2 months ago
MongoDB, Inc. (NASDAQ:MDB) reported fiscal second-quarter revenue of $771.8 million, up 30% year over year. Atlas revenue increased approximately 29% to $565.9 million, while Enterprise Advanced and other revenue rose approximately 36% to $181.2 million.
Remaining performance obligations, or RPO, increased 91% to $1.52 billion. RPO represents the aggregate transaction price in contracts allocated to performance obligations not delivered or partially undelivered. MongoDB, Inc. (NASDAQ:MDB) omits contracts lasting 12 months or less from the disclosure. Current RPO, the portion expected to be recognized within 12 months, increased 73% to $797.3 million.
GAAP operating income reached $28.4 million, compared with a $65.3 million loss a year earlier. MongoDB, Inc. (NASDAQ:MDB) also raised fiscal 2027 revenue guidance to $2.99 billion to $3.03 billion from $2.92 billion to $2.96 billion, with the second-half increase attributed mainly to Atlas.
Growth was broad. Atlas expanded 29%, while Enterprise Advanced and other revenue grew faster at 36%. Total customers increased to more than 70,600 from more than 59,900 a year earlier, and Atlas customers reached more than 69,300.
The margin profile also improved. GAAP gross margin expanded to 74% from 71%, while revenue growth outpaced operating-expense growth enough to produce positive GAAP operating income. This shows MongoDB, Inc. (NASDAQ:MDB) can scale infrastructure, research and sales costs more slowly than revenue.
#million #mongodb #NASDAQ #gaap
Remaining performance obligations, or RPO, increased 91% to $1.52 billion. RPO represents the aggregate transaction price in contracts allocated to performance obligations not delivered or partially undelivered. MongoDB, Inc. (NASDAQ:MDB) omits contracts lasting 12 months or less from the disclosure. Current RPO, the portion expected to be recognized within 12 months, increased 73% to $797.3 million.
GAAP operating income reached $28.4 million, compared with a $65.3 million loss a year earlier. MongoDB, Inc. (NASDAQ:MDB) also raised fiscal 2027 revenue guidance to $2.99 billion to $3.03 billion from $2.92 billion to $2.96 billion, with the second-half increase attributed mainly to Atlas.
Growth was broad. Atlas expanded 29%, while Enterprise Advanced and other revenue grew faster at 36%. Total customers increased to more than 70,600 from more than 59,900 a year earlier, and Atlas customers reached more than 69,300.
The margin profile also improved. GAAP gross margin expanded to 74% from 71%, while revenue growth outpaced operating-expense growth enough to produce positive GAAP operating income. This shows MongoDB, Inc. (NASDAQ:MDB) can scale infrastructure, research and sales costs more slowly than revenue.
#million #mongodb #NASDAQ #gaap
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2 months ago
On September 2, Rosenblatt raised its price target on MongoDB, Inc. (NASDAQ:MDB) from $395 to $445 while maintaining a Buy rating. This update came after the company reported its second-quarter fiscal 2027 results. The company delivered stronger-than-expected revenue growth, improved profitability and raised its full-year outlook.
MongoDB, Inc. (NASDAQ:MDB) reported second-quarter revenue growth of 30%, surpassing both Rosenblatt's estimate and consensus expectations by about 5%. However, the stock declined more than 12% in pre-market trading following the results, as investors focused on the pace of growth in the company's Atlas cloud business.
Bull Case
The company's Atlas business grew 29% year-over-year and accounted for 73% of total revenue, with its run-rate surpassing $2 billion. This growth was ahead of Rosenblatt's estimate of 26%. MongoDB, Inc.'s (NASDAQ:MDB) non-Atlas on-premise business grew 36% year-over-year.
Customer growth also remained strong as the company added a record 2,900 customers in the second quarter. The number of Voyage customers nearly doubled from the previous quarter. MongoDB, Inc. (NASDAQ:MDB) also reported a non-GAAP operating margin of 24%, up significantly from 15% a year ago, to beat Rosenblatt's estimate of 21%.
#Growth #atlas
MongoDB, Inc. (NASDAQ:MDB) reported second-quarter revenue growth of 30%, surpassing both Rosenblatt's estimate and consensus expectations by about 5%. However, the stock declined more than 12% in pre-market trading following the results, as investors focused on the pace of growth in the company's Atlas cloud business.
Bull Case
The company's Atlas business grew 29% year-over-year and accounted for 73% of total revenue, with its run-rate surpassing $2 billion. This growth was ahead of Rosenblatt's estimate of 26%. MongoDB, Inc.'s (NASDAQ:MDB) non-Atlas on-premise business grew 36% year-over-year.
Customer growth also remained strong as the company added a record 2,900 customers in the second quarter. The number of Voyage customers nearly doubled from the previous quarter. MongoDB, Inc. (NASDAQ:MDB) also reported a non-GAAP operating margin of 24%, up significantly from 15% a year ago, to beat Rosenblatt's estimate of 21%.
