Atlassian (TEAM)


Market Price (9/1/2026): $186.0 | Market Cap: $47.0 BilSector: Information Technology | Industry: Application Software

Atlassian (TEAM)


Market Price (9/1/2026): $186.0
Market Cap: $47.0 Bil
Sector: Information Technology
Industry: Application Software

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 20%

Stock buyback support
Stock Buyback 3Y Total is 3.0 Bil

Megatrend and thematic drivers
Megatrends include Cloud Computing, Automation & Robotics, and Artificial Intelligence. Themes include Software as a Service (SaaS), Show more.

Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 687x

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 24%

Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 160%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.5%

Key risks
TEAM key risks include [1] intense competition from major enterprise software players targeting its core markets and [2] specific cloud service reliability failures, Show more.

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 20%
1 Stock buyback support
Stock Buyback 3Y Total is 3.0 Bil
2 Megatrend and thematic drivers
Megatrends include Cloud Computing, Automation & Robotics, and Artificial Intelligence. Themes include Software as a Service (SaaS), Show more.
3 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 687x
4 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 24%
5 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 160%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.5%
7 Key risks
TEAM key risks include [1] intense competition from major enterprise software players targeting its core markets and [2] specific cloud service reliability failures, Show more.

TEAM in ETFs

Weight = TEAM's share of each fund

VTI0.02%
ITOT0.04%
IWB0.05%
VUG0.07%
VO0.16%
IGV0.93%
IWP0.92%
COWZ0.67%
+16 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/31/2026

Atlassian (TEAM) stock has gained about 80% since 5/31/2026 because of the following key factors:

1. Atlassian reported exceptionally strong financial results for its fiscal Q4 2026, which ended June 30, 2026. The company announced these results on August 6, 2026, revealing an adjusted earnings per share (EPS) of $1.87, significantly surpassing the consensus analyst estimate of $1.27 by 47.24%. Quarterly revenue also exceeded expectations, growing 27.6% year-over-year to $1.77 billion, beating analyst estimates of $1.66 billion by 6.24%. This substantial earnings and revenue beat, coupled with robust guidance, prompted a significant surge in the stock, including a 35% jump on August 8, 2026.

2. Accelerated cloud revenue growth and increased enterprise adoption demonstrated strong platform commitment. Atlassian's cloud revenue grew by an accelerated 31% year-over-year in fiscal Q4 2026, reaching $1.2 billion, which was a key positive surprise given prior market concerns about deceleration. The company also reported record enterprise performance, with an all-time high in deal activity at the $1 million, $3 million, and $5 million Annual Recurring Revenue (ARR) levels, indicating deeper customer commitment to the Atlassian platform. Specifically, customers generating over $5 million in ARR grew more than 70% year-over-year.

Show more
Updated on 8/31/2026

Atlassian (TEAM) stock has gained about 80% since 5/31/2026 because of the following key factors:

1. Atlassian reported exceptionally strong financial results for its fiscal Q4 2026, which ended June 30, 2026. The company announced these results on August 6, 2026, revealing an adjusted earnings per share (EPS) of $1.87, significantly surpassing the consensus analyst estimate of $1.27 by 47.24%. Quarterly revenue also exceeded expectations, growing 27.6% year-over-year to $1.77 billion, beating analyst estimates of $1.66 billion by 6.24%. This substantial earnings and revenue beat, coupled with robust guidance, prompted a significant surge in the stock, including a 35% jump on August 8, 2026.

2. Accelerated cloud revenue growth and increased enterprise adoption demonstrated strong platform commitment. Atlassian's cloud revenue grew by an accelerated 31% year-over-year in fiscal Q4 2026, reaching $1.2 billion, which was a key positive surprise given prior market concerns about deceleration. The company also reported record enterprise performance, with an all-time high in deal activity at the $1 million, $3 million, and $5 million Annual Recurring Revenue (ARR) levels, indicating deeper customer commitment to the Atlassian platform. Specifically, customers generating over $5 million in ARR grew more than 70% year-over-year.

3. Significant advancements and strong adoption of AI features, particularly with the Rovo platform, drove increased customer value and ARR. Atlassian's AI layer, Rovo, became a critical growth driver, used by over 80% of the Fortune 500, with Rovo-assisted actions increasing by 50% quarter-over-quarter. Customers adopting Rovo demonstrated over twice the ARR growth rate compared to non-adopters, showcasing the platform's ability to monetize AI integration. The company further enhanced its AI capabilities with the Jira Summer 2026 release, rolling out 15 new features by the end of August 2026 that integrate AI to automate tasks and improve productivity for teams and agents.

4. Numerous analyst upgrades and substantial price target increases followed the strong financial results and AI narrative. Following the fiscal Q4 2026 earnings, multiple financial analysts significantly raised their price targets and upgraded Atlassian's stock. For instance, Oppenheimer increased its price target to $200 from $110, while Baird lifted its target to $200 from $120. Bank of America also raised its price target to $210 from $175, maintaining a "buy" rating on August 31, 2026. RBC Capital Markets initiated coverage with an "Outperform" rating and a $215 price target on August 26, 2026, citing conservative guidance and momentum in AI/Rovo adoption and cloud migration.

5. A broader recovery in the software sector, coupled with AI tailwinds, created a favorable market environment. The overall software sector experienced a robust rebound after what was termed the "SaaSpocalypse" earlier in 2026, a period marked by fears of generative AI disrupting traditional SaaS models. However, recent earnings reports across the industry, including Atlassian's, demonstrated continued double-digit revenue growth, strong recurring revenue, and healthy cash flow, defying the prior "SaaS is dead" narrative. This shift positioned AI as a catalyst for growth rather than a threat, rewarding companies like Atlassian that effectively integrated AI into their core offerings.

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Stock Movement Drivers

Fundamental Drivers

The 80.4% change in TEAM stock from 5/31/2026 to 8/31/2026 was primarily driven by a 64.7% change in the company's P/S Multiple.
(LTM values as of)53120268312026Change
Stock Price ($)107.61194.1780.4%
Change Contribution By: 
Total Revenues ($ Mil)6,1906,5726.2%
P/S Multiple4.57.564.7%
Shares Outstanding (Mil)2612533.2%
Cumulative Contribution80.4%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2026 to 8/31/2026
ReturnCorrelation
TEAM80.4% 
Market (SPY)1.4%14.1%
Sector (XLK)-2.4%-2.7%

Fundamental Drivers

The 158.4% change in TEAM stock from 2/28/2026 to 8/31/2026 was primarily driven by a 117.1% change in the company's P/S Multiple.
(LTM values as of)22820268312026Change
Stock Price ($)75.13194.17158.4%
Change Contribution By: 
Total Revenues ($ Mil)5,7606,57214.1%
P/S Multiple3.47.5117.1%
Shares Outstanding (Mil)2642534.3%
Cumulative Contribution158.4%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 8/31/2026
ReturnCorrelation
TEAM158.4% 
Market (SPY)12.1%7.0%
Sector (XLK)34.6%4.3%

Fundamental Drivers

The 9.2% change in TEAM stock from 8/31/2025 to 8/31/2026 was primarily driven by a 26.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)83120258312026Change
Stock Price ($)177.78194.179.2%
Change Contribution By: 
Total Revenues ($ Mil)5,2156,57226.0%
P/S Multiple9.07.5-16.6%
Shares Outstanding (Mil)2632534.0%
Cumulative Contribution9.2%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 8/31/2026
ReturnCorrelation
TEAM9.2% 
Market (SPY)19.9%11.9%
Sector (XLK)42.7%9.5%

Fundamental Drivers

The -4.8% change in TEAM stock from 8/31/2023 to 8/31/2026 was primarily driven by a -49.7% change in the company's P/S Multiple.
(LTM values as of)83120238312026Change
Stock Price ($)204.06194.17-4.8%
Change Contribution By: 
Total Revenues ($ Mil)3,5356,57285.9%
P/S Multiple14.97.5-49.7%
Shares Outstanding (Mil)2572531.8%
Cumulative Contribution-4.8%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2023 to 8/31/2026
ReturnCorrelation
TEAM-4.8% 
Market (SPY)76.3%33.1%
Sector (XLK)116.3%29.6%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
TEAM Return63%-66%85%2%-33%17%-19%
Peers Return44%-49%63%17%-20%-2%11%
S&P 500 Return27%-19%24%23%16%13%105%

