Atlassian Corporation provides a collaboration software that enables organizations to connect all teams through a system of work that unlocks productivity at scale worldwide. Its product portfolio includes Jira, a project management platform for planning, tracking, and managing work; Confluence, a connected workspace to create, organize, and share team knowledge, documents, and collaboration content; Loom, an asynchronous video communication tool to record and share videos; Jira Service Management, an intuitive service management solution for IT, HR, and other teams; and Rovo, an AI offering that assists teams with its Search, Chat and Agent capabilities. The company also offers Bitbucket, a git-based source code management platform for professional development teams; Compass, a developer portal that provides a unified view of engineering components; Jira Product Discovery, a tool to capture, prioritize, and roadmap product ideas; Jira Align, an enterprise agility solution that connects business and technology teams to align strategy with execution; Focus, a strategy hub for leadership teams; and Talent, a workforce planning app. In addition, it provides Trello, an AI-powered personal productivity tool; and Guard, an app for detecting and responding to security threats. The company has a strategic collaboration with Mattermost, Inc. for the development of Mattermost Docs, a sovereign, self-hosted successor to Confluence for defense, intelligence, and critical infrastructure organizations. The company was founded in 2002 and is headquartered in Sydney, Australia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $5.2B | $24M | $-257M | $1.4B | -19.1% | 19.7% | -14.6% |
| 2024 | $4.4B | $27M | $-301M | $1.4B | -29.1% | 23.3% | -38.3% |
| 2023 | $3.5B | $-220M | $-487M | $842M | -74.4% | 26.1% | -6.3% |
| 2022 | $2.8B | $-378M | $-520M | $746M | -158.7% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 2,802.88 | 3,534.65 | 4,358.60 | 5,215.30 |
| Cost Of Revenue | - | 452.91 | 633.76 | 803.50 | 894.85 |
| Gross Profit | - | 2,349.97 | 2,900.88 | 3,555.11 | 4,320.45 |
| Operating Expense | - | 2,279.89 | 3,246.10 | 3,672.18 | 4,450.84 |
| Operating Income | - | 70.08 | -345.22 | -117.08 | -130.39 |
| EBITDA | - | -377.73 | -220.07 | 27.41 | 24.03 |
| EBIT | - | -429.47 | -280.99 | -51.33 | -68.34 |
| Pretax Income | - | -470.94 | -311.14 | -85.41 | -98.90 |
| Tax Provision | - | 48.57 | 175.62 | 215.11 | 157.79 |
| Net Income | - | -519.51 | -486.76 | -300.52 | -256.69 |
| Net Income Common Stockholders | - | -519.51 | -486.76 | -300.52 | -256.69 |
| Total Expenses | - | 2,732.80 | 3,879.87 | 4,475.68 | 5,345.70 |
| Interest Expense | - | 41.47 | 30.15 | 34.08 | 30.55 |
| Interest Income | - | 2.28 | 49.73 | 96.66 | 112.32 |
| Research And Development | - | 1,291.88 | 1,869.88 | 2,184.11 | 2,669.31 |
| Selling General And Administration | - | 978.68 | 1,366.32 | 1,475.69 | 1,766.90 |
| Normalized EBITDA | - | -377.73 | -220.07 | 27.41 | 24.03 |
| Normalized Income | - | -519.51 | -486.76 | -300.52 | -256.69 |
| Market Cap | 18,870.89 | 18,870.89 | 18,870.89 | 18,870.89 | 18,870.89 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Atlassian Corporationthis co. | TEAM | - | -73.52 | 14.02 | -19.1% | 732.31 |
| Akamai Technologies, Inc. | AKAM | $13.8B | 31.02 | 2.82 | 9.1% | 13.99 |
| FormFactor, Inc. | FORM | $12.0B | 222.39 | 11.68 | 5.3% | 111.80 |
| GoDaddy Inc. | GDDY | $11.9B | 13.11 | 53.34 | 406.8% | 11.07 |
| Gen Digital Inc. | GEN | $11.8B | 17.93 |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.08 |
| 28.3% |
| 9.30 |
| Zebra Technologies Corporation | ZBRA | $11.6B | 26.73 | 3.12 | 11.7% | 16.15 |
| Gartner, Inc. | IT | $11.3B | 13.94 | 31.77 | 228.0% | 9.11 |
| Jack Henry & Associates, Inc. | JKHY | $11.0B | 24.00 | 5.13 | 21.4% | - |
| Sanmina Corporation | SANM | $10.4B | 42.67 | 4.46 | 10.4% | 20.60 |
| Peer Median | - | 25.37 | 5.11 | 16.5% | 13.99 | |