MongoDB (MDB) Earnings: Q2 Fiscal 2027 Results and Next Report Date

The quarter ended July 31, 2026 and MongoDB published the results on September 1, 2026. Revenue and diluted EPS are shown against Q2 fiscal 2026, the same quarter a year earlier, which takes seasonal swings out of the comparison. MongoDB reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, fully diluted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• MongoDB's fiscal year ends January 31, so Q2 fiscal 2027 covers May through July 2026.
• MongoDB reports in thousands of dollars; figures here are rounded to the nearest $0.1 million. Non-GAAP EPS is MongoDB's fully diluted figure, based on 85.8 million shares.

Source: MongoDB Q2 fiscal 2027 results, September 1, 2026. Also in the Form 10-Q for the quarter ended July 31, 2026. Figures as reported; checked against the release on November 10, 2026.

How MongoDB splits revenue in its own release, under its own labels, for Q2 fiscal 2027 against Q2 fiscal 2026. Indented lines are parts of the line above them.

• MongoDB's Atlas-related revenue was $566 million in Q2 fiscal 2027, up 29% from $439 million in Q2 fiscal 2026, 73% of total revenue.
• MongoDB's MongoDB Enterprise Advanced and other revenue was $181 million in Q2 fiscal 2027, up 36% from $133 million in Q2 fiscal 2026, 23% of total revenue.
• MongoDB's Services revenue was $24.6 million in Q2 fiscal 2027, up 29% from $19.0 million in Q2 fiscal 2026, 3% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

The release also gives net income per share ranges: for Q3 fiscal 2027, $0.00 to $0.05 GAAP and $1.57 to $1.61 non-GAAP; for full year fiscal 2027, $0.53 to $0.77 GAAP and $6.39 to $6.58 non-GAAP.

In its Q2 fiscal 2027 release, MongoDB said:

“Based on information available to management as of today, September 1, 2026, MongoDB is issuing the following financial guidance for the third quarter fiscal 2027. Revenues are expected to be in the range of: $756 million to $761 million”

“Based on information available to management as of today, September 1, 2026, MongoDB is issuing the following financial guidance for the full year fiscal 2027. Revenues are expected to be in the range of: $2.99 billion to $3.03 billion”

Source: MongoDB Q2 FY27 release, Sep 1, 2026.

This is the company's own guidance as of Sep 1, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the MDB forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and diluted EPS, each as first reported in that quarter's release.

MongoDB's next report is scheduled for December 1, 2026. This page will show Q2 fiscal 2027 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q2 fiscal 2027 (this page), reported Sep 1, 2026

MongoDB's revenue is almost all subscription: $747.1 million of $771.8 million in Q2 fiscal 2027, with services (consulting and training) at $24.6 million. Within subscription, Atlas-related revenue was $565.9 million and MongoDB Enterprise Advanced and other was $181.2 million. Atlas was 73% of total revenue in the quarter, against 74% a year earlier. (MongoDB Q2 FY27 release, Sep 1, 2026; MongoDB Form 10-Q, Q2 FY27, Sep 1, 2026)

The two products are sold differently. Atlas is MongoDB's managed multi-cloud database-as-a-service, primarily billed on usage, so its revenue moves with how much customers consume. Enterprise Advanced is the self-managed commercial offering that runs in the cloud, on-premises or in a hybrid environment; its term licenses are recognized upfront for the license component, which MongoDB says makes quarterly revenue less comparable when multi-year contracts land. (MongoDB Form 10-K, fiscal 2026, Mar 11, 2026; MongoDB Form 10-Q, Q2 FY27, Sep 1, 2026)

Total revenue rose 30% from a year earlier, with Atlas revenue up approximately 29% and Enterprise Advanced and other up approximately 36%. MongoDB attributed the $174.8 million increase in subscription revenue mainly to higher Atlas consumption by large existing customers and growth in Enterprise Advanced, and pointed to its net ARR expansion rate of 122%. (MongoDB Q2 FY27 release, Sep 1, 2026; MongoDB Form 10-Q, Q2 FY27, Sep 1, 2026)

MongoDB had over 70,600 customers at July 31, 2026, up from over 59,900 a year earlier, of which over 69,300 were Atlas customers. Customers with $100,000 or more in ARR rose to 2,999 from 2,564, and no single customer was more than 10% of revenue in fiscal 2026. (MongoDB Form 10-Q, Q2 FY27, Sep 1, 2026; MongoDB Form 10-K, fiscal 2026, Mar 11, 2026)

By customer address, the Americas brought in $478.3 million of Q2 revenue, EMEA $210.3 million and Asia Pacific $83.2 million. (MongoDB Form 10-Q, Q2 FY27, Sep 1, 2026)

MongoDB earned $0.50 per diluted share on a GAAP basis in Q2 fiscal 2027, against a loss of $0.58 a year earlier, and $1.90 on its fully diluted non-GAAP basis, against $1.00. Stock-based compensation, including related employer payroll taxes, is the main item between the two: MongoDB added back $153.4 million, or $1.91 per share. Non-GAAP results also apply an assumed long-term tax rate of 20%. (MongoDB Q2 FY27 release, Sep 1, 2026)

GAAP income from operations was $28.4 million, against a loss of $65.3 million a year earlier, and the non-GAAP operating margin was 24%, up from 15%. Gross margin rose to 74% from 71%; the 10-Q says subscription gross margin reached 77% because the subscription mix shifted toward Enterprise Advanced and other products. MongoDB called this its third consecutive quarter of GAAP EPS profitability. (MongoDB Q2 FY27 release, Sep 1, 2026; MongoDB Form 10-Q, Q2 FY27, Sep 1, 2026)

GAAP diluted EPS used 82.0 million weighted-average shares, while the non-GAAP figure uses 85.8 million fully diluted shares. In the first half of fiscal 2027 MongoDB repurchased 666,452 shares for $200.0 million, an average of $300.10 a share, leaving $399.7 million under its repurchase program. (MongoDB Q2 FY27 release, Sep 1, 2026; MongoDB Form 10-Q, Q2 FY27, Sep 1, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

MongoDB publishes a numeric outlook in each release. For Q3 fiscal 2027 it guided revenue of $756 million to $761 million, GAAP EPS of $0.00 to $0.05 and non-GAAP EPS of $1.57 to $1.61, with non-GAAP income from operations of $152.0 million to $156.0 million. (MongoDB Q2 FY27 release, Sep 1, 2026)

MongoDB raised its full-year fiscal 2027 guidance, saying the second-half raise was mainly due to Atlas. The full-year range is revenue of $2.99 billion to $3.03 billion and non-GAAP EPS of $6.39 to $6.58, against fiscal 2026 revenue of $2,463.8 million. (MongoDB Q2 FY27 release, Sep 1, 2026; MongoDB Form 10-Q, Q2 FY27, Sep 1, 2026)

A consensus figure is the average of the models published by the analysts who cover MongoDB, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones MongoDB's own release and filings put weight on for Q2 fiscal 2027, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning MDB is on is MDB a buy or a sell?, what analysts expect next is on the MDB forecast, and what the company does is on the MongoDB (MDB) stock page.

Every number on this page can be traced to a document MongoDB published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.