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AtlassianTEAM

Application Software
Solid businessPricier than peers
$191.72−6.07%After hours: $191.55 (−0.09%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 20.4% over 1 year
Atlassian over 1 yearDaily close, $, to 30 Oct 2026
$100$150Nov2026MarMayJulSep$191.72$100NovMarJul$191.72
Source: Nasdaq daily closes
Market value$48.28B
Price to earnings–
Forward P/E34.8x
Dividend yield–
Year to date+18.2%
One year+20.4%
Next earningsThu 5 Nov, after the close
52-week range (closes)
$57.15$227.61

Quality and valuation

How Atlassian compares with other information technology stocks. A description, not a recommendation.

Atlassian and 6 application software peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: pricier than most

An average business among information technology companies, priced above most of them.

Atlassian trades at 34.8 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +26.0% vs +20.6%
  • Keeps more of each sale (gross margin): 84.8% vs 61.5%
  • Less profitable (operating margin): 0.2% vs 17.0%
  • Turns less of its sales into cash: 20.1% vs 21.7%
TEAM trades at 34.8x forward earnings, above the sector medianForward p/e, Application Software peers
ADBE9.3xINTU14.3xORCL15.4xCRM15.7xSAP26.6xTEAM34.8xPLTR108.1xSNOW120.5xSector median 22.2xADBE9.3xINTU14.3xORCL15.4xCRM15.7xSAP26.6xTEAM34.8xPLTR108.1xSNOW120.5xSector median 22.2x
Source: CNBC quotes; Mostly Markets

Financials

From Atlassian's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue grew 27.6% from a year earlierQuarterly revenue, $bn, latest Q4 ’26
$0.0bn$0.5bn$1.0bn$1.5bnQ1 ’25Q3 ’25Q1 ’26$1.8bnQ4 ’26$0bn$1bnQ1 ’25Q3 ’25Q1 ’26$1.8bnQ4 ’26
Source: SEC filings
Growth slowed to +27.6% last quarterRevenue growth, year on year, %
0%10%20%30%Q1 ’25Q3 ’25Q1 ’2627.6%Q4 ’260%20%Q1 ’25Q3 ’25Q1 ’2627.6%Q4 ’26
Source: SEC filings
Operating margin was 11.9% last quarterOperating income as a share of revenue, %
−5%0%5%10%Q1 ’25Q3 ’25Q1 ’2611.9%Q4 ’260%10%Q1 ’25Q3 ’25Q1 ’2611.9%Q4 ’26
Source: SEC filings
Free cash flow was $1.3 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$200m$400m$600mQ1 ’25Q3 ’25Q1 ’26$475mQ4 ’26$0m$250m$500mQ1 ’25Q3 ’25Q1 ’26$475mQ4 ’26
Source: SEC filings
Last 12 monthsTEAMSector median
Revenue growth+26.0%+20.6%
Gross margin84.8%61.5%
Operating margin0.2%17.0%
Free cash flow margin20.1%21.7%

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Application Software, by market value.

CompanyPriceTodayYTDValue
PLTRPalantir Technologies$184.11−6.27%+3.6%$442B
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SAPSAP$235.02+0.41%−3.2%$289B
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ADBEAdobe$250.23+0.85%−28.5%$97.39B
INTUIntuit$341.09+2.99%−48.5%$91.15B
CDNSCadence Design Systems$327.89−4.34%+4.9%$89.97B