)
Atlassian (TEAM) investor relations material
Atlassian Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 FY27 revenue was $1.772B, up 24% YoY; Cloud revenue rose 31% to $1.302B and Subscription ARR increased 23% to $6.812B.
RPO increased 44% to $4.746B; GAAP operating margin reached 11%, versus (7%) a year earlier.
Growth priorities included enterprise, AI, and System of Work initiatives; Teamwork Collection customers increased 7x YoY.
Financial highlights
Revenue was $1.772B, versus $1.433B in Q1 FY26; subscription revenue was $1.698B and other revenue was $74.3M.
GAAP operating income was $188.8M and GAAP net income was $90.7M, versus losses of $96.3M and $51.9M, respectively, a year earlier.
GAAP diluted EPS was $0.35; non-GAAP diluted EPS was $1.65, versus $1.04 in Q1 FY26.
Non-GAAP operating income was $575.8M and non-GAAP net income was $423.5M, versus $322.7M and $275.7M, respectively.
Operating cash flow was $468.5M; free cash flow was $462.6M, with a 26% margin.
Outlook and guidance
Q2 FY27 revenue target is $1.825B–$1.835B; Cloud growth ~27%, Data Center revenue decline ~14%, and Marketplace and other growth ~20% YoY.
FY27 targets: Subscription ARR growth ~18.5%, total revenue growth ~13.75%, Cloud growth ~26%, Data Center decline ~16%, and Marketplace and other growth ~15%.
FY27 gross margin targets are 84.5% GAAP and 86.5% non-GAAP; operating margin targets are 5.0% GAAP and 25.5% non-GAAP.
Guidance balances business momentum with macro, fiscal policy, and geopolitical uncertainty; Q2 begins lapping the DX acquisition, while H2 faces tougher comparisons against H2 FY26 acceleration.
No meaningful FY27 revenue contribution from usage-based pricing is assumed; enforcement begins in early December. Enterprise sales capacity remains an investment priority, with annual and multi-year deals supporting predictability.
- Revenue grew 43%, but rising investment drove an IFRS operating loss.TEAM
Q4 2016 - Revenue grew 36% and free cash flow 92%, alongside a $42.5M IFRS net loss.TEAM
Q4 2017 - Revenue rose 41% and free cash flow reached $281.2M despite an IFRS net loss.TEAM
Q4 2018 - Revenue rose 37% as Cloud investment and non-cash debt revaluation shaped FY19 results.TEAM
Q4 2019 - Revenue grew 33%; cloud investment advanced as FY21 operating income and cash flow were expected to fall.TEAM
Q4 2020 - Revenue topped $2B, but note-related charges drove a larger IFRS loss and FY22 income was expected to fall.TEAM
Q4 2021 - Cloud subscriptions drove 34% FY22 growth, while IFRS losses persisted amid heavy investment.TEAM
Q4 2022 - Cloud-led growth lifted FY23 revenue 26%, while investment and restructuring drove a GAAP operating loss.TEAM
Q4 2023 - Three votes seek approval of directors, the auditor, and FY26 executive pay amid strong growth.TEAM
Proxy filing
Next Atlassian earnings date
Next Atlassian earnings date
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
)
Frequently asked questions
Project Management Tools
Atlassian Corporation is an Australian company that develops software products for developers, project managers, and production teams. The company's portfolio includes Jira, an issue-tracking and project management tool, and Confluence, a team collaboration and wiki product. Atlassian's products enable collaboration and improve workflow management in both software development and various business project environments. Atlassian has dual global headquarters in both Sydney, Australia, and San Francisco, California. Its shares are traded on the Nasdaq.
Initial Funding on Credit
Atlassian was founded in 2002 by Mike Cannon-Brookes and Scott Farquhar in Sydney, Australia. Starting with an initial investment of $10,000 on credit cards, the company aimed to create affordable software for the burgeoning number of software developers. Atlassian's first product, Jira, was released in 2002 as an issue-tracking tool for software teams and the company’s second product, Confluence, followed in 2004. The company rapidly saw adoption of its products across the industry, and growth was both organic and fueled by larger acquisitions of other companies in the industry.
The Core Products
Atlassian anchors its suite of products with Jira and Confluence, two robust tools aimed at improving team productivity and project transparency. Jira, the cornerstone of Atlassian's offerings, provides teams with a powerful project management platform. It enables issue tracking, allowing users to report and monitor bugs, tasks, and feature requests, making it a valuable tool for software development teams and project managers. Jira's customizable workflows enable teams to move projects forward from conception to launch in a way that suits the team. Complementing Jira, Confluence acts as a collaborative content creation and management space. It provides an intuitive workspace where teams can create, share, and organize documentation, meeting notes, and project plans. Besides these two aforementioned products, the company also provides the services Bitbucket and Trello.
A Subscription-Based Model
Atlassian operates a subscription-based business model, offering a tiered pricing strategy that caters to everything from small startups to large enterprises. The company provides free, limited versions of its core products, with the option to upgrade to a paid version with additional features. Revenue is generated through monthly or annual subscriptions, with additional services and add-ons available for purchase.
)