MongoDB, Inc. earnings

MongoDB closed the second quarter of fiscal 2027 with revenue of $771.8 million, up 30.5% from the prior-year quarter. That is the fastest growth rate the company has reported in several years, and management credited core enterprise workloads plus early momentum with AI use cases.

MongoDB reported $687.6 million of revenue for the first quarter of fiscal 2027, up 25.2% from $549.0 million in the prior-year quarter. Atlas revenue grew more than 29% year over year, and MongoDB Enterprise Advanced and other revenue grew more than 13%.

MongoDB closed fiscal 2026 with fourth-quarter revenue of $695.1 million, up 27% from the prior-year quarter. Full-year revenue reached $2.46 billion, up 23%. Atlas revenue rose 29% year over year in both the fourth quarter and the full year, a sign that the cloud database continues to carry the growth story.

MongoDB reported third quarter fiscal 2026 revenue of $628.31 million, up 18.7% from $529.38 million in the prior-year quarter. Gross profit rose 14.0% to $449.13 million. Gross margin slipped to 71.5% from 74.4%, a decline of 3.0 percentage points.

MongoDB's second quarter fiscal 2026 revenue reached $591.4 million, up 23.7% from the prior-year quarter. Atlas revenue grew 29% year over year and made up 74% of total Q2 revenue. The company added 2,800 customers in the quarter, bringing total customers to over 59,900 as of July 31, 2025.

MongoDB's first quarter of fiscal 2026 produced $549.0 million in revenue, up 21.9% from the prior-year quarter. Atlas revenue rose 26% and represented 72% of total revenue, up from 70% a year earlier. The company added 2,600 customers and ended April 30, 2025 with over 57,100 total customers.

MongoDB closed fiscal 2025 with $548.4 million in fourth-quarter revenue, up 19.7% from the prior-year quarter. Full-year revenue reached $2.01 billion, up 19.2% year-over-year. Atlas revenue grew 24% year-over-year and represented 71% of total fourth-quarter revenue.

MongoDB reported third-quarter fiscal 2025 total revenue of $529.4 million, up 22.3% from the prior-year quarter. Total revenue growth reflected increased demand for the platform and related services. The company ended the quarter with over 52,600 customers, up from over 46,400 a year earlier.

MongoDB reported total revenue of $478.1 million for the second quarter of fiscal 2025, up 12.8% from the prior-year quarter. Gross profit rose 9.9% to $349.9 million, but gross margin slipped 2.0 percentage points to 73.2%.

MongoDB reported total revenue of $450.56 million for the first quarter of fiscal 2025, up 22.3% from the first quarter of fiscal 2024. The company's Atlas revenue grew 32% year-over-year and represented 70% of total revenue. Customer growth remained strong.

MongoDB closed fiscal 2024 with a fourth quarter that paired solid top-line growth with narrower losses. Fourth-quarter revenue was $458.0 million, up 26.8% year over year. Full-year revenue reached $1.68 billion, up 31.1%. Atlas revenue grew 34% and accounted for 68% of fourth-quarter revenue.

MongoDB reported fiscal 2024 third-quarter revenue of $432.94 million, up 29.8% from the prior-year quarter. Gross profit was $325.88 million, up 35.8%. Gross margin was 75.3%, up 3.3 percentage points.

MongoDB closed FY2024 Q2 with total revenue of $423.8 million, up 39.6% from the prior-year quarter. Gross profit rose 47.9% to $318.5 million. Gross margin expanded to 75.1%, up 4.2 percentage points. The operating loss narrowed to $49.0 million from $114.8 million a year earlier.

MongoDB's first quarter fiscal 2024 total revenue was $368.3 million, up 29% from the prior-year quarter. Gross profit was $270.8 million, up 30.7%. Gross margin was 73.5%, up 0.9 percentage points. The company reported an operating loss of $68.5 million, an improvement of $7.4 million from the prior-year quarter.

Revenue growth stayed strong in MongoDB's fiscal 2023 fourth quarter. Total revenue reached $361.3 million, up 35.6% from the prior-year quarter. For the full fiscal year, revenue was $1.28 billion, up 47.0%.

MongoDB reported total revenue of $333.6 million for the third quarter of fiscal 2023, up 47.0% from $226.9 million in the prior-year quarter. Year-to-date revenue reached $922.7 million, up 51.9% from $607.3 million.

MongoDB reported second quarter fiscal 2023 revenue of $303.7 million, up 53% year over year. Atlas revenue grew 73% and represented 64% of total Q2 revenue. The customer base expanded to over 37,000 customers as of July 31, 2022, compared with over 29,000 a year earlier.

MongoDB's first quarter fiscal 2023 revenue reached $285.4 million, up 57.1% from $181.6 million in the prior-year quarter. Subscriptions accounted for 96% of total revenue in both periods. The growth came with strong customer additions.

MongoDB closed fiscal 2022 with strong top-line momentum. Fourth quarter revenue rose 55.8% to $266.49 million. Full year revenue rose 48.0% to $873.78 million. Gross profit was $190.70 million in the quarter, up 58.9%, and $614.29 million for the full year, up 48.6%.

MongoDB's third quarter fiscal 2022 revenue reached $226.9 million, up 50% from a year earlier. Subscription revenue grew 51%, and services revenue grew 35%. Atlas revenue rose 84% and accounted for 58% of total Q3 revenue, up from 47% a year earlier.

MongoDB reported second quarter fiscal 2022 revenue of $198.7 million, up 44% year over year. Gross profit was $138.0 million, and gross margin was 69.5%, flat with the prior-year quarter. The company still posted a loss from operations of $72.5 million. Net loss was $77.1 million, or $1.22 per diluted share.

MongoDB's first quarter fiscal 2022 revenue reached $181.6 million, up 39.4% from the prior-year quarter. The growth engine is clearly Atlas. Atlas revenue rose 73% year over year and represented 51% of total first quarter revenue, up from 42% a year earlier.

MongoDB ended fiscal 2021 with strong top-line growth. Fourth-quarter revenue was $171.0 million, up 38.4% from the prior-year quarter. Full-year revenue was $590.4 million, up 40.0% from the prior year. The Atlas cloud database continued to lead the mix.

MongoDB's FY2021 Q3, ended October 31, 2020, produced total revenue of $150.77 million, up 37.8% from the prior-year quarter. Gross profit was $104.66 million, up 35.5%, and gross margin was 69.4%, down 1.2 percentage points from the prior-year quarter.

MongoDB's FY2021 second quarter, ended July 31, 2020, delivered strong revenue growth but wider losses. Total revenue was $138.28 million, up 39.2% from the prior-year quarter. Gross profit was $95.98 million, up 38.8%. Gross margin was 69.4%, down 0.2 percentage points, as services gross margin weakened.

MongoDB grew revenue 45.8% in the first quarter of fiscal 2021, which the company described as a strong performance in the midst of the COVID-19 pandemic. Total revenue was $130.3 million. Subscription revenue grew 49% while services revenue grew 1%.