Technology
InventHelp Inventor Develops Improved Cell Phone Screen Protector (TLS-790)
Published
1 year agoon
By
PITTSBURGH, March 31, 2025 /PRNewswire/ — “I thought there should be a way to offer a clearer view of your phone screen, especially for individuals who are farsighted and also diminish the need to constantly search for your reading glasses,” said an inventor, from Ruskin, Fla., “so I invented the READ – EZ. My modified screen protector design could eliminate the need for separate reading glasses when using a cell phone.”
The patent-pending invention provides an improved design for a cell phone screen protector. In doing so, it offers a convenient way to enhance or magnify the user’s view of the text/screen. As a result, it eliminates the need for reading glasses when viewing the phone. It also would help protect the screen against scratches and damage. The invention features a two-in-one design that is easy to apply and use so it is ideal for cell phone owners who are farsighted and those who use reading glasses. Additionally, it is producible in design variations.
The original design was submitted to the Tallahassee sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 23-TLS-790, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp
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Technology
A-LIGN acquires Pathfynder, adding offensive security depth for enterprises with complex security needs
Published
39 minutes agoon
September 1, 2026By
Veteran-owned elite cybersecurity team expands A-LIGN’s ability to help organizations move beyond compliance and stay ahead of real-world attackers
TAMPA, Fla., Sept. 1, 2026 /PRNewswire/ — A-LIGN, the leading cybersecurity compliance company, today announced its acquisition of Pathfynder, a specialized offensive and defensive cybersecurity firm. The acquisition expands A-LIGN’s service offerings for enterprises looking to strengthen their security posture and reduce the risk of cyberattacks.
The acquisition comes as enterprises face an increasingly costly, fast-moving, and AI-accelerated threat landscape. As attackers grow more sophisticated and persistent, compliance alone is no longer enough. Countering AI-enabled attacks takes both skilled people and advanced technology working together, and organizations need to know if their defenses can hold up against real adversaries.
Pathfynder, a veteran-owned company, employs a team of elite specialists with decades of cybersecurity, military, and intelligence community experience. They provide technical offensive and defensive cybersecurity services including network, cloud, and web application penetration testing, red team and adversary emulation, testing of complex and emerging capabilities, and forensics and incident response.
“Since our inception, A-LIGN has believed in the power of combined compliance and technical cybersecurity services under one roof,” said Scott Price, CEO of A-LIGN. “The acquisition of Pathfynder enables A-LIGN to offer customers advanced offensive security services delivered by a team that operates independently from our assurance and assessment practice while leveraging institutional knowledge of the customer to enhance the cybersecurity services.
Pathfynder will remain a highly experienced and specialized team under the A-LIGN parent brand, maintaining its brand as Pathfynder by A-LIGN. This structure preserves the independence between A-LIGN’s assurance and assessment teams and Pathfynder’s penetration testers to protect the integrity of both functions.
For A-LIGN’s more than 6,400 existing customers, it also means access to advanced, real-world security testing from a trusted partner, without the friction of managing another vendor relationship.
“We are excited to join the A-LIGN team and bring our trusted expertise and proven capabilities to their existing suite of services,” said DJ Fuller, founder of Pathfynder. “We share the same core values and mission: helping companies close security gaps and meet regulatory requirements, so they can reduce the risk of financial and reputational damage from a cyberattack.”
To learn more, visit a-lign.com or pathfynder.io.
About A-LIGN
A-LIGN is the leading cybersecurity compliance partner, trusted by over 6,400 organizations worldwide to navigate the complexities of compliance, audit, and risk. With a tech-enabled delivery model and deep domain expertise, A-LIGN has completed more than 36,000 audits. It is the #1 issuer of SOC 2 reports and a top three FedRAMP assessor. Founded in 2009, A-LIGN delivers high-quality, efficient audits across frameworks including SOC 2, ISO 27001, FedRAMP, CMMC, ISO 42001, PCI, and HITRUST. To learn more, visit: https://www.a-lign.com.
Media Contact
Lindsay Mahaney
a-lign@meetkickstand.com
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SOURCE A-LIGN
Technology
MongoDB, Inc. Announces Second Quarter Fiscal 2027 Financial Results
Published
39 minutes agoon
September 1, 2026By
Second quarter fiscal 2027 total revenue of $771.8 million, up 30% year-over-year
Atlas revenue up approximately 29% year-over-year in the second quarter fiscal 2027
EA & other revenue up approximately 36% year-over-year in the second quarter fiscal 2027
Raising full year fiscal 2027 guidance, with H2 raise mainly due to Atlas
NEW YORK, Sept. 1, 2026 /PRNewswire/ — MongoDB, Inc. (NASDAQ: MDB) today announced its financial results for the second quarter ended July 31, 2026.
“We delivered strong second quarter results, highlighted by 30% year-over-year revenue growth—the highest level of growth in several years—and continued strong profitability. This performance reflects the mission-critical role our platform plays for customers, with strength driven by core enterprise workloads and early momentum with AI use cases. That strength spans our run anywhere strategy across both Atlas and Enterprise Advanced, highlighting the power of our data platform. This gives us the confidence to raise our full year fiscal 2027 guidance,” said CJ Desai, President and Chief Executive Officer of MongoDB.
“Looking ahead, we’re emerging as the intelligent data platform for the AI era—launching powerful retrieval innovations, simplifying how developers connect coding agents to their operational data on MongoDB, and reinforcing our position as the only modern data platform that extends seamlessly from self-managed to any cloud for production applications. These investments sharpen our focus on mission-critical capabilities, giving us high confidence in our ability to drive durable growth.”
“Our second quarter results reflect very strong and growing operating leverage in our business,” said Mike Berry, Chief Financial Officer of MongoDB. “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. We’re also pleased to report our third consecutive quarter of GAAP EPS profitability, highlighting our disciplined approach to driving long-term shareholder value.”
Second Quarter Fiscal 2027 Financial Highlights
Revenue: Total revenue was $771.8 million for the second quarter of fiscal 2027, an increase of 30% year-over-year. Subscription revenue was $747.1 million, an increase of 31% year-over-year, and services revenue was $24.6 million, an increase of 29% year-over-year.Gross Profit: Gross profit was $569.8 million for the second quarter of fiscal 2027, representing a 74% gross margin compared to 71% in the year-ago period. Non-GAAP gross profit was $585.7 million, representing a 76% non-GAAP gross margin, compared to non-GAAP gross margin of 74% in the year-ago period.Income (Loss) from Operations: 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. Non-GAAP income from operations was $185.9 million, compared to non-GAAP income from operations of $86.8 million in the year-ago period.Net Income (Loss): Net income was $40.9 million, or $0.50 per share, based on 82.0 million diluted weighted-average shares outstanding, for the second quarter of fiscal 2027. This compares to a net loss of $47.0 million, or $0.58 per share, based on 81.1 million basic and diluted weighted-average shares outstanding in the year-ago period. Non-GAAP net income was $162.6 million, or $1.90 per share, based on 85.8 million fully diluted weighted-average shares outstanding. This compares to a non-GAAP net income of $87.2 million, or $1.00 per share, based on 87.1 million fully diluted weighted-average shares outstanding in the year-ago period.Remaining Performance Obligations (“RPO”): RPO was $1,519.2 million, an increase of 91% year-over-year. Current Remaining Performance Obligations (“cRPO”) was $797.3 million, an increase of 73% year-over-year.Cash Flow: As of July 31, 2026, MongoDB had $2.4 billion in cash, cash equivalents, short-term investments and restricted cash. During the three months ended July 31, 2026, MongoDB generated $141.9 million of cash from operations, compared to $72.1 million in the year-ago period. MongoDB used $2.5 million of cash in capital expenditures and used $1.8 million of cash in principal payments of finance leases, leading to free cash flow of $137.6 million, compared to $69.9 million in the year-ago period.
A reconciliation of each non-GAAP measure to the most directly comparable GAAP measure has been provided in the financial statement tables included at the end of this press release. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures.”
Second Quarter Fiscal 2027 Recent Business Highlights
MongoDB Search and Vector Search are now generally available in MongoDB Enterprise Advanced, bringing the retrieval capabilities MongoDB Atlas customers use to build AI applications in the cloud to self-managed, private cloud, and hybrid environments—with the same platform, APIs, and technical skills across deployment models.MongoDB launched the Atlas Managed MCP Server at .local San Francisco Build Fest, a fully hosted service that connects coding agents—including Claude Code, Codex, Grok Build, and Devin by Cognition—to live MongoDB Atlas data without requiring customers to deploy or manage additional infrastructure.MongoDB announced the general availability of four capabilities that improve AI retrieval in MongoDB Atlas: Automated Embeddings powered by Voyage AI, the Atlas Embedding and Reranking API, voyage-code-4, and Vector Search in Atlas Stream Processing. Together, they help developers build AI applications that can retrieve accurate, up-to-date information from operational and streaming data.At MongoDB.local Bengaluru, MongoDB announced plans to upskill two million Indian builders by 2030, expanding the MongoDB for Academia program in India, which has trained more than 650,000 students since 2023. The expansion will help equip the next generation of builders with the cloud, data, and AI skills required to scale India’s digital economy.MongoDB was named a Leader in The Forrester Wave™: Multimodel Data Platforms, Q2 2026. Forrester reiterated that MongoDB’s robust vision is to be the data platform for the AI era, said that the company’s compelling roadmap advances AI-native capabilities, and noted that MongoDB is investing heavily in AI research and strategic acquisitions to ensure its innovations consistently meet the evolving needs of AI.
Third Quarter Fiscal 2027 Guidance
Based on information available to management as of today, September 1, 2026, MongoDB is issuing the following financial guidance for the third quarter fiscal 2027.
Revenues are expected to be in the range of:
$756 million to $761 million
GAAP
Non-GAAP
Income (Loss) from Operations are expected to be in the range of:
$(14.5) million to
$(10.5) million
$152.0 million to
$156.0 million
Net Income per Share is expected to be in the range of:
$0.00 to $0.05
$1.57 to $1.61
Full Year Fiscal 2027 Guidance
Based on information available to management as of today, September 1, 2026, MongoDB is issuing the following financial guidance for the full year fiscal 2027.