Monthly Win Rates [3]
TEAM Win Rate67%25%67%33%33%50% 
Peers Win Rate57%27%57%62%38%42% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
TEAM Max Drawdown-25%-69%-31%-47%-55%-65% 
Peers Max Drawdown-27%-56%-27%-32%-39%-45% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NOW, MSFT, ASAN, GTLB, CRM.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/31/2026 (YTD)

How Low Can It Go

EventTEAMS&P 500
2024 Yen Carry Trade Unwind
  % Loss-21.2%-7.8%
  % Gain to Breakeven27.0%8.5%
  Time to Breakeven63 days18 days
2023 SVB Regional Banking Crisis
  % Loss-25.9%-6.7%
  % Gain to Breakeven35.0%7.1%
  Time to Breakeven23 days31 days
2020 COVID-19 Crash
  % Loss-20.7%-33.7%
  % Gain to Breakeven26.1%50.9%
  Time to Breakeven32 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-27.8%-19.2%
  % Gain to Breakeven38.4%23.8%
  Time to Breakeven76 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-19.8%-3.7%
  % Gain to Breakeven24.7%3.9%
  Time to Breakeven61 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-35.5%-12.2%
  % Gain to Breakeven55.0%13.9%
  Time to Breakeven163 days62 days

Compare to NOW, MSFT, ASAN, GTLB, CRM

In The Past

Atlassian's stock fell -21.2% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 27.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventTEAMS&P 500
2024 Yen Carry Trade Unwind
  % Loss-21.2%-7.8%
  % Gain to Breakeven27.0%8.5%
  Time to Breakeven63 days18 days
2023 SVB Regional Banking Crisis
  % Loss-25.9%-6.7%
  % Gain to Breakeven35.0%7.1%
  Time to Breakeven23 days31 days
2020 COVID-19 Crash
  % Loss-20.7%-33.7%
  % Gain to Breakeven26.1%50.9%
  Time to Breakeven32 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-27.8%-19.2%
  % Gain to Breakeven38.4%23.8%
  Time to Breakeven76 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-35.5%-12.2%
  % Gain to Breakeven55.0%13.9%
  Time to Breakeven163 days62 days
2014-2016 Oil Price Collapse
  % Loss-35.5%-6.8%
  % Gain to Breakeven55.0%7.3%
  Time to Breakeven163 days15 days

Compare to NOW, MSFT, ASAN, GTLB, CRM

In The Past

Atlassian's stock fell -21.2% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 27.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Atlassian (TEAM)

Atlassian Corporation Plc is a global software company specializing in designing, developing, licensing, and maintaining a comprehensive suite of products. The company's primary focus is on enhancing team collaboration, workflow management, and software development processes. Atlassian's mission is to empower teams worldwide to effectively plan, track, collaborate on, and manage their work and projects, facilitating improved productivity and communication across various organizational functions.

The company offers a robust portfolio of widely used software tools. Prominent products include Jira, a versatile workflow management system for tracking tasks and projects across teams; Jira Service Management, a dedicated service desk solution for IT, HR, and legal departments; and Trello, a visual collaboration product designed for organizing tasks and managing projects. For content creation and shared workspaces, Atlassian provides Confluence. Additionally, it supports software development with Bitbucket for code sharing and management, Opsgenie for centralized incident management and alerting, and Statuspage for transparent incident communication.

Atlassian's extensive product line serves a broad and diverse customer base globally. Its solutions are adopted by a wide range of teams within organizations, including software development, IT operations, HR, legal, and general project management teams. By providing tools that cater to agile planning, project oversight, and seamless communication, Atlassian enables organizations of all sizes—from small teams to large enterprises—to streamline their operations and foster more efficient, collaborative work environments.

AI Analysis | Feedback

The Microsoft 365 for teams focused on project management, collaboration, and software development.

Imagine GitHub for software developers, but expanded to include powerful project management and team collaboration tools for everyone.

The Salesforce for internal team operations, project management, and software development.

AI Analysis | Feedback

  • JIRA: A workflow management system enabling teams to plan, track, collaborate, and manage work and projects.
  • Jira Service Management: A service desk product for creating and managing service experiences for various service team providers, including IT, legal, and HR teams.
  • Jira Align: An enterprise agile planning tool designed for large-scale agile transformations.
  • Opsgenie: An incident management tool that centralizes alerts and notifies the right people at the right time.
  • Statuspage: A platform used for incident communication, keeping stakeholders informed during service disruptions.
  • Confluence: A remote-friendly team workspace for building, organizing, and collaborating on content virtually.
  • Trello: A collaboration product that helps teams manage projects, organize tasks, and build team spirit.
  • Bitbucket: A code sharing and management platform primarily used by development teams.

AI Analysis | Feedback

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  • Amazon.com, Inc. (AMZN)
  • Alphabet Inc. (GOOGL)

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Mike Cannon-Brookes, CEO & Co-Founder

Mike Cannon-Brookes co-founded Atlassian with Scott Farquhar in 2002, funding the company with credit cards shortly after graduating from university. The company was bootstrapped, relying on organic growth and reinvestment of profits rather than initial venture capital investment. He is also involved in several other business ventures, including a significant investment in the Sun Cable project, which aims to build a solar and battery farm, and holds a minority stake in the NBA's Utah Jazz. Cannon-Brookes serves as an adjunct professor at the University of New South Wales' School of Computer Science and Engineering and is the chairman of Blackbird Ventures, a venture capital firm. He also formed a climate fund called Boundless Earth in 2022. He was recognized as the Australian IT Professional of the Year in 2004 and, alongside Scott Farquhar, as the Australian Entrepreneur of the Year in 2006.

Joe Binz, Chief Financial Officer

Joe Binz joined Atlassian as Chief Financial Officer in September 2022, overseeing the company's Accounting, Finance, Internal Audit, Investor Relations, Tax, and Treasury teams. He brings over 25 years of finance leadership and experience in the technology industry. Prior to joining Atlassian, Binz was Microsoft's Corporate Vice President, Finance, where he was responsible for financial planning and analysis, investor relations, acquisition integration, and procurement functions. His career also includes significant roles at Intel Corporation and KPMG Peat Marwick.

Brian Duffy, Chief Revenue Officer

Brian Duffy will join Atlassian as Chief Revenue Officer, effective January 1, 2025. He has over 20 years of experience in the technology industry. Previously, Duffy spent 18 years at SAP, where his most recent role was President of Cloud. In this role, he launched, built, and scaled the strategic initiative 'RISE with SAP,' transforming it into a multi-billion dollar business within two years by helping customers transition to the cloud. Following his time at SAP, Brian served as CEO of SoftwareOne, where he positioned the company for its next phase of growth. He has extensive international experience from living and working in the United States, Europe, China, and Japan.

Rajeev Rajan, Chief Technology Officer

Rajeev Rajan joined Atlassian as Chief Technology Officer in May 2022. He is responsible for Atlassian Engineering, IT, Security and Trust, and the Engineering Operations teams, focusing on the company's cloud transformation, Developer Platform, and Product lines. Rajan's background includes senior roles at Facebook and Microsoft. He holds advanced degrees in Computer Science.

Anu Bharadwaj, President

Anu Bharadwaj is the President at Atlassian, responsible for overseeing the company's strategic initiatives and ensuring operational excellence. Her key skills encompass product management, strategic planning, and leadership, which contribute to Atlassian's growth and innovation. Bharadwaj has a rich background that includes roles such as Chief Operating Officer and VP of Product at Atlassian, and has held various leadership positions at Microsoft and other tech companies.

