MongoDB Releases Q2 2027 Financial Results

MongoDB reported Q2 FY2027 revenue of $771.8M, up 30% YoY, and raised full-year guidance. Adjusted EPS was $1.90, beating estimates. Atlas cloud service revenue grew 29% YoY, but stock fell 14% premarket due to growth deceleration concerns. Profitability improved with non-GAAP operating margin at 24%.

MongoDB reported Q2 2027 revenue growth of 30%, with Enterprise Advanced (EA) up 36% due to new search capabilities. Atlas growth guidance raised to 27% and EA to 11%. The company added 2.9k net new customers, totaling 70.6k. Management expects full-year 'Rule of 44' performance with 23% revenue growth and 21% operating margin.

MongoDB's (MDB) stock fell 14.5% this week despite strong Q2 results, with revenue up 30.5% to $771.8M and EPS up 90% to $1.90, both beating expectations. The company raised guidance, but investors were underwhelmed by slower growth in its Atlas segment, which now accounts for 73% of revenue. MongoDB trades at 59x EPS and 10x revenue estimates.

MongoDB (MDB) beat revenue and profit estimates, with total revenue at $771.8M (up 30% YoY) and adjusted earnings at $1.90 per share. Atlas, its cloud platform, grew 28.9% YoY, missing some investors' 30% expectations. Despite raising full-year guidance, the stock fell 13.5% on Wednesday. Analysts maintained positive ratings, with price targets up to $560. CEO CJ Desai expects AI-driven growth to accelerate soon.

MongoDB (MDB) stock rises 1.8% in pre-market trading after a prior session sell-off, despite strong Q2 FY2027 results with $772M revenue (30% YoY growth) and raised full-year guidance. Analysts reaffirm positive ratings and price targets, citing raised Atlas growth outlook. Broader market is neutral, with peer GitLab's strong earnings providing support.

MongoDB (MDB) shares fell 10.33% to $389.32 on Wednesday despite strong Q2 results. The company reported revenue growth of 30% to $771.8M, adjusted net income of $162.6M, and raised its full-year fiscal 2027 guidance.