Atlassian shares surged more than 30% after fiscal fourth-quarter results showed cloud revenue accelerating, to 31% growth and the company swinging to a 12% GAAP operating margin, its first quarterly operating profit in more than two years.
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Accelerating cloud revenue and rapidly expanding AI integrations challenged fears that generative software could weaken Atlassian's products.
Atlassian (NASDAQ:TEAM) reported fourth-quarter fiscal 2026 revenue growth of 28% to $1.8 billion, as cloud revenue rose 31% year over year to $1.2 billion. The company said the quarter capped a fiscal year marked by enterprise deal expansion, increasing adoption of its AI offerings and a 12% GAAP o
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Atlassian (NASDAQ:TEAM) shares jumped more than 30% on Friday after the software maker posted fourth-quarter revenue and cloud growth that topped analyst estimates and issued a stronger-than-expected cloud revenue outlook for fiscal 2027. Revenue for the quarter came in at $1.8 billion, up...
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Yahoo Finance's Julie Hyman reports on Atlassian's (TEAM) 34% stock surge following strong fourth-quarter earnings and cloud growth, while analyzing broader software sector trends and ETF indicators on AlphaSpace.
TEAM tops Q4 earnings and revenue estimates as subscription, cloud and AI platform growth fuel enterprise momentum and support fiscal 2027 outlook.
Atlassian Stock Skyrockets After Upbeat Forecast Stuns Investors
Atlassian's cloud growth, record enterprise deals and rising Rovo adoption fuel momentum, while fiscal 2027 guidance reflects external uncertainty.
Atlassian (NASDAQ:TEAM) was indicated more than 30% higher in pre-market trading on Friday after delivering fiscal fourth-quarter results that comfortably exceeded Wall Street expectations, prompting investors to rethink concerns that artificial intelligence could undermine traditional enterprise software providers. The company reported quarterly revenue of $1.
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While the top- and bottom-line numbers for Atlassian (TEAM) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Collaboration software maker Atlassian beat Wall Street expectations for fourth-quarter revenue on Thursday, riding on strong demand for its enterprise software services and cloud-based products. Here are some details: • Shares of the company were up 35.2% in extended trading. Atlassian, whose software tools such as Jira Service Management and Rovo help clients manage teams, track work and analyze data, has benefitted from more companies incorporating machine learning and automating tasks.
Atlassian (TEAM) delivered earnings and revenue surprises of +26.35% and +6.52%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
The company posted adjusted earnings per share of $1.87, beating the analyst consensus of $1.50 by $0.37. Revenue reached $1.77 billion, surpassing the $1.66 billion estimate and representing a 28% increase YoY from $1.38 billion in the same quarter last year. Cloud revenue grew 31% YoY to $1.21 billion, while Data Center revenue came in at $461.9 million, above the $414.6 million estimate.
FEATURE Atlassian shares jumped 27% in after hours trading after the software maker reported better than expected fourth quarter results and optimistic guidance. The company reported earnings of $1.87 a share and revenue of $1.
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