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Side-by-side financial comparison of GRAPHIC PACKAGING HOLDING CO (GPK) and Atlassian Corp (TEAM). Click either name above to swap in a different company.

GRAPHIC PACKAGING HOLDING CO is the larger business by last-quarter revenue ($2.1B vs $1.6B, roughly 1.3× Atlassian Corp). GRAPHIC PACKAGING HOLDING CO runs the higher net margin — 3.4% vs -2.7%, a 6.1% gap on every dollar of revenue. On growth, Atlassian Corp posted the faster year-over-year revenue change (23.3% vs 0.2%).

Graphic Packaging International is a Fortune 500 corporation based in Atlanta, Georgia, United States. It designs and manufactures packaging solutions for commercial products. GPI manufactures paperboard and folding cartons for a wide range of popular consumer goods, particularly beverages and packaged food. The company operates paperboard mills in Kalamazoo, Michigan; Macon, Georgia; Middletown, Ohio; Prosperity, South Carolina; Texarkana, Texas; and West Monroe, Louisiana, that use recycled...

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.

GPK vs TEAM — Head-to-Head

Bigger by revenue
GPK
GPK
1.3× larger
GPK
$2.1B
$1.6B
TEAM
Growing faster (revenue YoY)
TEAM
TEAM
+23.1% gap
TEAM
23.3%
0.2%
GPK
Higher net margin
GPK
GPK
6.1% more per $
GPK
3.4%
-2.7%
TEAM

