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Compared to Estimates, Atlassian (TEAM) Q3 Earnings: A Look at Key Metrics
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Atlassian (TEAM - Free Report) reported $1.79 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 31.7%. EPS of $1.75 for the same period compares to $0.97 a year ago.
The reported revenue represents a surprise of +5.52% over the Zacks Consensus Estimate of $1.69 billion. With the consensus EPS estimate being $1.31, the EPS surprise was +33.97%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Atlassian performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Remaining Performance Obligations (RPO): $4 billion versus the two-analyst average estimate of $4.15 billion.
Customers: 350,000 versus the two-analyst average estimate of 320,593.
Revenues- Subscription: $1.7 billion compared to the $1.6 billion average estimate based on six analysts. The reported number represents a change of +33.5% year over year.
Revenues- Other: $88.09 million versus the six-analyst average estimate of $88.91 million. The reported number represents a year-over-year change of +5.1%.
Revenues- Cloud: $1.13 billion versus the six-analyst average estimate of $1.08 billion. The reported number represents a year-over-year change of +28.6%.
Revenues- Data Center: $560.73 million versus the six-analyst average estimate of $512.82 million. The reported number represents a year-over-year change of +44.3%.
Revenues- Marketplace and other: $93.8 million versus $92.3 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +6.9% change.
Shares of Atlassian have returned +1.6% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Atlassian (TEAM) Q3 Earnings: A Look at Key Metrics
Atlassian (TEAM - Free Report) reported $1.79 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 31.7%. EPS of $1.75 for the same period compares to $0.97 a year ago.
The reported revenue represents a surprise of +5.52% over the Zacks Consensus Estimate of $1.69 billion. With the consensus EPS estimate being $1.31, the EPS surprise was +33.97%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Atlassian performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Atlassian here>>>
Shares of Atlassian have returned +1.6% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.