Revenues are expected to be in the range of:
$2.99 billion to $3.03 billion
GAAP
Non-GAAP
Income (Loss) from Operations are expected to be in the range of:
$(28.0) million to
$(8.0) million
$616.3 million to
$636.3 million
Net Income per Share is expected to be in the range of:
$0.53 to $0.77
$6.39 to $6.58
Conference Call Information
MongoDB will host a conference call today, September 1, 2026, at 5:00 p.m. (Eastern Time) to discuss its financial results and business outlook. A live webcast of the call will be available on the “Investor Relations” page of MongoDB’s website at https://investors.mongodb.com. To access the call by phone, please go to this link (registration link), and you will be provided with dial in details. To avoid delays, the Company encourages participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A replay of the webcast will also be available for a limited time at https://investors.mongodb.com.
Forward-Looking Statements
This press release includes certain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements concerning MongoDB’s financial guidance for the third fiscal quarter and full year fiscal 2027. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts and statements identified by words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “will,” “would” or the negative or plural of these words or similar expressions or variations. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions the Company has made. Although the Company believes that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, the Company can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and are subject to a variety of assumptions, uncertainties, risks and factors that are beyond our control including, without limitation: our customers renewing their subscriptions with us and expanding their usage of software and related services; global political changes; the effects of the ongoing geopolitical instability resulting from the conflict in Iran, the unrest in Mexico, the conflicts between Russia and Ukraine, Israel and Hamas and recent events in Venezuela on our business and future operating results; economic downturns and/or the effects of rising interest rates, inflation and volatility in the global economy and financial markets on our business and future operating results; our ability to remain profitable and grow in a constantly changing market; our potential failure to meet publicly announced guidance or other expectations about our business and future operating results; reputational harm or other adverse consequences resulting from use of artificial intelligence (“AI”) and machine learning (“ML”) in our product offerings and internal operations if they don’t produce the desired benefits; our limited operating history; our history of losses; our potential failure to repurchase shares of our common stock at favorable prices, if at all; failure of our platform to satisfy customer demands; the effects of increased competition; our investments in new products and our ability to introduce new features, services or enhancements, including AI and ML, for both traditional and emerging use cases; our ability to effectively expand our sales and marketing organization; our ability to continue to build and maintain credibility with the developer community; our ability to add new customers or increase sales to our existing customers; our ability to maintain, protect, enforce and enhance our intellectual property; our ability to continue to increase revenue from our Atlas platform; the effects of social, ethical, security and regulatory issues relating to the use of new and evolving technologies, such as AI and ML, in our offerings or partnerships; the possibility that the market for AI-related data infrastructure may not develop as we expect or may favor alternative architectures or competitors; the growth and expansion of the market for database products and our ability to penetrate that market; our ability to maintain the security of our software and adequately address privacy concerns; our ability to manage our growth effectively and successfully recruit and retain additional highly-qualified personnel; our ability to integrate acquisitions and work with our strategic partners effectively; and the price volatility of our common stock. These and other risks and uncertainties are more fully described in our filings with the Securities and Exchange Commission (“SEC”), including under the caption “Risk Factors” in our Quarterly Report on Form 10-Q for the quarter ended April 30, 2026, filed with the SEC on May 29, 2026. Additional information will be made available in our Quarterly Report on Form 10-Q for the quarter ended July 31, 2026, and other filings and reports that the Company may file from time to time with the SEC. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, changes in expectations or otherwise.
Non-GAAP Financial Measures
This press release includes the following financial measures defined as non-GAAP financial measures by the SEC: non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income from operations, non-GAAP operating margin, non-GAAP net income, non-GAAP net income per share, and free cash flow. Non-GAAP gross profit and non-GAAP gross margin exclude expenses associated with stock-based compensation. Non-GAAP operating expenses, non-GAAP income from operations, non-GAAP operating margin, non-GAAP net income and non-GAAP net income per share, exclude:
expenses associated with stock-based compensation including employer payroll taxes upon the vesting and exercising of stock-based awards and expenses related to stock appreciation rights previously issued to our employees in China;amortization of intangible assets for the acquired technology and acquired customer relationships associated with prior acquisitions;certain acquisition-related costs and other, including due diligence costs, professional fees in connection with an acquisition and certain integration-related expenses. These expenses are unpredictable, and dependent on factors that may be outside of our control and unrelated to the continuing operations of the acquired business or our Company. In addition, the size and complexity of an acquisition, which often drives the magnitude of acquisition-related costs, may not be indicative of such future costs;legal costs and settlement fees incurred in connection with non-ordinary course litigation, particularly ongoing securities litigation, which are not considered indicative of core operating performance;restructuring costs associated with a formal restructuring plan that are primarily related to workforce reductions. The Company excludes these expenses because they are not reflective of ordinary course ongoing business and operating results; andin the case of non-GAAP net income and non-GAAP net income per share, amortization of the debt issuance costs associated with our convertible senior notes and gains or losses on our financial instruments;additionally, non-GAAP net income and non-GAAP net income per share, are adjusted for an assumed provision for income taxes based on an estimated long-term non-GAAP tax rate as well as the tax charges or benefits resulting from the integration of intellectual property from acquisitions. The non-GAAP tax rate was calculated utilizing a three-year financial projection that excludes the direct impact of the GAAP to non-GAAP adjustments and considers other factors such as operating structure and existing tax positions in various jurisdictions. The Company intends to periodically reevaluate the projected long-term tax rate, as necessary, for significant events and our ongoing analysis of relevant tax law changes.
MongoDB uses these non-GAAP financial measures internally in analyzing its financial results and believes they are useful to investors, as a supplement to GAAP measures, in evaluating MongoDB’s ongoing operational performance. MongoDB believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing its financial results with other companies in MongoDB’s industry, many of which may present similar non-GAAP financial measures to investors.
Free cash flow represents net cash from/used in operating activities, less capital expenditures, principal payments of finance lease liabilities and capitalized software development costs, if any. MongoDB uses free cash flow to understand and evaluate its liquidity and to generate future operating plans. The exclusion of capital expenditures, principal payments of finance lease liabilities and amounts capitalized for software development facilitates comparisons of MongoDB’s liquidity on a period-to-period basis and excludes items that it does not consider to be indicative of its liquidity. MongoDB believes that free cash flow is a measure of liquidity that provides useful information to investors in understanding and evaluating the strength of its liquidity and future ability to generate cash that can be used for strategic opportunities or investing in its business in the same manner as MongoDB’s management and board of directors.
Non-GAAP financial measures have limitations as an analytical tool and should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. In particular, other companies may report non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income from operations, non-GAAP net income, non-GAAP net income per share, free cash flow or similarly titled measures but calculate them differently, which reduces their usefulness as comparative measures. Investors are encouraged to review the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures, as presented below. This earnings press release and any future releases containing such non-GAAP reconciliations can also be found on the Investor Relations page of MongoDB’s website at https://investors.mongodb.com.
Definitions
Remaining Performance Obligations
Remaining performance obligations represent the aggregate amount of the transaction price in contracts allocated to performance obligations not delivered, or partially undelivered, as of the end of the reporting period. Remaining performance obligations include unearned revenue, multi-year contracts with future installment payments and certain unfulfilled orders against accepted customer contracts at the end of any given period. The Company applies the practical expedient to omit disclosure with respect to the amount of the transaction price allocated to remaining performance obligations if the related contract has a total duration of 12 months or less.
About MongoDB
Headquartered in New York, MongoDB’s mission is to empower innovators to create, transform, and disrupt industries with software and data. MongoDB’s unified, intelligent data platform was built to power the next generation of applications, and MongoDB is the most widely available, globally distributed database on the market. With integrated capabilities for operational data, search, real-time analytics, and AI-powered retrieval, MongoDB helps organizations everywhere move faster, innovate more efficiently, and simplify complex architectures. Millions of developers and more than 70,600 customers across almost every industry—including approximately 75% of the Fortune 100—rely on MongoDB for their most important applications. To learn more, visit https://mongodb.com.
Investor Relations
Jess Lubert
jess.lubert@mongodb.com
Media Relations
MongoDB
press@mongodb.com
MONGODB, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands of U.S. dollars, except share and per share data)
(unaudited)
July 31, 2026
January 31, 2026
Assets
Current assets:
Cash and cash equivalents
$ 1,002,401
$ 1,083,540
Short-term investments
1,408,853
1,303,701
Accounts receivable, net of allowance for doubtful accounts
458,221
499,002
Deferred commissions
130,874
131,442
Prepaid expenses and other current assets
125,637
97,170
Total current assets
3,125,986
3,114,855
Property and equipment, net
38,988
39,773
Operating lease right-of-use assets
24,790
28,978
Goodwill
204,151
191,397
Intangible assets, net
30,731
34,502
Deferred tax assets
25,096
26,021
Other assets
327,946
323,322
Total assets
$ 3,777,688
$ 3,758,848
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable
$ 17,689
$ 20,269
Accrued compensation and benefits
146,031
143,046
Operating lease liabilities
9,371
9,259
Other accrued liabilities
129,812
109,803
Deferred revenue
339,462
387,119
Total current liabilities
642,365
669,496
Deferred tax liability
358
352
Operating lease liabilities
19,224
23,600
Deferred revenue
108,233
83,588
Other liabilities
27,527
29,454
Total liabilities
797,707
806,490
Stockholders’ equity:
Common stock
82
81
Additional paid-in capital
4,846,747
5,345,494
Treasury stock
—
(494,569)
