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MongoDB 8-K Report, Financial Results (May 28, 2026)

Reports
Earnings & Results·Exhibits & Filings
Filing Date
Filed May 28, 2026
Period End
May 28, 2026
Security
MDB
In the record · 2017–202610-K910-Q278-K72

MDB filed 9 annual reports (10-K), 27 quarterly reports (10-Q) and 72 current reports (8-K) between 2017 and 2026.

  1. Material agreement8-K · Oct ’18Oct ’18
  2. Material agreement8-K · Jun ’21Jun ’21
  3. Leadership change8-K · Jun ’23Jun ’23
  4. Leadership change8-K · Apr ’25Apr ’25

01—Abstract

Summary

Summary of the 8-K filed May 28, 2026. Cited figures are marked; the original filing is the authoritative source.

MongoDB, Inc. reported first quarter fiscal 2027 results for the three months ended April 30, 2026, in a press release furnished as Exhibit 99.1 to this Form 8-K dated May 28, 2026.

Total revenue was $687.6 milliona, up 25% year-over-year, with subscription revenue of $666.1 million (up 25%) and services revenue of $21.5 million (up 22%). Atlas revenue rose more than 29% year-over-year and EA and other revenue rose more than 13%. Gross margin on a GAAP basis was 72%, compared with 71% a year earlier.

The company posted a GAAP loss from operations of $24.8 millionb, narrowed from $53.6 million a year earlier, and GAAP net income of $4.4 million, or $0.05 per diluted share. Non-GAAP income from operations was $123.2 million, an 18% non-GAAP operating margin versus 16% a year earlier. Remaining performance obligations were $1,458.6 million, up 88% year-over-year, and current RPO was $766.3 million, up 69%.

Operating cash flow was $201.6 millionc and free cash flow was $197.5 million for the quarter. Cash, cash equivalents, short-term investments and restricted cash totaled $2.4 billion at April 30, 2026. During the quarter the company repurchased $100.3 million of common stock and paid $58.3 million in taxes related to net share settlement of equity awards.

Management guided second quarter fiscal 2027 revenue to $729 million to $734 milliond, with GAAP loss from operations of $(10.0) million to $(6.0) million and GAAP EPS of $0.08 to $0.12. For full-year fiscal 2027, revenue is guided to $2.92 billion to $2.96 billion, with GAAP loss from operations of $(78.0) million to $(58.0) million, GAAP EPS of $0.15 to $0.39, and non-GAAP EPS of $5.95 to $6.14. The company described this as a raise to full-year guidance driven mainly by strength in Atlas.

02—Key points

Key Highlights

  1. Total revenue of $687.6 million, up 25% year-over-year; Atlas revenue up more than 29% and EA and other revenue up more than 13%
  2. GAAP loss from operations narrowed to $24.8 million from $53.6 million; non-GAAP income from operations rose to $123.2 million (18% margin vs. 16%)
  3. GAAP net income of $4.4 million ($0.05 per diluted share) versus a net loss of $37.6 million a year earlier; non-GAAP net income of $112.3 million ($1.32 per fully diluted share)
  4. RPO of $1,458.6 million, up 88% year-over-year; current RPO of $766.3 million, up 69%
  5. Free cash flow of $197.5 million versus $105.9 million a year earlier; cash and investments of $2.4 billion at April 30, 2026
  6. Q2 fiscal 2027 revenue guidance of $729 million to $734 million; full-year fiscal 2027 revenue guidance of $2.92 billion to $2.96 billion, with management raising full-year guidance mainly on Atlas strength
  7. Acquired Clarity Business Solutions to strengthen the US Federal vertical; announced leadership appointments including a new Chief Revenue Officer and Chief Information Security Officer

03—Questions

Frequently Asked Questions

  1. What drove revenue growth in the first quarter of fiscal 2027?

    Total revenue grew 25% year-over-year to $687.6 million. Atlas-related revenue was $512.5 million versus $395.9 million a year earlier, and the filing states Atlas revenue grew more than 29%. MongoDB Enterprise Advanced and other revenue was $153.7 million versus $135.6 million, with the filing stating EA and other revenue grew more than 13%.

  2. How profitable was the quarter on a GAAP and non-GAAP basis?

    On a GAAP basis, MongoDB reported a loss from operations of $24.8 million and net income of $4.4 million, or $0.05 per diluted share. Non-GAAP income from operations was $123.2 million, an 18% non-GAAP operating margin, and non-GAAP net income was $112.3 million, or $1.32 per fully diluted share. Stock-based compensation of $137.8 million was a major reconciling item.

  3. What is the company's forward outlook?

    For the second quarter of fiscal 2027, MongoDB expects revenue of $729 million to $734 million and GAAP loss from operations of $(10.0) million to $(6.0) million. For full-year fiscal 2027, it expects revenue of $2.92 billion to $2.96 billion, GAAP EPS of $0.15 to $0.39, and non-GAAP EPS of $5.95 to $6.14. Management said it is raising full-year guidance, driven mainly by strength in Atlas.

  4. What do the backlog metrics indicate?

    Remaining performance obligations were $1,458.6 million, up 88% year-over-year, and current RPO was $766.3 million, up 69%. RPO includes unearned revenue, multi-year contracts with future installment payments, and certain unfulfilled orders under accepted customer contracts.

  5. How did the company use its cash during the quarter?

    Operating cash flow was $201.6 million and free cash flow was $197.5 million. The company repurchased $100.3 million of common stock and paid $58.3 million in taxes related to net share settlement of equity awards. Cash, cash equivalents, short-term investments and restricted cash totaled $2.4 billion at April 30, 2026.

04—Continue

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