Atlassian Q4 revenue beats estimates on cloud demand, RPO surges on enterprise AI adoption
TEAM•Market reaction and key figures
Shares of the company soared more than 28% in extended trading.
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q4 Revenue | Beat | $1.77 billion | $1.66 billion (27 analysts) |
| Q4 EPS | $0.55 | ||
| Q4 Net Income | $139.08 million | ||
| Q4 Gross Profit | $1.53 billion | ||
| Q4 Operating Expenses | $1.32 billion | ||
| Q4 Operating Income | $210.72 million | ||
| Q4 Pretax Profit | $196.93 million | ||
| Q4 Subscription Revenue | $1.68 billion |
Outlook and share repurchase plan
Atlassian expects first-quarter 2027 revenue between $1.705 billion and $1.715 billion.
The company sees fiscal 2027 total revenue growth of about 13% and expects fiscal 2027 cloud revenue growth of about 25.5%.
The CEO announced a plan to purchase up to $250 million in company shares.
Quarterly results beat on cloud demand
Atlassian's fiscal fourth-quarter revenue rose 28% year over year, beating analyst expectations.
Adjusted EPS for fiscal Q4 was $0.55; no consensus estimate was available for comparison.
The company said cloud revenue rose 31% year over year, with management citing accelerated adoption of AI-powered collaboration tools.
