Atlassian (TEAM) Operating Expenses (2021 - 2026)
Atlassian's (TEAM) quarterly Operating Expenses came in at $1.6 billion in Q1 2026, up 37.49% year-on-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) 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.
- On a quarterly basis, Operating Expenses rose 37.49% year-over-year to $1.6 billion in Q1 2026; TTM through Mar 2026 was $5.4 billion, a 27.57% increase from a year earlier, with the FY2025 full-year figure at $4.5 billion, up 21.2% from the prior year.
- Operating Expenses for Q1 2026 stood at $1.6 billion, up from $1.4 billion in the prior quarter.
- Over the last five years, Operating Expenses for TEAM reached as high as $1.6 billion in Q1 2026 and fell as low as $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.
- Across the five-year window, Operating Expenses jumped 53.56% in 2023 and climbed 5.45% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $816.0 million in 2022, then grew by 12.09% to $914.6 million in 2023, then increased by 22.54% to $1.1 billion in 2024, then advanced by 24.59% to $1.4 billion in 2025, then advanced by 13.19% to $1.6 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | Atlassian | 20.92 Bn | 19.78 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 |