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Atlassian shares surge over 30% after strong earnings and AI‑driven growth
Atlassian reported fiscal‑2026 fourth‑quarter revenue of $1.77 billion, a 28 % year‑over‑year increase, with cloud revenue reaching $1.213 billion, up 31 %. The company posted a net profit of $139 million, reversing a $24 million loss from the same quarter a year earlier, and adjusted earnings per share were $1.87, beating the $1.50 consensus. After the results, Atlassian’s shares jumped between 30 % and 38 % in after‑hours trading on the Nasdaq. Co‑founder and CEO Mike Cannon‑Brookes announced a plan to buy up to $250 million of Atlassian stock, a move that helped drive the rally. The firm also named former AWS vice‑president Ken Exner as chief product officer, enterprise and emerging. Atlassian’s AI assistant Rovo is now used by more than 80 % of Fortune 500 companies, and its AI‑powered developer tools surpassed one million monthly active users, more than doubling in a single quarter. The company forecast continued revenue growth for the full fiscal year, with cloud revenue expected to rise around 25 % and total revenue to increase about 13 % year‑over‑year.
Entities
Amazon Web Services · Amazon Web Services (AWS) · Amazon advertising · Amazon.com Inc. · Amplitude Inc. · Andy Jassy · Apple Inc. · Atlassian Corp · Atlassian Corp. · Atlassian Corporation Plc · Confluence · Jira
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Amazon's net profit more than tripled in the latest quarter. www.emarketerz.fr
- [○ 1 SOURCE] Amazon joins Nvidia and Apple as the only companies with a $3 trillion market cap. www.emarketerz.fr
- [○ 1 SOURCE] Analyst changed view, now sees AWS as Amazon's primary profit engine.
- [○ 1 SOURCE] Amazon's logistics network includes warehouses, planes and vans that support third‑party sellers and same‑day delivery.
- [○ 1 SOURCE] Amazon's market capitalization reached $3 trillion. www.emarketerz.fr
- [○ 1 SOURCE] Amazon's advertising revenue exceeded $60 billion, growing about 20% year over year.
- [○ 1 SOURCE] AWS operating income margin resembles that of a software company.
- [○ 1 SOURCE] AWS generated mid‑double‑digit billions in operating income in 2025.
- [○ 1 SOURCE] Atlassian posted a net profit of $139 million in its fiscal 2026 fourth quarter. www.forbes.com.au
- [● 2 SOURCES] Mike Cannon‑Brookes' net worth increased to roughly $7 billion–$10 billion after the stock surge. www.smh.com.au · www.watoday.com.au
- [● 4 SOURCES] Atlassian's revenue grew 28 % year‑over‑year to $1.77 billion in the quarter. www.forbes.com.au · siliconangle.com · www.smh.com.au · www.watoday.com.au
- [● 5 SOURCES] Atlassian's AI assistant Rovo is used by more than 80 % of Fortune 500 companies. www.smh.com.au · siliconangle.com · www.watoday.com.au · www.forbes.com.au · 7news.com.au