MongoDB Inc

Latest Results (11.11.2025):

In the second quarter of fiscal 2026, MongoDB Inc delivered solid financial performance marked by robust revenue growth and improved operational metrics. The company reported total revenue of $591.4 million—a 24% year-over-year increase—with strong contributions from its subscription and services segments, alongside continued expansion of its MongoDB Atlas platform. This quarter also featured notable customer growth and strategic advancements in AI and public sector solutions.

Revenue and Growth

MongoDB Inc’s total revenue reached $591.4 million, driven by subscription revenue of $572.4 million (up 23% YoY) and services revenue of $19.0 million (up 33% YoY). Highlights include a 29% year-over-year increase in MongoDB Atlas revenue, which now comprises 74% of the quarter’s total revenue, along with the addition of 2,800 new customers to a base exceeding 59,900.

Profitability and Margins

The company recorded a gross profit of $420.0 million, reflecting a 71% margin. Non-GAAP gross profit was $436.4 million (74% margin), a slight decrease compared to the previous year. Operating results showed improvement with a loss from operations of $65.3 million, down from a $71.4 million loss previously, and favorable progress in non-GAAP income from operations.

Net Income and Cash Flow

Despite a net loss of $47.0 million ($0.58 per share), MongoDB Inc demonstrated improved efficiency compared to the prior year’s net loss of $54.5 million ($0.74 per share). The non-GAAP net income for the quarter was $87.2 million ($1.00 per share). Additionally, the company generated $72.1 million of cash from operations and reported free cash flow of $69.9 million, signaling strengthened cash management and liquidity.

Business and Product Developments

Beyond the financial metrics, MongoDB Inc expanded its product innovations—launching new Voyage AI models and enhancing its AI partner ecosystem with developments including significant partnerships with companies like LangChain. These initiatives, alongside efforts in public sector support and commitment to security certifications, set the stage for continued growth in technology and market reach.