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MongoDB

MDB Q3 2026 Earnings

Reported Dec 1, 2025 at 4:06 PM ET · SEC Source

Q3 26 EPS

$1.32

BEAT +66.23%

Est. $0.79

Q3 26 Revenue

$628.3M

BEAT +5.88%

Est. $593.4M

vs S&P Since Q3 26

-39.9%

TRAILING MARKET

MDB -34.2% vs S&P +5.7%

Market Reaction

Did MDB Beat Earnings? Q3 2026 Results

MongoDB delivered a blowout third quarter of fiscal 2026, posting non-GAAP EPS of $1.32 against a consensus estimate of $0.79, a 66.23% beat, while revenue of $628.31 million came in 5.88% ahead of expectations and grew 18.7% year-over-year. The engi… Read more MongoDB delivered a blowout third quarter of fiscal 2026, posting non-GAAP EPS of $1.32 against a consensus estimate of $0.79, a 66.23% beat, while revenue of $628.31 million came in 5.88% ahead of expectations and grew 18.7% year-over-year. The engine behind the outperformance was Atlas, the company's fully managed cloud database platform, which expanded 30% year-over-year and now accounts for 75% of total revenue, an acceleration that signals deepening customer commitment to MongoDB's cloud-native architecture. The quarter also marked a leadership transition, with new CEO CJ Desai taking the helm after Dev Ittycheria's 11-year tenure, and Desai wasted little time pointing to a broadening customer base of over 62,500 as evidence of durable demand. Non-GAAP operating margin improved to 20%, while free cash flow surged to $140.12 million from $34.56 million a year earlier. Management raised full-year fiscal 2026 revenue guidance to $2.43–$2.44 billion, with Q4 revenue expected between $665.00 million and $670.00 million, reflecting sustained confidence in Atlas-driven growth momentum.

Key Takeaways

  • • Atlas revenue growth accelerated to 30% year-over-year, representing 75% of total revenue
  • • Existing customer expansion and strong net-new customer additions
  • • Non-GAAP operating margin expanded to 20% from 19% year-over-year
  • • Free cash flow surged to $140.1 million from $34.6 million year-over-year
24/7 Wall St

MDB YoY Financials

Q3 2026 vs Q3 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 third quarter results that exceeded the high-end of our guidance driven by continued strength in Atlas, which saw growth accelerate to 30% year-over-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.”

— CJ Desai, Q3 2026 Earnings Press Release

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