NASDAQ$TEAM

Atlassian Corp PLC A · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

Atlassian reported Q2 2026 revenue of $1.59B with a GAAP loss of $0.16 per share and non-GAAP EPS of $0.96.

Second fiscal quarter revenue grew 23% year over year to $1.59 billion, driven primarily by existing customer expansion. GAAP diluted net loss was $0.16 per share while non-GAAP diluted EPS was $0.96. Cloud and Data Center momentum supported subscription growth as the company invests in AI-enabled collaboration products.

  • Revenue $1.59B (+23% YoY); >90% from existing customers.
  • GAAP diluted loss $0.16/sh; non-GAAP EPS $0.96.
  • Six-month revenue $3.02B (+22% YoY).
  • Continued R&D and go-to-market investment weighs on GAAP profitability.

Headline financials

Total Revenue

$1.59B

Previous: $1.29B+23.4%
EPS (adj)

$0.96

Previous: $0.96+0.0%
Remaining Performance Obligations

$3.81B

No prior period
AI Monthly Active Users

5.0M

No prior period
Capital Expenditures

-$9.29M

Previous: -$9.34M+0.5%
Net Income

-$42.6M

Previous: -$38.2M-11.6%
Operating Income

-$47.7M

Previous: -$57.5M+16.9%
Gross Profit

$1.35B

Previous: $1.06B+26.8%

Revenue & EPS history

Atlassian · Revenue · Quarterly

$1.59B

Q2 2026+23.4%vs Q2 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

The release discusses TEAM's outlook for upcoming periods, including capital allocation, operating priorities, and market risks.

Tailwinds

  • TEAM cites operational execution and demand trends supporting the outlook.
  • Balance sheet and capital actions aim to fund growth and shareholder returns.

Headwinds

  • GAAP profitability remained under pressure in Q2 2026.
  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

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 Q2 2026

Historical avgQ2 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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