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Side-by-side financial comparison of NEW JERSEY RESOURCES CORP (NJR) and Atlassian Corp (TEAM). Click either name above to swap in a different company.

Atlassian Corp is the larger business by last-quarter revenue ($1.8B vs $939.4M, roughly 1.9× NEW JERSEY RESOURCES CORP). NEW JERSEY RESOURCES CORP runs the higher net margin — 23.3% vs -5.5%, a 28.8% gap on every dollar of revenue. On growth, Atlassian Corp posted the faster year-over-year revenue change (31.7% vs -33.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% CAGR vs 22.6%).

New Jersey Resources is an energy services holding company based in Wall Township, New Jersey. It is a Fortune 1000 company, and a member of the Forbes Platinum 400. New Jersey Natural Gas is its principal subsidiary.

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.

NJR vs TEAM — Head-to-Head

Bigger by revenue
TEAM
TEAM
1.9× larger
TEAM
$1.8B
$939.4M
NJR
Growing faster (revenue YoY)
TEAM
TEAM
+64.7% gap
TEAM
31.7%
-33.0%
NJR
Higher net margin
NJR
NJR
28.8% more per $
NJR
23.3%
-5.5%
TEAM
Faster 2-yr revenue CAGR
NJR
NJR
Annualised
NJR
111.6%
22.6%
TEAM

Income Statement — Q2 FY2026 vs Q3 FY2026

Metric
NJR
NJR
TEAM
TEAM
Revenue
$939.4M
$1.8B
Net Profit
$218.9M
$-98.4M
Gross Margin
85.3%
Operating Margin
32.0%
11.6%
Net Margin
23.3%
-5.5%
Revenue YoY
-33.0%
31.7%
Net Profit YoY
7.2%
-39.0%
EPS (diluted)
$2.16
$-0.38

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
NJR
NJR
TEAM
TEAM
Q1 26
$939.4M
$1.8B
Q4 25
$440.9M
$1.6B
Q3 25
$188.3M
$1.4B
Q2 25
$234.8M
$1.4B
Q1 25
$569.2M
$1.4B
Q4 24
$359.0M
$1.3B
Q3 24
$265.7M
$1.2B
Q2 24
$209.9M
Net Profit
NJR
NJR
TEAM
TEAM
Q1 26
$218.9M
$-98.4M
Q4 25
$122.5M
$-42.6M
Q3 25
$15.1M
$-51.9M
Q2 25
$-15.1M
$-23.9M
Q1 25
$204.3M
$-70.8M
Q4 24
$131.3M
$-38.2M
Q3 24
$91.1M
$-123.8M
Q2 24
$-11.6M
Gross Margin
NJR
NJR
TEAM
TEAM
Q1 26
85.3%
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
Operating Margin
NJR
NJR
TEAM
TEAM
Q1 26
32.0%
11.6%
Q4 25
40.6%
-3.0%
Q3 25
21.5%
-6.7%
Q2 25
-0.5%
-2.1%
Q1 25
49.2%
-0.9%
Q4 24
52.8%
-4.5%
Q3 24
55.0%
-2.7%
Q2 24
2.8%
Net Margin
NJR
NJR
TEAM
TEAM
Q1 26
23.3%
-5.5%
Q4 25
27.8%
-2.7%
Q3 25
8.0%
-3.6%
Q2 25
-6.4%
-1.7%
Q1 25
35.9%
-5.2%
Q4 24
36.6%
-3.0%
Q3 24
34.3%
-10.4%
Q2 24
-5.5%
EPS (diluted)
NJR
NJR
TEAM
TEAM
Q1 26
$2.16
$-0.38
Q4 25
$1.21
$-0.16
Q3 25
$0.15
$-0.20
Q2 25
$-0.15
$-0.08
Q1 25
$2.02
$-0.27
Q4 24
$1.31
$-0.15
Q3 24
$0.91
$-0.48
Q2 24
$-0.12

Balance Sheet & Financial Strength

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

Metric
NJR
NJR
TEAM
TEAM
Cash + ST InvestmentsLiquidity on hand
$1.1B
Total DebtLower is stronger
$989.1M
Stockholders' EquityBook value
$879.0M
Total Assets
$5.7B
Debt / EquityLower = less leverage
1.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NJR
NJR
TEAM
TEAM
Q1 26
$1.1B
Q4 25
$2.4M
$1.6B
Q3 25
$591.0K
$2.8B
Q2 25
$931.0K
$2.9B
Q1 25
$83.7M
$3.0B
Q4 24
$1.9M
$2.5B
Q3 24
$1.0M
$2.2B
Q2 24
$22.4M
Total Debt
NJR
NJR
TEAM
TEAM
Q1 26
$989.1M
Q4 25
$3.3B
Q3 25
$3.3B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$2.9B
Q2 24
$2.8B
Stockholders' Equity
NJR
NJR
TEAM
TEAM
Q1 26
$879.0M
Q4 25
$2.5B
$1.6B
Q3 25
$2.4B
$1.4B
Q2 25
$2.4B
$1.3B
Q1 25
$2.5B
$1.4B
Q4 24
$2.3B
$1.2B
Q3 24
$2.2B
$1.0B
Q2 24
$2.1B
Total Assets
NJR
NJR
TEAM
TEAM
Q1 26
$5.7B
Q4 25
$7.9B
$6.2B
Q3 25
$7.6B
$5.7B
Q2 25
$7.3B
$6.0B
Q1 25
$7.3B
$5.9B
Q4 24
$7.2B
$5.4B
Q3 24
$7.0B
$5.0B
Q2 24
$6.8B
Debt / Equity
NJR
NJR
TEAM
TEAM
Q1 26
1.13×
Q4 25
1.32×
Q3 25
1.36×
Q2 25
1.25×
Q1 25
1.20×
Q4 24
1.29×
Q3 24
1.31×
Q2 24
1.30×

Cash Flow & Capital Efficiency

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

Metric
NJR
NJR
TEAM
TEAM
Operating Cash FlowLast quarter
$567.5M
Free Cash FlowOCF − Capex
$561.3M
FCF MarginFCF / Revenue
31.4%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NJR
NJR
TEAM
TEAM
Q1 26
$567.5M
Q4 25
$26.7M
$177.8M
Q3 25
$81.2M
$128.7M
Q2 25
$-28.9M
$375.3M
Q1 25
$423.0M
$652.7M
Q4 24
$-9.0M
$351.9M
Q3 24
$64.5M
$80.5M
Q2 24
$24.3M
Free Cash Flow
NJR
NJR
TEAM
TEAM
Q1 26
$561.3M
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
FCF Margin
NJR
NJR
TEAM
TEAM
Q1 26
31.4%
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
Capex Intensity
NJR
NJR
TEAM
TEAM
Q1 26
0.3%
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
Cash Conversion
NJR
NJR
TEAM
TEAM
Q1 26
Q4 25
0.22×
Q3 25
5.39×
Q2 25
Q1 25
2.07×
Q4 24
-0.07×
Q3 24
0.71×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

NJR
NJR

Utility$640.9M68%
Nonutility$298.5M32%

TEAM
TEAM

Cloud$1.1B63%
Data Center$560.7M31%
Marketplace and other (1)$93.8M5%

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