024, then increased by 24.59% to $1.4 billion in 2025, then increased 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -269.42 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 6.22 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.04 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 2.33 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 3.67 Bn |
| 10 | Atlassian | 23.10 Bn | 21.96 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 |