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MongoDB

MDB Q2 2026 Earnings

Reported Aug 26, 2025 at 4:08 PM ET · SEC Source

Q2 26 EPS

$1.00

BEAT +52.39%

Est. $0.66

Q2 26 Revenue

$591.4M

BEAT +6.83%

Est. $553.6M

vs S&P Since Q2 26

-17.2%

TRAILING MARKET

MDB -5.7% vs S&P +11.4%

Market Reaction

Did MDB Beat Earnings? Q2 2026 Results

MongoDB delivered a blowout second quarter of fiscal 2026, posting revenue of $591.40 million, up 23.7% year-over-year and well ahead of the $553.57 million consensus estimate, while non-GAAP EPS of $1.00 per diluted share beat expectations of $0.66 … Read more MongoDB delivered a blowout second quarter of fiscal 2026, posting revenue of $591.40 million, up 23.7% year-over-year and well ahead of the $553.57 million consensus estimate, while non-GAAP EPS of $1.00 per diluted share beat expectations of $0.66 by 52.39%, marking one of the company's strongest profitability performances in recent memory. The primary engine behind the outperformance was MongoDB Atlas, whose revenue surged 29% year-over-year to represent 74% of total quarterly revenue, confirming that enterprise customers are accelerating their migration to the company's cloud-native database platform. Non-GAAP operating margin expanded to 15% from 11% a year ago, while free cash flow flipped to a positive $69.88 million from negative $4.00 million in the prior-year period. Management added over 2,800 net new customers in the quarter, many building AI applications, and raised full-year FY2026 revenue guidance to a range of $2.34 billion to $2.36 billion. Investors can follow what comes next for MDB as the company looks to sustain its momentum.

Key Takeaways

  • • MongoDB Atlas revenue growth accelerated to 29% year-over-year
  • • Added 2,800 customers in Q2 and over 5,000 year-to-date, the highest first-half total ever
  • • Non-GAAP operating margin expanded to 15% from 11% year-over-year
  • • Free cash flow turned positive at $69.9 million vs. negative $4.0 million year-ago
  • • Customers over $100K ARR/MRR grew to 2,564 from 2,189 year-over-year
24/7 Wall St

MDB YoY Financials

Q2 2026 vs Q2 2025, source: SEC Filings

24/7 Wall St

MDB Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 26 Q4 26

“MongoDB delivered strong second quarter results across the board, highlighted by Atlas revenue growth accelerating to 29% and adding over 5,000 customers year-to-date, the highest ever in the first half of the year. We also delivered meaningful margin outperformance as we executed on our plan to drive profitable growth. Reflecting this strength, we are raising our guidance on the top and bottom line for the rest of the year”

— Dev Ittycheria, Q2 2026 Earnings Press Release

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