AI Analysis | Feedback

Atlassian (TEAM) faces several key risks to its business operations and market position. The most significant risk stems from **intense competition** within the enterprise software market. Atlassian operates in a fiercely competitive landscape, facing formidable rivals such as Microsoft (with Azure DevOps, GitHub, Teams, and SharePoint), GitLab Inc., ServiceNow, and Salesforce (Slack). Microsoft is particularly highlighted as a major competitive threat, leveraging its broad ecosystem and vertical integration to offer comprehensive solutions that can challenge Atlassian's market share in areas like agile project management and DevOps tooling. Competitors like GitLab also offer integrated, end-to-end DevOps platforms, presenting a "toolchain tax" argument against Atlassian's suite model. Another critical risk is **cybersecurity threats and vulnerabilities** affecting its products. Atlassian's core offerings, including Jira, Confluence, and Bitbucket, have been subject to critical security flaws and active exploitation. These vulnerabilities, some with high severity scores, include remote code execution (RCE), privilege escalation, and information disclosure issues. Such exploits can lead to unauthorized access, data breaches, system compromise, and a loss of customer trust. The increasing reliance on cloud applications also introduces risks related to authorization and access-control issues within its cloud services. Finally, the **challenges associated with cloud migration and the discontinuation of server products** represent a key risk. Atlassian has been actively phasing out support for its server products, compelling its large customer base to migrate to either its cloud offerings or Data Center platform. This transition poses an ongoing challenge, as Atlassian must ensure its legacy customers migrate without significant attrition. Delaying this migration can expose customers to increased vulnerabilities due to a lack of security updates and support for unsupported server products. Furthermore, Atlassian is heavily investing in its cloud platform, making new, critical features and advanced tools, including AI and automation capabilities, exclusive to the cloud, which could disadvantage customers remaining on older platforms.

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The emergence of "Work OS" platforms such as Notion, ClickUp, and Monday.com, which offer highly flexible, all-in-one workspaces capable of consolidating functions traditionally spread across multiple Atlassian products like Confluence (for content and wikis), Trello (for task management), and even some project tracking aspects of Jira for non-technical teams. These platforms often provide a more unified user experience, extensive customization, and increasingly sophisticated AI capabilities, directly challenging Atlassian's strategy of providing distinct, albeit integrated, tools.

The rise of fully integrated DevOps platforms like GitLab, which consolidate the entire software development lifecycle—including source code management (competing with Bitbucket), CI/CD (competing with Bamboo), issue tracking (competing with Jira), and other developer services—into a single application. This unified approach provides a compelling alternative for development teams seeking to simplify and streamline their toolchains, potentially displacing Atlassian's suite of specialized developer tools.

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Atlassian (symbol: TEAM) operates within significant addressable markets across its core product offerings. The company estimates its total serviceable addressable market (SAM) to be approximately $67 billion globally, with an anticipated growth rate of 13% annually. This overall market is projected to reach $176 billion by 2025, growing at 11% annually, encompassing software development, service management, and work management categories worldwide. Here's a breakdown of the addressable markets for Atlassian's main products and services: * Jira (Workflow Management, Project Management, Software Development, Enterprise Agile Planning): * The serviceable addressable market for software development is estimated at $17 billion globally, with a 9% annual growth rate. * The global Enterprise Agile Planning (EAP) market was valued at USD 1.58 billion in 2025 and is expected to grow to USD 4.69 billion by 2033. Another estimate projects the global EAP market to be approximately USD 3 billion in 2026, reaching USD 21.34 billion by 2035. * Jira Service Management (IT Service Management - ITSM): * The serviceable addressable market for service management is estimated at $15 billion globally, growing at 13% annually. Atlassian also identifies an additional $9 billion opportunity by expanding its use cases beyond traditional IT teams to areas like HR, legal, and marketing. * The global IT Service Management (ITSM) market was estimated at USD 13.4567 billion in 2024 and is projected to reach USD 29.927 billion by 2030. Other reports indicate the global ITSM market size at USD 13.49 billion in 2024, predicted to grow to approximately USD 51.93 billion by 2034. North America held the largest share of this market, accounting for over 40% in 2024. * Opsgenie and Statuspage (Incident Management and Communication): * These products fall under the broader Incident Management Software market. The global incident management software market was valued at USD 2.5 billion in 2024 and is projected to reach USD 5.93 billion by 2032. Another source estimates the global market at USD 7.215 billion in 2024, growing to USD 15.57883 billion by 2032. * The global Cyber Incident Management Software market was valued at US$ 36.9 billion in 2025 and is expected to reach US$ 131.6 billion by 2032. North America accounts for approximately 40% of the global incident management software market. * Confluence and Trello (Team Collaboration, Work Management, Knowledge Management): * Atlassian's serviceable addressable market for work management is estimated at US$35 billion globally. * The global Team Collaboration Software market was valued at USD 21.5 billion in 2025 and is expected to reach USD 55.0 billion by 2034. Other estimates place the global market at USD 36.1142 billion in 2024, projected to reach USD 57.4038 billion by 2030. North America held the largest share of the team collaboration software market, accounting for over 37% in 2024. * Confluence has a market share of 1.88% in Knowledge Management and 2.01% in productivity software globally. * Bitbucket (Code Sharing and Management, Version Control Systems): * The global Version Control Systems (VCS) market was valued at USD 1.24 billion in 2025 and is projected to grow to USD 5.89 billion by 2034. Other reports estimate the global VCS market at USD 1.03 billion in 2024, reaching USD 2.66 billion by 2030. North America dominates the VCS market, holding over 35% in 2025. * Bitbucket holds approximately 11% of the global market share for hosting services for source code and development projects. It also has an estimated market share of 18.53% in Continuous Integration and Delivery globally.

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Atlassian (TEAM) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:

  1. Cloud Migration: A significant driver of revenue growth is the ongoing migration of customers from Atlassian's legacy Data Center products to its cloud solutions. This transition has led to raised cloud revenue guidance and continues to show robust momentum. Management has noted strong migration performance and outperformance in cloud revenue, indicating continued customer adoption of cloud solutions.
  2. Enterprise Customer Expansion: Atlassian is experiencing strong execution from its enterprise sales and partner teams, resulting in a record number of deals exceeding $1 million in annual contract value. The company is focused on increasing its strategic value within existing enterprise accounts and expanding its large customer base, which now exceeds 300,000 customers.
  3. Artificial Intelligence (AI) Integration and Offerings: Heavy investment in AI and its integration across Atlassian's platform are identified as significant tailwinds for the company. Atlassian has seen rapid adoption of its AI capabilities, with millions of monthly active users, and is delivering new AI-driven innovations like "Rovo" and "Agents in Jira."
  4. Product-led Growth and Platform Expansion: Atlassian's core strategy of product-led growth and expanding its platform ecosystem, including new product launches and continued development of existing products (Jira, Confluence, Trello, Bitbucket), will contribute to revenue growth. The recently introduced "Teamwork collection" has shown strong momentum and is exceeding expectations.
  5. International Expansion: The company's international revenue streams, particularly from the EMEA and Asia Pacific regions, are expected to continue growing. These markets contribute a substantial portion to Atlassian's total revenue, with analysts projecting further increases in these segments.

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1. Share Repurchases

  • In October 2025, Atlassian authorized a new share buyback program of up to $2.5 billion, which is set to follow a previous $1.5 billion initiative launched in September 2024.
  • The company repurchased $779.439 million in shares in 2025, $395.256 million in 2024, and $150.006 million in 2023.

2. Share Issuance

  • Atlassian's shares outstanding have shown slight annual increases, reaching 0.262 billion in 2025 (a 1.02% increase from 2024), 0.259 billion in 2024 (a 1.1% increase from 2023), and 0.256 billion in 2023 (a 1.18% increase from 2022).
  • Share-based compensation amounted to $1.9 billion in fiscal year 2025.

4. Outbound Investments

  • Atlassian completed the acquisition of DX, an engineering intelligence company, in November 2025 for approximately $1 billion in cash and restricted stock to enhance its AI investments and developer experience insights.
  • In December 2025, Atlassian acquired Secoda, a provider of an AI platform for data and analytics solutions.
  • The company also acquired The Browser Company for $610 million in October 2025.

