MongoDB Earnings: Profit Explosion
Here's our initial take on 's (NASDAQ: MDB) fiscal 2026 first-quarter financial report.
MongoDB added 2,600 net new customers in the first quarter of fiscal 2026, bringing its total customer count for the platform-agnostic, document-oriented database, software provider to approximately 57,100. That's the largest quarterly customer gain in six years. Most of those new customers are using Atlas, the company's managed database offering, while the rest opted for MongoDB Enterprise. Atlas revenue grew by 26% year over year in Q1 and accounted for 72% of overall Q1 revenue.
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Source Fool.com
MongoDB Inc. Stock
€365.35
0.700%
The stock is an absolute favorite of our community with 117 Buy predictions and no Sell predictions.
On the other hand, the target price of 365 € is below the current price of 365.35 € for MongoDB Inc., so the potential is actually -0.1%.
