Atlassian Corporation
- Open
- 93.97
- Day high
- 94.90
- Day low
- 88.14
- Prev close
- 90.71
- Volume
- 2.5M
- Mkt cap
- $22.5B
- P/E (TTM)
- —
- EPS (TTM)
- —
- P/B
- 25.7
- P/S
- 3.6
- Yield
- —
- Per share
- —
- ▼Insiders net selling -$2.4M over the last 3 months (0 open-market buys, 40 sales)
- 🏛Institutions mixed (13F)
Atlassian Corporation (TEAM) is a Technology company listed on NASDAQ. The stock is down 55% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 40 sales (SEC Form 4).
Atlassian Corporation (TEAM) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 17 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
TEAM earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 30, 2026 | $1.33 | $1.75 | +31.6% | $1.8B | +5.4% |
| Feb 5, 2026 | $1.12 | $1.22 | +8.9% | $1.6B | -3.9% |
| Oct 30, 2025 | $0.84 | $1.04 | +24.0% | $1.4B | +2.2% |
| Aug 7, 2025 | $0.83 | $0.98 | +17.5% | $1.4B | +2.1% |
| May 1, 2025 | $0.90 | $0.97 | +7.4% | $1.4B | +0.3% |
| Jan 30, 2025 | $0.75 | $0.96 | +27.3% | $1.3B | +3.8% |
| Oct 31, 2024 | $0.64 | $0.77 | +20.7% | $1.2B | +2.8% |
| Aug 1, 2024 | $0.58 | $0.66 | +13.6% | $1.1B | +0.1% |
| Apr 25, 2024 | $0.62 | $0.89 | +43.5% | $1.2B | +8.3% |
| Feb 1, 2024 | $0.62 | $0.73 | +17.7% | $1.1B | +3.6% |
| Nov 2, 2023 | $0.53 | $0.65 | +22.6% | $978M | +1.2% |
| Aug 3, 2023 | $0.43 | $0.57 | +32.6% | $939M | +2.7% |
TEAM insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 12, 2026 | DUFFY BRIANofficer: Chief Revenue Officer | Sell | 3,000 | $89.71 |
| Jun 12, 2026 | DUFFY BRIANofficer: Chief Revenue Officer | Sell | 1,813 | $92.79 |
| Jun 12, 2026 | DUFFY BRIANofficer: Chief Revenue Officer | Sell | 1,432 | $88.79 |
| Jun 9, 2026 | DUFFY BRIANofficer: Chief Revenue Officer | Sell | 1,451 | $98.03 |
| Jun 9, 2026 | DUFFY BRIANofficer: Chief Revenue Officer | Sell | 1,454 | $95.35 |
| May 21, 2026 | CHUONG JAMESofficer: Chief Financial Officer | Sell | 389 | $90.29 |
| May 21, 2026 | CHUONG JAMESofficer: Chief Financial Officer | Sell | 564 | $91.38 |
| May 21, 2026 | CHUONG JAMESofficer: Chief Financial Officer | Sell | 26 | $94.16 |
| May 21, 2026 | CHUONG JAMESofficer: Chief Financial Officer | Sell | 5,440 | $86.59 |
| May 21, 2026 | CHUONG JAMESofficer: Chief Financial Officer | Sell | 358 | $92.53 |
| May 21, 2026 | CHUONG JAMESofficer: Chief Financial Officer | Sell | 273 | $88.23 |
| May 21, 2026 | CHUONG JAMESofficer: Chief Financial Officer | Sell | 152 | $93.39 |
| May 21, 2026 | CHUONG JAMESofficer: Chief Financial Officer | Sell | 977 | $87.17 |
| May 21, 2026 | CHUONG JAMESofficer: Chief Financial Officer | Sell | 659 | $89.23 |
| May 20, 2026 | DUFFY BRIANofficer: Chief Revenue Officer | Sell | 6 | $94.16 |
Source: TEAM SEC Form 4 filings, latest Jun 12, 2026. For informational purposes only — not investment advice.
See the full TEAM insider & 13F page →Atlassian Corporation company profile
Overview
Atlassian Corporation (NASDAQ:TEAM) is an Australian software company founded in 2002 by Mike Cannon-Brookes and Scott Farquhar in Sydney. Originally bootstrapped by the two co-founders, the company went public on NASDAQ in December 2015. Atlassian has evolved from a small startup focused on issue tracking software into a global leader in team collaboration and productivity software, serving over 300,000 customers worldwide. The company is known for its product-led growth approach and freemium business model, which has enabled it to scale rapidly without traditional enterprise sales teams for much of its history. In recent years, Atlassian has been transforming into an enterprise-focused organization while maintaining its roots in serving small and medium-sized businesses.
