Atlassian Corp Class A

TEAM: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Atlassian Earnings: AI Usage and Sunsetting Data Center Products Lead to Huge Quarter

Dan Romanoff

May 1, 2026

Atlassian reported third-quarter results that crushed guidance, with revenue up 32% year over year to $1.787 billion and non-GAAP operating margin of 31.7%, versus the high end of guidance at $1.697 billion and 27.5%, respectively.

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Atlassian Corp Class A

Atlassian Earnings: AI Usage and Sunsetting Data Center Products Lead to Huge Quarter

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