earnings
confidence high
sentiment positive
materiality 0.85
Atlassian Q2 revenue $1.59B (+23% YoY), cloud hits $1B for first time, RPO up 44%
Atlassian Corp
2026-Q2 EPS reported
-$0.36
revenue$3,018,868,000
- Cloud revenue $1,067M (+26% YoY) — first $1B cloud quarter; total revenue $1,586M.
- RPO $3,814M (+44% YoY); record $1M+ ACV deals, up ~2x YoY; cloud NRR 120%+.
- Non-GAAP operating margin 27% (+1pp); GAAP net loss $42.6M ($0.16 loss); non-GAAP EPS $1.22.
- Free cash flow $168.5M (11% margin); H2 share buybacks planned ~2-3x vs H1.
- Customer count >350K, Rovo >5M MAU; Data Center revenue +20% YoY on EOL impact.