MongoDB Inc - Class A
Q3 2026 Earnings
Market Reaction
S&P 500 over the same 30 days: +0.91%.
Did MDB Beat Earnings? Q3 2026 Results
MongoDB delivered a blowout third quarter of fiscal 2026, posting non-GAAP EPS of $1.32 against a consensus estimate of $0.7941 — a 66.23% beat — while revenue of $628.31 million came in 5.88% ahead of expectations and grew 18.7% year-over-year. The engine behind the outperformance was Atlas, the company's fully managed cloud database platform, which expanded 30% year-over-year and now accounts for 75% of total revenue — an acceleration that signals deepening customer commitment to MongoDB's cloud-native architecture. The quarter also marked a leadership transition, with new CEO CJ Desai taking the helm after Dev Ittycheria's 11-year tenure, and Desai wasted little time pointing to a <a href="https://247wallst.com/investing/2025/12/01/live-mongodb-mdb-q3-earnings-coverage/">broadening customer base</a> of over 62,500 as evidence of durable demand. Non-GAAP operating margin improved to 20%, while free cash flow surged to $140.12 million from $34.56 million a year earlier. Management raised full-year fiscal 2026 revenue guidance to $2.43–$2.44 billion, with Q4 revenue expected between $665.00 million and $670.00 million, reflecting sustained confidence in Atlas-driven growth momentum.
- Atlas revenue growth accelerated to 30% year-over-year, representing 75% of total revenue
- Existing customer expansion and strong net-new customer additions
- Non-GAAP operating margin expanded to 20% from 19% year-over-year
- Free cash flow surged to $140.1 million from $34.6 million year-over-year
“MongoDB delivered strong third quarter results that exceeded the high-end of our guidance driven by continued strength in Atlas, which saw growth accelerate to 30% year-over-year. We also delivered meaningful margin outperformance as we executed on our plan to drive profitable growth. Reflecting this strength, we are raising our guidance on the top and bottom line for the rest of the year.”
MongoDB CEO, on the earnings call
Forward Guidance & Outlook
MongoDB raised its full-year fiscal 2026 guidance, now expecting Q4 FY2026 revenue of $665.0 million to $670.0 million, non-GAAP income from operations of $139.0 million to $143.0 million, and non-GAAP net income per share of $1.44 to $1.48. For the full year fiscal 2026, the company 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.
MDB YoY Financials
MDB Revenue by Segment
MDB Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.