MongoDB (MDB) Q2 2027 Earnings
How Did MDB Stock React to Q2 2027 Earnings?
S&P 500 over the same 30 days: +1.26%.
Did MDB Beat Earnings? Q2 2027 Results
Yes. MongoDB reported Q2 2027 earnings of $1.90 a share on Sep 1, 2026, beating the $1.61 consensus estimate by 18.1%. Revenue was $771.8M against a $734.4M estimate.
MongoDB delivered a blowout second quarter for fiscal 2027, with results that left little doubt about the company's accelerating momentum. Revenue surged 30.5% year-over-year to $771.77 million, well ahead of the $734.40 million consensus estimate, while adjusted non-GAAP EPS of $1.90 beat the $1.61 Wall Street expectation by 18.09%, extending the company's streak to five consecutive quarters of consensus EPS beats. <a href="https://247wallst.com/investing/2026/09/01/live-will-mongodb-crush-q2-earnings-tonight-after-the-market-closes/">Ahead of the print</a>, investor expectations were already elevated, and MongoDB still managed to exceed them by a wide margin. The primary engine behind the results was Atlas, its cloud database platform, which generated $565.92 million in revenue, up roughly 29% year-over-year, while Enterprise Advanced revenue accelerated notably to $181.23 million. Management cited this as the company's highest revenue growth rate in several years. Looking ahead, MongoDB raised its full-year fiscal 2027 revenue guidance to a range of $2.99 billion to $3.03 billion, with non-GAAP EPS now expected between $6.39 and $6.58, driven largely by continued Atlas momentum in the second half.
- 30% year-over-year total revenue growth, described as the highest level in several years
- Atlas revenue grew approximately 29% year-over-year
- Enterprise Advanced and other revenue grew approximately 36% year-over-year
- Non-GAAP operating margin expanded to 24% from 15% a year ago
- Free cash flow nearly doubled year-over-year to $137.6 million
- RPO increased 91% year-over-year to $1.52 billion; cRPO up 73% to $797.3 million
- Customers with $100K+ ARR grew to 2,999 from 2,564 a year ago
“We delivered strong second quarter results, highlighted by 30% year-over-year revenue growth—the highest level of growth in several years—and continued strong profitability. This performance reflects the mission-critical role our platform plays for customers, with strength driven by core enterprise workloads and early momentum with AI use cases. That strength spans our run anywhere strategy across both Atlas and Enterprise Advanced, highlighting the power of our data platform. This gives us the confidence to raise our full year fiscal 2027 guidance.”
MongoDB CEO, on the earnings call
What Is MongoDB's Outlook?
MongoDB raised its full-year fiscal 2027 guidance, with the second-half increase mainly driven by Atlas. For Q3 FY2027, the company expects revenue of $756 million to $761 million, GAAP operating loss of $(14.5) million to $(10.5) million, non-GAAP operating income of $152.0 million to $156.0 million, GAAP net income per share of $0.00 to $0.05, and non-GAAP net income per share of $1.57 to $1.61. For full-year FY2027, revenue is expected in the range of $2.99 billion to $3.03 billion, GAAP operating loss of $(28.0) million to $(8.0) million, non-GAAP operating income of $616.3 million to $636.3 million, GAAP net income per share of $0.53 to $0.77, and non-GAAP net income per share of $6.39 to $6.58.
MDB YoY Financials
| Metric | Q2 2027 | Q2 2026 | Year over year |
|---|---|---|---|
| Revenue | $771.8M | $591.4M | +30.5% |
| Gross Profit | $569.8M | $420.0M | +35.7% |
| Operating Income | $28.4M | $11.7M | +143.5% |
| Net Income | $40.9M | $14.3M | +187.0% |
MDB Revenue by Segment
MDB Revenue by Geography
When Does MongoDB Report Next?
Figures from SEC filings and company reports. Not investment advice.