Atlassian Corp Reports $1,772 million in Latest Quarterly Results
Atlassian Corp reported quarterly results highlighted by Revenue of $1,772 million, up 24% year-over-year, according to its earnings release filed with an 8-K Thursday.
Cloud revenue of $1,302 million, up 31% year-over-year. Revenue: Total revenue was $1,772 million for the first quarter of fiscal year 2027, up 24% from $1,433 mil. Operating Income (Loss) and Operating Margin: Operating income was $189 million for the first quarter of fiscal year 2027, compared with operating loss of $96 million for the first quarter of fiscal year 2026. Operating margin was 11% for the first quarter of fiscal year 2027, compared with (7%) for the first quarter of fiscal year 2026.
Results detail
Further figures in the release included "Subscription ARR grew 23% year-over-year and Cloud revenue grew 31% year-over-year, carrying forward our strong momentum across our strategic priorities of Enterprise, AI, and the System of Work. Customers are increasingly bringing teams, agents, and workflows onto the Atlassian platform as the Teamwork Graph provides unmatched context, enabling organizations to leverage the full potential of AI at enterprise scale,” said James Chuong, Atlassian’s CFO. "We paired that growth with continued operational discipline, expanding GAAP operating margin to 11% while generating $463 million in free cash flow, reflecting our commitment to durable, profitable growth."; Revenue of $1,772 million; Cloud revenue of $1,302 million.
The filing is an Item 2.02 results announcement furnished with Exhibit 99.1. Comparisons use the year-earlier period as presented by Atlassian Corp unless the release specifies another baseline. Where both GAAP and non-GAAP metrics appear, both are summarized when the extract includes them.
Segment mix, cash flow and any outlook language in the release are the usual secondary reads after the headline revenue and earnings figures.
Why it matters
For retail investors, the Atlassian Corp print is a check on whether growth, margins and cash generation are moving together. The figures above come from the company’s Exhibit 99.1 earnings materials; how they stack up against the prior-year run rate and any guide published with the release will shape the near-term debate.
By the numbers
- Revenue of $1,772 million, up 24% year-over-year
- Cloud revenue of $1,302 million, up 31% year-over-year
- Revenue: Total revenue was $1,772 million for the first quarter of fiscal year 2027, up 24% from $1,433 mil
- Operating Income (Loss) and Operating Margin: Operating income was $189 million for the first quarter of fiscal year 2027, compared with operating loss of $96 million for the first quarter of fiscal year 2026. Operating margin was 11% for the first quarter of fiscal year 2027, compared with (7%) for the first quarter of fiscal year 2026.
- "Subscription ARR grew 23% year-over-year and Cloud revenue grew 31% year-over-year, carrying forward our strong momentum across our strategic priorities of Enterprise, AI, and the System of Work. Customers are increasingly bringing teams, agents, and workflows onto the Atlassian platform as the Teamwork Graph provides unmatched context, enabling organizations to leverage the full potential of AI at enterprise scale,” said James Chuong, Atlassian’s CFO. "We paired that growth with continued operational discipline, expanding GAAP operating margin to 11% while generating $463 million in free cash flow, reflecting our commitment to durable, profitable growth."
- Revenue of $1,772 million
Sources
- Atlassian Corp Form 8-K with quarterly financial results, filed Nov. 5, 2026 (accession 0001650372-26-000049)
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