Atlassian (TEAM) Operating Margin (2021 - 2026)
Atlassian's (TEAM) quarterly Operating Margin came in at 11.93% in Q2 2026, up 1399.0% year-over-year from 0.8% in Q2 2025, and up 478.74% quarter-over-quarter from 3.15% in Q1 2026.
Powered by 
Analysis
Atlassian (TEAM) Operating Margin (2021 - 2026) Analysis & Trends
Atlassian (TEAM) has reported Operating Margin for 6 consecutive years, with 11.93% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin rose 1399.0% year-over-year to 11.93% in Q2 2026; TTM through Jun 2026 was 0.16%, a 266.0% increase from a year earlier, with the FY2026 full-year figure at 0.16%, up 266.0% from the prior year.
- Operating Margin was 11.93% for Q2 2026 at Atlassian, up from 3.15% in the prior quarter.
- Over five years, Operating Margin peaked at 11.93% in Q2 2026 and troughed at 17.65% in Q1 2023.
- A 5-year average of 3.43% and a median of 3.68% in 2022 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin slumped 2209 bps in 2023 and surged 1915 bps in 2024, its largest moves.
- Over 5 years, Operating Margin stood at 11.37% in 2022, then soared by 59 bps to 4.63% in 2023, then rose by 3 bps to 4.47% in 2024, then soared by 33 bps to 3.01% in 2025, then surged by 496 bps to 11.93% in 2026.
- The last three Operating Margin figures came in at 11.93% (Q2 2026), 3.15% (Q1 2026), and 3.01% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | 11.93% |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | 26.10% |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 23.70% |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | 10.16% |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | -19.05% |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | -10.92% |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | -60.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.93% |
| Mar 31, 2026 | -3.15% |
| Dec 31, 2025 | -3.01% |
| Sep 30, 2025 | -6.72% |
| Jun 30, 2025 | -2.06% |
| Mar 31, 2025 | -0.92% |
| Dec 31, 2024 | -4.47% |
| Sep 30, 2024 | -2.69% |
| Jun 30, 2024 | -5.92% |
| Mar 31, 2024 | 1.50% |
| Dec 31, 2023 | -4.63% |
| Sep 30, 2023 | -1.93% |
| Jun 30, 2023 | -5.37% |
| Mar 31, 2023 | -17.65% |
| Dec 31, 2022 | -11.37% |
| Sep 30, 2022 | -4.21% |
| Jun 30, 2022 | -5.57% |
| Mar 31, 2022 | 4.44% |
| Dec 31, 2021 | 3.35% |
| Sep 30, 2021 | 9.20% |