5. Capital Expenditures

  • Capital expenditures for the trailing twelve months leading up to February 2026 were reported as "negligible" at $52.7 million.
  • The primary focus of investments, which includes capital expenditures, has been on enhancing AI capabilities, enterprise sales, cloud platform infrastructure, and overall enterprise-grade capabilities for its System of Work.
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Better Bets vs. Atlassian (TEAM)

Peer Outperformance in Application Software

TEAM has trailed 56% of its 122 Application Software peers over 5Y. Among the peers that beat it are FROG, APPF and SNPS. Application Software ranks 11th of 12 industries in Information Technology by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Application Software constituents that TEAM has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
76%
of 152 industry peers · 9.2% return
3Y
54%
of 140 industry peers · -5.0% return
5Y
44%
of 122 industry peers · -47.8% return
Application Software peers with revenue growth within 4pp of TEAM's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
TEAM Atlassian 23.0% -912.0x 9.2%-5.0%-47.8%
FROG JFrog 24.3% -276.6x 102.7%236.7%159.9% +208pp
APPF AppFolio 25.3% 52.6x -15.6%20.8%91.8% +140pp
SNPS Synopsys 26.2% 78.2x -27.2%-4.5%31.8% +80pp
YOU Clear Secure 24.0% 30.1x 23.7%125.0%4.2% +52pp
DT Dynatrace 19.6% 105.4x 7.9%13.3%-20.9% +27pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Information Technology sector, ranked by 5Y. Application Software is TEAM's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Electronic Manufacturing Services 9 58.3%166.0%298.1% TTMI 752% · FLEX 700% · JBL 407%
Semiconductor Materials & Equipment 27 124.2%57.6%94.6% AEHR 1024% · AXTI 552% · KLAC 449%
Technology Distributors 9 25.8%52.7%72.7% CLMB 352% · AVT 155% · SNX 111%
Communications Equipment 36 24.5%77.4%66.6% AAOI 1311% · LITE 946% · ANET 771%
Electronic Components 26 53.7%54.9%54.0% CLS 3102% · BELFA 1240% · LPTH 351%
Semiconductors 54 28.3%18.9%24.6% POET 1732% · MU 1234% · NVDA 887%
Internet Services & Infrastructure 6 14.7%38.9%14.0% DOCN 75% · VRSN 34% · GDDY 32%
Technology Hardware, Storage & Peripherals 21 25.3%69.5%10.9% STX 1003% · DELL 930% · SMCI 893%
Electronic Equipment & Instruments 27 -6.8%5.1%-9.3% PI 203% · OSIS 113% · ACFN 99%
IT Consulting & Other Services 28 -21.9%-7.1%-19.6% CHRN 478321% · APLD 1422% · INOD 622%
Application Software ← 123 -19.4%-16.4%-43.3% VIDA 273900% · INLX 5272% · PLTR 611%
Systems Software 68 -13.2%17.5%-55.1% QNC 471% · PAYS 400% · PANW 398%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Latest Trefis Analyses

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

TEAMNOWMSFTASANGTLBCRMMedian
NameAtlassianServiceN.MicrosoftAsana GitLab Salesfor. 
Mkt Price-------
Mkt Cap49.10.23,767.12.47.9211.228.5
Rev LTM6,57214,732331,8398091,00543,93810,652
Op Inc LTM101,680155,237-169-529,455845
FCF LTM1,3194,57166,98710726315,1542,945
FCF 3Y Avg1,3833,80970,8903311513,0372,596
CFO LTM1,3535,308182,93512427615,7503,331
CFO 3Y Avg1,4214,628145,8824712113,6643,024

Growth & Margins

TEAMNOWMSFTASANGTLBCRMMedian
NameAtlassianServiceN.MicrosoftAsana GitLab Salesfor. 
Rev Chg LTM26.0%22.2%17.8%9.5%24.9%11.2%20.0%
Rev Chg 3Y Avg23.0%22.5%16.1%11.8%29.5%9.9%19.3%
Rev Chg Q27.6%24.0%17.7%9.5%23.1%10.8%20.4%
QoQ Delta Rev Chg LTM6.2%5.5%4.3%2.3%5.2%2.6%4.7%
Op Inc Chg LTM107.9%4.9%20.8%31.0%58.3%12.8%25.9%
Op Inc Chg 3Y Avg54.2%55.3%20.6%23.0%36.7%31.8%34.2%
Op Mgn LTM0.2%11.4%46.8%-20.9%-5.1%21.5%5.8%
Op Mgn 3Y Avg-1.7%11.8%45.7%-31.4%-16.6%20.6%5.1%
QoQ Delta Op Mgn LTM3.9%-2.0%-0.0%4.1%2.2%-0.3%1.1%
CFO/Rev LTM20.6%36.0%55.1%15.3%27.4%35.8%31.6%
CFO/Rev 3Y Avg27.3%38.0%50.6%5.9%13.8%34.1%30.7%
FCF/Rev LTM20.1%31.0%20.2%13.3%26.2%34.5%23.2%
FCF/Rev 3Y Avg26.6%31.1%25.3%4.0%13.1%32.5%25.9%

Valuation

TEAMNOWMSFTASANGTLBCRMMedian
NameAtlassianServiceN.MicrosoftAsana GitLab Salesfor. 
Mkt Cap49.10.23,767.12.47.9211.228.5
P/S7.50.011.43.07.94.86.1
P/Op Inc4,741.00.124.3-14.5-153.222.311.2
P/EBIT686.60.122.3-15.7-153.216.78.4
P/E-912.00.128.2-15.0-315.721.9-7.4
P/CFO36.30.020.619.728.713.420.2
Total Yield-0.1%1,094.2%4.3%-6.7%-0.3%5.3%2.1%
Dividend Yield0.0%0.0%0.7%0.0%0.0%0.7%0.0%
FCF Yield 3Y Avg4.1%2,084.2%2.2%2.1%2.0%7.1%3.2%
D/E0.055.40.00.10.00.20.1
Net D/E-0.024.8-0.0-0.1-0.20.1-0.0

Returns

TEAMNOWMSFTASANGTLBCRMMedian
NameAtlassianServiceN.MicrosoftAsana GitLab Salesfor. 
1M Rtn-------
3M Rtn-------
6M Rtn-------
12M Rtn-------
3Y Rtn-------
1M Excs Rtn-------
3M Excs Rtn-------
6M Excs Rtn-------
12M Excs Rtn-------
3Y Excs Rtn-------

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment5,2154,3593,5352,803 
Maintenance    523
Other    242
Subscription    1,324
Total5,2154,3593,5352,8032,089


Price Behavior

Price Behavior
Market Price$194.17 
Market Cap ($ Bil)49.1 
First Trading Date12/10/2015 
Distance from 52W High0.0% 
   50 Days200 Days
DMA Price$116.98$108.69
DMA Trenddownup
Distance from DMA66.0%78.7%
 3M1YR
Volatility98.9%77.8%
Downside Capture9.92109.26
Upside Capture257.6896.43
Correlation (SPY)14.7%12.2%
TEAM Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta4.361.261.060.480.741.30
Up Beta2.23-1.52-0.56-0.82-0.001.14
Down Beta-0.61-1.130.870.520.561.57
Up Capture1233%789%357%225%95%131%
Bmk +ve Days10213268138427
Stock +ve Days15293665118368
Down Capture-169%-128%11%-26%106%108%
Bmk -ve Days11213259113324
Stock -ve Days6132862133382

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with TEAM
TEAM9.9%77.6%0.43-
Sector ETF (XLK)40.7%26.2%1.269.6%
Equity (SPY)19.3%12.8%1.1112.1%
Gold (GLD)29.8%29.0%0.89-4.1%
Commodities (DBC)41.3%20.4%1.58-8.9%
Real Estate (VNQ)9.2%13.7%0.40-0.5%
Bitcoin (BTCUSD)-30.9%43.7%-0.729.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with TEAM
TEAM-12.0%63.4%0.05-
Sector ETF (XLK)19.7%25.9%0.6844.3%
Equity (SPY)12.9%17.2%0.5745.8%
Gold (GLD)19.4%18.7%0.841.6%
Commodities (DBC)11.0%19.5%0.444.3%
Real Estate (VNQ)1.9%18.9%-0.0032.8%
Bitcoin (BTCUSD)9.5%52.7%0.3623.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with TEAM
TEAM20.2%53.6%0.56-
Sector ETF (XLK)24.3%25.0%0.8845.3%
Equity (SPY)15.2%17.9%0.7241.6%
Gold (GLD)12.3%16.3%0.623.2%
Commodities (DBC)7.6%18.1%0.346.3%
Real Estate (VNQ)4.9%20.7%0.2026.4%
Bitcoin (BTCUSD)63.4%66.2%1.0315.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date8142026
Short Interest: Shares Quantity11.7 Mil
Short Interest: % Change Since 7312026-25.6%
Average Daily Volume6.6 Mil
Days-to-Cover Short Interest1.8 days
Basic Shares Quantity252.8 Mil
Short % of Basic Shares4.6%

