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Atlassian Corporation(TEAM)

F

Financial data as of Jun 30, 2026Improving · Technology

FCF Margin-4.4%Free Cash Flow / Revenue
Cash Conversion—Operating CF / Net Income
Free Cash Flow$1.3B
Revenue$6.6B
Net Cash$6.6MCash exceeds debt
Debt / FCFN/AElevated debt burden
Current Ratio0.78Tight short-term liquidity
YoY FCF Growth+200.0%3 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseF
→
-1Current ratio below 1.0 (0.78)
→
+1Strong YoY FCF growth (200.0% YoY)
→
-0.5Highly volatile FCF (consistency: 3.13)
→
+0.25Solid revenue growth (27.6% YoY)
→
FinalF

Analysis Summary

Strengths

  • Net cash position ($0.0B)
  • Strong YoY FCF growth (+200.0%)
  • Strong revenue growth (27.6% YoY)

Concerns

  • Negative FCF margin (-4.4%)
  • Current ratio below 1.0 — tight short-term liquidity
  • Only 3 positive FCF quarters recently
  • Highly volatile quarterly FCF
Heavy CapEx — Operating cash flow is strong (21% margin) but most is reinvestedCash conversion ratio unavailable or not meaningfulSBC-adjusted FCF used — $1.6B stock-based compensation (122% of reported FCF) subtracted

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin-4.4%
Net Margin-0.8%
Operating CF Margin20.6%
CapEx Ratio0.5%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash$6.6MCash exceeds debt
Debt / FCFN/AElevated debt burden
Current Ratio0.78Tight liquidity
Debt / Equity1.16Moderate leverage

Quarterly FCF Trend

+200.0% YoYImproving (+200.0%)

Free cash flow per quarter

Sector Comparison — Technology

FCF Margin ranked against sector peers

View all →

Detailed Metrics

Company NameAtlassian Corporation
SectorTechnology
Free Cash Flow$1.3B
Revenue$6.6B
Net Income-$53.8M
Operating Cash Flow$1.4B
Capital Expenditure$34.1M
FCF Margin-4.4%
Cash Conversion Rate—
Net Margin-0.8%
Total Debt$1.2B
Total Cash$1.2B
Net Cash$6.6M
Current Ratio0.78
Debt / Equity1.16
Debt / FCFN/A
YoY FCF Growth+200.0%
Positive Quarters3 of 5
Trend DirectionImproving
Report DateJun 30, 2026
GradeF
Data SourceYahoo Finance

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