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
GPK
GPK
TEAM
TEAM
Revenue
$2.1B
$1.6B
Net Profit
$71.0M
$-42.6M
Gross Margin
14.1%
85.0%
Operating Margin
7.4%
-3.0%
Net Margin
3.4%
-2.7%
Revenue YoY
0.2%
23.3%
Net Profit YoY
-48.6%
-11.6%
EPS (diluted)
$0.24
$-0.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GPK
GPK
TEAM
TEAM
Q4 25
$2.1B
$1.6B
Q3 25
$2.2B
$1.4B
Q2 25
$2.2B
$1.4B
Q1 25
$2.1B
$1.4B
Q4 24
$2.1B
$1.3B
Q3 24
$2.2B
$1.2B
Q2 24
$2.2B
Q1 24
$2.3B
$1.2B
Net Profit
GPK
GPK
TEAM
TEAM
Q4 25
$71.0M
$-42.6M
Q3 25
$142.0M
$-51.9M
Q2 25
$104.0M
$-23.9M
Q1 25
$127.0M
$-70.8M
Q4 24
$138.0M
$-38.2M
Q3 24
$165.0M
$-123.8M
Q2 24
$190.0M
Q1 24
$165.0M
$12.8M
Gross Margin
GPK
GPK
TEAM
TEAM
Q4 25
14.1%
85.0%
Q3 25
19.6%
82.0%
Q2 25
18.7%
83.1%
Q1 25
20.6%
83.8%
Q4 24
21.4%
82.7%
Q3 24
22.3%
81.7%
Q2 24
21.2%
Q1 24
23.0%
82.1%
Operating Margin
GPK
GPK
TEAM
TEAM
Q4 25
7.4%
-3.0%
Q3 25
10.7%
-6.7%
Q2 25
8.8%
-2.1%
Q1 25
10.5%
-0.9%
Q4 24
11.4%
-4.5%
Q3 24
12.6%
-2.7%
Q2 24
14.5%
Q1 24
12.4%
1.5%
Net Margin
GPK
GPK
TEAM
TEAM
Q4 25
3.4%
-2.7%
Q3 25
6.5%
-3.6%
Q2 25
4.7%
-1.7%
Q1 25
6.0%
-5.2%
Q4 24
6.6%
-3.0%
Q3 24
7.5%
-10.4%
Q2 24
8.5%
Q1 24
7.3%
1.1%
EPS (diluted)
GPK
GPK
TEAM
TEAM
Q4 25
$0.24
$-0.16
Q3 25
$0.48
$-0.20
Q2 25
$0.34
$-0.08
Q1 25
$0.42
$-0.27
Q4 24
$0.46
$-0.15
Q3 24
$0.55
$-0.48
Q2 24
$0.62
Q1 24
$0.53
$0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GPK
GPK
TEAM
TEAM
Cash + ST InvestmentsLiquidity on hand
$261.0M
$1.6B
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$3.3B
$1.6B
Total Assets
$11.8B
$6.2B
Debt / EquityLower = less leverage
1.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPK
GPK
TEAM
TEAM
Q4 25
$261.0M
$1.6B
Q3 25
$120.0M
$2.8B
Q2 25
$120.0M
$2.9B
Q1 25
$129.0M
$3.0B
Q4 24
$157.0M
$2.5B
Q3 24
$126.0M
$2.2B
Q2 24
$125.0M
Q1 24
$136.0M
$2.1B
Total Debt
GPK
GPK
TEAM
TEAM
Q4 25
$5.0B
Q3 25
$5.5B
Q2 25
$5.4B
Q1 25
$5.7B
Q4 24
$5.1B
Q3 24
$5.4B
Q2 24
$4.9B
Q1 24
$4.9B
Stockholders' Equity
GPK
GPK
TEAM
TEAM
Q4 25
$3.3B
$1.6B
Q3 25
$3.3B
$1.4B
Q2 25
$3.2B
$1.3B
Q1 25
$3.2B
$1.4B
Q4 24
$3.0B
$1.2B
Q3 24
$3.0B
$1.0B
Q2 24
$2.8B
Q1 24
$2.9B
$1.1B
Total Assets
GPK
GPK
TEAM
TEAM
Q4 25
$11.8B
$6.2B
Q3 25
$11.9B
$5.7B
Q2 25
$11.8B
$6.0B
Q1 25
$11.5B
$5.9B
Q4 24
$11.1B
$5.4B
Q3 24
$11.2B
$5.0B
Q2 24
$10.8B
Q1 24
$11.3B
$5.1B
Debt / Equity
GPK
GPK
TEAM
TEAM
Q4 25
1.51×
Q3 25
1.67×
Q2 25
1.68×
Q1 25
1.80×
Q4 24
1.71×
Q3 24
1.79×
Q2 24
1.75×
Q1 24
1.73×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GPK
GPK
TEAM
TEAM
Operating Cash FlowLast quarter
$521.0M
$177.8M
Free Cash FlowOCF − Capex
$168.5M
FCF MarginFCF / Revenue
10.6%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
7.34×
TTM Free Cash FlowTrailing 4 quarters
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPK
GPK
TEAM
TEAM
Q4 25
$521.0M
$177.8M
Q3 25
$227.0M
$128.7M
Q2 25
$267.0M
$375.3M
Q1 25
$-174.0M
$652.7M
Q4 24
$489.0M
$351.9M
Q3 24
$187.0M
$80.5M
Q2 24
$161.0M
Q1 24
$3.0M
$565.4M
Free Cash Flow
GPK
GPK
TEAM
TEAM
Q4 25
$168.5M
Q3 25
$114.6M
Q2 25
$360.3M
Q1 25
$638.3M
Q4 24
$342.6M
Q3 24
$74.3M
Q2 24
Q1 24
$554.9M
FCF Margin
GPK
GPK
TEAM
TEAM
Q4 25
10.6%
Q3 25
8.0%
Q2 25
26.0%
Q1 25
47.0%
Q4 24
26.6%
Q3 24
6.3%
Q2 24
Q1 24
46.7%
Capex Intensity
GPK
GPK
TEAM
TEAM
Q4 25
0.6%
Q3 25
1.0%
Q2 25
1.1%
Q1 25
1.1%
Q4 24
0.7%
Q3 24
0.5%
Q2 24
Q1 24
0.9%
Cash Conversion
GPK
GPK
TEAM
TEAM
Q4 25
7.34×
Q3 25
1.60×
Q2 25
2.57×
Q1 25
-1.37×
Q4 24
3.54×
Q3 24
1.13×
Q2 24
0.85×
Q1 24
0.02×
44.34×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GPK
GPK

Americas Paperboard Packaging$1.4B68%
Other$667.0M32%

TEAM
TEAM

Cloud Deployment Services$1.1B67%
Data Center Deployment$435.6M27%
Marketplace And Services Deployment$83.7M5%

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