Ten million times a month, people and AI agents are already collaborating on Atlassian’s platform — a figure that has doubled in six months, the company said in a Thursday shareholder letter posted with its first-quarter fiscal 2027 results.
That cadence sat beside a familiar SaaS beat: total revenue of $1.772 billion, up 24% from a year earlier, and cloud revenue of $1.302 billion, up 31%. Subscription annual recurring revenue reached $6.812 billion, up 23%. Remaining performance obligations rose 44% to $4.746 billion. GAAP operating margin was 11%, and free cash flow was $463 million.
“Enterprise AI has hit an inflection point,” Mike Cannon-Brookes, Atlassian’s chief executive and co-founder, said in the release. “Model power is table stakes. The advantage goes to platforms that bring people and AI agents together with shared context, deep collaboration, and confidence in the outcome.”
Rovo, AMP, and the Teamwork Graph
In that letter, Atlassian said Rovo agentic automations are up 9x year over year as customers move past one-off AI queries into automated workflows. Users of Rovo Agents have grown 2x in the past six months, and Rovo-assisted actions per user are up more than 3x since the start of the calendar year. More than 80% of highly regulated cloud customers have Rovo enabled, the letter said.
The company is also pitching the Agentic Multiplayer Protocol, or AMP, as a layer where agents show up as visible teammates inside Jira, Confluence, and Loom — with distinct identities, governed authority, and an audit trail — rather than living only in private chat windows. Coding agents such as Codex, Claude Code, and Cursor already create and update Jira work through Atlassian’s Model Context Protocol server, which the release put at more than 2 million monthly users and more than 15 million tool calls a day.
That MCP traffic is not a side channel. After adopting the server, users create 50% more work in Jira and 75% more in Confluence on average, Atlassian said, and 98% of MCP users are also active on the broader platform in the same month. Customers using the MCP server are growing ARR at roughly twice the rate of non-adopters, per the letter.
The context underneath is the Teamwork Graph, which Atlassian said now maps more than 250 billion objects and relationships, up from 150 billion six months earlier, and connects to more than 80 third-party tools. The company also said it expanded its OpenAI partnership so ChatGPT and Codex can tap that graph.
Collections and the year-ahead guide
Product packaging is carrying some of the AI story. More than 3,000 customers have upgraded to Teamwork Collection — a 7x increase from a year ago — and those accounts run twice as many agents as Jira-only customers, completing 35% more work items per Jira user. Service Collection passed 70,000 customers, with ARR growing north of 30% year over year.
For the full fiscal year, Atlassian targets subscription ARR growth of about 18.5%, total revenue growth of about 13.75%, and cloud revenue growth of about 26%. Second-quarter revenue is guided to $1.825 billion to $1.835 billion, with cloud growth of about 27%.
The AI-agent push continues product work WebProNews tracked earlier, including always-on agent loops in Jira that move backlog items toward pull requests. Thursday’s numbers put a scale claim behind that roadmap: agents are already in the monthly collaboration count, not only the keynote slide.
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