How did MongoDB perform on revenue and growth in the first quarter of fiscal 2026?

Total revenue was $549.0 million, up 22% year-over-year. Subscription revenue was $531.5 million, up 22%, and services revenue was $17.5 million, up 28%. Atlas revenue grew 26% and made up 72% of total first-quarter revenue.

Is MongoDB profitable?

On a GAAP basis, the company reported a net loss of $37.6 million, or $0.46 per share, compared with a net loss of $80.6 million, or $1.10 per share, a year earlier. On a non-GAAP basis, net income was $86.3 million, or $1.00 per fully diluted share, versus a non-GAAP net loss of $42.7 million, or $0.51 per share, in the prior-year period. GAAP loss from operations was $53.6 million, compared with $98.2 million a year earlier.

What is the company's cash position and cash generation?

As of April 30, 2025, MongoDB had $2.5 billion in cash, cash equivalents, short-term investments and restricted cash. Cash from operations was $109.9 million for the quarter, compared with $63.6 million a year earlier, and free cash flow was $105.9 million versus $61.0 million.

What is the outlook for the second quarter and full fiscal 2026?

For the second quarter of fiscal 2026, MongoDB expects revenue of $548.0 million to $553.0 million and non-GAAP income from operations of $55.0 million to $59.0 million, with non-GAAP net income per share of $0.62 to $0.66. For full fiscal 2026, guidance is revenue of $2.250 billion to $2.290 billion, non-GAAP income from operations of $267.0 million to $287.0 million, and non-GAAP net income per share of $2.94 to $3.12.

What capital return actions and leadership changes were announced?

The board increased the share repurchase authorization by up to $800 million, bringing the total authorization to $1 billion including the $200 million announced in the prior quarter. Mike Berry was appointed Chief Financial Officer; the filing describes him as a 7-time CFO with over 30 years of experience in technology and software.

MDB 8-K: Earnings & Results

01—Abstract

Summary

Summary of the 8-K filed June 4, 2025. Cited figures are marked; the original filing is the authoritative source.

MongoDB, Inc. reported first quarter fiscal 2026 results for the three months ended April 30, 2025, furnishing its press release as Exhibit 99.1 under Item 2.02.

Total revenue was $549.0 million^a, up 22% year-over-year, with subscription revenue of $531.5 million (up 22%) and services revenue of $17.5 million (up 28%). Atlas revenue grew 26% year-over-year and represented 72% of total first-quarter revenue. GAAP gross margin was 71% versus 73% a year earlier, and GAAP loss from operations narrowed to $53.6 million from $98.2 million.

Non-GAAP income from operations was $87.4 million^b, compared with $32.8 million, and free cash flow was $105.9 million versus $61.0 million. The company had $2.5 billion in cash, cash equivalents, short-term investments and restricted cash as of April 30, 2025. The company added 2,600 customers in the quarter, bringing total customers to over 57,100 as of April 30, 2025.

Management also announced an additional $800 million^c share repurchase authorization, which together with the previously announced $200 million brings the total buyback authorization to $1 billion. Mike Berry was appointed Chief Financial Officer. For the second quarter of fiscal 2026, MongoDB guided to revenue of $548.0 million to $553.0 million and non-GAAP income from operations of $55.0 million to $59.0 million.

For full fiscal 2026, guidance calls for revenue of $2.250 billion to $2.290 billion^d, non-GAAP income from operations of $267.0 million to $287.0 million, and non-GAAP net income per share of $2.94 to $3.12. The company noted that GAAP reconciliations for forward guidance are not available without unreasonable efforts due to variability in stock-based compensation tied to its stock price.

02—Key points

Key Highlights

Total revenue of $549.0 million, up 22% year-over-year; subscription revenue of $531.5 million, up 22%; services revenue of $17.5 million, up 28%.
Atlas revenue grew 26% year-over-year and accounted for 72% of total first-quarter revenue.
GAAP net loss narrowed to $37.6 million, or $0.46 per share, from $80.6 million, or $1.10 per share; non-GAAP net income was $86.3 million, or $1.00 per fully diluted share.
Non-GAAP income from operations rose to $87.4 million from $32.8 million; free cash flow was $105.9 million versus $61.0 million a year earlier.
Added 2,600 customers, bringing total customers to over 57,100 as of April 30, 2025; customers over $100K ARR rose to 2,506.
Share repurchase authorization increased by $800 million, bringing the total buyback authorization to $1 billion.
Full-year fiscal 2026 guidance: revenue of $2.250 billion to $2.290 billion and non-GAAP net income per share of $2.94 to $3.12; Mike Berry appointed Chief Financial Officer.

03—Questions

Frequently Asked Questions

How did MongoDB perform on revenue and growth in the first quarter of fiscal 2026?
Total revenue was $549.0 million, up 22% year-over-year. Subscription revenue was $531.5 million, up 22%, and services revenue was $17.5 million, up 28%. Atlas revenue grew 26% and made up 72% of total first-quarter revenue.
Is MongoDB profitable?
On a GAAP basis, the company reported a net loss of $37.6 million, or $0.46 per share, compared with a net loss of $80.6 million, or $1.10 per share, a year earlier. On a non-GAAP basis, net income was $86.3 million, or $1.00 per fully diluted share, versus a non-GAAP net loss of $42.7 million, or $0.51 per share, in the prior-year period. GAAP loss from operations was $53.6 million, compared with $98.2 million a year earlier.
What is the company's cash position and cash generation?
As of April 30, 2025, MongoDB had $2.5 billion in cash, cash equivalents, short-term investments and restricted cash. Cash from operations was $109.9 million for the quarter, compared with $63.6 million a year earlier, and free cash flow was $105.9 million versus $61.0 million.
What is the outlook for the second quarter and full fiscal 2026?
For the second quarter of fiscal 2026, MongoDB expects revenue of $548.0 million to $553.0 million and non-GAAP income from operations of $55.0 million to $59.0 million, with non-GAAP net income per share of $0.62 to $0.66. For full fiscal 2026, guidance is revenue of $2.250 billion to $2.290 billion, non-GAAP income from operations of $267.0 million to $287.0 million, and non-GAAP net income per share of $2.94 to $3.12.
What capital return actions and leadership changes were announced?
The board increased the share repurchase authorization by up to $800 million, bringing the total authorization to $1 billion including the $200 million announced in the prior quarter. Mike Berry was appointed Chief Financial Officer; the filing describes him as a 7-time CFO with over 30 years of experience in technology and software.

04—Continue

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