Data center and AI demandmixed · 5 filings
“Subject to limited exceptions, the Company plans to end maintenance and support for its Data Center offerings in March 2029.”10-K · Aug 14, 2026 ↗
Atlassian Corporation
TEAM
Market read
Atlassian Corporation's move is spreading beyond its market group.
The latest filing evidence is available. 6 of 40 group members are active now; 1 filing-linked outsider is moving with the group, and 1 of 12 directly disclosed connections are confirming.
What changed
- Revenue increased 31.7% versus the comparable filing period.
- The operating loss widened by 43.8M.
Company+4.5% todayVolume comparison unavailable
Market group6 of 40 activeSoftware Stocks · inactive
Disclosed network1 of 8 confirmingCRM moving with the group
What would change this read
Watch this read- At least 26 of 40 durable members become active together.
- Capital-flow agreement rises above 55%.
- CRM remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 14 of 40 members or fewer.
Research brief
The story so far
The latest filing evidence is available. 6 of 40 group members are active now; 1 filing-linked outsider is moving with the group, and 1 of 12 directly disclosed connections are confirming.
Evidence that supports
- Revenue increased 31.7% versus the comparable filing period.
Evidence that challenges
- The operating loss widened by 43.8M.
- Cash declined 1.5B versus the comparable period.
What would clarify the read
- At least 26 of 40 durable members become active together.
- Capital-flow agreement rises above 55%.
- CRM remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods6
Price observations342
Usable filing statements168
Verified relationships12
Evidence supporting the case
- Latest annual revenue changed +26.0% year over year.
- Operating margin changed +2.7 percentage points in the latest annual period.
- Net margin changed +4.1 percentage points in the latest annual period.
- Demand and volume has repeated favorable evidence across 5 filings.
Evidence challenging the case
No qualifying adverse evidence was identified; that is not proof there is no downside.
Questions before a position
- EV/sales is 24% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Oct 1, 2026
189.906m+173.7%12m+18.9%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2022-06-30$2.8B+34.2%$-2.05+1.5%
2023-06-30$3.5B+26.1%$-1.90+1.2%
2024-06-30$4.4B+23.3%$-1.16+1.1%
2025-06-30$5.2B+19.7%$-0.98+1.0%
2026-06-30$6.6B+26.0%$-0.21-0.6%
What management says matters
Persistent and emerging business drivers
Demand and volumepositive · 5 filings
“Growth in total revenues was primarily attributable to increased demand for our offerings from existing customers.”10-K · Aug 14, 2026 ↗
Legal and regulatory exposuremixed · 5 filings
“For the periods presented, the Company has not recorded any material liabilities as a result of the litigation or other legal proceedings in the consolidated financial statements.”10-K · Aug 14, 2026 ↗
Pricing and mixmixed · 5 filings
“The increase in subscription revenues was primarily attributable to paid seat expansion from our existing customers and price increases.”10-K · Aug 14, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 7.5× · EV/sales 7.5×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
187.40+4.5% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 2 Oct, 13:00 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for TEAM. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment · baseline
The latest filing shows material pressure
10-Q filed 2026-05-01 against the comparable filing from 2025-05-02.
OperationsmixedEvidence score +1
liquiditycautiousEvidence score -1
valuationmixed
What improved
- Revenue increased 31.7% versus the comparable filing period.
What weakened
- The operating loss widened by 43.8M.
- Cash declined 1.5B versus the comparable period.
Filing receipts
“The decrease was primarily attributable to the the change in valuation allowance on Australian deferred tax assets related to deferred revenue recognition, the change in the mix of earnings and losses in foreign jurisdictions, and the partial release of valuation allowance on certain U.S. deferred tax assets resulting from the recognition of additional deferred tax liabilities in connection with the business combinations.”
“The decrease was primarily attributable to the change in valuation allowance on Australian deferred tax assets related to deferred revenue recognition and the change in the mix of earnings and losses in foreign jurisdictions.”
“The overall increase was primarily attributable to an increase of $65.5 million in hosting fees paid to third-party providers, and an increase of $24.0 million in amortization expense, partially offset by a decrease of $33.1 million in compensation expense for employees (which includes a decrease of $5.9 million in stock-based compensation), and a decrease of $11.1 million in fees paid for consulting and other professional services.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Business ecosystem
The relationships behind TEAM
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
CRMSalesforce, Inc.partnerAug 15, 2025 ▾
“Open and Extensible with a Vast Ecosystem - We are dedicated to making our apps open and interoperable with a range of other platforms and applications that customers use, such as Microsoft, Zoom, Salesforce, Workday, and Dropbox, as well as extensible with a…”
DBXDropbox, Inc.partnerAug 15, 2025 ▾
“Open and Extensible with a Vast Ecosystem - We are dedicated to making our apps open and interoperable with a range of other platforms and applications that customers use, such as Microsoft, Zoom, Salesforce, Workday, and Dropbox, as well as extensible with a…”
Depended on by
DBXDropbox, Inc.partnerMay 8, 2026 ▾
“We also integrate seamlessly with other products, integrating with partners including Microsoft, Zoom, Slack (now part of Salesforce), BetterCloud, Atlassian, Google and a variety of productivity, collaboration, data management, and security vendors.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 10 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
TEAM is currently a Participant in the organic co-movement group Software Stocks. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.