Atlassian (TEAM) Research & Development (2021 - 2026)
Atlassian's (TEAM) quarterly Research & Development came in at $759.8 million in Q2 2026, up 8.44% year-over-year from $700.7 million in Q2 2025, and down 18.03% quarter-over-quarter from $927.0 million in Q1 2026.
Analysis
Atlassian (TEAM) Research & Development (2021 - 2026) Analysis & Trends
Atlassian (TEAM) has reported Research & Development for 6 consecutive years, with $759.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 8.44% year-over-year to $759.8 million in Q2 2026; TTM through Jun 2026 was $3.3 billion, a 22.48% increase from a year earlier, with the FY2026 full-year figure at $3.3 billion, up 22.48% from the prior year.
- Research & Development was $759.8 million for Q2 2026 at Atlassian, down from $927.0 million in the prior quarter.
- Over five years, Research & Development peaked at $927.0 million in Q1 2026 and troughed at $334.2 million in Q1 2022.
- A 5-year average of $594.1 million and a median of $582.8 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 56.32% in 2023 and grew 8.44% in 2026, its largest moves.
- Over 5 years, Research & Development stood at $473.7 million in 2022, then advanced by 13.32% to $536.8 million in 2023, then increased by 26.72% to $680.2 million in 2024, then gained by 21.5% to $826.5 million in 2025, then dropped by 8.07% to $759.8 million in 2026.
- The last three Research & Development figures came in at $759.8 million (Q2 2026), $927.0 million (Q1 2026), and $826.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | 759.82 Mn |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | 188.10 Mn |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 308.36 Mn |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | 106.72 Mn |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | 104.38 Mn |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | -8.37 Mn |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | 9.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 759.82 Mn |
| Mar 31, 2026 | 926.95 Mn |
| Dec 31, 2025 | 826.49 Mn |
| Sep 30, 2025 | 755.99 Mn |
| Jun 30, 2025 | 700.68 Mn |
| Mar 31, 2025 | 685.32 Mn |
| Dec 31, 2024 | 680.21 Mn |
| Sep 30, 2024 | 603.10 Mn |
| Jun 30, 2024 | 589.10 Mn |
| Mar 31, 2024 | 576.49 Mn |
| Dec 31, 2023 | 536.78 Mn |
| Sep 30, 2023 | 481.74 Mn |
| Jun 30, 2023 | 474.86 Mn |
| Mar 31, 2023 | 522.34 Mn |
| Dec 31, 2022 | 473.68 Mn |
| Sep 30, 2022 | 399.01 Mn |
| Jun 30, 2022 | 367.01 Mn |
| Mar 31, 2022 | 334.16 Mn |
| Dec 31, 2021 | 318.57 Mn |
| Sep 30, 2021 | 272.14 Mn |