Earnings Returns History

Updated 8/17/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/6/202635.3%50.7% 
4/30/202629.6%34.7%69.0%
2/5/2026-3.7%-12.1%-16.6%
10/30/20255.4%-2.8%-4.2%
8/7/2025-1.7%-3.9%1.0%
5/1/2025-9.0%-9.1%-10.2%
1/30/202514.9%19.5%2.7%
10/31/202419.0%24.1%41.0%
...
SUMMARY STATS   
# Positive657
# Negative10118
Median Positive18.1%24.1%20.5%
Median Negative-9.3%-9.1%-12.6%
Max Positive35.3%50.7%69.0%
Max Negative-29.0%-19.9%-23.3%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/6/202635.3%50.7% 
4/30/202629.6%34.7%69.0%
2/5/2026-3.7%-12.1%-16.6%
10/30/20255.4%-2.8%-4.2%
8/7/2025-1.7%-3.9%1.0%
5/1/2025-9.0%-9.1%-10.2%
1/30/202514.9%19.5%2.7%
10/31/202419.0%24.1%41.0%
8/1/2024-17.1%-19.9%-4.4%
4/25/2024-9.6%-7.5%-14.9%
2/1/2024-14.7%-16.7%-18.6%
11/2/2023-2.5%-5.8%7.2%
8/3/202317.2%16.4%20.5%
5/4/2023-9.5%-9.6%22.1%
2/2/2023-7.2%-6.2%-3.4%
11/3/2022-29.0%-19.1%-23.3%
SUMMARY STATS   
# Positive657
# Negative10118
Median Positive18.1%24.1%20.5%
Median Negative-9.3%-9.1%-12.6%
Max Positive35.3%50.7%69.0%
Max Negative-29.0%-19.9%-23.3%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/14/202610-K
03/31/202605/01/202610-Q
12/31/202502/06/202610-Q
09/30/202510/31/202510-Q
06/30/202508/15/202510-K
03/31/202505/02/202510-Q
12/31/202401/31/202510-Q
09/30/202411/01/202410-Q
06/30/202408/16/202410-K
03/31/202404/26/202410-Q
12/31/202302/02/202410-Q
09/30/202311/03/202310-Q
06/30/202308/18/202310-K
03/31/202305/05/202310-Q
12/31/202202/03/202310-Q
09/30/202211/04/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/14/202610-K
03/31/202605/01/202610-Q
12/31/202502/06/202610-Q
09/30/202510/31/202510-Q
06/30/202508/15/202510-K
03/31/202505/02/202510-Q
12/31/202401/31/202510-Q
09/30/202411/01/202410-Q
06/30/202408/16/202410-K
03/31/202404/26/202410-Q
12/31/202302/02/202410-Q
09/30/202311/03/202310-Q
06/30/202308/18/202310-K
03/31/202305/05/202310-Q
12/31/202202/03/202310-Q
09/30/202211/04/202210-Q
06/30/202208/19/202220-F
03/31/202204/29/20226-K
12/31/202101/28/20226-K
09/30/202110/29/20216-K
06/30/202108/13/202120-F
03/31/202104/30/20216-K
12/31/202001/29/20216-K
09/30/202011/03/20206-K
06/30/202008/14/202020-F
03/31/202005/01/20206-K
12/31/201901/28/20206-K
09/30/201910/25/20196-K

Recent Forward Guidance

Updated 8/7/2026

Latest: Q4 2026 Earnings Reported 8/6/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q1 2027 RevenueReported1.71 Bil1.71 Bil1.72 Bil3.2% Higher NewGuidance: 1.66 Bil for Q4 2026
Q1 2027 Cloud Revenue GrowthReported 28.5%  3.0%Higher NewGuidance: 25.5% for Q4 2026
Q1 2027 Data Center Revenue GrowthReported -4.0%  -12.5%Lower NewGuidance: 8.5% for Q4 2026
Q1 2027 Marketplace and other revenue growthReported 12.5%  6.0%Higher NewGuidance: 6.5% for Q4 2026
Q1 2027 Gross margin (GAAP)Reported 85.0%  -0.5%Lower NewGuidance: 85.5% for Q4 2026
Q1 2027 Gross margin (non-GAAP)Reported 87.0%  -1.0%Lower NewGuidance: 88.0% for Q4 2026
Q1 2027 Operating margin (GAAP)Reported 6.5%  2.0%Higher NewGuidance: 4.5% for Q4 2026
Q1 2027 Operating margin (non-GAAP)Reported 28.5%  -2.0%Lower NewGuidance: 30.5% for Q4 2026
2027 Subscription ARR growthReported 18.0%    
2027 Total revenue growthReported 13.0%  -11.0%Lower NewGuidance: 24.0% for 2026
2027 Cloud revenue growthReported 25.5%  -1.0%Lower NewGuidance: 26.5% for 2026
2027 Data Center revenue growthReported -17.0%  -38.5%Lower NewGuidance: 21.5% for 2026
2027 Marketplace and other revenue growthReported 12.0%  5.5%Higher NewGuidance: 6.5% for 2026
2027 Gross margin (GAAP)Reported 84.5%  0.0%Same NewGuidance: 84.5% for 2026
2027 Gross margin (non-GAAP)Reported 86.5%  -1.5%Lower NewGuidance: 88.0% for 2026
2027 Operating margin (GAAP)Reported 4.5%  6.5%Higher NewGuidance: -2.0% for 2026
2027 Operating margin (non-GAAP)Reported 25.0%  -4.0%Lower NewGuidance: 29.0% for 2026

Prior: Q3 2026 Earnings Reported 4/30/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q4 2026 Total RevenueReported1.65 Bil1.66 Bil1.66 Bil-2.1% LoweredGuidance: 1.69 Bil for Q3 2026
Q4 2026 Cloud Revenue GrowthReported 25.5%  2.5%RaisedGuidance: 23.0% for Q3 2026
Q4 2026 Data Center Revenue GrowthReported 8.5%  -25.0%LoweredGuidance: 33.5% for Q3 2026
Q4 2026 Marketplace and Other Revenue GrowthReported 6.5%  1.5%RaisedGuidance: 5.0% for Q3 2026
Q4 2026 Gross Margin (GAAP)Reported 85.5%  0.0%AffirmedGuidance: 85.5% for Q3 2026
Q4 2026 Gross Margin (Non-GAAP)Reported 88.0%  0.0%AffirmedGuidance: 88.0% for Q3 2026
Q4 2026 Operating Margin (GAAP)Reported 4.5%  4.5%RaisedGuidance: 0.0% for Q3 2026
Q4 2026 Operating Margin (Non-GAAP)Reported 30.5%  3.0%RaisedGuidance: 27.5% for Q3 2026
2026 Total Revenue GrowthReported 24.0%  2.0%RaisedGuidance: 22.0% for 2026
2026 Cloud Revenue GrowthReported 26.5%  2.2%RaisedGuidance: 24.3% for 2026
2026 Data Center Revenue GrowthReported 21.5%  1.5%RaisedGuidance: 20.0% for 2026
2026 Marketplace and Other Revenue GrowthReported 6.5%  0.5%RaisedGuidance: 6.0% for 2026
2026 Gross Margin (GAAP)Reported 84.5%  0.5%RaisedGuidance: 84.0% for 2026
2026 Gross Margin (Non-GAAP)Reported 88.0%  1.0%RaisedGuidance: 87.0% for 2026
2026 Operating Margin (GAAP)Reported -2.0%  1.0%RaisedGuidance: -3.0% for 2026
2026 Operating Margin (Non-GAAP)Reported 29.0%  3.5%RaisedGuidance: 25.5% for 2026

Q2 2026 Earnings Reported 2/5/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q3 2026 RevenueReported1.69 Bil1.69 Bil1.70 Bil   
Q3 2026 Cloud Revenue GrowthReported 23.0%    
Q3 2026 Data Center Revenue GrowthReported 33.5%    
Q3 2026 Marketplace and other revenue growthReported 5.0%    
Q3 2026 Gross Margin (GAAP)Reported 85.5%    
Q3 2026 Gross Margin (Non-GAAP)Reported 88.0%    
Q3 2026 Operating Margin (GAAP)Reported 0.0%    
Q3 2026 Operating Margin (Non-GAAP)Reported 27.5%    
2026 Revenue GrowthReported 22.0%  1.2%RaisedGuidance: 20.8% for 2026
2026 Cloud Revenue GrowthReported 24.3%  1.8%RaisedGuidance: 22.5% for 2026
2026 Data Center Revenue GrowthReported 20.0%  0.0%AffirmedGuidance: 20.0% for 2026
2026 Marketplace and other revenue growthReported 6.0%  1.0%RaisedGuidance: 5.0% for 2026
2026 Gross Margin (GAAP)Reported 84.0%    
2026 Gross Margin (Non-GAAP)Reported 87.0%    
2026 Operating Margin (GAAP)Reported -3.0%    
2026 Operating Margin (Non-GAAP)Reported 25.5%    

Q1 2026 Earnings Reported 10/30/2025

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q2 2026 Total RevenueReported1.53 Bil1.54 Bil1.54 Bil   
Q2 2026 Cloud Revenue GrowthReported 22.5%  0AffirmedGuidance: 22.5% for Q1 2026
Q2 2026 Data Center Revenue GrowthReported 17.0%  9.0%Higher NewGuidance: 8.0% for Q1 2026
Q2 2026 Marketplace and other revenue growthReported 2.0%  -9.5%Lower NewGuidance: 11.5% for Q1 2026
2026 Total Revenue GrowthReported 20.8%  2.8%RaisedGuidance: 18.0% for 2026
2026 Cloud Revenue GrowthReported 22.5%  1.5%RaisedGuidance: 21.0% for 2026
2026 Data Center Revenue GrowthReported 20.0%  7.5%RaisedGuidance: 12.5% for 2026
2026 Marketplace and other revenue growthReported 5.0%  -5.0%LoweredGuidance: 10.0% for 2026

Insider Activity

Updated 8/31/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Liu, GeneChief Accounting OfficerDirectSell8312026190.00939178,41010,614,920Form
2Chuong, JamesChief Financial OfficerDirectSell8202026172.459,0541,561,37748,151,607Form
3Duffy, BrianChief Revenue OfficerDirectSell8202026172.451,851319,20437,632,408Form
4Liu, GeneChief Accounting OfficerDirectSell8202026175.001,125196,8759,941,225Form
5Duffy, BrianChief Revenue OfficerDirectSell8172026163.007,6171,241,55235,871,524Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Liu, GeneChief Accounting OfficerDirectSell8312026190.00939178,41010,614,920Form
2Chuong, JamesChief Financial OfficerDirectSell8202026172.459,0541,561,37748,151,607Form
3Duffy, BrianChief Revenue OfficerDirectSell8202026172.451,851319,20437,632,408Form
4Liu, GeneChief Accounting OfficerDirectSell8202026175.001,125196,8759,941,225Form
5Duffy, BrianChief Revenue OfficerDirectSell8172026163.007,6171,241,55235,871,524Form
6Liu, GeneChief Accounting OfficerDirectSell8172026163.00815132,8459,442,891Form
7Liu, GeneChief Accounting OfficerDirectSell8172026165.00737121,6059,693,255Form
8Duffy, BrianChief Revenue OfficerDirectSell612202689.713,000269,13020,426,160Form
9Duffy, BrianChief Revenue OfficerDirectSell612202688.791,432127,14720,483,054Form
10Duffy, BrianChief Revenue OfficerDirectSell612202692.791,813168,22821,538,693Form
11Duffy, BrianChief Revenue OfficerDirectSell609202695.351,454138,63922,305,798Form
12Duffy, BrianChief Revenue OfficerDirectSell609202698.031,451142,24223,075,282Form
13Chuong, JamesChief Financial OfficerDirectSell521202687.758,838775,51325,295,168Form
14Duffy, BrianChief Revenue OfficerDirectSell520202687.751,986174,26320,781,827Form
15Liu, GeneChief Accounting OfficerDirectSell520202687.71675,8775,217,531Form
16Duffy, BrianChief Revenue OfficerDirectSell515202680.827,017567,10819,301,793Form
17Liu, GeneChief Accounting OfficerDirectSell515202680.8280364,8994,812,932Form
18Duffy, BrianChief Revenue OfficerDirectSell220202681.351,22299,41010,114,451Form
19Liu, GeneChief Accounting OfficerDirectSell220202681.36665,3704,910,218Form
20Rajan, Rajeev BashyamChief Technology OfficerDirectSell220202681.353,072249,90717,320,707Form
21Binz, Joseph LeoChief Financial OfficerDirectSell220202681.351,653134,47116,972,681Form
22Liu, GeneChief Accounting OfficerDirectSell218202681.8090874,2744,942,315Form
23Duffy, BrianChief Revenue OfficerDirectSell218202681.8098280,32910,270,473Form
24Rajan, Rajeev BashyamChief Technology OfficerDirectSell218202681.804,009327,93617,667,803Form
25Binz, Joseph LeoChief Financial OfficerDirectSell218202681.802,949241,22917,201,962Form
26Farquhar, ScottSee FootnoteSell206202694.817,665726,71626,161,764Form
27Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell206202694.817,665726,71626,161,764Form
28Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell2062026102.287,665783,97029,006,905Form
29Farquhar, ScottSee FootnoteSell2062026102.287,665783,97129,006,933Form
30Farquhar, ScottSee FootnoteSell2042026104.047,665797,46231,101,010Form
31Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell2042026104.047,665797,45931,100,918Form
32Farquhar, ScottSee FootnoteSell2022026119.157,665913,31237,445,795Form
33Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell2022026119.157,665913,31137,445,766Form
34Farquhar, ScottSee FootnoteSell1302026118.977,665911,89538,299,601Form
35Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell1302026118.977,665911,89538,299,578Form
36Farquhar, ScottSee FootnoteSell1282026133.307,6651,021,72744,955,977Form
37Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell1282026133.307,6651,021,72644,955,933Form
38Farquhar, ScottSee FootnoteSell1262026130.857,6651,002,96246,136,262Form
39Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell1262026130.857,6651,002,96146,136,224Form
40Farquhar, ScottSee FootnoteSell1232026126.117,665966,64145,432,132Form
41Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell1232026126.117,665966,64045,432,103Form
42Farquhar, ScottSee FootnoteSell1212026118.197,665905,91644,389,865Form
43Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell1212026118.197,665905,91644,389,865Form
44Farquhar, ScottSee FootnoteSell1162026120.827,665926,05746,302,828Form
45Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell1162026120.827,665926,05546,302,736Form
46Farquhar, ScottSee FootnoteSell1162026130.817,6651,002,65351,135,312Form
47Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell1162026130.817,6651,002,65251,135,229Form
48Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell1132026147.157,6651,127,89360,906,231Form
49Farquhar, ScottSee FootnoteSell1132026147.157,6651,127,89560,906,355Form
50Farquhar, ScottSee FootnoteSell1122026145.917,6651,118,42761,513,499Form
51Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell1122026145.917,6651,118,42761,513,491Form
52Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell1072026158.627,6651,215,81870,517,444Form
53Farquhar, ScottSee FootnoteSell1072026158.627,6651,215,81870,517,469Form
54Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell1062026154.207,6651,181,96969,736,152Form
55Farquhar, ScottSee FootnoteSell1062026154.207,6651,181,97069,736,237Form
56Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell1052026156.157,6651,196,85971,811,555Form
57Farquhar, ScottSee FootnoteSell1052026156.157,6651,196,86071,811,618Form
58Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12312025162.687,665  Form
59Farquhar, ScottSee FootnoteSell12312025162.687,665  Form
60Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12312025163.507,6651,253,2641,253,264Form
61Farquhar, ScottSee FootnoteSell12312025163.507,6651,253,2651,253,265Form
62Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12302025163.667,6651,254,4402,508,880Form
63Farquhar, ScottSee FootnoteSell12302025163.667,6651,254,4412,508,882Form
64Farquhar, ScottSee FootnoteSell12292025162.537,6651,245,8213,737,462Form
65Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12292025162.537,6651,245,8203,737,460Form
66Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12292025161.037,6651,234,3274,937,309Form
67Farquhar, ScottSee FootnoteSell12292025161.037,6651,234,3284,937,312Form
68Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12232025161.307,6651,236,3466,181,729Form
69Farquhar, ScottSee FootnoteSell12232025161.307,6651,236,3476,181,734Form
70Farquhar, ScottSee FootnoteSell12232025164.117,6651,257,9147,547,484Form
71Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12232025164.117,6651,257,9137,547,477Form
72Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12232025162.407,6651,244,8028,713,612Form
73Farquhar, ScottSee FootnoteSell12232025162.407,6651,244,8048,713,628Form
74Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12192025164.817,6651,263,29010,106,320Form
75Farquhar, ScottSee FootnoteSell12192025164.817,6651,263,29010,106,321Form
76Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12182025163.167,6651,250,63111,255,681Form
77Farquhar, ScottSee FootnoteSell12182025163.167,6651,250,63411,255,702Form
78Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12172025160.427,6651,229,60012,295,997Form
79Farquhar, ScottSee FootnoteSell12172025160.427,6651,229,60212,296,023Form
80Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12162025158.927,6651,218,09213,399,014Form
81Farquhar, ScottSee FootnoteSell12162025158.927,6651,218,09313,399,028Form
82Brown, Shona LSee FootnoteSell12152025163.0052886,0645,950,804Form
83Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12152025162.117,6651,242,61014,911,314Form
84Farquhar, ScottSee FootnoteSell12152025162.117,6651,242,61014,911,315Form
85Farquhar, ScottSee FootnoteSell12122025163.077,6651,249,93916,249,202Form
86Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12122025163.077,6651,249,93816,249,197Form
87Farquhar, ScottSee FootnoteSell12112025161.797,6651,240,12517,361,752Form
88Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12112025161.797,6651,240,12317,361,726Form
89Farquhar, ScottSee FootnoteSell12102025161.137,6651,235,05518,525,820Form
90Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12102025161.137,6651,235,05318,525,798Form
91Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12092025160.707,6651,231,76519,708,236Form
92Farquhar, ScottSee FootnoteSell12092025160.707,6651,231,76519,708,247Form
93Farquhar, ScottSee FootnoteSell12082025160.487,6651,230,09120,911,540Form
94Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12082025160.487,6651,230,09020,911,536Form
95Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12052025155.707,6651,193,45221,482,133Form
96Farquhar, ScottSee FootnoteSell12052025155.707,6651,193,45321,482,150Form
97Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12042025155.087,6651,188,65822,584,507Form
98Farquhar, ScottSee FootnoteSell12042025155.087,6651,188,65922,584,514Form
99Farquhar, ScottSee FootnoteSell12032025154.547,6651,184,53023,690,597Form
100Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12032025154.547,6651,184,52923,690,573Form
101Belsky, ScottSee FootnoteBuy12022025148.031,672247,506913,197Form
102Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12022025152.047,6651,165,39924,473,373Form
103Farquhar, ScottSee FootnoteSell12022025152.047,6651,165,39924,473,382Form
104Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell12012025150.127,6651,150,69825,315,354Form
105Farquhar, ScottSee FootnoteSell12012025150.127,6651,150,70025,315,397Form
106Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11262025148.297,6651,136,61126,142,048Form
107Farquhar, ScottSee FootnoteSell11262025148.297,6651,136,61126,142,062Form
108Farquhar, ScottSee FootnoteSell11262025149.207,6651,143,61327,446,721Form
109Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11262025149.207,6651,143,61227,446,689Form
110Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11252025146.627,6651,123,83628,095,889Form
111Farquhar, ScottSee FootnoteSell11252025146.627,6651,123,83628,095,889Form
112Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11242025144.027,6651,103,92928,702,166Form
113Farquhar, ScottSee FootnoteSell11242025144.027,6651,103,93228,702,221Form
114Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11212025145.537,6651,115,45230,117,210Form
115Farquhar, ScottSee FootnoteSell11212025145.537,6651,115,45330,117,228Form
116Liu, GeneChief Accounting OfficerDirectSell11202025147.449213,5658,562,027Form
117Rajan, Rajeev BashyamChief Technology OfficerDirectSell11202025147.463,017444,89632,441,403Form
118Binz, Joseph LeoChief Financial OfficerDirectSell11202025147.461,710252,16131,445,106Form
119Duffy, BrianChief Revenue OfficerDirectSell11202025147.461,940286,07918,659,399Form
120Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11202025147.637,6651,131,56931,683,921Form
121Farquhar, ScottSee FootnoteSell11202025147.637,6651,131,57031,683,952Form
122Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11192025147.667,6651,131,84132,823,400Form
123Farquhar, ScottSee FootnoteSell11192025147.667,6651,131,84332,823,457Form
124Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11182025147.417,6651,129,89233,896,771Form
125Farquhar, ScottSee FootnoteSell11182025147.417,6651,129,89333,896,793Form
126Binz, Joseph LeoChief Financial OfficerDirectSell11172025152.464,531690,77832,770,551Form
127Bharadwaj, AnuttharaPresidentDirectSell11172025152.469,8471,501,23536,908,406Form
128Rajan, Rajeev BashyamChief Technology OfficerDirectSell11172025152.465,652861,68133,999,809Form
129Liu, GeneChief Accounting OfficerDirectSell11172025152.451,044159,1618,867,124Form
130Duffy, BrianChief Revenue OfficerDirectSell11172025152.461,468223,80619,586,965Form
131Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11172025152.517,6651,168,97836,238,323Form
132Farquhar, ScottSee FootnoteSell11172025152.517,6651,168,98036,238,384Form
133Farquhar, ScottSee FootnoteSell11142025153.777,6651,178,67937,717,714Form
134Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11142025153.777,6651,178,67737,717,651Form
135Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11132025154.977,6651,187,85239,199,103Form
136Farquhar, ScottSee FootnoteSell11132025154.977,6651,187,85339,199,148Form
137Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11122025160.307,6651,228,73141,776,852Form
138Farquhar, ScottSee FootnoteSell11122025160.307,6651,228,73641,777,020Form
139Farquhar, ScottSee FootnoteSell11102025158.007,6651,211,06442,387,242Form
140Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11102025158.007,6651,211,06242,387,175Form
141Farquhar, ScottSee FootnoteSell11102025155.587,6651,192,50142,930,036Form
142Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11102025155.587,6651,192,50042,929,986Form
143Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11072025155.887,6651,194,83144,208,748Form
144Farquhar, ScottSee FootnoteSell11072025155.887,6651,194,83344,208,822Form
145Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11062025162.667,6651,246,79147,378,072Form
146Farquhar, ScottSee FootnoteSell11062025162.667,6651,246,79347,378,152Form
147Farquhar, ScottSee FootnoteSell11052025165.247,6651,266,59949,397,364Form
148Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11052025165.247,6651,266,59149,397,068Form
149Belsky, ScottSee FootnoteBuy11042025169.991,476250,905764,445Form
150Farquhar, ScottSee FootnoteSell11042025172.797,6651,324,39752,975,891Form
151Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11042025172.787,6651,324,39252,975,667Form
152Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell11032025167.617,6651,284,76152,675,220Form
153Farquhar, ScottSee FootnoteSell11032025167.617,6651,284,76352,675,282Form
154Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10312025161.757,6651,239,81352,072,163Form
155Farquhar, ScottSee FootnoteSell10312025161.757,6651,239,81552,072,245Form
156Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10302025160.407,6651,229,50352,868,630Form
157Farquhar, ScottSee FootnoteSell10302025160.417,6651,229,50452,868,693Form
158Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10302025163.677,6651,254,50955,198,397Form
159Farquhar, ScottSee FootnoteSell10302025163.677,6651,254,51055,198,434Form
160Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10282025165.037,6651,264,96356,923,330Form
161Farquhar, ScottSee FootnoteSell10282025165.037,6651,264,96456,923,362Form
162Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10272025164.507,6651,260,91758,002,169Form
163Farquhar, ScottSee FootnoteSell10272025164.507,6651,260,91858,002,242Form
164Farquhar, ScottSee FootnoteSell10242025164.817,6651,263,23559,372,049Form
165Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10242025164.817,6651,263,23459,372,013Form
166Farquhar, ScottSee FootnoteSell10232025169.167,6651,296,64462,238,918Form
167Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10232025169.167,6651,296,64462,238,889Form
168Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10222025165.767,6651,270,56462,257,650Form
169Farquhar, ScottSee FootnoteSell10222025165.767,6651,270,56462,257,650Form
170Farquhar, ScottSee FootnoteSell10202025157.287,6651,205,58060,279,010Form
171Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10202025157.287,6651,205,57960,278,937Form
172Farquhar, ScottSee FootnoteSell10202025151.217,6651,159,00959,109,467Form
173Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10202025151.217,6651,159,00859,109,420Form
174Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10172025151.357,6651,160,11960,326,182Form
175Farquhar, ScottSee FootnoteSell10172025151.357,6651,160,12060,326,221Form
176Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10162025151.837,6651,163,77261,679,922Form
177Farquhar, ScottSee FootnoteSell10162025151.837,6651,163,77561,680,094Form
178Farquhar, ScottSee FootnoteSell10152025153.607,6651,177,32363,575,462Form
179Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10152025153.607,6651,177,32263,575,387Form
180Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10142025147.817,6651,132,96862,313,228Form
181Farquhar, ScottSee FootnoteSell10142025147.817,6651,132,96962,313,288Form
182Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10102025145.857,6651,117,94962,605,121Form
183Farquhar, ScottSee FootnoteSell10102025145.857,6651,117,94962,605,131Form
184Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10102025148.547,6651,138,58164,899,121Form
185Farquhar, ScottSee FootnoteSell10102025148.547,6651,138,58164,899,129Form
186Farquhar, ScottSee FootnoteSell10092025150.937,6651,156,86167,097,944Form
187Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10092025150.937,6651,156,86167,097,936Form
188Farquhar, ScottSee FootnoteSell10082025148.037,6651,134,64066,943,769Form
189Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10082025148.037,6651,134,64066,943,752Form
190Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10072025150.757,6651,155,51769,330,999Form
191Farquhar, ScottSee FootnoteSell10072025150.757,6651,155,51769,331,021Form
192Farquhar, ScottSee FootnoteSell10062025150.867,6651,156,32470,535,772Form
193Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10062025150.867,6651,156,32370,535,705Form
194Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10032025150.617,6651,154,40871,573,281Form
195Farquhar, ScottSee FootnoteSell10032025150.617,6651,154,40871,573,327Form
196Belsky, ScottSee FootnoteBuy10022025153.101,566239,752462,510Form
197Farquhar, ScottSee FootnoteSell10022025152.507,6651,168,92173,642,001Form
198Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell10022025152.507,6651,168,92073,641,953Form
199Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9302025159.617,665  Form
200Farquhar, ScottSee FootnoteSell9302025159.617,665  Form
201Farquhar, ScottSee FootnoteSell9302025166.367,6651,275,1591,275,159Form
202Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9302025166.367,6651,275,1571,275,157Form
203Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9292025165.267,6651,266,6972,533,395Form
204Farquhar, ScottSee FootnoteSell9292025165.267,6651,266,6992,533,398Form
205Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9262025162.587,6651,246,1693,738,507Form
206Farquhar, ScottSee FootnoteSell9262025162.587,6651,246,1703,738,509Form
207Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9252025165.097,6651,265,4095,061,634Form
208Farquhar, ScottSee FootnoteSell9252025165.097,6651,265,4105,061,639Form
209Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9242025166.317,6651,274,7846,373,920Form
210Farquhar, ScottSee FootnoteSell9242025166.317,6651,274,7856,373,923Form
211Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9232025170.207,6651,304,6027,827,612Form
212Farquhar, ScottSee FootnoteSell9232025170.207,6651,304,6047,827,626Form
213Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9222025169.327,6651,297,8369,084,852Form
214Farquhar, ScottSee FootnoteSell9222025169.327,6651,297,8369,084,855Form
215Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9192025170.097,6651,303,72410,429,791Form
216Farquhar, ScottSee FootnoteSell9192025170.097,6651,303,72510,429,796Form
217Farquhar, ScottSee FootnoteSell9182025173.567,6651,330,36111,973,251Form
218Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9182025173.567,6651,330,36111,973,249Form
219Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9172025173.537,6651,330,07413,300,745Form
220Farquhar, ScottSee FootnoteSell9172025173.537,6651,330,07513,300,752Form
221Farquhar, Scott See FootnoteSell9162025174.587,6651,338,13814,719,519Form
222Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9162025174.587,6651,338,13714,719,508Form
223Farquhar, Scott See FootnoteSell9162025175.177,6651,342,68016,112,164Form
224Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9162025175.177,6651,342,67916,112,143Form
225Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9122025177.337,6651,359,21117,669,744Form
226Farquhar, ScottSee FootnoteSell9122025177.337,6651,359,21217,669,756Form
227Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9112025175.767,6651,347,21118,860,957Form
228Farquhar, ScottSee FootnoteSell9112025175.767,6651,347,21218,860,973Form
229Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9102025180.517,6651,383,63320,754,491Form
230Farquhar, ScottSee FootnoteSell9102025180.517,6651,383,63520,754,530Form
231Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9092025171.597,6651,315,26321,044,202Form
232Farquhar, ScottSee FootnoteSell9092025171.597,6651,315,26421,044,222Form
233Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9082025171.907,6651,317,64822,400,012Form
234Farquhar, ScottSee FootnoteSell9082025171.907,6651,317,64822,400,023Form
235Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9052025167.677,6651,285,19523,133,505Form
236Farquhar, ScottSee FootnoteSell9052025167.677,6651,285,19623,133,526Form
237Farquhar, ScottSee FootnoteSell9042025171.147,6651,311,81024,924,388Form
238Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9042025171.147,6651,311,80924,924,375Form
239Cannon-Brookes, MichaelCEO, Co-FounderSee FootnoteSell9032025172.877,6651,325,05726,501,137Form
240Farquhar, ScottSee FootnoteSell9032025172.877,6651,325,05826,501,152Form

Investor Activity (13F)

Updated Sep 1, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Voyager Global Management LP$262.8 Mil8.9%8ADD +185.2%13F
Capco Asset Management, LLC$11.9 Mil3.2%27ADD +215.4%13F
Optimus Prime Fund Management Co., Ltd.$25.8 Mil2.5%27ADD +371.9%13F
Loews Corp$50.5 Mil0.4%25ADD +640.0%13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Loews Corp$50.5 Mil0.4%25ADD +640.0%13F
Optimus Prime Fund Management Co., Ltd.$25.8 Mil2.5%27ADD +371.9%13F
Capco Asset Management, LLC$11.9 Mil3.2%27ADD +215.4%13F
Voyager Global Management LP$262.8 Mil8.9%8ADD +185.2%13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Atreides Management, LP$64.6 Mil1.4%49Exited13F
Anomaly Capital Management, LP$22.6 Mil0.8%32Exited13F
Glynn Capital Management LLC$10.8 Mil3.7%37Exited13F
Benchstone Capital Management LP$10.7 Mil1.2%43Exited13F
Light Street Capital Management, LLC$10.3 Mil1.6%24Exited13F
Tensor Edge Capital, LLC$5.0 Mil1.9%13Exited13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Voyager Global Management LP$262.8 Mil8.9%8ADD +185.2%13F
Loews Corp$50.5 Mil0.4%25ADD +640.0%13F
Optimus Prime Fund Management Co., Ltd.$25.8 Mil2.5%27ADD +371.9%13F
Capco Asset Management, LLC$11.9 Mil3.2%27ADD +215.4%13F
Core Cache Last Updated: 8/31/2026