Filing Flows › MongoDB (MDB) › Q2 FY26
MongoDB (MDB) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Aug 27, 2025
MongoDB (MDB) reported revenue of $591M for the second quarter fiscal 2026 (Q2 FY26), +24% from a year earlier and +8% from the quarter before. Operating margin was -11.0%, net loss $47.0M (8.0% of revenue).
MongoDB, Q2 FY26: revenue $591M (+24% year over year), operating margin -11.0%, net loss $47.0M, operating cash flow $72.1M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $591M | +8% | +24% |
| Operating profit | −$65.3M | — | — |
| Net earnings | −$47.0M | — | — |
| Operating cash flow | $72.1M | -34% | — |
| Free cash flow | $69.9M | — | — |
What changed
Revenue was $591.4M in Q2 FY26, up 24% year over year and up 8% from the previous quarter. MongoDB Atlas-related was the largest line at 74% of revenue. MongoDB Atlas-related added $99.3M year over year (up 29%), 88% of the total change.
Gross margin was 71.0%, down 2.2 points from a year earlier. Operating costs exceeded revenue by $65.3M, an operating margin of -11.0%. Operating expenses grew 15% against revenue growth of 24%. The fastest-growing cost line was Research & development (+22%). The quarter ended with a net loss of $47.0M, wider than the previous quarter's $37.6M loss. Non-operating items added $22.2M, -51% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $72.1M. Non-cash charges added back $5.7M of depreciation and amortization and $140.4M of share-based compensation. Working capital and other items used $26.9M. After principal payments of finance leases ($1.7M) and capital expenditures ($537K), free cash flow as the company reports it was $69.9M.
Questions
What was MongoDB's revenue in the second quarter fiscal 2026?
MongoDB (MDB) reported revenue of $591M for the second quarter fiscal 2026 (Q2 FY26), +24% from a year earlier and +8% from the quarter before.
Was MongoDB profitable in the second quarter fiscal 2026?
Operating loss was $65.3M (-11.0% of revenue) and net loss $47.0M.
Source: MongoDB 10-Q on SEC EDGAR.