How did MongoDB perform in its third quarter of fiscal 2026?

Total revenue was $628.3 million, up 19% year-over-year. GAAP gross margin was 71% versus 74% a year earlier, while non-GAAP gross margin was 74% versus 77%. The GAAP loss from operations was $18.4 million, compared with $27.9 million in the prior-year period.

What is the new guidance for fiscal 2026?

For the fourth quarter, MongoDB expects revenue of $665.0 million to $670.0 million and non-GAAP income from operations of $139.0 million to $143.0 million. For the full year, it expects revenue of $2.434 billion to $2.439 billion, non-GAAP income from operations of $436.4 million to $440.4 million, and non-GAAP net income per share of $4.76 to $4.80.

What drove growth in the quarter?

Atlas revenue grew 30% year-over-year and accounted for 75% of total Q3 revenue. Management said existing customers are expanding and net-new customer additions remain strong, with 2,600 customers added in the quarter.

How strong is MongoDB's cash position and cash generation?

MongoDB had $2.3 billion in cash, cash equivalents, short-term investments and restricted cash as of October 31, 2025. Operating cash flow was $143.5 million in the quarter, and free cash flow was $140.1 million, compared with $34.6 million a year earlier.

Who leads MongoDB now?

The filing reports that Chirantan "CJ" Desai was appointed President and Chief Executive Officer, succeeding Dev Ittycheria, who held the role for 11 years.

MDB 8-K: Earnings & Results

01—Abstract

Summary

Summary of the 8-K filed December 1, 2025. Cited figures are marked; the original filing is the authoritative source.

MongoDB, Inc. (NASDAQ: MDB) reported financial results for its third quarter of fiscal 2026, the three months ended October 31, 2025, in a press release furnished as Exhibit 99.1 to this Form 8-K dated December 1, 2025.

Total revenue was $628.3 million^a, up 19% year-over-year, with subscription revenue of $609.1 million (up 19%) and services revenue of $19.2 million (up 12%). Atlas revenue grew 30% year-over-year and made up 75% of total Q3 revenue. The company added 2,600 customers, bringing total customers to over 62,500 as of October 31, 2025.

Profitability improved on a non-GAAP basis. GAAP loss from operations narrowed to $18.4 million^b from $27.9 million a year earlier, and GAAP net loss was $2.0 million, or $0.02 per share, versus $9.8 million, or $0.13 per share. Non-GAAP income from operations was $123.1 million, compared with $101.5 million, and non-GAAP net income was $114.5 million, or $1.32 per fully diluted share.

Operating cash flow was $143.5 million^c and free cash flow was $140.1 million, against $37.4 million and $34.6 million in the prior-year quarter. The company had $2.3 billion in cash, cash equivalents, short-term investments and restricted cash at quarter end. Management raised its outlook.

For the fourth quarter of fiscal 2026, MongoDB guided to revenue of $665.0 million to $670.0 million^d and non-GAAP income from operations of $139.0 million to $143.0 million. For full-year fiscal 2026, it guided to revenue of $2.434 billion to $2.439 billion, non-GAAP income from operations of $436.4 million to $440.4 million, and non-GAAP net income per share of $4.76 to $4.80. The filing also notes the appointment of CJ Desai as President and CEO, succeeding Dev Ittycheria.

02—Key points

Key Highlights

Total revenue of $628.3 million for Q3 fiscal 2026, up 19% year-over-year; subscription revenue was $609.1 million, up 19%.
Atlas revenue grew 30% year-over-year and represented 75% of total Q3 revenue.
GAAP net loss narrowed to $2.0 million ($0.02 per share) from $9.8 million ($0.13 per share) a year earlier.
Non-GAAP income from operations rose to $123.1 million from $101.5 million; non-GAAP net income per fully diluted share was $1.32 versus $1.16.
Operating cash flow of $143.5 million and free cash flow of $140.1 million, compared with $37.4 million and $34.6 million in the year-ago quarter.
Raised fiscal 2026 guidance: full-year revenue of $2.434 billion to $2.439 billion and non-GAAP net income per share of $4.76 to $4.80.
Customer count reached over 62,500 after adding 2,600 customers; Chirantan "CJ" Desai was appointed President and CEO, succeeding Dev Ittycheria.

03—Questions

Frequently Asked Questions

How did MongoDB perform in its third quarter of fiscal 2026?
Total revenue was $628.3 million, up 19% year-over-year. GAAP gross margin was 71% versus 74% a year earlier, while non-GAAP gross margin was 74% versus 77%. The GAAP loss from operations was $18.4 million, compared with $27.9 million in the prior-year period.
What is the new guidance for fiscal 2026?
For the fourth quarter, MongoDB expects revenue of $665.0 million to $670.0 million and non-GAAP income from operations of $139.0 million to $143.0 million. For the full year, it expects revenue of $2.434 billion to $2.439 billion, non-GAAP income from operations of $436.4 million to $440.4 million, and non-GAAP net income per share of $4.76 to $4.80.
What drove growth in the quarter?
Atlas revenue grew 30% year-over-year and accounted for 75% of total Q3 revenue. Management said existing customers are expanding and net-new customer additions remain strong, with 2,600 customers added in the quarter.
How strong is MongoDB's cash position and cash generation?
MongoDB had $2.3 billion in cash, cash equivalents, short-term investments and restricted cash as of October 31, 2025. Operating cash flow was $143.5 million in the quarter, and free cash flow was $140.1 million, compared with $34.6 million a year earlier.
Who leads MongoDB now?
The filing reports that Chirantan "CJ" Desai was appointed President and Chief Executive Officer, succeeding Dev Ittycheria, who held the role for 11 years.

04—Continue

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