Filing Flows › MongoDB (MDB) › Q2 FY27 › vs Q1 FY27
MongoDB (MDB) Q2 FY27 vs Q1 FY27 (quarter over quarter)
MongoDB's revenue rose $84.2M (+12%) from $688M in Q1 FY27 to $772M in Q2 FY27. The biggest changes: Subscription +$81.0M (+12%); Services +$3.1M (+15%). Gross margin 73.8% against 72.2% (+1.7 pts).
MongoDB, Q2 FY27: revenue $772M (+30% year over year), operating margin 3.7%, net earnings $40.9M, operating cash flow $142M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Gross margin | 73.8% | 72.2% | +1.7 pts |
| Operating margin | 3.7% | -3.6% | +7.3 pts |
| Net margin | 5.3% | 0.6% | +4.7 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Atlas-related | $566M | $512M | $53.5M | +10% |
| MongoDB Enterprise Advanced and other | $181M | $154M | $27.6M | +18% |
| Subscription | $747M | $666M | $81.0M | +12% |
| Services | $24.6M | $21.5M | $3.1M | +15% |
| Revenue | $772M | $688M | $84.2M | +12% |
| Gross profit | $570M | $496M | $73.6M | +15% |
| Cost of revenue | $202M | $191M | $10.6M | +6% |
| Other income, net | $17.5M | $33.6M | −$16.1M | -48% |
| Operating profit | $28.4M | −$24.8M | $53.2M | — |
| Operating expenses | $541M | $521M | $20.4M | +4% |
| Pre-tax earnings | $45.9M | $8.8M | $37.2M | +422% |
| Research & development | $214M | $200M | $13.5M | +7% |
| Sales & marketing | $253M | $249M | $3.7M | +1% |
| General & admin | $74.4M | $71.2M | $3.2M | +4% |
| Net earnings | $40.9M | $4.4M | $36.5M | +823% |
| Income tax | $5.0M | $4.4M | $645K | +15% |
| Operating cash sources | $196M | $148M | $48.0M | +32% |
| Depreciation & amortization | $5.9M | $5.6M | $385K | +7% |
| Share-based compensation | $149M | $138M | $11.1M | +8% |
| Working capital & other | $53.9M | −$53.8M | $108M | — |
| Operating cash flow | $142M | $202M | −$59.8M | -30% |
Questions
How much did MongoDB's revenue grow quarter over quarter in Q2 FY27?
MongoDB's revenue rose $84.2M (+12%) from $688M in Q1 FY27 to $772M in Q2 FY27.
What drove MongoDB's revenue change in Q2 FY27?
Subscription +$81.0M (+12%); Services +$3.1M (+15%).