Last 44 quarters of trend data · Technology · Software - Application
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -76.66 | — | — | — | — | — | — | — | 1001.59 | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 1.37 | 6.73 | 7.33 | 9.64 | 10.27 | 12.35 | 8.71 | 10.17 | 10.74 | 14.51 | 13.29 | 11.50 | 12.01 |
| — | -45.5% | -15.8% | -5.2% | -4.3% | -14.9% | -34.5% | -11.5% | -10.6% | +53.8% | -20.1% | -26.7% | -52.7% | |
| P/B Ratio | 14.62 | 26.85 | 30.46 | 39.68 | 40.72 | 52.12 | 40.21 | 44.58 | 45.03 | 67.97 | 67.09 | 65.98 | 75.50 |
| — | -48.5% | -24.2% | -11.0% | -9.6% | -23.3% | -40.1% | -32.4% | -40.4% | +19.2% | -40.0% | -54.7% | -69.6% | |
| P/FCF | 5.05 | 63.36 | 91.62 | 37.04 | 22.31 | 46.38 | 139.11 | 27.90 | 23.01 | 54.10 | 79.57 | 39.96 | 31.43 |
| — | +36.6% | -34.1% | +32.8% | -3.1% | -14.3% | +74.8% | -30.2% | -26.8% | -3.7% | -55.0% | -31.0% | -49.1% | |
| EV / EBITDA | — | — | — | — | 1266.35 | — | — | — | 305.16 | — | — | — | — |
| — | — | — | — | +315.0% | — | — | — | — | — | — | — | — | |
| EV / EBIT | — | — | — | — | 30172.86 | — | — | — | 446.13 | — | — | — | — |
| — | — | — | — | +6663.3% | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Atlassian Corporation's operating margin was -3.0% in Q2 2026, up 3.7 pp QoQ and up 1.5 pp YoY.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 82.8% | 85.0% | 82.0% | 83.1% | 83.8% | 82.7% | 81.7% | 80.8% | 82.1% | 81.6% | 81.8% | 81.9% | 81.6% |
| — | +2.9% | +0.4% | +2.8% | +2.1% | +1.2% | -0.1% | -1.4% | +0.6% | -0.6% | -1.1% | -0.7% | -3.3% | |
| Operating Margin | -2.5% | -3.0% | -6.7% | -2.1% | -0.9% | -4.5% | -2.7% | -5.9% | 1.5% | -4.6% | -1.9% | -5.4% | -17.6% |
| — | +32.6% | -149.8% | +65.2% | -161.3% | +3.5% | -39.5% | -10.3% | +108.5% | +59.3% | +54.2% | +35.5% | -497.3% | |
| Net Margin | -4.9% | -2.7% | -3.6% | -1.7% | -5.2% | -3.0% | -10.4% | -17.4% | 1.1% | -8.0% | -3.3% | -6.3% | -22.8% |
| — | +9.5% | +65.3% | +90.1% | -586.7% | +62.7% | -219.6% | -177.2% | +104.7% | +66.1% | -91.6% | +54.8% | -3727.9% |
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -21.6% | -2.9% | -3.8% | -1.8% | -5.5% | -3.4% | -12.0% | -18.2% | 1.3% | -10.1% | -4.5% | -9.5% | -36.0% |
| — | +15.5% | +68.3% | +90.3% | -537.4% | +66.2% | -169.1% | -90.7% | +103.5% | +74.0% | -31.2% | +71.5% | -1749.6% | |
| ROA | -4.6% | -0.7% | -0.9% | -0.4% | -1.2% | -0.7% | -2.4% | -3.8% | 0.3% | -2.0% | -0.8% | -1.5% | -5.6% |
| — | +1.9% | +63.6% | +89.5% | -566.2% | +63.0% | -211.4% | -158.3% | +104.8% | +66.3% | -89.8% | +54.6% | -3641.4% | |
| ROIC | -110.3% | -3.4% | -40.8% | -396.5% | -10.1% | -18.6% | -14.8% | -18.7% | 2.3% | -11.9% | — | — | -167.2% |
| — | +81.7% | -174.9% | -2019.5% | -533.4% | -56.5% | — | — | +101.4% | +54.7% | — | — | -3398.9% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The current ratio has weakened 28.0% YoY to 0.89x, tightening the short-term liquidity position. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.92 | 0.87 | 0.89 | 0.92 | 0.90 | 1.02 | 1.21 | 1.21 | 1.10 | 1.40 | 1.64 | 1.96 | 2.22 |
| — | -14.3% | -26.5% | -23.9% | -18.2% | -27.3% | -26.4% | -38.2% | -50.4% | -37.8% | -39.8% | -51.2% | -49.0% | |
| Debt / EBITDA | — | — | — | — | 114.77 | — | — | — | 30.20 | — | — | — | — |
| — | — | — | — | +280.0% | — | — | — | — | — | — | — | — | |
| Current Ratio | 1.22 | 0.89 | 1.26 | 1.22 | 1.26 | 1.24 | 1.18 | 1.18 | 1.18 | 1.07 | 1.43 | 1.35 | 1.31 |
| — | -28.0% | +7.4% | +3.8% | +6.9% | +15.4% | -18.0% | -12.7% | -9.6% | -17.4% | +15.1% | +13.4% | +9.8% | |
| Quick Ratio | 1.22 | 0.89 | 1.26 | 1.22 | 1.26 | 1.24 | 1.18 | 1.18 | 1.18 | 1.07 | 1.43 | 1.35 | 1.31 |
| — | -28.0% | +7.4% | +3.8% | +6.9% | +15.4% | -18.0% | -12.7% | -9.6% | -17.4% | +15.1% | +13.4% | +9.8% | |
| Interest Coverage | -4.27 | -3.81 | -11.16 | -3.50 | -1.60 | -7.88 | -4.37 | -8.76 | 2.11 | -5.45 | -2.10 | -5.90 | -20.25 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 44 years · Updated daily
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorSee our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare performance and metrics against top competitors.
Start ComparisonAtlassian Corporation's current P/E is -76.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Atlassian Corporation's current operating margin is -2.5%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Atlassian Corporation's business trajectory between earnings reports.