NASDAQ$MDB

MongoDB Inc · Q3 2026 earnings

Q3 2026 earnings · · After market close · Investor relations

Briefing

delivered strong Q3 performance with solid revenue growth and improved profitability metrics

MongoDB posted robust Q3 FY2026 results with 19% revenue growth, strong Atlas-driven performance, improved operating leverage, and significantly higher free cash flow.

  • Total revenue grew 19% year-over-year to $628.3 million.
  • Atlas revenue represented 75% of total revenue and grew 30% year-over-year.
  • Net loss improved significantly to just $2.0 million.
  • Free cash flow reached $140.1 million, up from $34.6 million a year earlier.

Headline financials

Total Revenue

$628M

Previous: $529M+18.7%
EPS

-$0.02

Previous: -$0.13+84.6%
Total Customers

62.5K

Previous: 52.6K+18.8%
Atlas Customers

60.8K

Previous: 51.1K+19.0%
Customers > $100k ARR

2.7K

Previous: 2.3K+16.4%
Capital Expenditures

-$3.83M

Previous: -$3.57M-7.1%
Free Cash Flow

-$5.83M

Previous: -$13.3M+56.3%
Net Income

-$2.01M

Previous: -$9.78M+79.5%
Operating Income

-$18.4M

Previous: -$27.9M+33.9%
Gross Profit

$449M

Previous: $394M+14.0%
Cash & Equivalents

$834M

Previous: $673M+23.9%
Total Assets

$3.57B

Previous: $3.22B+10.6%

Revenue & EPS history

MongoDB · Revenue · Quarterly

$628M

Q3 2026+18.7%vs Q3 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 raised full-year and Q4 FY2026 guidance due to strong Atlas performance and improved profitability expectations.

Tailwinds

  • Raised revenue outlook for Q4 and full year.
  • Strong expected non-GAAP operating income performance.
  • Continued Atlas growth momentum.
  • Improving margin profile across the business.
  • Confidence in sustained demand for AI-related workloads.

Headwinds

  • Guidance excludes GAAP comparability due to high variability in stock-based compensation.
  • Macro uncertainty may impact customer consumption trends.
  • Potential volatility in cloud workloads tied to customer optimization.
  • Foreign currency fluctuations may affect results.
  • Ongoing competitive pressures in the cloud database market.

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 Q3 2026

Historical avgQ3 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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