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Atlassian Corp (TEAM) Fundamental Analysis & AI Grade 2026

TEAM Nasdaq Services-Prepackaged Software CIK: 0001650372
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Grade
A
72% Confidence
N/A
A
72% Conf
Pending
Analysis scheduled

📊 TEAM Key Takeaways

Revenue: $4.8B
Net Margin: -4.0%
Free Cash Flow: $844.4M
Current Ratio: 0.70x
Debt/Equity: 1.13x
EPS: $-0.73
AI Grade: A with 72% confidence
Atlassian Corp (TEAM) receives a A fundamental grade with 72% confidence from our AI analysis based on SEC 10-K filings. With revenue of $4.8B, net profit margin of -4.0%, and return on equity (ROE) of -21.9%, Atlassian Corp demonstrates strong fundamentals in the Technology sector. Below is our complete TEAM stock analysis for 2026.

Is Atlassian Corp (TEAM) a Good Investment?

Claude

Atlassian demonstrates exceptional SaaS fundamentals with 84.2% gross margins and 19.7% revenue growth while generating strong free cash flow of $844M, indicating quality underlying business despite current accounting losses. The company is on a clear profitability trajectory with net losses improving 14.6% YoY and EPS losses narrowing 15.5% YoY, though near-term liquidity (0.70x current ratio) and moderate leverage require careful monitoring.

Atlassian Corp Key Strengths (TEAM)

Claude
  • + Exceptional 84.2% gross margin demonstrating strong pricing power and product-market fit
  • + Substantial free cash flow generation of $844M (17.6% FCF margin) despite accounting losses, indicating profitable unit economics
  • + Strong revenue growth of 19.7% YoY with improving profitability trend (net losses improving 14.6% YoY)

TEAM Stock Risks: Atlassian Corp Investment Risks

Claude
  • ! Currently unprofitable at operating and net income levels with -4.2% operating margin, path to profitability uncertain
  • ! Current ratio of 0.70x indicates potential short-term liquidity constraints despite $1.1B cash position
  • ! Moderate leverage (Debt/Equity 1.13x) with negative interest coverage ratio (-27.4x), unsustainable if profitability delays

Key Metrics to Watch

Claude
  • * Operating margin progression toward breakeven and positive territory
  • * Current ratio improvement to above 1.0x to address liquidity concerns
  • * Debt reduction and interest coverage stabilization following achievement of operating profitability

Atlassian Corp (TEAM) Financial Metrics & Key Ratios

Revenue
$4.8B
Net Income
$-192.9M
EPS (Diluted)
$-0.73
Free Cash Flow
$844.4M
Total Assets
$5.7B
Cash Position
$1.1B

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

TEAM Profit Margin, ROE & Profitability Analysis

Gross Margin 84.2%
Operating Margin -4.2%
Net Margin -4.0%
ROE -21.9%
ROA -3.4%
FCF Margin 17.6%

TEAM vs Technology Sector: How Atlassian Corp Compares

How Atlassian Corp compares to Technology sector averages

Net Margin
TEAM -4.0%
vs
Sector Avg 18.0%
TEAM Sector
ROE
TEAM -21.9%
vs
Sector Avg 22.0%
TEAM Sector
Current Ratio
TEAM 0.7x
vs
Sector Avg 2.5x
TEAM Sector
Debt/Equity
TEAM 1.1x
vs
Sector Avg 0.5x
TEAM Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Atlassian Corp Stock Overvalued? TEAM Valuation Analysis 2026

Based on fundamental analysis, Atlassian Corp shows some fundamental concerns relative to the Technology sector in 2026.

Return on Equity
-21.9%
Sector avg: 22%
Net Profit Margin
-4.0%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.13x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Atlassian Corp Balance Sheet: TEAM Debt, Cash & Liquidity

Current Ratio
0.70x
Quick Ratio
0.70x
Debt/Equity
1.13x
Debt/Assets
84.4%
Interest Coverage
-27.38x
Long-term Debt
$989.1M

TEAM Revenue & Earnings Growth: 5-Year Financial Trend

TEAM 5-year financial data: Year 2023: Revenue $3.5B, Net Income -$579.0M, EPS $-2.32. Year 2024: Revenue $4.4B, Net Income -$519.5M, EPS $-2.05. Year 2025: Revenue $5.2B, Net Income -$486.8M, EPS $-1.90.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Atlassian Corp's revenue has grown significantly by 48% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.90 indicates the company is currently unprofitable.

TEAM Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
17.6%
Free cash flow / Revenue

TEAM Quarterly Earnings & Performance

Quarterly financial performance data for Atlassian Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $1.4B -$70.8M $-0.27
Q2 2026 $1.3B -$38.2M $-0.15
Q1 2026 $1.2B -$51.9M $-0.20
Q3 2025 $1.2B $12.8M $0.05
Q2 2025 $1.1B -$38.2M $-0.15
Q1 2025 $977.8M -$31.9M $-0.12
Q3 2024 $915.5M $12.8M $0.05
Q2 2024 $872.7M -$84.5M $-0.33

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Atlassian Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$874.0M
Cash generated from operations
Stock Buybacks
$1.4B
Shares repurchased (TTM)
Capital Expenditures
$29.6M
Investment in assets
Dividends
None
No dividend program

TEAM SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Atlassian Corp (CIK: 0001650372)

📋 Recent SEC Filings

Date Form Document Action
May 21, 2026 4 xslF345X06/primarydocument.xml View →
May 20, 2026 4 xslF345X06/primarydocument.xml View →
May 20, 2026 4 xslF345X06/primarydocument.xml View →
May 15, 2026 4 xslF345X06/primarydocument.xml View →
May 15, 2026 4 xslF345X06/primarydocument.xml View →

Frequently Asked Questions about TEAM

What is the AI rating for TEAM?

Atlassian Corp (TEAM) has an AI grade of A with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TEAM's key strengths?

Claude: Exceptional 84.2% gross margin demonstrating strong pricing power and product-market fit. Substantial free cash flow generation of $844M (17.6% FCF margin) despite accounting losses, indicating profitable unit economics.

What are the risks of investing in TEAM?

Claude: Currently unprofitable at operating and net income levels with -4.2% operating margin, path to profitability uncertain. Current ratio of 0.70x indicates potential short-term liquidity constraints despite $1.1B cash position.

What is TEAM's revenue and growth?

Atlassian Corp reported revenue of $4.8B.

Does TEAM pay dividends?

Atlassian Corp does not currently pay dividends.

Where can I find TEAM SEC filings?

Official SEC filings for Atlassian Corp (CIK: 0001650372) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TEAM's EPS?

Atlassian Corp has a diluted EPS of $-0.73.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is TEAM's fundamental grade?

Based on our AI fundamental analysis in June 2026, Atlassian Corp has a A grade with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is TEAM stock overvalued or undervalued?

Valuation metrics for TEAM: ROE of -21.9% (sector avg: 22%), net margin of -4.0% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is TEAM's AI grade for 2026?

Our dual AI analysis gives Atlassian Corp a combined A grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TEAM's free cash flow?

Atlassian Corp's operating cash flow is $874.0M, with capital expenditures of $29.6M. FCF margin is 17.6%.

How does TEAM compare to other Technology stocks?

Vs Technology sector averages: Net margin -4.0% (avg: 18%), ROE -21.9% (avg: 22%), current ratio 0.70 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI