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MongoDB, Inc. Announces Second Quarter Fiscal 2027 Financial Results

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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.

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The National Association of Mortgage Brokers Announces its Launch of MORE, New Mortgage Education and Professional Development Platform

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12 minutes ago

on

October 17, 2026

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NAMB MORE brings training, credentials, professional development and daily mortgage market information together in one place

LAS VEGAS, Oct. 17, 2026 /PRNewswire-PRWeb/ — The National Association of Mortgage Brokers (NAMB) the first and only national volunteer-led and membership-driven organization representing the interests of mortgage brokers and home buyers since 1973, today announced the launch of NAMB MORE(Mortgage Originator Resources and Education), a new learning and professional development platform designed to give mortgage professionals the education, resources and information they need to grow throughout their careers.

MORE officially launches today during NAMB National 2026, being held October 16–19 at Caesars Palace in Las Vegas. The platform is designed as a long-term resource for mortgage professionals at every career stage, bringing training, credentials, professional development and timely industry information together in one place.

Mortgage professionals can learn more and access the platform at nambhasmore.org. Access to MORE will be free through NAMB Focus, January 7–9, 2027. Users must have a NAMB member profile to access the learning management system.

“NAMB MORE represents a significant investment in the future of mortgage professionals and the continued advancement of our industry,” said Michael Farrell, President of NAMB. “We wanted to create more than a collection of courses; we wanted to build a resource that professionals can turn to throughout their careers. NAMB MORE delivers valuable education, professional development and practical information members can apply to their businesses daily. ‘NAMB has MORE’ is a mantra the entire organization embraces, reflecting our commitment to providing the industry with innovative tools that support professional growth, strengthen advocacy and help foster our members’ success. “MORE was developed with the mortgage industry in mind, with NAMB and subject-matter experts contributing to the platform’s educational content.”

The platform is designed to support mortgage professionals from their first year in the business through experienced production, management and leadership roles. Educational resources span foundational mortgage knowledge, loan origination, mortgage programs and products, business growth, sales and marketing, borrower experience, professional development and more.

The MORE course library includes content across core categories such as:

Business Strategy & GrowthLoan OriginationMortgage FoundationsMortgage Programs & ProductsProfessional Development & Workplace SkillsSales, Marketing & Borrower ExperienceGeneral

Additional learning resources and credentials are designed to help mortgage professionals continue developing their skills as their careers evolve.

A key component of the new platform is the MORE Daily Dashboard, which serves as the home screen members see when they log into MORE. Rather than requiring members to visit the platform only when completing a course or pursuing a credential, the Daily Dashboard is designed to give mortgage professionals a reason to return every day.

The Daily Dashboard currently features:

Mortgage Rate Alert Widget: Provides information about the factors affecting mortgage rates and refreshes at least hourly.Upcoming Events: Highlights NAMB events and opportunities so members can stay connected to the association and industry.Daily Access to MORE: Provides a central starting point for accessing education, professional development and other resources.

“The Daily Dashboard is an important part of what makes MORE different,” added Farrell. “We want MORE to become part of a mortgage professional’s daily routine. Whether someone is checking the latest rate information, looking for an upcoming NAMB event or continuing their professional education, MORE puts useful resources in one place.”

About NAMB: The National Association of Mortgage Brokers has been the only national volunteer-led and membership-driven organization representing the interests of mortgage professionals and homebuyers since 1973. NAMB provides mortgage professionals with advocacy, education, and rigorous certification programs to recognize members with the highest levels of professional knowledge and education. NAMB’s active lobbying and advocacy efforts focus on national and state issues, protecting the interests of its members and borrowers. As the leading national trade association for the mortgage industry, NAMB is affiliated with state associations throughout the country and represents the interests of more than 546,800 licensed and registered Mortgage Loan Originators and 49,100 licensed Mortgage Broker and Mortgage Lender businesses throughout the U.S. www.namb.org

Media Contact

Joshua Steinfeld, Steinfeld Consulting, 1 339-225-1581, steinfeldconsulting@gmail.com

View original content:https://www.prweb.com/releases/the-national-association-of-mortgage-brokers-announces-its-launch-of-more-new-mortgage-education-and-professional-development-platform-302910967.html

SOURCE The National Association of Mortgage Brokers

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The United States Golf Association Selects Gupta Media as Paid Media Agency of Record

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2 hours ago

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October 17, 2026

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The appointment comes as the USGA looks to continue to strengthen brand equity and increase awareness and engagement with golfers nationwide

BOSTON, Oct. 17, 2026 /PRNewswire-PRWeb/ — The USGA, the non-profit governing body of golf in the United States, has named Gupta Media its paid media agency of record following a competitive pitch process that began in February. Gupta Media will lead paid media strategy, planning, buying and reporting in support of the USGA’s Championship ticketing and broader commercial initiatives, while helping grow brand equity, awareness and engagement across the organization. Its work will span key USGA priorities, including golf’s official Handicap Index® and GHIN app; the Rules of Golf and the USGA’s governance of the game; Membership; and initiatives that advance golf through sustainability, research and innovation, and greater access and inclusion. The relationship expands beyond media execution to include audience strategy, first-party data integration, measurement and optimization.

“Gupta Media stood out for its ability to connect the dots between data, audience strategy, media and creative to real business outcomes, so we’re incredibly excited for this next chapter.”

The relationship comes at an important moment for the USGA, with the organization focused on continuing to expand its reach and deepening brand affinity across the ever-growing, diverse golf community. Gupta Media will help drive ticket sales for some of the sport’s biggest events, including the 2027 U.S. Open at Pebble Beach Golf Links, the 2027 U.S. Women’s Open at Inverness Club, the 2028 U.S. Open at Winged Foot Golf Club and the 2028 U.S. Women’s Open at Oakmont Country Club. The agency will also support the USGA in creating greater awareness and brand recognition for its corporate Partners through co-branded content and paid media.

Golf has an enormous network of people who love the game, creating a growing opportunity to build a deeper, more direct relationship between golfers and the organization. That challenge is exactly what Gupta Media is built to strategically address — from growing membership and promoting ticket sales for major live events to reaching new audiences and understanding customer lifetime value. By bringing together audience insights, first-party data and media performance, Gupta Media will help the USGA create more relevant, effective marketing that drives measurable business results while strengthening its connection with the next generation of golfers.

“We were looking for an agency that could bring a deep understanding of our audiences, a genuine enthusiasm for our mission and the strategic expertise to work with us through this next phase of golf’s growth,” said Lynn LaRocca, USGA’s Managing Director of Brand & Marketing. “Gupta Media stood out for its ability to connect the dots between data, audience strategy, media and creative to real business outcomes, so we’re incredibly excited for this next chapter.”

“There’s a personal element to this partnership that makes it especially rewarding. My golf journey began 30 years ago when I first visited Pebble Beach as a teenager, long before I could imagine actually playing on the course,” said Gogi Gupta, Founder, Gupta Media. “To now have the opportunity to connect that lifelong passion for the game with the work we’ve spent years building and fine-tuning our agency to do feels like kismet. We’re eager to bring our proficiency to an organization that plays a leading role in the great game.”

The relationship brings together Gupta Media’s deep experience in sports marketing with its data-driven approach to audience strategy, media and creative. The agency has developed a specialized set of tools and processes to address data and analytics challenges of sports and live events, including TallyTickets.com, its proprietary ticketing analytics platform that helps teams understand sales trends, forecast demand and make more informed marketing and media decisions. Gupta Media’s experience spans sports, entertainment, premium events, and pop culture, giving the agency a comprehensive understanding of the audience models and fan behaviors that shape the industry.

About the USGA:

The USGA is a mission-based golf organization whose purpose is to unify the golf community through handicapping and grassroots programs; to showcase the game’s best talent through the U.S. Open, U.S. Women’s Open, and 13 other national championships and our museum; to provide unbiased global governance with The R&A through the playing, equipment and Amateur Status rules; and to advance issues important to golf’s future, with a focus on driving sustainability.

About Gupta Media:

Gupta Media, a certified Minority Business Enterprise, is a strategic consultancy at the intersection of creative strategy, digital media, advanced analytics, and performance marketing. We drive growth for professional sports franchises, global tech leaders, DTC brands, major music labels, and other high-profile organizations by building intelligent media plans, best-in-class reporting tools, and custom enterprise technology. Founded 25 years ago by Cornell grad Gogi Gupta, the agency is known for developing new methods of maximizing advertising efficiency in a digital-first world. Harvard Business School’s case study on Gupta Media was taught to all incoming students for three years and is still taught around the globe.

Media Contact

Carly Carioli, Gupta Media, 1 617-682-3733, ccarioli@guptamedia.com, guptamedia.com

View original content:https://www.prweb.com/releases/the-united-states-golf-association-selects-gupta-media-as-paid-media-agency-of-record-302911621.html

SOURCE Gupta Media

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China Mobile Hong Kong Establishes Hong Kong’s First U6G Network

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3 hours ago

on

October 17, 2026

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Expanding Next-Generation Network Capabilities and Accelerating the Innovative Convergence of Communication, Computing, and AI Laying a Solid Foundation for 6G Development in Hong Kong

HONG KONG, Oct. 17, 2026 /PRNewswire/ — China Mobile Hong Kong Company Limited (“China Mobile Hong Kong”) announced that it has taken the lead in realising a U6GHz network, successfully completing network testing and validation at its Mong Kok flagship store and advancing the exploration of Upper 6GHz band applications in mobile networks. Implementing China Mobile Group’s strategy of “strengthening the network foundation and full-stack innovation”, China Mobile Hong Kong aims to enhance network capabilities through new frequency band applications, drive collaborative innovation between terminals and the wider industry, and lay a robust foundation for Hong Kong’s future 6G development.

Strategic Early Deployment of New Spectrum to Build Momentum for a 6G Future
U6GHz, or the Upper 6GHz band, can provide continuous wide bandwidth and is a crucial spectrum resource supporting 5G-A and future 6G evolution. On 29 November 2024, Hong Kong completed its 6/7GHz spectrum auction, becoming the first region globally to auction this frequency band for public mobile services. China Mobile Hong Kong successfully bid for 100MHz of continuous spectrum and has made appropriate forward-looking deployments, advancing network capability validation and terminal adaptation to accumulate experience for future 6G commercialisation.

Expanding Network Capacity to Enable Smoother Smart Applications
The newly added U6GHz spectrum can be utilised synergistically with existing frequency bands. Through various combinations with current spectrums, it can achieve download speeds of 3Gbps. The increased availability of spectrum helps enhance data transmission capabilities, accommodating more simultaneous user connections, improving the internet experience in highly congested areas, and supporting high-definition video and large-capacity data transmission.

As artificial intelligence becomes increasingly integrated into production and daily life, the demand for data transmission from devices such as smart glasses and AI robots continues to rise. China Mobile Hong Kong will promote the synergistic development of U6GHz and intelligent computing services, enhance connectivity between terminals and intelligent computing platforms, and explore AI image analysis, immersive interactions, and industrial applications. This will allow smart services to better integrate into everyday life and corporate operations.

Aligning with Mainland China and Hong Kong Blueprints to Consolidate the Foundation of Digital-Intelligent Development
China Mobile Hong Kong will actively align with the Nation’s “15th Five-Year Plan” and Hong Kong’s first Five-Year Plan. Focusing on “AI+”, computing infrastructure, and new industrialisation, the company will enhance communication and smart services through network upgrades to assist Hong Kong in building an international innovation and technology centre. Concurrently, China Mobile Hong Kong will collaborate with industry partners to accelerate the research, development, and testing of U6GHz products. By expanding hotspot coverage according to demand, it aims to drive the maturity of the industrial ecosystem and accelerate Hong Kong’s 6G development. Looking ahead, China Mobile Hong Kong will continue to leverage its strengths as a central state-owned enterprise, providing high-quality digital infrastructure to serve Hong Kong and the Guangdong-Hong Kong-Macao Greater Bay Area, thereby fully contributing to the building of a cyber superpower and a digital China.

About China Mobile Hong Kong Limited
China Mobile Hong Kong Company Limited (“China Mobile Hong Kong”) is the wholly-owned subsidiary of China Mobile Limited (HKEx: 941), which is listed on the Fortune Global 500. China Mobile Hong Kong was incepted in January 1997 and was the first mobile network operator to launch PCS services in Hong Kong.

As the world’s leading mobile network brand with the largest customer base*, The Company offers innovative and comprehensive 5G communications services, including voice, data, IDD and international roaming. The Company is committed to the development of 5G with new technologies such as artificial intelligence, internet of things, cloud computing and big data, integrating 5G applications in different industries, promoting the construction and development of smart city groups in Greater Bay Area.

* China Mobile (Hong Kong) Limited is a wholly-owned subsidiary of China Mobile Limited. As of 31 December 2025, China Mobile Limited had the largest number of mobile network subscribers in the world.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/china-mobile-hong-kong-establishes-hong-kongs-first-u6g-network-302911836.html

SOURCE China Mobile Hong Kong Company Limited

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