MongoDB 2026 Q3 Earnings Beats Estimates with 18.7% Revenue Growth and 79.5% Reduced Net Loss

MongoDB (MDB) reported fiscal 2026 Q3 earnings on Dec 1, 2025, surpassing expectations with 18.7% revenue growth to $628.31 million and a 79.5% reduction in net losses. The company raised full-year revenue guidance to $2.434–$2.439 billion and non-GAAP EPS to $4.76–$4.80, driven by 30% YoY Atlas growth and margin improvements.

Revenue

Revenue growth was driven by the Subscription segment, which accounted for $609.07 million, while Services contributed $19.24 million, rounding out the total revenue of $628.31 million. The performance underscored the dominance of the cloud-based Atlas platform, which now generates 75% of total revenue after 30% YoY growth.

Earnings/Net Income

MongoDB narrowed losses to $0.02 per share in 2026 Q3 from a loss of $0.13 per share in 2025 Q3 (84.6% improvement). Meanwhile, the company successfully narrowed its net loss to $-2.01 million in 2026 Q3, reducing losses by 79.5% compared to the $-9.78 million net loss reported in 2025 Q3. Despite sustained losses, MongoDB narrowed its net loss by 79.5% to $2.01 million and improved EPS by 84.6%, signaling progress toward profitability.

Post-Earnings Price Action Review

The strategy of buying MDB when earnings beat and holding for 30 days delivered moderate returns but underperformed the benchmark. The strategy achieved a 69.94% return, while the benchmark returned 85.24%. The Sharpe ratio was 0.17, indicating a reasonable risk-adjusted return. However, the maximum drawdown was 0%, suggesting the strategy lacked downside protection.

CEO Commentary

CJ Desai, President and CEO, highlighted “strong results exceeding the high-end of guidance” driven by 30% YoY Atlas revenue growth and “meaningful margin outperformance.” He emphasized customer expansion, with 2,600 new customers added, and positioned MongoDB as a “unified data platform” enabling enterprises to leverage AI. Desai expressed optimism, stating the company is “raising guidance on the top and bottom line” and underscored confidence in its market leadership.

Guidance

MongoDB raised full-year fiscal 2026 revenue guidance to $2.434–$2.439 billion and non-GAAP net income per share to $4.76–$4.80. Fourth-quarter guidance includes revenue of $665.0–$670.0 million and non-GAAP income from operations of $139.0–$143.0 million. The company noted forward-looking non-GAAP measures exclude unpredictable stock-based compensation and acquisition-related costs.

Additional News

Within three weeks of the Dec 1, 2025, earnings report, MongoDB announced a leadership shift as CJ Desai succeeded Dev Ittycheria as CEO, signaling strategic urgency around AI positioning. The stock surged 15% in after-hours trading following the results, driven by optimism over Atlas growth and margin expansion. Additionally, the company’s Atlas platform added 2,600 new customers, expanding its total customer base to 62,500+, while $100K+ ARR customers grew to 2,694. These developments reinforced MongoDB’s market position despite ongoing net losses.

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• Post-Earnings Price Action Review: 150 words

• Additional News: 150 words

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