Atlassian Corporation reported strong fourth‑quarter and fiscal 2026 results. Q4 revenue was $1,766 million, up 28% year over year, with Cloud revenue of $1,213 million, up 31%. Subscription ARR reached $6,606 million and remaining performance obligations were $4,817 million, up 23% and 44% respectively.
Q4 GAAP operating margin was 12% and non‑GAAP operating margin 36%. For fiscal 2026, revenue was $6,572 million, up 26%; GAAP operating income was $10 million with a 0.2% margin, while non‑GAAP operating income was $1,996 million with a 30% margin and non‑GAAP net income was $1,526 million. Fiscal‑year free cash flow was $1,319 million, a 20% margin. The company repurchased $1.8 billion of stock in 2026, reducing share count by about 4%.
For fiscal 2027, Atlassian targets Subscription ARR growth of about 18%, total revenue growth of about 13%, Cloud revenue growth of about 25.5%, and non‑GAAP operating margin of about 25%. CEO Mike Cannon‑Brookes plans a Rule 10b5‑1 trading plan for open‑market purchases of up to $250 million of Class A shares, and Ken Exner has been appointed Chief Product Officer, Enterprise and Emerging.
BlackRock, Inc. reports beneficial ownership of Atlassian Corp Class A stock. It holds 11,611,358 shares, representing 7.3% of the Class A shares outstanding. All of these shares are reported as beneficially owned by certain BlackRock business units.
BlackRock has sole voting power over 10,475,891 shares and sole dispositive power over the full 11,611,358 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends and sale proceeds, but no individual client holds more than five percent of Atlassian’s total outstanding common shares.
Baillie Gifford & Co, an investment adviser based in Scotland, filed an amended Schedule 13G reporting its beneficial ownership of Atlassian Corp Class A Common Stock. As of June 30, 2026, it beneficially owned 3,658,205 shares, representing 2.29% of the class.
The firm reported sole voting power over 3,170,316 shares and sole dispositive power over all 3,658,205 shares, with no shared voting or dispositive power. The filing confirms that Baillie Gifford now holds 5 percent or less of Atlassian’s Class A Common Stock.
Atlassian Corp Chief Revenue Officer Brian Duffy reported open-market sales of 6,245 shares of Class A Common Stock over three days. He sold 1,813 shares at $92.79 on June 10, 1,432 shares at $88.79 on June 11, and 3,000 shares at $89.71 on June 12. These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 6, 2026. Following the last sale, he directly holds 227,691 shares of Atlassian Class A Common Stock.
Atlassian Corp Chief Revenue Officer Brian Duffy reported open-market sales of Atlassian Class A Common Stock. He sold 1,451 shares on June 8, 2026 at $98.03 per share and 1,454 shares on June 9, 2026 at $95.35 per share, totaling 2,905 shares sold. After these transactions, he directly holds 233,936 shares. The filing notes that the transactions were effected under a pre-arranged Rule 10b5-1 trading plan adopted on March 6, 2026, indicating they were scheduled in advance rather than timed discretionarily.
Company TEAM filed a Form 144 reporting proposed and recent dispositions of common stock and restricted stock units. The filing lists 9,150 restricted stock units with an original grant date of 05/18/2025 as securities to be sold by the reporting party. The filing also shows two dispositions by Brian Duffy: 7,017 shares sold on 05/14/2026 for $567,107.90 and 1,986 shares sold on 05/19/2026 for $174,263.36. This notice is a routine Section 144 sale filing and does not itself alter company financials.
Atlassian Corp Chief Financial Officer James Chuong reported routine share sales tied to tax withholding obligations. On May 19, 2026, he sold a total of 8,838 shares of Atlassian Class A Common Stock in nine open-market transactions at prices around $86–$94 per share.
According to the footnotes, these sales were executed solely to cover tax withholding arising from the vesting and settlement of restricted stock units through a "sell to cover" arrangement and are described as non-discretionary. The filing indicates that Chuong continues to hold a significant direct equity position after these transactions.
Atlassian Corp Chief Accounting Officer Gene Liu reported small insider sales of Class A Common Stock that were automatically executed to cover taxes on vesting restricted stock units (RSUs).
The Form 4 shows an aggregate sale of 67 shares on May 19, 2026 across multiple open‑market transactions. After these sales, Liu directly holds 59,548 Class A shares, while an additional 120 shares are held indirectly by a spouse.
The footnotes state the transactions were "sell to cover" trades for tax withholding obligations and "do not represent a discretionary transaction" by the officer, indicating they were tied to equity compensation rather than an active decision to reduce ownership.
Atlassian Corp’s Chief Revenue Officer Brian Duffy reported routine tax-related share sales. On May 19, he sold a total of 1,986 shares of Class A Common Stock in multiple open-market transactions at prices around $86.59 to $94.16. A footnote explains these trades were "sell to cover" transactions to satisfy tax withholding tied to the vesting and settlement of RSUs, rather than discretionary selling. After these sales, Duffy directly holds 236,841 Class A shares.