For the quarter ending June 30, Atlassian posted adjusted earnings of $1.87 per share, nearly double the 98 cents it reported a year earlier. Cloud growth had been losing steam throughout fiscal 2026, enough that the company guided toward just 23% growth as recently as February. Beyond the raw numbers, Atlassian pointed to growing AI tool adoption as a signal of where the business is heading. Looking ahead, Atlassian guided first-quarter revenue to between $1.705 billion and $1.715 billion, above the roughly $1.665 billion analysts had projected. For fiscal 2027, the company expects overall revenue growth near 13%, with cloud revenue growth projected at 25.5%.