The database software firm reported stronger-than-expected earnings and revenue growth for the quarter ending May 28, 2026.
MongoDB reported Q1 non-GAAP earnings per share of $1.32, beating estimates by $0.14, as revenue rose 25.2% year-over-year to $687.62M. The result exceeded expectations by $23.83M.
Analysts had anticipated lower earnings and revenue, with the prior quarter showing slower growth. The company’s guidance for the second quarter of fiscal 2027 was also released, based on data available as of May 28, 2026.
The report reflects continued demand for MongoDB’s database solutions amid broader enterprise software growth.