EarningsQ4 2026 Earnings Report
IT:1TEAM Q4 2026 EPS Results
Actual EPS€1.67
Consensus EPS€1.34
Beat/MissBeat by +€0.33
One Year Ago EPS€0.87
IT:1TEAM Q4 2026 Revenue Results
Actual Revenue€1.58B
Expected Revenue€1.48B
Beat/MissBeat by +€92.61M
YoY Revenue Growth+27.60%
Earnings Announcement Details
QuarterQ4 2026
Date08/06/2026
TimeAfter Close
Conference CallThursday, August 6, 2026
IT:1TEAM Upcoming Earnings
Atlassian's next earnings date is estimated for November 5, 2026, based on past reporting schedules.
Q4 2026 Earnings Call Audio
IT:1TEAM Q4 2026 Earnings Call
0:00 / 0:00
Q4 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong, broad-based operational momentum: double-digit revenue and cloud growth, large-deal acceleration, significant AI adoption (Rovo) with measurable efficiency gains, robust RPO and NRR, and maintained Q4 GAAP profitability. Management set a more prudent full-year ARR guide (18%) and lowered near-term margin guidance relative to Q4 (FY27 GAAP ~4.5%) due to macro uncertainty and cautious planning, and consumption-based AI monetization is still nascent. Overall the positive growth, enterprise traction and AI-driven upside materially outweigh the conservative guidance and early-stage monetization risks.Company Guidance
Strong Total and Cloud Revenue Growth
Total revenue grew 28% year-over-year to $1.8 billion; cloud revenue accelerated 31% year-over-year to $1.2 billion, with a $49 million beat in cloud revenue in Q4.
Robust RPO, ARR and NRR Metrics
Remaining performance obligation (RPO) grew 44% year-over-year to $4.8 billion; subscription ARR growth printed at 23% year-over-year for the quarter; net revenue retention (NRR) remained north of 120%.
Profitability Maintained in Q4
Delivered a GAAP operating margin of 12% in the quarter while emphasizing a commitment to durable profitable growth.
Enterprise Momentum and Large-Deal Strength
Record quarter for enterprise deals at the $1M, $3M and $5M levels; $3M ARR cohort grew over 50% year-over-year and $5M+ ARR cohort grew over 70% year-over-year (164 customers at $3M+ and 69 at $5M+), highlighting accelerating large-account expansion.
Rapid AI Adoption and Rovo Traction
Rovo is used by over 80% of the Fortune 500; Rovo-assisted actions grew 50% quarter-over-quarter; customers using Rovo grow ARR at more than twice the rate of non-adopters.
Quantified AI Efficiency Gains from Teamwork Graph
Teamwork Graph (25 years of data, cited ~200 billion objects/connections) enables up to 44% more accurate answers and 48% fewer tokens consumed for grounded agents, improving cost and quality of AI outputs.
Collections and Cross-Sell Driving ARPU
Strong cross-sell and seat expansion fueled cloud outperformance; Teamwork Collection and Service Collection adoption accelerated ARPU uplift (Teamwork customers show 4–5x more paid seats per instance than standalone Jira/Confluence customers).
Platform and Developer/Agent Engagement
MCP server and CLI usage passed 1 million users; MCP calls rose 400% in the quarter, indicating increased engagement with platform-level automation and integrations.
IT:1TEAM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed