profit from every $100 of sales.

Atlassian
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2026.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What Atlassian sold, what it kept, and what it did with the cash.
Sales went from $3.53 billion in 2023 to $6.57 billion in 2026, with -$53.8 million of profit last year.
Atlassian handed back more cash to shareholders than it generated last year.
Atlassian vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Atlassian | No profit yet | ||
SAP | 34.4× · Expensive | ||
Quhuo | No profit yet | ||
Shopify | 153.7× · Very expensive | ||
Salesforce | 24.0× · Fair price |
AI analysis
An AI analyst reads Atlassian's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 2,089 | 2,803 | 3,535 | 4,359 | 5,215 | 6,572 | |
| 1,757 | 2,350 | 2,901 | 3,555 | 4,320 | 5,575 | |
| 141 | 70 | -345 | -117 | -130 | 10 | |
| -366 | -378 | -220 | 27 | 24 | 212 | |
| -579 | -520 | -487 | -301 | -257 | -54 | |
| -2.32 | -2.42 | -1.90 | -1.16 | -0.98 | -0.21 | |
| 84.1% | 83.8% | 82.1% | 81.6% | 82.8% | 84.8% | |
| 6.8% | 2.5% | -9.8% | -2.7% | -2.5% | 0.2% | |
| -27.7% | -18.5% | -13.8% | -6.9% | -4.9% | -0.8% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Total assets | – | 3,327 | 4,107 | 5,212 | 6,042 | 6,104 |
| Cash | 919 | 1,385 | 2,103 | 2,177 | 2,513 | 1,240 |
| Total debt | – | 1,314 | 1,282 | 1,249 | 1,239 | 1,233 |
| Total liabilities | – | 2,999 | 3,452 | 4,179 | 4,696 | 5,045 |
| 313 | 327 | 655 | 1,033 | 1,346 | 1,058 | |
| 250 | 253 | 256 | 259 | 262 | 260 | |
| -106.4% | -20.7% | -11.5% | -1.8% | -2.1% | 2.5% | |
| -184.8% | -158.7% | -74.4% | -29.1% | -19.1% | -5.1% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 790 | 821 | 868 | 1,448 | 1,460 | 1,353 | |
| 32 | 75 | 26 | 33 | 45 | 34 | |
| 758 | 746 | 842 | 1,415 | 1,416 | 1,319 | |
| Dividends paid | – | 0 | – | – | – | – |
| 0 | 0 | 150 | 395 | 779 | 1,800 | |
| 341 | 525 | 948 | 1,081 | 1,362 | 1,607 |
Valuation
- –
- 27.6×
- –
- 43.8×
- 5.7×
- 28.6×
- 178.0×
- 3.5%
- -0.1%
- 0.0%
Profitability
- 84.8%
- 0.2%
- -0.8%
- -0.4%
- 2.5%
- -3.3%
- -16.7%
- -3.8%
- -9.9%
- 51.9%
Growth
- +25.8%
- –
- +0.0%
- –
- +0.9%
Financial health
- -0.0×
- 1.16
- 22.0%
- 1.4×
- 0.78
- 0.70
- 1.10
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $137.79
- Range
- $100.00 – $295.00
- 30 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 30, 2026 | 1.75 | 1.33 | +31.6% |
| Feb 5, 2026 | 1.22 | 1.15 | +6.1% |
| Oct 30, 2025 | 1.04 | 0.84 | +24.0% |
| Aug 7, 2025 | 0.98 | 0.83 | +17.5% |
| May 1, 2025 | 0.97 | 0.90 | +7.4% |
| Jan 30, 2025 | 0.96 | 0.75 | +27.3% |
| Oct 31, 2024 | 0.77 | 0.64 | +20.7% |
| Aug 1, 2024 | 0.66 | 0.58 | +13.6% |
News
Team GAAP EPS of -$3.10, revenue of $220.4M; updates FY 2026 outlookSeeking Alpha · Nov 12, 2026SQC Expands Executive Team With Appointment of Chief Manufacturing OfficerYahoo Finance · Nov 10, 2026Microsoft and IBM Team Up for Governed AI AgentsYahoo Finance · Nov 10, 2026Donald Trump's Investment Team Sold Micron. Here's What Investors Should Know Before Following the Money.Yahoo Finance · Nov 7, 2026Meta builds bipartisan influence team ahead of midtermsYahoo Finance · Oct 31, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Atlassian
Is Atlassian a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Atlassian AI analysis
What does Atlassian do?
Atlassian Corporation provides a collaboration software that enables organizations to connect all teams through a system of work that unlocks productivity at scale worldwide. It is in Software - Application, based in Sydney, NSW, Australia, with 13,813 employees.
Does Atlassian pay a dividend?
No. Atlassian does not pay a dividend at the moment; in 2026 it returned $1.80 billion to shareholders by buying back its own shares.
Is Atlassian stock halal?
Yes. Atlassian passes our halal screen: its business is permitted and its debt is 3% of its market value, under the 30% limit. How we check
How has Atlassian stock done over the past year?
Down 1.4% over the past twelve months, to $149.99. It traded between $57.15 and $227.61 and is 34.1% below its high.
Who are Atlassian's competitors?
The largest listed companies in the same industry are SAP, Quhuo, Shopify and Salesforce. The peers table on this page compares their profit, growth and price with Atlassian's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



