Q4 25 EPS
$0.98
BEAT +15.29%
Est. $0.85
Q4 25 Revenue
$1.38B
BEAT +0.95%
Est. $1.37B
vs S&P Since Q4 25
-61.3%
TRAILING MARKET
TEAM -48.2% vs S&P +13.1%
Full Year 2025 Results
FY 25 EPS
$3.68
BEAT +3.37%
Est. $3.56
FY 25 Revenue
$5.22B
BEAT +0.25%
Est. $5.20B
Market Reaction
Did TEAM Beat Earnings? Q4 2025 Results
Atlassian closed its fiscal fourth quarter with a decisive beat on both lines, capping a year in which the collaboration software maker demonstrated that enterprise AI adoption is translating into real financial momentum. The company posted earnings … Read more Atlassian closed its fiscal fourth quarter with a decisive beat on both lines, capping a year in which the collaboration software maker demonstrated that enterprise AI adoption is translating into real financial momentum. The company posted earnings per share of $0.98, clearing the $0.85 consensus estimate by 15.29%, while revenue of $1.38 billion edged ahead of the $1.37 billion Wall Street expected, representing 22.3% year-over-year growth. The standout driver was surging enterprise demand, with deals exceeding $1.00 million in annual contract value more than doubling year-over-year and AI monthly active users climbing to 2.3 million, up over 50% from the prior quarter alone. Premium and Enterprise ARR grew over 40% year-over-year, reflecting how AI capabilities embedded in higher-tier plans are lifting both attach rates and expansion revenue; cloud net revenue retention held at approximately 120%, reinforcing that dynamic. Some analysts had flagged elongated enterprise deal cycles as a concern heading into the print, making the record large-deal activity particularly notable. Looking ahead, Atlassian guided Q1 FY26 revenue of approximately $1.40 billion and set full-year FY26 expectations for roughly 18% revenue growth and a 24% non-GAAP operating margin.
Key Takeaways
- • Cloud revenue growth of 26% driven by paid seat expansion, higher ARPU, cross-sell, and Data Center to Cloud migrations
- • Record number of deals greater than $1 million in ACV, up over 2x year-over-year
- • 2.3 million AI monthly active users, up over 50% from prior quarter
- • Cloud net revenue retention of approximately 120%
- • Premium and Enterprise ARR growth of over 40% year-over-year
- • Data Center to Cloud migrations up over 60% for the full year
- • Remaining performance obligation of $3.3 billion, up 38% year-over-year
- • 51,978 customers with greater than $10,000 in Cloud ARR, up 13% year-over-year
TEAM YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
TEAM Revenue by Segment
With YoY comparisons, source: SEC Filings
TEAM Revenue by Geography
Regional revenue distribution
“We closed out FY25 delivering over $5.2 billion of revenue, generating over $1.4 billion in free cash flow, and reaching 2.3 million AI monthly active users. AI is fundamentally changing the way we work, and creating significant tailwinds for Atlassian in the process. With our world-class cloud platform underpinned by the breadth and depth of our Teamwork Graph, and Rovo's AI capabilities at the center, we are uniquely positioned to help every team unleash enterprise knowledge at scale.”
— Mike Cannon-Brookes, Q4 2025 Earnings Press Release
TEAM Earnings Trends
TEAM vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
TEAM EPS Trend
Earnings per share: estimate vs actual
TEAM Revenue Trend
Quarterly revenue: estimate vs actual
TEAM Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q3 26 | — | $1.75 | — | $1.79B | +5.24% |
| Q2 26 BEAT | $1.14 | $1.22 | +6.62% | $1.59B | +2.74% |
| Q1 26 BEAT | $0.84 | $1.04 | +24.13% | $1.43B | +2.18% |
| Q4 25 BEAT FY | $0.85 | $0.98 | +15.29% | $1.38B | +0.95% |
| FY Full Year | $3.56 | $3.68 | +3.37% | $5.22B | +0.25% |
| Q3 25 BEAT | $0.93 | $0.97 | +4.85% | $1.36B | +0.28% |