Atlassian Corporation Plc Q3 2026 Earnings Recap

TEAM Q3 2026 May 2, 2026

Get alerts when TEAM reports next quarter

Atlassian delivered a Q3 performance that far surpassed investor expectations, with shares surging 26.1% post-earnings. The upside was driven by accelerating cloud revenue, robust enterprise momentum, and continued strength in AI adoption.

Earnings Per Share Beat

$1.75 vs $1.33 est.

+31.6% surprise

Revenue Beat

1786971000 vs 1695844000 est.

+5.4% surprise

Market Reaction

1-Day +0.0%

5-Day +3.93%

30-Day -3.89%

See TEAM alongside your other holdings

Add to your portfolio — free

Key Takeaways

Total revenue rose 32% year-over-year to $1.8 billion.
Cloud revenue accelerated to 29% year-over-year growth, topping $1.1 billion.
Remaining Performance Obligations (RPO) grew 37% to $4 billion, reflecting solid forward demand.
AI adoption continues to expand rapidly; usage of Rovo AI credits is growing over 20% month-over-month, and customers deploying Rovo are growing ARR at roughly twice the rate of non-Rovo customers.
Management acknowledged data center outperformance this quarter was boosted by some deal pull-forward, with an indication of possible moderation in that segment for FY '27.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit TEAM on AllInvestView.

Previous Q2 2026