Atlassian Reports Wider Losses Amid Selloff

Atlassian reported $US1.6 billion in revenue for the quarter to Dec. 31, up 23% year-over-year, but posted a wider net loss of $US42.6 million, the company said on Feb. 6, 2026. Shares fell to a seven-year low amid a broader US software sector sell-off sparked by AI-agent concerns; CEO Mike Cannon-Brookes said thousands use Atlassian’s AI code-generation tools.