MongoDB Shares Surge 16.6% After Reporting Strong Q1 Earnings
ByAinvest
Thursday, Jun 5, 2025 1:45 pm ET1min read
CTNT--
MongoDB's MongoDB Atlas revenue grew by 26% YoY, representing 72% of the total Q1 revenue [1]. The company's gross profit for Q1 2026 was $391.0 million, with a gross margin of 71% compared to 73% in the year-ago period [1]. Non-GAAP gross profit was $406.5 million, with a non-GAAP gross margin of 74% [1]. The company reported a loss from operations of $53.6 million for Q1 2026, compared to $98.2 million in the year-ago period [1]. Non-GAAP income from operations was $87.4 million [1].
MongoDB announced an additional share repurchase authorization of $800 million, bringing the total buyback authorization to $1 billion [1]. The company also launched the MongoDB Model Context Protocol (MCP) Server in public preview, which connects MongoDB deployments to MCP-supported clients [1].
For the second quarter (Q2) and full year (FY) 2026, MongoDB provided the following guidance:
- Q2 FY26 revenue: $548.0 million to $553.0 million
- Q2 FY26 non-GAAP income from operations: $55.0 million to $59.0 million
- Q2 FY26 non-GAAP net income per share: $0.62 to $0.66
- FY26 revenue: $2.250 billion to $2.290 billion
- FY26 non-GAAP income from operations: $267.0 million to $287.0 million
- FY26 non-GAAP net income per share: $2.94 to $3.12 [1]
The company will host a conference call on June 4, 2025, at 5:00 p.m. (Eastern Time) to discuss its financial results and business outlook [1].
References:
[1] https://investors.mongodb.com/news-releases/news-release-details/mongodb-inc-announces-first-quarter-fiscal-2026-financial
LIMN--
MCTR--
MDB--
MKDW--
MongoDB shares rose 16.6% in pre-market trading after reporting better-than-expected Q1 financial results and raising its FY26 revenue and earnings guidance. Other stocks moving in pre-market trading include MKDWELL Tech Inc., Ctrl Group Limited, Liminatus Pharma, and Cheetah Net Supply Chain Service Inc., while Helius Medical Technologies, Cibus, and Mustang Bio shares fell.
MongoDB Inc. (NASDAQ: MDB) shares rose 16.6% in pre-market trading on June 6, 2025, following the company's announcement of better-than-expected first-quarter (Q1) fiscal 2026 financial results and an upward revision of its full-year (FY) 2026 revenue and earnings guidance. The company reported a total revenue of $549.0 million for Q1 2026, up 22% year-over-year (YoY) [1]. MongoDB also added 2,600 new customers, bringing the total number of customers to 57,100 as of April 30, 2025 [1].MongoDB's MongoDB Atlas revenue grew by 26% YoY, representing 72% of the total Q1 revenue [1]. The company's gross profit for Q1 2026 was $391.0 million, with a gross margin of 71% compared to 73% in the year-ago period [1]. Non-GAAP gross profit was $406.5 million, with a non-GAAP gross margin of 74% [1]. The company reported a loss from operations of $53.6 million for Q1 2026, compared to $98.2 million in the year-ago period [1]. Non-GAAP income from operations was $87.4 million [1].
MongoDB announced an additional share repurchase authorization of $800 million, bringing the total buyback authorization to $1 billion [1]. The company also launched the MongoDB Model Context Protocol (MCP) Server in public preview, which connects MongoDB deployments to MCP-supported clients [1].
For the second quarter (Q2) and full year (FY) 2026, MongoDB provided the following guidance:
- Q2 FY26 revenue: $548.0 million to $553.0 million
- Q2 FY26 non-GAAP income from operations: $55.0 million to $59.0 million
- Q2 FY26 non-GAAP net income per share: $0.62 to $0.66
- FY26 revenue: $2.250 billion to $2.290 billion
- FY26 non-GAAP income from operations: $267.0 million to $287.0 million
- FY26 non-GAAP net income per share: $2.94 to $3.12 [1]
The company will host a conference call on June 4, 2025, at 5:00 p.m. (Eastern Time) to discuss its financial results and business outlook [1].
References:
[1] https://investors.mongodb.com/news-releases/news-release-details/mongodb-inc-announces-first-quarter-fiscal-2026-financial
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet