Atlassian Corp Plc (TEAM) financial statements
Atlassian Corp Plc reported revenue of $6.6B in fiscal 2026, up 30.0% a year over 9 years.
Net income was -$54M and the operating margin 0.2%, against -9.0% in 2017.
Free cash flow was $1.3B, and the company returned $1.8B in net buybacks.
The diluted share count rose 17% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Atlassian Corp Plc's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $620M | $874M | $1.2B | $1.6B | $2.1B | $2.8B | $3.5B | $4.4B | $5.2B | $6.6B |
| Cost of revenue | $119M | $173M | $210M | $269M | $332M | $453M | $634M | $803M | $895M | $997M |
| Gross profit | $508M | $708M | $1000M | $1.3B | $1.8B | $2.3B | $2.9B | $3.6B | $4.3B | $5.6B |
| Research and development | $310M | $416M | $579M | $763M | $933M | $1.3B | $1.9B | $2.2B | $2.7B | $3.3B |
| Selling, general and admin | $119M | $151M | $216M | $268M | $683M | $988M | $1.4B | $1.5B | $1.8B | $2.3B |
| Operating income | -$56M | -$46M | -$63M | $14M | $141M | $70M | -$345M | -$117M | -$130M | $10M |
| Interest expense | $75,000 | $7M | $40M | $50M | $93M | $41M | $30M | $34M | $31M | $49M |
| Pre-tax income | -$52M | -$58M | -$606M | -$346M | -$514M | -$471M | -$311M | -$85M | -$99M | $22M |
| Income tax | -$15M | $55M | $32M | $4M | $65M | $49M | $176M | $215M | $158M | $76M |
| Net income | -$37M | -$113M | -$638M | -$351M | -$579M | -$520M | -$487M | -$301M | -$257M | -$54M |
| EPS (diluted) | -$0.17 | -$0.49 | -$2.67 | -$1.43 | -$2.32 | -$2.05 | -$1.90 | -$1.16 | -$0.98 | -$0.21 |
| Diluted shares | 222M | 231M | 239M | 245M | 250M | 253M | 256M | 259M | 262M | 260M |
| Gross margin | 81.9% | 81.0% | 82.6% | 83.3% | 84.1% | 83.8% | 82.1% | 81.6% | 82.8% | 84.8% |
| Operating margin | -9.0% | -5.3% | -5.2% | 0.9% | 6.8% | 2.5% | -9.8% | -2.7% | -2.5% | 0.2% |
| Net margin | -6.0% | -13.0% | -52.7% | -21.7% | -27.7% | -18.5% | -13.8% | -6.9% | -4.9% | -0.8% |
Balance sheet
Fiscal years, from Atlassian Corp Plc's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $550M | $1.7B | $1.7B | $2.2B | $919M | $1.5B | $2.1B | $2.3B | $2.9B | $1.2B |
| Receivables | $27M | $46M | — | — | — | $308M | $478M | $628M | $778M | $1.3B |
| Total current assets | $612M | $1.8B | $2.0B | $2.6B | $1.6B | $1.9B | $2.7B | $3.1B | $3.9B | $2.8B |
| Property, plant and equipment | $41M | $52M | $81M | $98M | $66M | $101M | $81M | $86M | $105M | $86M |
| Goodwill | $312M | $312M | $609M | $645M | $716M | $723M | $727M | $1.3B | $1.3B | $2.3B |
| Total assets | $1.3B | $2.4B | $3.0B | $3.9B | $2.9B | $3.3B | $4.1B | $5.2B | $6.0B | $6.1B |
| Total current liabilities | $327M | $445M | $2.3B | $3.0B | $2.3B | $1.6B | $2.0B | $2.6B | $3.2B | $3.6B |
| Long-term debt | $0 | $820M | $0 | — | $0 | $999M | $962M | $986M | $988M | $990M |
| Total liabilities | $390M | $1.5B | $2.4B | $3.3B | $2.7B | $3.0B | $3.5B | $4.2B | $4.7B | $5.0B |
| Shareholders' equity | $903M | $907M | $565M | $575M | $313M | $327M | $655M | $1.0B | $1.3B | $1.1B |
| Net debt | -$244M | -$591M | -$1.3B | -$1.5B | -$919M | -$386M | -$1.1B | -$1.2B | -$1.5B | -$250M |
Cash flow
Fiscal years, from Atlassian Corp Plc's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $199M | $311M | $466M | $574M | $790M | $821M | $868M | $1.4B | $1.5B | $1.4B |
| Capital spending | $16M | $30M | $46M | $36M | $32M | $71M | $26M | $33M | $45M | $34M |
| Free cash flow | $183M | $281M | $420M | $539M | $758M | $750M | $842M | $1.4B | $1.4B | $1.3B |
| Stock-based compensation | $137M | $163M | $258M | $313M | $341M | $525M | $948M | $1.1B | $1.4B | $1.6B |
| Share buybacks (net) | — | — | — | — | $0 | $0 | -$150M | -$395M | -$779M | -$1.8B |
| Net borrowing | $0 | $990M | $0 | -$2,000 | -$1.8B | -$549M | $0 | -$1.0B | $0 | $0 |
| Free cash flow margin | 29.6% | 32.2% | 34.7% | 33.4% | 36.3% | 26.8% | 23.8% | 32.5% | 27.1% | 20.1% |
Questions
What was Atlassian Corp Plc's revenue in 2026?
$6.6B in fiscal 2026, from its 10-K filing.
How much free cash flow does Atlassian Corp Plc generate?
$1.3B in fiscal 2026 (operating cash flow minus capital spending).
From Atlassian Corp Plc's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.