Atlassian Corporation (TEAM) Earnings
Atlassian Corporation is expected to report next earnings on August 6, 2026 (in NaN days), with a consensus EPS estimate of $1.50. TEAM has beaten EPS estimates in 12 of its last 12 reported quarters (average surprise +20.5% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 30, 2026 | $1.33 | $1.75 | +31.6% | $1.8B | +5.4% |
| Feb 5, 2026 | $1.12 | $1.22 | +8.9% | $1.6B | -3.9% |
| Oct 30, 2025 | $0.84 | $1.04 | +24.0% | $1.4B | +2.2% |
| Aug 7, 2025 | $0.83 | $0.98 | +17.5% | $1.4B | +2.1% |
| May 1, 2025 | $0.90 | $0.97 | +7.4% | $1.4B | +0.3% |
| Jan 30, 2025 | $0.75 | $0.96 | +27.3% | $1.3B | +3.8% |
| Oct 31, 2024 | $0.64 | $0.77 | +20.7% | $1.2B | +2.8% |
| Aug 1, 2024 | $0.58 | $0.66 | +13.6% | $1.1B | +0.1% |
| Apr 25, 2024 | $0.62 | $0.89 | +43.5% | $1.2B | +8.3% |
| Feb 1, 2024 | $0.62 | $0.73 | +17.7% | $1.1B | +3.6% |
| Nov 2, 2023 | $0.53 | $0.65 | +22.6% | $978M | +1.2% |
| Aug 3, 2023 | $0.43 | $0.57 | +32.6% | $939M | +2.7% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q3 FY2026 · April 30, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• Delivered incredible Q3 results with total revenue, cloud revenue, and RPO growth. • Strong momentum in enterprise, AI, and System of Work. • Large enterprises deepened commitments to Atlassian. • Rovo added millions of monthly active users, with AI Rovo credit usage growing over 20% month over month. • Teamwork graph as a key differentiator, driving competitive displacements from a major ITSM provider. • Strong cross-sell and seed expansion in cloud, especially in Teamwork and Service Collections.
Guidance
• Migration to cloud on track, expected to contribute mid to high single digits on cloud growth. • Data center retention rates robust, with pull forward of upfront term license revenue in Q3 due to large expiry base and pricing catalyst. • Multi-year journey for large customers transitioning to cloud. • Will enhance disclosures next week at Team 26 to normalize data center revenue recognition timing.
Segment performance
Total revenue grew 32% year-over-year to $1.8 billion. Cloud revenue surpassed $1.1 billion and accelerated to 29% growth year-over-year. RPO grew again 37% year-over-year to $4 billion. Teamwork Collection customers are growing their ARR at roughly two times the rate of customers who are not using Rovo. The Service Collection passed a billion dollars in ARR, with strength across regions and non-IT use cases.
Risks & headwinds
• Forward-looking statements involve known and unknown risks, uncertainties, and assumptions. Further information on factors affecting business performance and financial results is in SEC filings, including Risk Factors.
Analyst Q&A
Q: About how the teamwork graph lowers cost of AI investments and data center performance for FY27?
A: Teamwork graph makes AI better, faster, cheaper by using less tokens. Data center migration on track, retention robust, with pull forward of revenue in Q3.
Q: Positioning Rovo against third-party agents?
A: Rovo is AI part of Atlassian platform, available on and off platform, with deep context graph.
Q: Drivers of seed growth in JIRA and durability?
A: Cross-sell in collections, strong expansion numbers, no seed compression, high R&D and context graph.
Q: Competitive displacements in ITSM?
A: Strong in service collection, across regions and non-IT use cases.
Q: Data collection changes and AI product capabilities?
A: Clarification of data use, AI enables powerful features.
Q: What's working best in service and teamwork collections?
A: Teamwork graph, user experience, HRSM, AI-driven connectivity.
Q: Pricing strategies and AI internal efficiencies?
A: Customer-led pricing, multiple usage-based meters; AI driving efficiencies, durable profitable growth.