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
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