Accumulated other comprehensive income (loss)
(367)
13,207
Accumulated deficit
(1,866,481)
(1,911,855)
Total stockholders’ equity
2,979,981
2,952,358
Total liabilities and stockholders’ equity
$ 3,777,688
$ 3,758,848
MONGODB, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands of U.S. dollars, except share and per share data)
(unaudited)
Three Months Ended July 31,
Six Months Ended July 31,
2026
2025
2026
2025
Revenue:
Subscription
$ 747,147
$ 572,355
$ 1,413,285
$ 1,103,810
Services
24,626
19,047
46,104
36,606
Total revenue
771,773
591,402
1,459,389
1,140,416
Cost of revenue:
Subscription(1)
174,251
139,949
339,158
269,534
Services(1)
27,757
31,479
54,291
59,935
Total cost of revenue
202,008
171,428
393,449
329,469
Gross profit
569,765
419,974
1,065,940
810,947
Operating expenses:
Sales and marketing(1)
253,071
244,065
502,405
464,988
Research and development(1)
213,874
181,739
414,283
350,568
General and administrative(1)
74,420
59,464
145,656
114,239
Total operating expenses
541,365
485,268
1,062,344
929,795
Income (loss) from operations
28,400
(65,294)
3,596
(118,848)
Other income, net
17,545
22,174
51,143
42,404
Income (loss) before provision for income taxes
45,945
(43,120)
54,739
(76,444)
Provision for income taxes
5,005
3,928
9,365
8,230
Net income (loss)
$ 40,940
$ (47,048)
$ 45,374
$ (84,674)
Net income (loss) per share
Basic
$ 0.51
$ (0.58)
$ 0.56
$ (1.04)
Diluted
$ 0.50
$ (0.58)
$ 0.55
$ (1.04)
Weighted-average shares used to compute net
income (loss) per share
Basic
80,497,631
81,078,234
80,400,680
81,304,435
Diluted
81,995,492
81,078,234
81,850,579
81,304,435
(1) Includes stock‑based compensation expense as follows:
Three Months Ended July 31,
Six Months Ended July 31,
2026
2025
2026
2025
Cost of revenue—subscription
$ 9,205
$ 8,831
$ 18,093
$ 17,226
Cost of revenue—services
3,424
4,273
6,216
8,167
Sales and marketing
35,722
36,265
68,403
75,367
Research and development
74,506
75,113
145,214
141,518
General and administrative
26,082
15,918
48,843
30,553
Total stock‑based compensation expense
$ 148,939
$ 140,400
$ 286,769
$ 272,831
MONGODB, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands of U.S. dollars)
(unaudited)
Three Months Ended July 31,
Six Months Ended July 31,
2026
2025
2026
2025
Cash flows from operating activities
Net income (loss)
$ 40,940
$ (47,048)
$ 45,374
$ (84,674)
Adjustments to reconcile net income (loss) to net cash
provided by operating activities:
Depreciation and amortization
5,940
5,677
11,495
10,986
Stock-based compensation
148,939
140,400
286,769
272,831
Amortization of finance right-of-use assets
993
993
1,987
1,986
Amortization of operating right-of-use assets
2,600
2,841
5,178
5,599
Deferred income taxes
(30)
(1,159)
(11)
(1,134)
Amortization of premium and accretion of discount on
short-term investments, net
(804)
(2,739)
(1,888)
(6,539)
Realized and unrealized loss (gain) on financial instruments, net
(196)
—
(16,616)
272
Unrealized foreign exchange loss
519
(759)
667
1,211
Change in operating assets and liabilities:
Accounts receivable, net
(69,256)
(38,090)
43,695
41,805
Prepaid expenses and other current assets
(8,006)
317
(21,394)
(4,656)
Deferred commissions
(2,121)
6,728
10,118
14,500
Other long-term assets
(10,222)
1,525
(9,097)
(11,068)
Accounts payable
(23,273)
1,040
(2,777)
(1,438)
Accrued liabilities
43,093
16,751
20,291
(2,602)
Operating lease liabilities
(2,924)
(2,063)
(5,400)
(4,751)
Deferred revenue
15,681
(9,906)
(24,183)
(49,530)
Other liabilities, non-current
5
(2,403)
(699)
(764)
Net cash provided by operating activities
141,878
72,105
343,509
182,034
Cash flows from investing activities
Purchases of property, equipment and other assets
(2,472)
(537)
(4,791)
(2,148)
Investments in non-marketable securities
—
(3,500)
(3,000)
(8,322)
Business combination, net of cash acquired
(9,237)
—
(9,237)
(2,032)
Proceeds from maturities of marketable securities
362,000
292,310
621,800
490,970
Proceeds from non-marketable securities
—
—
10,718
—
Purchases of marketable securities
(387,002)
(198,668)
(739,124)
(337,292)
Net cash provided by (used in) investing activities
(36,711)
89,605
(123,634)
141,176
Cash flows from financing activities
Repurchases of common stock
(99,999)
(194,446)
(200,254)
(194,446)
Proceeds from the issuance of common stock under the
Employee Stock Purchase Plan
23,948
22,917
23,948
22,917
Proceeds from exercise of stock options
262
1,210
723
1,789
Taxes paid related to net share settlement of equity
awards
(59,356)
—
(117,673)
—
Principal payments of finance leases
(1,790)
(1,691)
(3,554)
(4,085)
Net cash used in financing activities
(136,935)
(172,010)
(296,810)
(173,825)
Effect of exchange rate changes on cash, cash equivalents
and restricted cash
(2,180)
68
(3,878)
8,068
Net increase (decrease) in cash, cash equivalents and
restricted cash
(33,948)
(10,232)
(80,813)
157,453
Cash, cash equivalents and restricted cash, beginning of
period
1,039,760
660,438
1,086,625
492,753
Cash, cash equivalents and restricted cash, end of period
$ 1,005,812
$ 650,206
$ 1,005,812
$ 650,206
MONGODB, INC.
