MarketBeat·1d ago
What Atlassian (TEAM) Said on Its Q1 Earnings CallAtlassian NASDAQ: TEAM reported 24% revenue growth in the first quarter of fiscal 2027, as cloud sales and larger enterprise commitments helped drive gains across its business.
Atlassian's revenue growth reaccelerated to 31.7% in 2026Q3, with gross margins expanding to 85.0%, reflecting strong cloud adoption and pricing power.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth accelerated to 31.7% in 2026Q3 with gross margin near 85%, but operating margin remained negative at -3.1% due to R&D and SG&A expenses growing 61% faster than revenue over two years.
Atlassian has a strong free cash flow engine, supported by disciplined expense management, which underpins its financial stability.
The company targets a 20% CAGR through fiscal 2027, driven by its durable growth and strong customer expansion.
Atlassian's collaboration tools like Jira, Confluence, and Trello are widely adopted, supporting secular cloud adoption trends.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | $1.65+18.7% vs $1.39 | $1.8B+3.4% vs $1.7B |
Q3 2026 Aug 6, 2026 | $1.87+24.7% vs $1.50 | $1.8B+6.2% vs $1.7B |
Q2 2026 Apr 30, 2026 | $1.75+31.6% vs $1.33 | $1.8B+5.4% vs $1.7B |
Q1 2026 Feb 5, 2026 | $1.22+6.1% vs $1.15 | $1.6B+1.9% vs $1.6B |
Atlassian NASDAQ: TEAM reported 24% revenue growth in the first quarter of fiscal 2027, as cloud sales and larger enterprise commitments helped drive gains across its business.
Atlassian beat estimates and raised its yearly outlook, yet investors dumped the stock the moment the numbers landed.
Atlassian dropped over 15% post-earnings despite strong September quarter results, erasing year-to-date gains. I see the current volatility and sell-off as a buying opportunity, reiterating my "Buy" rating on TEAM. TEAM continues to deliver robust revenue growth and has launched multiple new AI-driven products, enhancing platform relevance.
Atlassian's Q1 fiscal 2027 results beat estimates as Cloud growth, AI collaboration tools and operating leverage drive earnings gains.
Benchmark TEAM against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Atlassian Corporation (TEAM)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $153.68 | $40.37B | 444.68 | 26.02% | 1.28% | 8% | — | |
| $101.97 | $105.42B | 73.60 | 20.88% | 9.36% | 11.49% | — | |
| $87.93 | $3.72B | 32.23 | 26.75% | 8.87% | 12.46% | — | |
| $192.90 | $50.53B | 38.59 | 13.1% | 12.32% | 16.78% | — | |
| $530.61 | $3.94T | 27.70 | 17.79% | 41.17% | 33.21% | 0.67% | |
| $213.65 | $174.98B | 18.15 | 9.58% | 21.99% | 20.15% | 0.78% |
Atlassian Corporation (TEAM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Atlassian Corporation (TEAM) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 6, 2026·SEC
Apr 30, 2026·SEC
Mar 11, 2026·SEC
Aug 14, 2026·SEC
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Atlassian Corporation (TEAM) stock FAQ — growth, dividends, profitability & financials explained
Atlassian Corporation (TEAM) reported $6.91B in revenue over the trailing twelve months. Revenue was $6.57B in fiscal year 2026. That is 4325% more than the $148.5M of fiscal year 2013.
Atlassian Corporation (TEAM) grew revenue by 26.6% over the trailing twelve months, compared with the twelve months before.
Yes. Atlassian Corporation (TEAM) earned $88.8M in net income over the trailing twelve months (a 1.3% net margin).
Atlassian Corporation (TEAM) had a return on equity (ROE) of 8.0% over the trailing twelve months. That is below the market's typical 10-15%.
Atlassian Corporation (TEAM) generated $1.67B in free cash flow over the trailing twelve months.
