Overview
- Atlassian guided second-quarter revenue to $1.535–$1.54 billion, above the $1.51 billion LSEG consensus, citing enterprise adoption of artificial intelligence.
- The company expects cloud revenue to grow about 22.5% in the upcoming quarter as customers expand use of its services.
- For the quarter ended Sept. 30, revenue came in at $1.37 billion versus $1.40 billion expected, while adjusted EPS was $1.04 compared with a forecast of $0.84.
- CFO Joe Binz will retire effective June 30, 2026, and the company has begun a search for his successor.
- Shares rose roughly 6%–7% after hours following the guidance, with management highlighting cross-selling efforts and AI tools such as the Rovo Dev coding agent.