Companies /Technology
Atlassian Corporation - Class A
NASDAQ: TEAM Software - Application
$221.82
▲ $2.41 (+1.10%) today
Markets open · 11:05am ET

Atlassian (TEAM) Q4 2026 Earnings

Reported Aug 6, 2026, 4:10pm ET · SEC source
$1.87
Beat +0.00%
EPS · est. $1.50 Adjusted
$1.8B
Beat +6.25%
Revenue · est. $1.7B
+20.6%
Beating market
TEAM vs S&P since report
6 quarters
Consecutive EPS beats

How Did TEAM Stock React to Q4 2026 Earnings?

% change · around the report
−20%−10%0+10%Aug 6Aug 7report 4:10pm ETearnings+0.6%+8.3%
−20%−10%0+10%Aug 6Aug 7earnings+0.6%+8.3%
TEAM +8.3%S&P 500 +0.6%
−20%−10%0+10%Aug 6Aug 7report 4:10pm ETearnings+1.1%+8.3%
−20%−10%0+10%Aug 6Aug 7earnings+1.1%+8.3%
TEAM +8.3%NASDAQ +1.1%
−20%0Aug 5Aug 14report 4:10pm ETearnings+1.0%+11.5%
−20%0Aug 5Aug 14earnings+1.0%+11.5%
TEAM +11.5%S&P 500 +1.0%
−20%0Aug 5Aug 14report 4:10pm ETearnings+2.3%+11.5%
−20%0Aug 5Aug 14earnings+2.3%+11.5%
TEAM +11.5%NASDAQ +2.3%
+35.31%
Day of report
+1.88%
Next session
+8.82%
One week
+19.23%
30 days

S&P 500 over the same 30 days: −1.40%.

Did TEAM Beat Earnings? Q4 2026 Results

Yes. Atlassian reported Q4 2026 earnings of $1.87 a share on Aug 6, 2026, beating the $1.50 consensus estimate by 24.5%. Revenue was $1.8B against a $1.7B estimate.

Atlassian Corp delivered a strong finish to fiscal 2026, reporting Q4 revenue of $1.77 billion, up 27.6% year-over-year, while adjusted non-GAAP EPS of $1.87 marked the company's fifth consecutive quarter of beating consensus estimates. The primary engine behind the quarter's momentum was Cloud revenue, which accelerated to 31% growth, complemented by a meaningful improvement in profitability as non-GAAP operating margin expanded to 36% from 24% a year earlier, reflecting infrastructure optimization and improved operating leverage following a restructuring earlier in the year. Atlassian's AI push also gained measurable traction, with Rovo now deployed across more than 80% of Fortune 500 companies and Rovo adopters growing ARR at twice the rate of non-adopters. Looking ahead, management guided full-year FY27 total revenue growth of approximately 13%, a deliberate deceleration as Data Center revenue is expected to decline roughly 17% while lapping pull-forward demand tied to a September 2025 end-of-life announcement, with Cloud growth of approximately 25.5% expected to carry the business forward until growth re-accelerates in FY28.

Key Takeaways
  • Cloud revenue growth accelerated to 31% y/y, fueled by strong seat expansion in core Jira and Confluence and cross-sell momentum with Service Collection and Teamwork Collection
  • Data Center revenue grew 21% y/y driven by greater upfront term license revenue recognition following DC EOL announcement and strong customer retention
  • Record quarter for $1M+, $3M+, and $5M+ ACV enterprise deals
  • Rovo adoption driving platform engagement with over 80% of Fortune 500 companies using Rovo
  • Operational discipline with GAAP operating margin improvement of 14 ppts y/y and non-GAAP operating margin improvement of 12 ppts y/y
  • Gross margin expansion driven by infrastructure optimization and customer support efficiency

“Q4 closes out a year that proves our long-term strategy is paying off. Total revenue grew 28% year-over-year to $1.8 billion, Cloud revenue growth accelerated to 31% year-over-year, and our MCP server and Teamwork Graph CLI surpassed one million monthly active users, more than doubling in a single quarter.”

Atlassian CEO, on the earnings call

What Is Atlassian's Outlook?

For Q1 FY27, Atlassian expects total revenue of $1,705-$1,715 million, Cloud revenue growth of approximately 28.5% y/y, Data Center revenue decline of approximately (4.0%) y/y, Marketplace and other revenue growth of approximately 12.5%, GAAP gross margin of approximately 85.0%, non-GAAP gross margin of approximately 87.0%, GAAP operating margin of approximately 6.5%, and non-GAAP operating margin of approximately 28.5%. For full-year FY27, the company expects Subscription ARR growth of approximately 18.0% y/y, total revenue growth of approximately 13.0% y/y, Cloud revenue growth of approximately 25.5%, Data Center revenue decline of approximately (17.0%), Marketplace and other revenue growth of approximately 12.0%, GAAP gross margin of approximately 84.5%, non-GAAP gross margin of approximately 86.5%, GAAP operating margin of approximately 4.5%, and non-GAAP operating margin of approximately 25.0%. Management expects total revenue growth to re-accelerate in FY28 as it laps Data Center end-of-life timing effects. The company expects net diluted share count to remain at a minimum relatively flat in FY27 versus FY26.

TEAM YoY Financials

Q4 2026 vs Q4 2025 · SEC filings Q4 2025 Q4 2026
$0$500.0M$1.0B$1.5B$1.4B$1.8BRevenue$1.1B$1.5BGross Profit$22.4M$210.7MOperating Income$17.8M$139.1MNet Income
$0$500.0M$1.0B$1.5BRevenueGross ProfitOperating IncomeNet Income
TEAM income statement, Q4 2026 versus Q4 2025
Metric Q4 2026 Q4 2025 Year over year
Revenue $1.8B $1.4B +27.6%
Gross Profit $1.5B $1.1B +32.9%
Operating Income $210.7M $22.4M +839.9%
Net Income $139.1M $17.8M +681.8%

TEAM Revenue by Segment

Subscription$1.7B+28.1%
Cloud$1.2B+31.0%
Data Center$461.9M+21.0%
Marketplace and other$91.1M+20.0%

TEAM Revenue by Geography

Americas
EMEA
Asia Pacific

When Does Atlassian Report Next?

Expected report date
After the close
Release timing

Figures from SEC filings and company reports. Not investment advice.