MongoDB 2026 Q2 Earnings Narrows Losses Amid Strong Revenue Growth

MongoDB reported its Q2 2026 earnings on August 27, 2025, showing revenue growth that exceeded expectations and a reduction in net losses. The company raised its full-year revenue guidance, reflecting improved operational performance and strategic focus on AI and enterprise solutions.

MongoDB(MDB) reported its fiscal 2026 Q2 earnings on Aug 27th, 2025. The total revenue of MongoDB increased by 23.7% to $591.40 million in 2026 Q2, up from $478.11 million in 2025 Q2. The company’s Subscription revenue stood at $572.36 million, while Services revenue accounted for $19.05 million, collectively bringing the total revenue to $591.40 million. This marked a solid performance across its key business segments.

MongoDB narrowed losses to $0.58 per share in 2026 Q2 from a loss of $0.74 per share in 2025 Q2, representing a 21.6% improvement. The company also reduced its net loss to $-47.05 million in 2026 Q2, down from $-54.53 million in 2025 Q2, indicating a 13.7% reduction in losses. However, the company has sustained losses for 10 consecutive years in this period, underscoring ongoing financial challenges. While the earnings per share improvement is positive, the continued net losses remain a concern.

The stock price of MongoDB has climbed 4.84% during the latest trading day, surged 39.02% during the most recent full trading week, and surged 20.99% month-to-date.

The strategy of buying MDB shares after its revenue beat expectations on the financial report released date and holding for 30 days resulted in a -47.72% return, significantly underperforming the benchmark return of 58.85%. The strategy's CAGR was -20.06%, with a maximum drawdown of 0.00% and a Sharpe ratio of -0.31, indicating a high-risk, low-reward scenario.

Dev C. Ittycheria, CEO, highlighted MongoDB's strong Q2 performance, noting $591 million revenue (24% YoY) and 29% YoY Atlas growth. He emphasized MongoDB's enterprise readiness, flexibility for diverse workloads, and AI readiness, citing customer wins in automotive and telecom. Dev reiterated MongoDB's strategic focus on AI infrastructure, self-serve and enterprise go-to-market optimization, and app modernization. He expressed optimism about AI adoption, noting early traction with startups and enterprises, while cautioning that enterprise AI transformation remains in early stages. The tone was confident, underscoring MongoDB’s position in digital and AI-driven transformation.

MongoDB raised full-year 2026 revenue guidance to $2.34–$2.36 billion (prior: $2.27–$2.3 billion) and operating margin to 14% at the high end (prior: 12.5%). Q3 revenue is expected to be $587–$592 million, with non-GAAP net income per share of $0.76–$0.79. The guidance reflects stronger Atlas growth, disciplined spending, and margin expansion, with non-Atlas revenue expected to decline in the mid-single digits.

Additional News
Following its Q2 earnings report, MongoDB remained in the spotlight for strategic developments. While no major mergers or acquisitions were announced in the three weeks following August 27, 2025, the company’s leadership remained stable, with no executive changes reported. Additionally, MongoDB has not disclosed any new dividend or share repurchase programs, maintaining a focus on reinvesting in growth initiatives. The recent news coverage primarily highlighted MongoDB’s continued focus on enterprise AI and cloud infrastructure, reinforcing its position in the database technology sector.