Atlassian reported second quarter fiscal 2026 revenue of $1.586 billion, an increase of 23% year-over-year, with non-GAAP earnings per share of $1.22.

Key Highlights

  • The company's transition to the cloud continues to show momentum, with Cloud revenue growing 26% year-over-year to reach $1.07 billion, marking its first billion-dollar cloud quarter.
  • Future revenue visibility strengthened significantly as remaining performance obligations (RPO) accelerated to 44% year-over-year growth, totaling $3.81 billion.
  • Atlassian raised its full fiscal year 2026 revenue growth outlook to approximately 22%, citing strong enterprise execution and partner performance.