Atlassian posts strong quarter as AI becomes central to the product story

Fourth-quarter revenue of US$1.8 billion, up 28%, and net profit of US$139 million compared with a US$24 million loss a year earlier. Atlassian expects fiscal-2027 revenue growth of about 13%. Co-chief executive Mike Cannon-Brookes also announced a personal US$250 million share purchase. Management’s connection between AI features and Jira/Confluence use was not independently quantified.

Impact: incumbents can distribute copilots and agents through existing work graphs, permissions and enterprise relationships. Buyers should separate licensed access, weekly active use, completed workflow outcomes and measurable productivity.