Atlassian beats quarterly revenue estimates on strong cloud demand, shares rise

Published: 2026-04-30 16:38:54 ET TEAM

Published on 04/30/2026 at 04:38 pm EDT

April 30 (Reuters) - Collaboration software maker Atlassian beat Wall Street estimates for quarterly revenue on Thursday, helped by strong demand for its cloud-based products.

Shares of the company rose over 23% in extended trading.

Third-quarter revenue came in at $1.79 billion, beating analysts' average estimate of $1.69 billion, according to data compiled by LSEG.

(Reporting by Anhata Rooprai in Bengaluru; Editing by Jonathan Ananda)