MongoDB — 2026Q3 財報

“Second quarter fiscal 2027 total revenue of $771.8 million, up 30% year-over-year”

Total revenue was $771.8 million, up 30% year over year.

“Atlas revenue up approximately 29% year-over-year in the second quarter fiscal 2027”

Atlas, MongoDB's managed cloud database, grew approximately 29% year over year.

“EA & other revenue up approximately 36% year-over-year in the second quarter fiscal 2027”

EA & other revenue, which includes the self-managed Enterprise Advanced product, grew approximately 36% year over year.

“Income from operations was $28.4 million for the second quarter of fiscal 2027, compared to a loss from operations of $65.3 million in the year-ago period.”

GAAP operating income was $28.4 million, against a loss from operations of $65.3 million a year earlier.

“We delivered a non-GAAP operating margin of 24%, up significantly from 15% a year ago, while free cash flow nearly doubled year-over-year to $137.6 million.”

The CFO cited a 24% non-GAAP operating margin, up from 15% a year ago, and free cash flow that nearly doubled to $137.6 million.

“Non-GAAP net income was $162.6 million, or $1.90 per share, based on 85.8 million fully diluted weighted-average shares outstanding.”

Non-GAAP net income was $162.6 million, or $1.90 per share.

“RPO was $1,519.2 million, an increase of 91% year-over-year.”

Remaining performance obligations rose 91% year over year to $1,519.2 million.

“MongoDB Search and Vector Search are now generally available in MongoDB Enterprise Advanced”

MongoDB Search and Vector Search became generally available in the self-managed Enterprise Advanced product.

“Raising full year fiscal 2027 guidance, with H2 raise mainly due to Atlas”

MongoDB raised its full-year fiscal 2027 guidance and attributed the second-half raise mainly to Atlas.

“For the third quarter, we expect total revenue of $756 million to $761 million, representing 20% to 21% year over year growth.”

Q3 revenue was guided to $756 million to $761 million, 20% to 21% growth year over year.

“For fiscal 27, we now expect total revenue of $2.99 billion to $3.03 billion representing full year growth of 21% to 23%”

Full-year fiscal 2027 revenue is now guided to $2.99 billion to $3.03 billion, 21% to 23% growth.

“we expect Atlas growth of approximately 26% in Q3 and we are raising our full year growth expectation to approximately 27% an increase of 300 basis points from the midpoint of our prior guidance.”

The CFO guided Atlas growth of approximately 26% in Q3 and raised the full-year Atlas growth expectation to approximately 27%, 300 basis points above the prior midpoint.

“We are raising our full year expectations for EA and other revenue to approximately 11% growth in fiscal 27 up from our prior guidance of mid single digit growth.”

The full-year EA and other revenue expectation was raised to approximately 11% growth, from mid-single digits.

“We continue to expect EA and other revenue to be approximately flat in the second half with growth in the mid single digits in the third quarter. Because multiyear deals are inherently hard to predict, we will continue to be prudent in how we guide the EA business.”

Even after the raise, the CFO still expects EA and other revenue to be roughly flat in the second half, and said that because multiyear deals are hard to predict, MongoDB will stay prudent in how it guides EA.

“We ended the quarter with 70.6 thousand customers, adding a record 2.9 thousand net new customers in the period.”

MongoDB ended the quarter with 70.6 thousand customers after a record 2.9 thousand net additions.

“net ARR expansion rate which increased to 122% for the quarter compared to 119% a year ago.”

The company's net ARR expansion rate rose to 122% from 119% a year earlier.

“We will always be prudent more than a quarter out, and that is what is reflected in the guidance. I also want to address your comment about Q4 and just be super clear on the call. Hey, there were no large bundled deals in the quarter. There was none of that Q4 dynamic this quarter.”

Asked about the implied Atlas slowdown later in the year, the CFO said guidance more than a quarter out is deliberately prudent and that the quarter included no large bundled deals.

“And when the team did analysis, on where is the referral for our voyage is coming, As you would have imagined, most of this referral is coming via coding agents.”

The CEO said most referrals for Voyage, MongoDB's embedding models, come through coding agents.