NASDAQ$MDB

MongoDB Inc · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

MongoDB reported strong Q1 2026 results with solid Atlas growth, improved profitability metrics, and increased customer momentum.

MongoDB delivered a robust Q1 2026 with 22% YoY revenue growth, significant non-GAAP profitability, and its largest quarterly net customer additions in six years.

  • Total revenue reached $549,000,000, up 22% YoY.
  • MongoDB Atlas accounted for 72% of total revenue and grew 26% YoY.
  • The company added 2,600 new customers, reaching over 57,100.
  • Net loss narrowed to $37,600,000 while non-GAAP net income hit $86,300,000.

Headline financials

Total Revenue

$549M

Previous: $451M+21.9%
EPS

-$0.46

Previous: -$1.10+58.2%
Total Customers

57.1K

Previous: 49.2K+16.1%
Atlas Customers

55.8K

Previous: 47.7K+17.0%
Customers > $100k ARR

2.5K

Previous: 2.1K+17.3%
Capital Expenditures

-$1.61M

Previous: -$539K-198.9%
Free Cash Flow

-$39.2M

Previous: -$81.1M+51.6%
Net Income

-$37.6M

Previous: -$80.6M+53.3%
Operating Income

-$53.6M

Previous: -$98.2M+45.5%
Gross Profit

$391M

Previous: $328M+19.2%
Cash & Equivalents

$658M

Previous: $816M-19.4%
Total Assets

$3.62B

Previous: $3.03B+19.4%

Revenue & EPS history

MongoDB · Revenue · Quarterly

$549M

Q1 2026+21.9%vs Q1 2025
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Revenue by segment

MongoDB · $14.6M total across 1 segment · Q3 2024

  • Services
    $14.6M+13.2%

Forward guidance

MongoDB expects Q2 FY26 revenue between $548M–$553M and full-year revenue between $2.25B–$2.29B, with continued non-GAAP profitability.

Tailwinds

  • Revenue guidance for Q2 is up to $553,000,000.
  • Full-year revenue guidance reaches up to $2,290,000,000.
  • Q2 non-GAAP EPS forecast between $0.62–$0.66.
  • Full-year non-GAAP EPS forecast up to $3.12.
  • Non-GAAP operating income guidance up to $287,000,000 for the year.

Headwinds

  • GAAP net losses are expected to persist despite non-GAAP profitability.
  • Gross margin slightly decreased YoY (GAAP: 71% vs. 73%).
  • Free cash flow, while strong, may face pressure from ongoing investments.
  • Slight sequential revenue decline expected in Q2.
  • Uncertainty due to stock-based compensation and acquisition-related costs not included in forward GAAP metrics.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+4.1%

Avg return

Earnings day

+5.6%

Avg return

5 days after

+5.6%

Avg return

30 days after

68%

23 / 34 earnings

Positive

+37.7%

Q2 2026

Best reaction

-29.3%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027
Q4 2026+5.8%-16.8%-22.1%
Q3 2026+5.1%+24.6%+27.6%
Q2 2026+37.7%+47.2%+48.6%
Q1 2026+12.7%+6.7%+5.8%
Q4 2025-26.9%-25.9%-41.5%
Q3 2025-15.3%-22.2%-27.6%
Q2 2025+23.5%+20.3%+14.5%
Q1 2025-29.3%-30.5%-25.2%
Q4 2024-6.4%-10.0%-11.4%
Q3 2024-8.4%-9.7%-14.3%
Q2 2024+4.6%+5.0%-7.9%
Q1 2024+28.1%+31.9%+39.9%
Q4 2023-6.3%-9.8%-3.5%
Q3 2023+19.9%+28.9%+15.8%
Q2 2023-27.1%-26.0%-40.0%
Q1 2023+20.9%+15.8%+13.4%
Q4 2022+19.3%+13.0%+53.0%
Q3 2022+11.0%+12.8%-4.8%
Q2 2022+29.0%+24.5%+20.6%
Q1 2022+9.6%+11.4%+25.9%
Q4 2021+2.6%+11.5%+3.4%
Q3 2021-0.2%+21.2%+25.4%
Q2 2021-11.5%-14.4%-6.5%
Q1 2021-15.4%-13.8%-3.8%
Q4 2020+6.8%+21.8%+55.6%
Q3 2020-1.5%-2.1%+6.9%
Q2 2020+0.3%-12.4%-12.5%
Q1 2020+6.9%+24.7%+12.8%
Q4 2019+24.8%+31.6%+36.2%
Q3 2019+6.8%-0.7%-10.7%
Q2 2019+6.8%+13.1%-1.2%
Q1 2019+0.7%+9.4%+5.4%
Q4 2018+3.0%-0.6%+1.8%
Q3 2018+1.8%+9.5%+10.2%
Q2 2018
Q1 2018
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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