With significant hedge fund interest, MongoDB, Inc. (NASDAQ:MDB) secures a spot on our list of the 10 best SaaS stocks to buy according to hedge funds.
As of Q1 2026, 74 hedge funds held bullish positions in the stock, representing $2.58 billion in aggregate value
Copyright: welcomia / 123RF Stock Photo On May 28, 2026, MongoDB, Inc. (NASDAQ:MDB) reported first-quarter fiscal 2027 revenue of $687.6 million, up 25% year-over-year. Subscription revenue was $666.1 million, also up 25%, while services revenue rose 22% to $21.5 million. Non-GAAP EPS came in at $1.32, compared to $1.00 in the year-ago period.
Meanwhile, non-GAAP income from operations was $123.2 million, up from $87.4 million a year earlier. Free cash flow reached $197.5 million, nearly double the $105.9 million generated in the prior-year quarter. RPO grew 88% year-over-year to $1.46 billion, with current RPO up 69% to $766.3 million.