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Atlassian (MX:TEAM)
:TEAM
Mexico Market
EarningsQ4 2026 Earnings Report

Atlassian (TEAM) Q4 2026 Earnings Report

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MX:TEAM Q4 2026 EPS Results

Actual EPS$32.29
Consensus EPS$25.93
Beat/MissBeat by +$6.35
One Year Ago EPS$16.92

MX:TEAM Q4 2026 Revenue Results

Actual Revenue$30.50B
Expected Revenue$28.71B
Beat/MissBeat by +$1.79B
YoY Revenue Growth+27.60%

Earnings Announcement Details

QuarterQ4 2026
Date08/06/2026
TimeAfter Close
Conference CallThursday, August 6, 2026
MX:TEAM Upcoming Earnings
Atlassian's next earnings date is estimated for October 29, 2026, based on past reporting schedules.

Q4 2026 Earnings Call Audio

MX:TEAM 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

Q4 2026
Earnings Call Date:Aug 06, 2026|
% Change Since:
|
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
Atlassian set initial fiscal 2027 guidance calling for subscription ARR growth of 18% (down from FY26’s 23% subs ARR growth) while taking a prudent stance as they lap the DX acquisition (which added ~1 point to FY26 ARR) and weigh macro uncertainty; they guided a Q1 GAAP operating margin of 6.5% and a full‑year FY27 GAAP operating margin of 4.5%. For context, management closed FY26 with total revenue up 28% to $1.8B, cloud revenue $1.2B (+31% YoY), RPO up 44% to $4.8B, Q4 GAAP operating margin of 12%, and NRR north of 120%; they said DC‑to‑cloud migrations contributed mid‑to‑high single digits to cloud growth, Teamwork customers have 4–5x more paid seats per instance, $3M ARR customers grew ~50% YoY (164 customers), $5M+ ARR customers grew ~70% YoY (69 customers) on a $6.6B ARR base, Rovo is used by >80% of the Fortune 500 with Rovo‑assisted actions +50% QoQ and adopters growing ARR >2x non‑adopters, MCP/server users exceeded 1M with MCP calls up ~400% QoQ — all cited as drivers behind the company’s cautious but confident FY27 outlook.
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.

MX:TEAM Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Oct 29, 2026
2027 (Q1)
24.81 / -
17.956
2026 (Q4)
25.93 / 32.29
16.9290.82% (+15.37)
2026 (Q3)
23.03 / 30.21
16.74880.41% (+13.47)
2026 (Q2)
19.77 / 21.06
16.57527.08% (+4.49)
2026 (Q1)
14.49 / 17.96
13.29435.06% (+4.66)
2025 (Q4)
14.40 / 16.92
11.39548.48% (+5.52)
2025 (Q3)
15.59 / 16.75
15.3668.99% (+1.38)
2025 (Q2)
13.02 / 16.57
12.60431.51% (+3.97)
2025 (Q1)
11.02 / 13.29
-1.554955.56% (+14.85)
2024 (Q4)
10.03 / 11.40
9.84115.79% (+1.55)
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