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Atlassian Announces Fourth Quarter and Fiscal Year 2026 Results

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  • Atlassian reported Q4 fiscal year 2026 total revenue of $1,766 million, a 28% year-over-year increase.
  • Quarterly cloud revenue reached $1,213 million, up 31% year-over-year.
  • Subscription ARR stood at $6,606 million, representing a 23% year-over-year growth.
  • Remaining performance obligations (RPO) increased 44% year-over-year to $4,817 million.
  • GAAP operating margin for Q4 was 12%, with GAAP operating income of $211 million and net income of $139 million.
  • Non-GAAP operating margin for Q4 was 36%, with non-GAAP operating income of $636 million and net income of $473 million.
  • Fiscal year 2026 total revenue was $6,572 million, up 26% year-over-year.
  • Fiscal year 2026 non-GAAP operating margin was 30%, with non-GAAP net income of $1,526 million.
  • The MCP server & Teamwork Graph CLI surpassed 1 million monthly active users.
  • Atlassian was named a Leader in the 2026 Gartner Magic Quadrant for Developer Productivity Insight Platforms, DevSecOps Platforms, & IT Service Management Platforms.
  • Ken Exner joined as Chief Product Officer, Enterprise and Emerging on August 4, 2026.
  • CEO Mike Cannon-Brookes announced a plan to purchase up to $250 million of Class A Common Stock.
  • Q1 fiscal year 2027 total revenue is expected to range between $1,705 million & $1,715 million.
  • Fiscal year 2027 total revenue growth is projected at approximately 13% year-over-year.
  • Cash & cash equivalents totaled $1,240 million at the end of Q4 fiscal year 2026.
  • Free cash flow for Q4 fiscal year 2026 was $475 million, with a margin of 27%.