Earnings Report· 2026-09-01
MDB
Q2 · 2027After-MarketMongoDB, Inc.
@stockwhiz_ai
EARNING PER SHARE
Actual ($)
1.9
90.00% YoY
Expected
1.61
Beat
+18.01%
REVENUE
Actual ($)
771.80M
30.00% YoY
Expected
734.40M
Beat
+5.09%
Future Guidance
Q3 FY27 Outlook EPS Guidance
0.025vs 1.61 est
Below Est
-98.45%
FY27 Outlook EPS Guidance
0.65vs 6.13 est
Below Est
-89.40%
Q3 FY27 Outlook Revenue Guidance
758.50Mvs 734.40M est
Above Est
+3.28%
FY27 Outlook Revenue Guidance
3.01Bvs 2.96B est
Above Est
+1.69%
Earning Report
| Metric | Q2 FY27 | Q2 FY26 | YoY Change % |
|---|---|---|---|
| Revenue | $771.77M | $591.40M | +30.5% |
| └─Subscription | $747.15M | $572.36M | +30.5% |
| └─Services | $24.63M | $19.05M | +29.3% |
| └─Americas | $478.26M | $364.25M | +31.3% |
| └─EMEA | $210.30M | $160.96M | +30.7% |
| └─Asia Pacific | $83.21M | $66.20M | +25.7% |
| └─Atlas-related | $565.92M | $438.97M | +28.9% |
| └─MongoDB Enterprise Advanced and other | $181.23M | $133.38M | +35.9% |
| Net Income | $40.94M | $(47.048)M | - |
| Non-GAAP Net Income | $162.58M | $87.19M | +86.5% |
| GAAP Basic EPS | $0.51 | $(0.58) | - |
| GAAP Diluted EPS | $0.50 | $(0.58) | - |
| Non-GAAP EPS | $1.90 | $1.00 | +90.0% |
Financial Outlook / Guidance
| Metric | Q3 FY27 Outlook | FY27 Outlook |
|---|---|---|
| Revenue | $756M-$761M | $2.99B-$3.03B |
| GAAP Income (Loss) from Operations | $(14.5)M-$(10.5)M | $(28.0)M-$(8.0)M |
| Non-GAAP Income from Operations | $152.0M-$156.0M | $616.3M-$636.3M |
| GAAP EPS | $0.00-$0.05 | $0.53-$0.77 |
| Non-GAAP EPS | $1.57-$1.61 | $6.39-$6.58 |
Business Highlights
- ➤MongoDB Search and Vector Search became generally available in MongoDB Enterprise Advanced.
- ➤Launched Atlas Managed MCP Server at .local San Francisco Build Fest.
- ➤Managed MCP Server connects Claude Code, Codex, Grok Build, and Devin by Cognition to Atlas data.
- ➤Announced general availability of four AI-retrieval capabilities in MongoDB Atlas.
- ➤New Atlas capabilities include Automated Embeddings powered by Voyage AI and voyage-code-4.
- ➤Plans to upskill two million Indian builders by 2030 through expanded MongoDB for Academia.
- ➤MongoDB for Academia in India has trained more than 650,000 students since 2023.
- ➤Named a Leader in The Forrester Wave™: Multimodel Data Platforms, Q2 2026.
- ➤Repurchased $99.999M of common stock during the quarter.
Management Commentary
CJ Desai, President and Chief Executive Officer of MongoDB
“We delivered strong second quarter results, highlighted by 30% year-over-year revenue growth—the highest level of growth in several years—and continued strong profitability. This performance reflects the mission-critical role our platform plays for customers, with strength driven by core enterprise workloads and early momentum with AI use cases. That strength spans our run anywhere strategy across both Atlas and Enterprise Advanced, highlighting the power of our data platform. This gives us the confidence to raise our full year fiscal 2027 guidance.”
CJ Desai, President and Chief Executive Officer of MongoDB
“Looking ahead, we're emerging as the intelligent data platform for the AI era—launching powerful retrieval innovations, simplifying how developers connect coding agents to their operational data on MongoDB, and reinforcing our position as the only modern data platform that extends seamlessly from self-managed to any cloud for production applications. These investments sharpen our focus on mission-critical capabilities, giving us high confidence in our ability to drive durable growth.”
Mike Berry, Chief Financial Officer of MongoDB
“Our second quarter results reflect very strong and growing operating leverage in our business. We delivered a non-GAAP operating margin of 24%, up significantly from 15% a year ago, while free cash flow nearly doubled year-over-year to $137.6 million. We're also pleased to report our third consecutive quarter of GAAP EPS profitability, highlighting our disciplined approach to driving long-term shareholder value.”