#Growth #atlas
2 months ago
Shares of MongoDB (NASDAQ: MDB) slumped out of the gate on Wednesday, plunging as much as 14.6%. As of 11:02 a.m. ET, the stock was still down 10.8%.
The catalyst that drove the database-as-a-service (DBaaS) provider lower was its quarterly financial report. While the results were better than expected, investors wanted more.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
For its fiscal 2027 second quarter (ended July 31), MongoDB delivered revenue of $772 million, up 30% year over year, showing that its strategy to tap into the booming demand for artificial intelligence (AI) is paying off. As a result, the company delivered adjusted earnings per share (EPS) of $1.90, which rose 90%.
For context, ******* ysts' consensus estimates were looking for revenue of $734 million and adjusted EPS of $1.61, so MongoDB surpassed both benchmarks with room to spare.
#mongodb #NVIDIA #flashing #revenue
The catalyst that drove the database-as-a-service (DBaaS) provider lower was its quarterly financial report. While the results were better than expected, investors wanted more.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
For its fiscal 2027 second quarter (ended July 31), MongoDB delivered revenue of $772 million, up 30% year over year, showing that its strategy to tap into the booming demand for artificial intelligence (AI) is paying off. As a result, the company delivered adjusted earnings per share (EPS) of $1.90, which rose 90%.
For context, ******* ysts' consensus estimates were looking for revenue of $734 million and adjusted EPS of $1.61, so MongoDB surpassed both benchmarks with room to spare.
#mongodb #NVIDIA #flashing #revenue
2 months ago
Our ***** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Total revenue growth accelerated to 30%, the highest rate since fiscal 2024, driven by broad-based strength across both Atlas and Enterprise Advanced (EA).
Management attributes the 36% growth in EA to the strategic launch of search and vector search capabilities, allowing regulated industries to build AI agents within governed, self-managed environments.
The 'run-anywhere' strategy is serving as a key differentiator, with customers increasingly adopting hybrid deployments across multiple clouds and on-premises to satisfy regulatory and operational resilience requirements.
Atlas momentum is being fueled by large enterprise customers and 'AI natives' who migrate to MongoDB after hitting scaling limits with legacy relational databases like Postgres.
#search
Total revenue growth accelerated to 30%, the highest rate since fiscal 2024, driven by broad-based strength across both Atlas and Enterprise Advanced (EA).
Management attributes the 36% growth in EA to the strategic launch of search and vector search capabilities, allowing regulated industries to build AI agents within governed, self-managed environments.
The 'run-anywhere' strategy is serving as a key differentiator, with customers increasingly adopting hybrid deployments across multiple clouds and on-premises to satisfy regulatory and operational resilience requirements.
Atlas momentum is being fueled by large enterprise customers and 'AI natives' who migrate to MongoDB after hitting scaling limits with legacy relational databases like Postgres.
#search
2 months ago
Dow Jones futures turned higher early Wednesday, while S&P 500 futures and Nasdaq futures fell but off lows as oil prices reversed lower. Dell Technologies, Palo Alto Networks, Credo Technology and MongoDB are notable overnight earnings movers.
The stock market rally came under further pressure with the Dow Jones and S&P 500 dropping below key levels. Crude oil prices jumped on fresh U.S.-Iran attacks while Treasury yields also moved higher.
Software had a tough session, with CrowdStrike (CRWD). Miners continued to slide, along with underlying metal prices, including Ero Copper (ERO)
Apple (AAPL) flashed a buy signal. So did Canadian Natural Resources (CNQ), Tidewater (TDW), CF Industries (CF) and Nutrien (NTR).
The video embedded in the article reviews Tuesday's market action and ******* yzes Apple stock, Canadian Natural Resources and Ero Copper. CF Industries is on Leaderboard. Canadian Natural Resources was Tuesday's IBD Stock Of The Day.
#copper #industries
The stock market rally came under further pressure with the Dow Jones and S&P 500 dropping below key levels. Crude oil prices jumped on fresh U.S.-Iran attacks while Treasury yields also moved higher.
Software had a tough session, with CrowdStrike (CRWD). Miners continued to slide, along with underlying metal prices, including Ero Copper (ERO)
Apple (AAPL) flashed a buy signal. So did Canadian Natural Resources (CNQ), Tidewater (TDW), CF Industries (CF) and Nutrien (NTR).
The video embedded in the article reviews Tuesday's market action and ******* yzes Apple stock, Canadian Natural Resources and Ero Copper. CF Industries is on Leaderboard. Canadian Natural Resources was Tuesday's IBD Stock Of The Day.
#copper #industries
2 months ago
On September 2, Rosenblatt raised its price target on MongoDB, Inc. (NASDAQ:MDB) from $395 to $445 while maintaining a Buy rating. This update came after the company reported its second-quarter fiscal 2027 results. The company delivered stronger-than-expected revenue growth, improved profitability and raised its full-year outlook.
MongoDB, Inc. (NASDAQ:MDB) reported second-quarter revenue growth of 30%, surpassing both Rosenblatt's estimate and consensus expectations by about 5%. However, the stock declined more than 12% in pre-market trading following the results, as investors focused on the pace of growth in the company's Atlas cloud business.
