MongoDB, Inc. (MDB) Announced Q4 2026 Earnings on March 2, 2026, Reporting "total revenue of $695 million up 27% year-over-year".
MongoDB reported total revenue of $695 million in the fourth quarter, representing a 27% increase year-over-year.
Atlas revenue grew 29% year-over-year, accounting for 72% of total revenue, while non-Atlas revenue grew 20% year-over-year.
The company delivered a non-GAAP operating margin of 23% and $159 million in income from operations.
Non-GAAP net income in the fourth quarter was $143 million, or $1.65 per share, and free cash flow was $177 million.
Management highlighted that the company signed several large deals, including an approximately $90 million transaction with a large technology company and a greater than $100 million transaction with a large financial institution for Enterprise Advanced. CEO CJ Desai outlined his priorities, including remaining customer-focused to accelerate growth, empowering product and engineering teams, scaling the self-serve motion, and driving operational excellence.
The company also announced go-to-market leadership changes, appointing Erica Volini as Chief Customer Officer and noting the upcoming departures of Cedric Pech and Paul Capombassis while the search for a new Chief Revenue Officer is in its final stages.
For the first quarter of fiscal 2027, management expects revenue of $659 million to $664 million and non-GAAP net income per share of $1.15 to $1.19.
For the full year fiscal 2027, the company guided for revenue of $2.86 billion to $2.9 billion and non-GAAP net income per share of $5.75 to $5.93. On the partnership front, management highlighted an expansion with Adobe, where MongoDB will underpin key initiatives including agentic experiences powered by Atlas Vector Search.