Atlassian swings to Q1 FY27 net income of $90.72 million; revenue rises 24% year-over-year to $1.77 billion

• Atlassian swung to net income of $91 million in Q1 FY27, while revenue rose 24% year-over-year to $1.77 billion.
• Cloud revenue climbed 31% year-over-year to $1.3 billion, while remaining performance obligations increased 44% to $4.75 billion.
• An expanded OpenAI partnership pairs its models with the Teamwork Graph to connect ChatGPT and Codex with enterprise work context.
• Q2 FY27 revenue is expected between $1.83 billion and $1.84 billion, with cloud revenue growth of approximately 27% year-over-year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Atlassian Corporation published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.