RECONCILIATION OF GAAP MEASURES TO NON-GAAP MEASURES
(in thousands of U.S. dollars, except share and per share data)
(unaudited)
Three Months Ended July 31,
Six Months Ended July 31,
2026
2025
2026
2025
Reconciliation of GAAP gross profit to non-GAAP
gross profit:
Gross profit on a GAAP basis
$ 569,765
$ 419,974
$ 1,065,940
$ 810,947
Gross margin (Gross profit/Total revenue) on a GAAP
basis
74 %
71 %
73 %
71 %
Add back:
Expenses associated with stock-based compensation:
Cost of Revenue—Subscription
9,324
8,900
18,471
17,522
Expenses associated with stock-based compensation:
Cost of Revenue—Services
3,605
4,438
7,581
9,024
Restructuring
—
89
—
89
Amortization of intangible assets
3,025
3,025
5,951
5,392
Non-GAAP gross profit
$ 585,719
$ 436,426
$ 1,097,943
$ 842,974
Non-GAAP gross margin (Non-GAAP gross
profit/Total revenue)
76 %
74 %
75 %
74 %
Reconciliation of GAAP operating expenses to non-
GAAP operating expenses:
Sales and marketing operating expense on a GAAP
basis
$ 253,071
$ 244,065
$ 502,405
$ 464,988
Less:
Expenses associated with stock-based compensation
37,146
37,689
71,409
77,593
Restructuring
—
4,524
357
4,524
Amortization of intangible assets
185
—
185
—
Non-GAAP sales and marketing operating expense
$ 215,740
$ 201,852
$ 430,454
$ 382,871
Research and development operating expense on a
GAAP basis
$ 213,874
$ 181,739
$ 414,283
$ 350,568
Less:
Expenses associated with stock-based compensation
76,505
76,290
149,725
144,467
Restructuring
—
159
—
159
Amortization of intangible assets
—
170
113
340
Certain acquisition-related costs and other
—
—
—
40
Non-GAAP research and development operating
expense
$ 137,369
$ 105,120
$ 264,445
$ 205,562
General and administrative operating expense on a
GAAP basis
$ 74,420
$ 59,464
$ 145,656
$ 114,239
Less:
Expenses associated with stock-based compensation
26,831
16,826
50,501
32,056
Legal fees related to securities litigation
581
—
581
—
Certain acquisition-related costs and other
276
—
579
1,890
Non-GAAP general and administrative operating expense
$ 46,732
$ 42,638
$ 93,995
$ 80,293
Reconciliation of GAAP income (loss) from operations to non-
GAAP income from operations:
Income (loss) from operations on a GAAP basis
$ 28,400
$ (65,294)
$ 3,596
$ (118,848)
GAAP operating margin (Income (loss) from operations/Total
revenue)
4 %
(11) %
— %
(10) %
Add back:
Expenses associated with stock-based compensation
153,411
144,143
297,687
280,662
Restructuring
—
4,772
357
4,772
Amortization of intangible assets
3,210
3,195
6,249
5,732
Legal fees related to securities litigation
581
—
581
—
Certain acquisition-related costs and other
276
—
579
1,930
Non-GAAP income from operations
$ 185,878
$ 86,816
$ 309,049
$ 174,248
Non-GAAP operating margin (Non-GAAP income
from operations/Total revenue)
24 %
15 %
21 %
15 %
Reconciliation of GAAP net income (loss) to non-
GAAP net income:
Net income (loss) on a GAAP basis
$ 40,940
$ (47,048)
$ 45,374
$ (84,674)
Add back:
Expenses associated with stock-based compensation
153,411
144,143
297,687
280,662
Restructuring
—
4,772
357
4,772
Amortization of intangible assets
3,210
3,195
6,249
5,732
Legal fees related to securities litigation
581
—
581
—
Certain acquisition-related costs and other
276
—
579
1,930
Less:
Gains (loss) on financial instruments, net
196
—
16,616
(272)
Income tax effects and adjustments *
35,640
17,870
59,350
35,155
Non-GAAP net income
$ 162,582
$ 87,192
$ 274,861
$ 173,539
Reconciliation of GAAP net income (loss) per share, diluted,
to non-GAAP net income per share, fully diluted:
Net income (loss) per share, diluted, on a GAAP basis
$ 0.50
$ (0.58)
$ 0.55
$ (1.04)
Add back:
Expenses associated with stock-based compensation
1.91
1.78
3.70
3.45
Restructuring
—
0.06
—
0.06
Amortization of intangible assets
0.04
0.04
0.08
0.07
Legal fees related to securities litigation
0.01
—
0.01
—
Certain acquisition-related costs and other
0.01
—
0.01
0.02
Less:
Gains (loss) on financial instruments, net
—
—
0.21
—
Income tax effects and adjustments *
0.44
0.22
0.74
0.43
Non-GAAP net income per share, diluted
$ 2.03
$ 1.08
$ 3.40
$ 2.13
Adjustment for fully diluted earnings per share
(0.13)
(0.08)
(0.19)
(0.13)
Non-GAAP net income per share, fully diluted **
$ 1.90
$ 1.00
$ 3.21
$ 2.00
* Non-GAAP financial information is adjusted for an assumed provision for income taxes based on our long-term projected tax rate of 20%. Due to the differences in the tax treatment of items excluded from non-GAAP earnings, our estimated tax rate on non-GAAP income may differ from our GAAP tax rate and from our actual tax liabilities.
