Atlassian (TEAM) Operating Margin (2021 - 2026)
Atlassian's (TEAM) quarterly Operating Margin came in at 3.15% in Q1 2026, down 223.0% year-on-year from 2.56% in Q1 2025, and down 4.64% on a QoQ basis from 3.01% in Q4 2025.
Atlassian (TEAM) Operating Margin (2021 - 2026) Analysis & Trends
Atlassian (TEAM) has 6 years of Operating Margin data on file, last reported at 3.15% in Q1 2026.
- On a quarterly basis, Operating Margin fell 223.0% year-over-year to 3.15% in Q1 2026; TTM through Mar 2026 was 3.7%, a 29.0% decrease from a year earlier, with the FY2025 full-year figure at 2.5%, up 19.0% from the prior year.
- Operating Margin for Q1 2026 stood at 3.15%, down from 3.01% in the prior quarter.
- Over the last five years, Operating Margin for TEAM reached as high as 4.44% in Q1 2022 and fell as low as 17.65% in Q1 2023.
- Historically, Operating Margin has averaged 4.34% across 5 years, with a median of 4.21% in 2022.
- Across the five-year window, Operating Margin tumbled 2209 bps in 2023 and jumped 1915 bps in 2024, its largest moves.
- Year by year, Operating Margin stood at 11.37% in 2022, then jumped by 59 bps to 4.63% in 2023, then grew by 3 bps to 4.47% in 2024, then jumped by 33 bps to 3.01% in 2025, then retreated by 5 bps to 3.15% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 3.15% in Q1 2026, 3.01% in Q4 2025, and 6.72% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 12.05% |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 21.08% |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 14.56% |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 4.06% |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | -22.99% |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 33.82% |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | -23.45% |
| 10 | Atlassian | 25.02 Bn | 23.88 Bn | 1.52 Bn | -3.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |