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Side-by-side financial comparison of Five Point Holdings, LLC (FPH) and Atlassian Corp (TEAM), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.
Atlassian Corp is the larger business by last-quarter revenue ($1.6B vs $75.4M, roughly 21.0× Five Point Holdings, LLC). Five Point Holdings, LLC runs the higher net margin — 30.9% vs -2.7%, a 33.6% gap on every dollar of revenue. On growth, Atlassian Corp posted the faster year-over-year revenue change (23.3% vs -52.7%). Atlassian Corp produced more free cash flow last quarter ($168.5M vs $79.6M). Over the past eight quarters, Five Point Holdings, LLC's revenue compounded faster (184.3% CAGR vs 15.6%).
Third Point LLC is a New York-based hedge fund founded by Daniel S. Loeb in 1995. The firm operates as an employee-owned and SEC-registered investment advisor.
The Dragoneer Investment Group (Dragoneer) is an American investment firm based in San Francisco, California. The firm focuses on technology investments in both public and private markets globally.
FPH vs TEAM — Head-to-Head
Income Statement — Q4 2025 vs Q2 2026
| Metric | | |
|---|---|---|
| Revenue | $75.4M | $1.6B |
| Net Profit | $23.3M | $-42.6M |
| Gross Margin | — | 85.0% |
| Operating Margin | 89.5% | -3.0% |
| Net Margin | 30.9% | -2.7% |
| Revenue YoY | -52.7% | 23.3% |
| Net Profit YoY | -49.9% | -11.6% |
| EPS (diluted) | — | $-0.16 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.
| Q4 25 | $75.4M | $1.6B | ||
| Q3 25 | $13.0M | $1.4B | ||
| Q2 25 | $7.0M | $1.4B | ||
| Q1 25 | $12.7M | $1.4B | ||
| Q4 24 | $159.4M | $1.3B | ||
| Q3 24 | $16.5M | $1.2B | ||
| Q2 24 | $50.8M | — | ||
| Q1 24 | $9.3M | — |
| Q4 25 | $23.3M | $-42.6M | ||
| Q3 25 | $21.1M | $-51.9M | ||
| Q2 25 | $3.3M | $-23.9M | ||
| Q1 25 | $23.3M | $-70.8M | ||
| Q4 24 | $46.5M | $-38.2M | ||
| Q3 24 | $4.8M | $-123.8M | ||
| Q2 24 | $14.7M | — | ||
| Q1 24 | $2.3M | — |
| Q4 25 | — | 85.0% | ||
| Q3 25 | — | 82.0% | ||
| Q2 25 | — | 83.1% | ||
| Q1 25 | — | 83.8% | ||
| Q4 24 | — | 82.7% | ||
| Q3 24 | — | 81.7% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 89.5% | -3.0% | ||
| Q3 25 | — | -6.7% | ||
| Q2 25 | — | -2.1% | ||
| Q1 25 | — | -0.9% | ||
| Q4 24 | 87.7% | -4.5% | ||
| Q3 24 | 86.0% | -2.7% | ||
| Q2 24 | 86.9% | — | ||
| Q1 24 | 75.4% | — |
| Q4 25 | 30.9% | -2.7% | ||
| Q3 25 | 162.6% | -3.6% | ||
| Q2 25 | 47.1% | -1.7% | ||
| Q1 25 | 182.8% | -5.2% | ||
| Q4 24 | 29.2% | -3.0% | ||
| Q3 24 | 28.8% | -10.4% | ||
| Q2 24 | 29.0% | — | ||
| Q1 24 | 24.9% | — |
| Q4 25 | — | $-0.16 | ||
| Q3 25 | — | $-0.20 | ||
| Q2 25 | — | $-0.08 | ||
| Q1 25 | — | $-0.27 | ||
| Q4 24 | — | $-0.15 | ||
| Q3 24 | — | $-0.48 | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $425.5M | $1.6B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.3B | $1.6B |
| Total Assets | $3.2B | $6.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q4 25 | $425.5M | $1.6B | ||
| Q3 25 | $351.1M | $2.8B | ||
| Q2 25 | $456.6M | $2.9B | ||
| Q1 25 | $528.3M | $3.0B | ||
| Q4 24 | $430.9M | $2.5B | ||
| Q3 24 | $224.5M | $2.2B | ||
| Q2 24 | $217.4M | — | ||
| Q1 24 | $232.7M | — |
| Q4 25 | $2.3B | $1.6B | ||
| Q3 25 | $2.3B | $1.4B | ||
| Q2 25 | $2.2B | $1.3B | ||
| Q1 25 | $2.2B | $1.4B | ||
| Q4 24 | $2.2B | $1.2B | ||
| Q3 24 | $2.0B | $1.0B | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $2.0B | — |
| Q4 25 | $3.2B | $6.2B | ||
| Q3 25 | $3.2B | $5.7B | ||
| Q2 25 | $3.2B | $6.0B | ||
| Q1 25 | $3.2B | $5.9B | ||
| Q4 24 | $3.1B | $5.4B | ||
| Q3 24 | $2.9B | $5.0B | ||
| Q2 24 | $2.9B | — | ||
| Q1 24 | $2.9B | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $79.7M | $177.8M |
| Free Cash FlowOCF − Capex | $79.6M | $168.5M |
| FCF MarginFCF / Revenue | 105.5% | 10.6% |
| Capex IntensityCapex / Revenue; lower = less reinvestment burden | 0.2% | 0.6% |
| Cash ConversionOCF / Net Profit; >1× = earnings back up with cash | 3.42× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.3B |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q4 25 | $79.7M | $177.8M | ||
| Q3 25 | $40.4M | $128.7M | ||
| Q2 25 | $-71.6M | $375.3M | ||
| Q1 25 | $56.7M | $652.7M | ||
| Q4 24 | $183.6M | $351.9M | ||
| Q3 24 | $-18.0M | $80.5M | ||
| Q2 24 | $-23.2M | — | ||
| Q1 24 | $-26.4M | — |
| Q4 25 | $79.6M | $168.5M | ||
| Q3 25 | — | $114.6M | ||
| Q2 25 | $-71.7M | $360.3M | ||
| Q1 25 | $56.7M | $638.3M | ||
| Q4 24 | $183.5M | $342.6M | ||
| Q3 24 | $-18.2M | $74.3M | ||
| Q2 24 | $-23.6M | — | ||
| Q1 24 | $-26.5M | — |
| Q4 25 | 105.5% | 10.6% | ||
| Q3 25 | — | 8.0% | ||
| Q2 25 | -1017.7% | 26.0% | ||
| Q1 25 | 445.2% | 47.0% | ||
| Q4 24 | 115.1% | 26.6% | ||
| Q3 24 | -110.0% | 6.3% | ||
| Q2 24 | -46.5% | — | ||
| Q1 24 | -284.1% | — |
| Q4 25 | 0.2% | 0.6% | ||
| Q3 25 | 0.0% | 1.0% | ||
| Q2 25 | 0.8% | 1.1% | ||
| Q1 25 | 0.3% | 1.1% | ||
| Q4 24 | 0.1% | 0.7% | ||
| Q3 24 | 1.4% | 0.5% | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 1.0% | — |
| Q4 25 | 3.42× | — | ||
| Q3 25 | 1.92× | — | ||
| Q2 25 | -21.58× | — | ||
| Q1 25 | 2.44× | — | ||
| Q4 24 | 3.95× | — | ||
| Q3 24 | -3.77× | — | ||
| Q2 24 | -1.58× | — | ||
| Q1 24 | -11.36× | — |
Financial Flow Comparison
Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.
Revenue Breakdown by Segment
FPH
Segment breakdown not available.
TEAM
| Cloud Deployment Services | $1.1B | 67% |
| Data Center Deployment | $435.6M | 27% |
| Marketplace And Services Deployment | $83.7M | 5% |