Atlassian Corp Class A

TEAM: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Atlassian Earnings: Surprise! Still Not Dead and Still Reporting Strong Quarters

Dan Romanoff

Feb 6, 2026

Atlassian reported second-quarter results that once again easily topped guidance, with revenue up 23% year over year to $1.586 billion and non-GAAP operating margin of 27.1%, versus the high end of guidance at $1.539 billion and 24.5%, respectively.

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Atlassian Corp Class A

Atlassian Earnings: Surprise! Still Not Dead and Still Reporting Strong Quarters

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