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
DateValue
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