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
DateValue
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%