Atlassian Q1 FY2027 revenue rises 24% to $1,772 million; CAO Gene Liu to step down
Atlassian reported first-quarter fiscal 2027 revenue of $1,772 million, up 24% year over year, and GAAP net income of $91 million, or $0.35 per diluted share, compared with a net loss of $52 million a year earlier. The company also said Chief Accounting Officer Gene Liu will step down effective November 13, 2026, and that Eli Berkovitch will succeed him effective November 16, 2026.
Key points
- Total revenue of $1,772 million, up 24% from $1,433 million; cloud revenue of $1,302 million, up 31%
- GAAP operating income of $189 million (11% margin) versus an operating loss of $96 million a year earlier; non-GAAP operating margin of 32%
- Company expects second-quarter fiscal 2027 total revenue of $1,825 million to $1,835 million and fiscal 2027 total revenue growth of approximately 13.75%
- Gene Liu steps down as CAO effective November 13, 2026; Eli Berkovitch appointed CAO effective November 16, 2026, with a $475,000 base salary
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
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