How did MongoDB perform against the prior-year quarter?

Total revenue rose 24% year-over-year to $591.4 million. GAAP loss from operations improved to $65.3 million from $71.4 million, and non-GAAP income from operations increased to $86.8 million from $52.5 million.

What is the outlook for the rest of fiscal 2026?

For the third quarter, MongoDB guides to revenue of $587.0 million to $592.0 million and non-GAAP income from operations of $66.0 million to $70.0 million. For the full year, it guides to revenue of $2.34 billion to $2.36 billion, non-GAAP income from operations of $321.0 million to $331.0 million, and non-GAAP net income per share of $3.64 to $3.73. The company describes this as a raise to its top- and bottom-line guidance.

What drove the revenue growth?

Atlas revenue grew 29% year-over-year and made up 74% of total Q2 revenue. Management attributed recent customer additions in part to AI application development and highlighted AI-related product launches, including new Voyage AI models.

How strong is the company's cash position and cash generation?

MongoDB generated $72.1 million in operating cash flow and $69.9 million in free cash flow in the quarter. It held $2.3 billion in cash, cash equivalents, short-term investments and restricted cash at July 31, 2025, and repurchased $194.4 million of common stock during the quarter.

Are the results furnished or filed with the SEC?

The press release is furnished as Exhibit 99.1 under Item 2.02. The filing states that this information is not deemed 'filed' for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other SEC filings unless specifically stated.

MDB 8-K: Earnings & Results

01—Abstract

Summary

Summary of the 8-K filed August 26, 2025. Cited figures are marked; the original filing is the authoritative source.

MongoDB, Inc. (NASDAQ: MDB) furnished a press release under Item 2.02 of this Form 8-K announcing financial results for the second quarter of fiscal 2026, the three months ended July 31, 2025.

Total revenue was $591.4 million^a, up 24% year-over-year, with subscription revenue of $572.4 million (up 23%) and services revenue of $19.0 million (up 33%). Atlas revenue grew 29% year-over-year and represented 74% of total Q2 revenue. The company added 2,800 customers in the quarter, bringing total customers to over 59,900 as of July 31, 2025.

Profitability was mixed on a GAAP basis but stronger on a non-GAAP basis. GAAP loss from operations narrowed to $65.3 million^b from $71.4 million a year earlier, and GAAP net loss was $47.0 million, or $0.58 per share. Non-GAAP income from operations rose to $86.8 million from $52.5 million, and non-GAAP net income was $87.2 million, or $1.00 per fully diluted share.

Free cash flow was $69.9 million^c, compared with negative $4.0 million in the year-ago period, and cash, cash equivalents, short-term investments and restricted cash totaled $2.3 billion at quarter end. Management raised its guidance.

For the third quarter of fiscal 2026, MongoDB expects revenue of $587.0 million to $592.0 million^d, non-GAAP income from operations of $66.0 million to $70.0 million, and non-GAAP net income per share of $0.76 to $0.79. For full fiscal 2026, it expects revenue of $2.34 billion to $2.36 billion, non-GAAP income from operations of $321.0 million to $331.0 million, and non-GAAP net income per share of $3.64 to $3.73.

02—Key points

Key Highlights

Q2 fiscal 2026 total revenue of $591.4 million, up 24% year-over-year; subscription revenue up 23% to $572.4 million.
Atlas revenue up 29% year-over-year and 74% of total Q2 revenue; the CEO stated Atlas growth accelerated to 29%.
Added 2,800 customers in the quarter; total customers exceeded 59,900 as of July 31, 2025, with 2,564 customers over $100K.
GAAP net loss narrowed to $47.0 million ($0.58 per share) from $54.5 million ($0.74 per share) a year earlier; non-GAAP net income was $87.2 million ($1.00 per fully diluted share).
Free cash flow of $69.9 million versus negative $4.0 million a year earlier; operating cash flow was $72.1 million.
Full-year fiscal 2026 guidance raised to revenue of $2.34 billion to $2.36 billion and non-GAAP EPS of $3.64 to $3.73.
Cash, cash equivalents, short-term investments and restricted cash of $2.3 billion as of July 31, 2025, and $194.4 million in share repurchases during the quarter.

03—Questions

Frequently Asked Questions

How did MongoDB perform against the prior-year quarter?
Total revenue rose 24% year-over-year to $591.4 million. GAAP loss from operations improved to $65.3 million from $71.4 million, and non-GAAP income from operations increased to $86.8 million from $52.5 million.
What is the outlook for the rest of fiscal 2026?
For the third quarter, MongoDB guides to revenue of $587.0 million to $592.0 million and non-GAAP income from operations of $66.0 million to $70.0 million. For the full year, it guides to revenue of $2.34 billion to $2.36 billion, non-GAAP income from operations of $321.0 million to $331.0 million, and non-GAAP net income per share of $3.64 to $3.73. The company describes this as a raise to its top- and bottom-line guidance.
What drove the revenue growth?
Atlas revenue grew 29% year-over-year and made up 74% of total Q2 revenue. Management attributed recent customer additions in part to AI application development and highlighted AI-related product launches, including new Voyage AI models.
How strong is the company's cash position and cash generation?
MongoDB generated $72.1 million in operating cash flow and $69.9 million in free cash flow in the quarter. It held $2.3 billion in cash, cash equivalents, short-term investments and restricted cash at July 31, 2025, and repurchased $194.4 million of common stock during the quarter.
Are the results furnished or filed with the SEC?
The press release is furnished as Exhibit 99.1 under Item 2.02. The filing states that this information is not deemed 'filed' for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other SEC filings unless specifically stated.

04—Continue

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