Bull Case
The company's Atlas business grew 29% year-over-year and accounted for 73% of total revenue, with its run-rate surpassing $2 billion. This growth was ahead of Rosenblatt's estimate of 26%. MongoDB, Inc.'s (NASDAQ:MDB) non-Atlas on-premise business grew 36% year-over-year.
Customer growth also remained strong as the company added a record 2,900 customers in the second quarter. The number of Voyage customers nearly doubled from the previous quarter. MongoDB, Inc. (NASDAQ:MDB) also reported a non-GAAP operating margin of 24%, up significantly from 15% a year ago, to beat Rosenblatt's estimate of 21%.
#year #mongodb #reported #revenue
MongoDB, Inc. (NASDAQ:MDB) reported second-quarter revenue growth of 30%, surpassing both Rosenblatt's estimate and consensus expectations by about 5%. However, the stock declined more than 12% in pre-market trading following the results, as investors focused on the pace of growth in the company's Atlas cloud business.
Bull Case
The company's Atlas business grew 29% year-over-year and accounted for 73% of total revenue, with its run-rate surpassing $2 billion. This growth was ahead of Rosenblatt's estimate of 26%. MongoDB, Inc.'s (NASDAQ:MDB) non-Atlas on-premise business grew 36% year-over-year.
Customer growth also remained strong as the company added a record 2,900 customers in the second quarter. The number of Voyage customers nearly doubled from the previous quarter. MongoDB, Inc. (NASDAQ:MDB) also reported a non-GAAP operating margin of 24%, up significantly from 15% a year ago, to beat Rosenblatt's estimate of 21%.
#year #mongodb #reported #revenue
2 months ago
Interested in MongoDB, Inc.? Here are five stocks we like better.
MongoDB's fiscal Q2 2027 revenue rose 30% to $772 million, driven by accelerating Atlas cloud database and Enterprise Advanced demand. The company added a record 2,900 customers, reaching 70,600 total customers, while its non-GAAP operating margin expanded to 24%.
AI adoption is gaining momentum through Atlas Vector Search, Voyage AI models and the company's managed Model Context Protocol server. Management said the strongest demand is coming from production-scale, customer-facing applications, although AI remains a relatively small contributor today.
MongoDB raised its fiscal 2027 outlook to $2.99 billion–$3.03 billion in revenue and increased its Atlas growth and operating-margin expectations. Enterprise Advanced revenue grew 36% year over year and is becoming a more durable growth driver alongside Atlas.
5 Stocks to Buy in September Before Wall Street Catches On
#mongodb #advanced #customers
MongoDB's fiscal Q2 2027 revenue rose 30% to $772 million, driven by accelerating Atlas cloud database and Enterprise Advanced demand. The company added a record 2,900 customers, reaching 70,600 total customers, while its non-GAAP operating margin expanded to 24%.
AI adoption is gaining momentum through Atlas Vector Search, Voyage AI models and the company's managed Model Context Protocol server. Management said the strongest demand is coming from production-scale, customer-facing applications, although AI remains a relatively small contributor today.
MongoDB raised its fiscal 2027 outlook to $2.99 billion–$3.03 billion in revenue and increased its Atlas growth and operating-margin expectations. Enterprise Advanced revenue grew 36% year over year and is becoming a more durable growth driver alongside Atlas.
5 Stocks to Buy in September Before Wall Street Catches On
#mongodb #advanced #customers
2 months ago
MDB's Atlas platform grew 29% YoY and free cash flow surged 308% to $493M, driving 31 of 40 **** ysts to rate shares a Buy.
MDB trades at an 8.63x price-to-sales ratio versus SNOW's 12.28x, suggesting valuation upside if September 1 earnings execution holds.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and MongoDB didn't make the cut. Grab the names FREE today.
MongoDB (NASDAQ:MDB) has had a turbulent first half of 2026. But since the end of June, the stock has rallied and is now up more than 14% since July 1. In just the past month, shares have gained 32.46% but remain well off the 52-week high of $473.10.
Analysts' consensus target is $441.75 versus a share price of $410.24 on Tuesday, Aug. 25, reflecting cautious optimism. Here's what investors will want to watch in the lead-up to MongoDB's Q2 2027 earnings report on Sept. 1.
#atlas
MDB trades at an 8.63x price-to-sales ratio versus SNOW's 12.28x, suggesting valuation upside if September 1 earnings execution holds.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and MongoDB didn't make the cut. Grab the names FREE today.
MongoDB (NASDAQ:MDB) has had a turbulent first half of 2026. But since the end of June, the stock has rallied and is now up more than 14% since July 1. In just the past month, shares have gained 32.46% but remain well off the 52-week high of $473.10.
Analysts' consensus target is $441.75 versus a share price of $410.24 on Tuesday, Aug. 25, reflecting cautious optimism. Here's what investors will want to watch in the lead-up to MongoDB's Q2 2027 earnings report on Sept. 1.
#atlas
