Consensus EPS is expected to rise 33.6%, but even the most accurate estimate won’t add a single cent—the bar is already set high for Atlassian’s earnings.
$TEAM 11-05: Atlassian will report Q1 FY2027 results after the US market closes. The earnings call is at 17:00 ET (11-06 06:00 Beijing time). Consensus adjusted EPS is $1.39, up from $1.04 in the same quarter last year; revenue is expected to be about $1.71 billion.
Last quarter set a high bar: EPS of $1.87 beat expectations, and revenue was $1.77 billion, up 27.6% year over year. For FY2026, full-year revenue was $6.6 billion, up 26%, with cloud revenue of $4.4 billion, up 28%.
Zacks ESP is 0.00%, with a Hold rating; the Most Accurate estimate exactly matches consensus, suggesting no one is willing to bet ahead of time on a beat. One firm raised its revenue estimate to about $1.78 billion, roughly 4% above consensus—effectively raising the bar for a beat even further. The stock closed at $191.72 on 10-30, down about 6.1% for the day, caught up in the software selloff.
How to read it: A beat, with cloud growth and full-year guidance holding firm, could keep the story going. If results merely meet consensus and guidance softens, treat it as a routine delivery—don’t chase the first after-hours move. If revenue comes in near the low end of guidance and cloud growth slows, reassess the margin for error given today’s high expectations. On the call, listen for updates on cloud, adoption of Teamwork Collection, and full-year guidance.
Data as of: 2026-11-02 08:15 UTC
For informational purposes only; not investment advice.
$TEAM 11-05: Atlassian will report Q1 FY2027 results after the US market closes. The earnings call is at 17:00 ET (11-06 06:00 Beijing time). Consensus adjusted EPS is $1.39, up from $1.04 in the same quarter last year; revenue is expected to be about $1.71 billion.
Last quarter set a high bar: EPS of $1.87 beat expectations, and revenue was $1.77 billion, up 27.6% year over year. For FY2026, full-year revenue was $6.6 billion, up 26%, with cloud revenue of $4.4 billion, up 28%.
Zacks ESP is 0.00%, with a Hold rating; the Most Accurate estimate exactly matches consensus, suggesting no one is willing to bet ahead of time on a beat. One firm raised its revenue estimate to about $1.78 billion, roughly 4% above consensus—effectively raising the bar for a beat even further. The stock closed at $191.72 on 10-30, down about 6.1% for the day, caught up in the software selloff.
How to read it: A beat, with cloud growth and full-year guidance holding firm, could keep the story going. If results merely meet consensus and guidance softens, treat it as a routine delivery—don’t chase the first after-hours move. If revenue comes in near the low end of guidance and cloud growth slows, reassess the margin for error given today’s high expectations. On the call, listen for updates on cloud, adoption of Teamwork Collection, and full-year guidance.
Data as of: 2026-11-02 08:15 UTC
For informational purposes only; not investment advice.
