MongoDB Posts 30% Revenue Growth, Raises Fiscal 2027 Guidance on Atlas Demand

Earnings Impact 4
โดย Insider Monkey·US·Read original
Summary · why it matters

MongoDB reported fiscal second-quarter revenue of $771.8 million, up 30% year over year, with Atlas revenue rising approximately 29% to $565.9 million and Enterprise Advanced and other revenue up approximately 36% to $181.2 million. Remaining performance obligations increased 91% to $1.52 billion, of which current RPO, the portion expected to be recognized within 12 months, rose 73% to $797.3 million. GAAP operating income reached $28.4 million, compared with a $65.3 million loss a year earlier, and free cash flow nearly doubled to $137.6 million from $69.9 million. MongoDB raised its fiscal 2027 revenue guidance to $2.99 billion to $3.03 billion from $2.92 billion to $2.96 billion, attributing the second-half increase mainly to Atlas, while guiding for a third-quarter GAAP operating loss of $14.5 million to $10.5 million and a full-year GAAP operating loss of $28 million to $8 million. Total customers grew to more than 70,600 from more than 59,900 a year earlier, and Atlas customers reached more than 69,300.

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MongoDB posted 30% revenue growth, swung to GAAP operating income, and raised fiscal 2027 revenue guidance on Atlas demand

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