Business
Atlassian operates in the enterprise software industry, specifically focusing on team collaboration, project management, and software development tools. The company's mission centers around unleashing the potential of every team through what it calls a "System of Work" - an interconnected suite of products that helps teams plan, track, and deliver work across different functions. The company's product portfolio spans three primary markets. Agile and DevOps tools represent the largest segment, anchored by Jira Software, which serves as a project management and issue tracking system that connects technical and business teams. This category also includes Bitbucket for code repository management, Bamboo for continuous integration, and recently acquired development tools. IT Service Management (ITSM) constitutes the second major segment, led by Jira Service Management, which provides service desk capabilities for IT, HR, legal, and other service teams. The third segment focuses on Work Management and Collaboration, featuring Confluence as a knowledge management platform, Trello for visual project organization, and Atlas for team directory services. Recent product innovations include Rovo, an AI-powered platform that acts as an intelligent assistant across the Atlassian ecosystem, and Atlassian Intelligence, which embeds AI capabilities throughout their product suite. The company has also introduced specialized offerings like Jira Align for enterprise agility, Compass for developer experience management, and Opsgenie for incident response. Cloud revenue represents the dominant portion of total revenue at approximately 85-90%, with the remaining coming from legacy Data Center deployments as the company phases out its Server products.
Competitive moat
Atlassian's competitive moat stems from several interconnected factors, though its strength varies across different market segments. The company's primary advantage lies in high switching costs and workflow integration - once teams build their processes around Jira, Confluence, and other Atlassian tools, migrating to alternatives becomes extremely disruptive and expensive. This creates strong customer stickiness, evidenced by consistently high net revenue retention rates above 100%. The company benefits from network effects within organizations, where the value of Atlassian products increases as more teams adopt them, creating a natural expansion dynamic. The Atlassian Marketplace, with thousands of third-party apps and integrations, further reinforces switching costs by creating an ecosystem that customers become dependent upon. Additionally, Atlassian's product-led growth model and freemium approach create viral adoption patterns within organizations, often starting with individual teams and expanding organically. However, the moat faces several challenges. The collaboration and project management software market is highly competitive, with strong players like Microsoft (with Teams and Azure DevOps), ServiceNow in ITSM, and numerous specialized tools in each category. Atlassian's historical weakness in enterprise sales has allowed competitors to capture large deals, though the company is actively addressing this through sales team expansion. The rise of AI-powered alternatives and low-code/no-code platforms could potentially disrupt traditional workflow tools. While Atlassian is investing heavily in AI capabilities like Rovo, the company must prove it can maintain its competitive position as AI transforms how teams work. The moat appears strongest in the DevOps and technical team segments where Atlassian has deep product integration, but faces more pressure in general business collaboration where alternatives are more readily available.
Risks & safety
Atlassian presents a moderate margin of safety with mixed financial health indicators. The company maintains a strong balance sheet but faces profitability challenges during its enterprise transformation. • Liquidity and Solvency: Strong cash position with $2.7 billion in cash and short-term investments against $3.0 billion in current liabilities. Current ratio of 1.26 indicates adequate short-term liquidity. Debt-to-equity ratio of 0.90 shows manageable leverage levels. • Cash Generation: Positive free cash flow of $638 million in Q3 2025 with a 47% free cash flow margin demonstrates strong underlying cash generation despite GAAP losses. Operating cash flow remains consistently positive. • Valuation Concerns: Trading at high multiples with P/E ratio of 62x and price-to-book of 41x, indicating significant premium valuation. Negative EBITDA of -$12.5 million in recent quarter raises questions about operational efficiency during growth investments. • Growth Investment Phase: Current losses are primarily driven by heavy R&D spending (35% of revenue) and enterprise sales team expansion rather than fundamental business deterioration. Management targets 25%+ operating margins by FY 2027, suggesting current losses are strategic rather than structural. • Market Position Risk: High valuation leaves little room for execution missteps or market share losses in the competitive collaboration software space.
Recent development
Over the past few years, Atlassian has undergone a significant strategic transformation focused on three key areas: enterprise market penetration, AI integration, and cloud migration completion. The company has evolved from a primarily product-led growth organization serving small and medium businesses to actively pursuing large enterprise customers through expanded sales teams and enterprise-specific product capabilities. The most significant recent development is the launch of Rovo, Atlassian's AI-powered platform that acts as an intelligent agent across the entire Atlassian ecosystem. With over 1.5 million monthly active AI users, the company has embedded AI capabilities throughout its product suite and launched over 30 AI models from seven different vendors. This represents a major strategic bet on AI-human collaboration as the future of work. The company completed the wind-down of its Server products in February 2024, successfully transitioning customers to either Cloud or Data Center deployments. This migration has been a multi-year effort that continues to contribute approximately 10 points to cloud revenue growth. Atlassian has also achieved significant compliance milestones, including FedRAMP Moderate authorization and the launch of Atlassian Government Cloud, opening up public sector opportunities. Product portfolio expansion has been aggressive, with new offerings like Atlassian Focus for enterprise strategy planning, Compass Premium for developer experience, and the integration of Loom for video communication. The company introduced the Teamwork Collection pricing model to simplify enterprise purchasing and increase product adoption across organizations. Recent acquisitions and product launches demonstrate Atlassian's commitment to building a comprehensive platform that serves both technical and business teams, moving beyond its traditional developer-focused roots.
TEAM company profile · for informational purposes only — not investment advice.
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