MongoDB Ups Outlook on Strong Sales

(NASDAQ:MDB) reported its fiscal second quarter 2026 results (period ended July 31, 2025) on August 26, 2025, with revenue of $591 million, up 24% year over year (non-GAAP), and Atlas revenue accelerating to 29% year over year (74% of total revenue). Non-GAAP operating income reached $87 million (15% margin), and the company raised its full-year revenue guidance by $70 million for fiscal 2026 as Atlas consumption and customer growth outperformed expectations. Key insights below address Atlas growth dynamics, product differentiation in AI and search, and disciplined margin expansion, each with unique investment implications.

Atlas, the fully managed multi-cloud database, contributed 74% of total revenue (non-GAAP) versus 71% a year ago and 72% in fiscal first quarter 2026, underscoring steady cloud adoption. The company added approximately 2,800 net new customers, bringing the total to 59,900.

Validating MongoDB’s upmarket move and platform stickiness.

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Source Fool.com