** Fully diluted non-GAAP net income per share is calculated based upon 85.8 million and 85.6 million of fully diluted weighted-average shares of outstanding common stock for the three and six months ended July 31, 2026, respectively, and 87.1 million and 87.0 million of fully diluted weighted-average shares of outstanding common stock for the three and six months ended July 31, 2025, respectively.
The following table presents a reconciliation of free cash flow to net cash provided by operating activities, the most directly comparable GAAP measure, for each of the periods indicated (unaudited, in thousands):
Three Months Ended July 31,
Six Months Ended July 31,
2026
2025
2026
2025
Net cash provided by operating activities
$ 141,878
$ 72,105
$ 343,509
$ 182,034
Capital expenditures
(2,472)
(537)
(4,791)
(2,148)
Principal payments of finance leases
(1,790)
(1,691)
(3,554)
(4,085)
Free cash flow
$ 137,616
$ 69,877
$ 335,164
$ 175,801
MONGODB, INC.
RECONCILIATION OF GAAP GUIDANCE TO NON-GAAP GUIDANCE
THIRD QUARTER & FULL YEAR FISCAL 2027
(in millions of U.S. dollars, except share and per share data)
(unaudited)
Third Quarter
Fiscal 2027
Full Year
Fiscal 2027
Income (loss) from operations – GAAP guidance
$(14.5) to $(10.5)
$(28.0) to $(8.0)
Add back:
Expenses associated with stock-based compensation
162.7
628.9
Restructuring
—
0.4
Amortization of intangible assets
3.2
12.6
Legal fees related to securities litigation
0.5
1.6
Certain acquisition-related costs and other
0.1
0.8
Income (loss) from operations – non-GAAP guidance
$152.0 to $156.0
$616.3 to $636.3
Third Quarter
Fiscal 2027
Full Year
Fiscal 2027
Net income per share – GAAP guidance
$0.00 to $0.05
$0.53 to $0.77
Add back:
Expenses associated with stock-based compensation
1.95
7.60
Restructuring
—
0.01
Amortization of intangible assets
0.04
0.16
Legal fees related to securities litigation
0.01
0.02
Certain acquisition-related costs and other
—
0.01
Less:
Gains (loss) on financial instruments, net
—
0.21
Income tax effects and adjustments*
0.36 to 0.37
1.45 to 1.50
Adjustment for fully diluted earnings per share
(0.07)
(0.28)
Net income per share – non-GAAP guidance
$1.57 to $1.61
$6.39 to $6.58
* Non-GAAP financial information is adjusted for an assumed provision for income taxes based on our long-term projected tax rate of 20%. Due to the differences in the tax treatment of items excluded from non-GAAP earnings, our estimated tax rate on non-GAAP income may differ from our GAAP tax rate and from our actual tax liabilities.
MONGODB, INC.
CUSTOMER COUNT METRICS
(unaudited)
The following table presents certain customer count information as of the periods indicated:
7/31/2024
10/31/2024
1/31/2025
4/30/2025
7/31/2025
10/31/2025
1/31/2026
4/30/2026
7/31/2026
Total Customers(a)
50,700+
52,600+
54,500+
57,100+
59,900+
62,500+
65,200+
67,700+
70,600+
MongoDB Atlas Customers
49,200+
51,100+
53,100+
55,800+
58,500+
61,200+
63,900+
66,400+
69,300+
Customers over $100K(b)
2,189
2,314
2,396
2,506
2,564
2,694
2,799
2,895
2,999
(a) Our definition of “customer” excludes users of our free offerings and all affiliated entities are counted as a single customer.
(b) Represents the number of customers with $100,000 or greater in annualized recurring revenue (“ARR”). ARR includes the revenue we expect to receive from our customers over the following 12 months based on contractual commitments and, in the case of Direct Sales Customers of Atlas, by annualizing the prior 90 days of their actual consumption of Atlas, assuming no increases or reductions in their subscriptions or usage. For all other customers of our self-serve products, we calculate ARR by annualizing the prior 30 days of their actual consumption of such products, assuming no increases or reductions in usage. ARR excludes professional services.
MONGODB, INC.
SUPPLEMENTAL REVENUE INFORMATION
(unaudited)
The following table presents certain supplemental revenue information as of the periods indicated:
7/31/2024
10/31/2024
1/31/2025
4/30/2025
7/31/2025
10/31/2025
1/31/2026
4/30/2026
7/31/2026
MongoDB Enterprise
Advanced: % of
Subscription Revenue
24 %
25 %
23 %
22 %
21 %
20 %
21 %
21 %
21 %
The following table presents the Company’s revenues disaggregated by geography, based on address of the Company’s customers (in thousands):
Three Months Ended July 31,
Six Months Ended July 31,
Primary geographical markets:
2026
2025
2026
2025
Americas
$ 478,261
$ 364,245
$ 890,598
$ 697,111
EMEA
$ 210,298
$ 160,960
404,976
311,726
Asia Pacific
83,214
66,197
163,815
131,579
Total
$ 771,773
$ 591,402
$ 1,459,389
$ 1,140,416
The following table presents the Company’s revenues disaggregated by subscription product categories and services (in thousands):
Three Months Ended July 31,
Six Months Ended July 31,
Subscription product categories and services:
2026
2025
2026
2025
Atlas-related
$ 565,916
$ 438,970
$ 1,078,382
$ 834,863
MongoDB Enterprise Advanced and other
181,231
133,385
334,903
268,947
Services
24,626
19,047
46,104
36,606
Total
$ 771,773
$ 591,402
$ 1,459,389
$ 1,140,416
View original content to download multimedia:https://www.prnewswire.com/news-releases/mongodb-inc-announces-second-quarter-fiscal-2027-financial-results-302866656.html
SOURCE MongoDB, Inc.
Technology
Palo Alto Networks Acquires Console to Agentify Security
Published
39 minutes agoon
September 1, 2026By
Transforming how customers benefit from agentic-driven workflows that are purpose-built for the AI era
SANTA CLARA, Calif., Sept. 1, 2026 /PRNewswire/ — Palo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, today announced it has acquired Console, an AI-native platform that enables agentic capabilities. Console is designed to help organizations apply AI-driven analysis and action across their enterprise operations, giving organizations the force multiplier they need to resolve alerts, issues, and requests at machine speed.
As AI reshapes the threat landscape, organizations need a security platform that can operate with speed, context, and operational discipline. Console will help advance this vision by deepening our agentic capabilities in Cortex®, supporting teams as they investigate signals, prioritize work, and take action across their environment.
Nikesh Arora, Chairman and CEO, Palo Alto Networks
“Security operations can no longer be about managing dashboards and queuing tickets just to help humans work faster. By bringing Console into Palo Alto Networks, our customers can have a direct conversation with data and build agentic workflows in natural language that helps alert and remediate issues automatically. This is the shift to software-as-an-agent, giving our platform the arms and legs to deliver autonomous security outcomes across the entire enterprise.”
Andrei Serban, Co-Founder and CEO, Console
“We built Console around a simple idea: people should be able to express an operational goal, and intelligent software should handle the complexity required to achieve it. Our customers have already proven that agents can dramatically slash overhead and transform their business. Joining Palo Alto Networks gives our team the security expertise, platform foundation, and global scale to bring that vision to the world’s largest enterprises. Together, we can make agentic operations faster to adopt, safer to govern, and far more consequential.”
Follow Palo Alto Networks on X, LinkedIn, Facebook and Instagram.
About Palo Alto Networks
Palo Alto Networks (NASDAQ: PANW), the global AI cybersecurity leader, protects our digital way of life with a comprehensive portfolio of cybersecurity solutions and platforms across Network, Cloud, Security Operations, AI and Identity. Trusted by 70,000+ customers and powered by Unit 42 threat intelligence, our AI-driven platforms eliminate complexity, empowering enterprises to modernize with confidence and securing the speed of innovation. Explore the future of security at www.paloaltonetworks.com.
Palo Alto Networks and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners. Any unreleased services or features (and any services or features not generally available to customers) referenced in this or other press releases or public statements are not currently available (or are not yet generally available to customers) and may not be delivered when expected or at all. Customers who purchase Palo Alto Networks applications should make their purchase decisions based on services and features currently generally available.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks, uncertainties, and assumptions, including, but not limited to, statements regarding the anticipated benefits and impact of the acquisition of Console on Palo Alto Networks, Console and their customers. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including, but not limited to: the effect of the announcement of the acquisition on the parties’ commercial relationships and workforce; significant and/or unanticipated difficulties, liabilities or expenditures relating to acquisition, risks related to disruption of management time from ongoing business operations due to the acquisition and the ongoing integration of other recent acquisitions; our ability to effectively operate Console’s operations and business, integrate Console’s business and products into our products, and realize the anticipated synergies in the transaction in a timely manner or at all; changes in the fair value of our contingent consideration liability associated with acquisitions or the fair value of our convertible senior notes and capped call transactions; developments and changes in general market, political, economic and business conditions; failure of our platformization product offerings; risks associated with managing our growth; risks associated with new product, subscription and support offerings; shifts in priorities or delays in the development or release of new product or subscription or other offerings or the failure to timely develop and achieve market acceptance of new products and subscriptions, as well as existing products, subscriptions and support offerings; failure of our product offerings or business strategies in general; defects, errors, or vulnerabilities in our products, subscriptions or support offerings; our customers’ purchasing decisions and the length of sales cycles; our ability to attract and retain new customers; developments and changes in general market, political, economic, and business conditions; our competition; our ability to acquire and integrate other companies, products, or technologies in a successful manner; our debt repayment obligations; and our share repurchase program, which may not be fully consummated or enhance shareholder value, and any share repurchases which could affect the price of our common stock.
Additional risks and uncertainties that could affect our financial results are included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Quarterly Report on Form 10-Q filed with the SEC on June 2, 2026, which is available on our website at investors.paloaltonetworks.com and on the SEC’s website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
View original content to download multimedia:https://www.prnewswire.com/news-releases/palo-alto-networks-acquires-console-to-agentify-security-302866763.html
SOURCE Palo Alto Networks, Inc.
A-LIGN acquires Pathfynder, adding offensive security depth for enterprises with complex security needs
MongoDB, Inc. Announces Second Quarter Fiscal 2027 Financial Results
Palo Alto Networks Acquires Console to Agentify Security
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