In Brief Atlassian has given enterprise software investors a useful counterargument to the idea that AI will simply eat SaaS companies alive. In its fourth-quarter and fiscal 2026 results, Atlassian said total revenue grew 28 percent year over year to $1.8 billion. Atlassian has given enterprise software investors a useful counterargument to the idea that AI will simply eat SaaS companies alive. In enterprise AI, context is the moat. It is that software companies with unique workflow data, customer trust and strong distribution can make AI additive rather than cannibalistic.