Atlassian Corporation (NASDAQ: TEAM) updated pricing for existing Data Center subscriptions, with a 15% increase on list and lower tier pricing for Jira, Confluence, and Jira Service Management effective February 17, 2026. This price hike is lower than last year’s 25% increase, attributed to transitioning customers to Cloud services through the Ascend program.

Owing to positive customer response on TEAM’s Ascend program, migrations have contributed more than expected, leading to an increased FY26 Cloud revenue growth outlook. Analysts believe the smaller magnitude of this year’s Data Center price increase reflects positive traction among customers migrating to Cloud services.

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Read more at Yahoo Finance: BTIG Stays Bullish on Atlassian (TEAM) After Data Center Pricing Update