# Atlassian shares jumped more than 20% on Friday.

*business · news · 2026-05-01 · CNBC*

## Key points

- Atlassian's cloud revenue grew 29% year over year, surpassing analyst estimates by $50 million.
- Data center revenue reached $561 million, exceeding expectations by $46 million.
- The company raised full-year guidance for cloud and data center growth to 26.5% and 21.5%, respectively.
- Teamwork Collection product is driving growth as customers upgrade to obtain more AI credits.
- Despite strong growth, Atlassian's net loss widened to $98.39 million from $70.81 million last year.

**Companies:** Atlassian

[Read the full story on CNBC](https://www.cnbc.com/2026/05/01/atlassian-team-q3-stock-2026-earnings.html)

---

Canonical: https://newsio.io/n/249caa4d-5984-4666-864f-5c158815c5d9/atlassian-shares-jumped-more-than-20-on-friday-the-software-company-topped-wall
Summarized by Newsio from CNBC. https://newsio.io/how-it-works