NASDAQ$TEAM

Atlassian Corp PLC A · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Atlassian reported Q1 fiscal 2026 total revenues of $1.43B with a net loss of $51.9M and diluted EPS of $(0.20).

Total revenues increased 21% to $1.43 billion as cloud and subscription demand from existing customers drove growth. The company reported a net loss of $51.9 million, narrowing from $123.8 million a year ago, with diluted EPS of $(0.20) versus $(0.48). Management continues to invest in AI-powered collaboration products while scaling enterprise adoption.

  • Q1 total revenues $1.43B (+21% YoY).
  • Net loss $51.9M; diluted EPS $(0.20), improved YoY.
  • Over 90% of revenue from customers existing before June 2025.
  • Cloud migration and AI features support seat expansion.
  • Operating expenses remain elevated for R&D and go-to-market.

Headline financials

Total Revenue

$1.43B

Previous: $1.19B+20.6%
EPS (adj)

-$0.20

Previous: -$0.48+58.3%
Remaining Performance Obligations

$3.3B

No prior period
AI Monthly Active Users

3.5M

No prior period
Capital Expenditures

-$14.1M

Previous: -$6.15M-129.4%
Net Income

-$51.9M

Previous: -$124M+58.1%
Operating Income

-$96.3M

Previous: -$32M-201.3%
Gross Profit

$1.17B

Previous: $970M+21.1%

Revenue & EPS history

Atlassian · Revenue · Quarterly

$1.43B

Q1 2026+20.6%vs Q1 2025
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

Atlassian · $535M total across 1 segment · Q3 2023

  • Cloud
    $535M+33.9%

Forward guidance

Software and digital platforms emphasize ARR, cloud migration, and operating leverage.

Tailwinds

  • Subscription and usage growth.
  • AI and product innovation.
  • Margin expansion at scale.

Headwinds

  • Competition and pricing.
  • Macro IT spend.
  • Stock-based compensation and investment pace.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.4%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+5.6%

Avg return

30 days after

46%

19 / 41 earnings

Positive

+26.0%

Q1 2018

Best reaction

-28.2%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+5.5%+29.5%+56.9%
Q2 2026-3.7%-11.6%-15.0%
Q1 2026+9.5%+0.5%-6.9%
Q3 2025-9.2%-10.2%-9.4%
Q2 2025+14.9%+20.2%+6.5%
Q1 2025+17.8%+16.4%+38.4%
Q4 2024-18.6%-20.8%-6.2%
Q3 2024-9.8%-13.4%-15.1%
Q2 2024-13.0%-15.4%-16.2%
Q1 2024-0.5%+0.6%+9.7%
Q4 2023+17.2%+15.6%+20.5%
Q3 2023-6.5%-8.3%+26.7%
Q2 2023-0.6%+6.4%+4.2%
Q1 2023-28.2%-28.8%-18.2%
Q4 2022+19.3%+23.9%+3.2%
Q3 2022-7.7%-8.3%-24.2%
Q2 2022+8.9%+11.2%+4.1%
Q1 2022+11.0%+9.1%-5.2%
Q4 2021+20.8%+22.4%+33.2%
Q3 2021+0.7%-4.6%-1.1%
Q2 2021+6.4%+14.5%+9.4%
Q1 2021-8.3%-12.8%+7.2%
Q4 2020-5.6%-5.2%+2.8%
Q3 2020+1.2%+11.0%+21.3%
Q2 2020+11.7%+13.5%+11.0%
Q1 2020-6.0%-11.4%-1.2%
Q4 2019+7.9%+1.2%+4.2%
Q3 2019-9.8%-8.2%+14.3%
Q2 2019-3.9%-3.1%+11.2%
Q1 2019-16.1%-13.4%-9.2%
Q4 2018+10.1%+8.0%+28.4%
Q3 2018-6.2%-7.8%+2.1%
Q2 2018-3.3%-1.7%-3.0%
Q1 2018+26.0%+23.8%+31.5%
Q4 2017-4.4%-6.6%-10.8%
Q3 2017+5.1%+6.5%+8.4%
Q2 2017+3.1%+2.7%+9.9%
Q1 2017-5.5%-5.5%-4.7%
Q4 2016+7.3%+2.9%+1.0%
Q3 2016-6.2%
Q2 2016-15.1%
Q1 2016
Q4 2015
Q3 2015
Q2 2014
Q1 2014
Q4 2014

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