Filing Flows › MongoDB (MDB) › Q2 FY27 › vs Q2 FY26
MongoDB (MDB) Q2 FY27 vs Q2 FY26 (year over year)
MongoDB's revenue rose $180M (+30%) from $591M in Q2 FY26 to $772M in Q2 FY27. The biggest changes: Subscription +$175M (+31%); Services +$5.6M (+29%). Gross margin 73.8% against 71.0% (+2.8 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 Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 73.8% | 71.0% | +2.8 pts |
| Operating margin | 3.7% | -11.0% | +14.7 pts |
| Net margin | 5.3% | -8.0% | +13.3 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Atlas-related | $566M | $439M | $127M | +29% |
| MongoDB Enterprise Advanced and other | $181M | $133M | $47.8M | +36% |
| Subscription | $747M | $572M | $175M | +31% |
| Services | $24.6M | $19.0M | $5.6M | +29% |
| Revenue | $772M | $591M | $180M | +30% |
| Gross profit | $570M | $420M | $150M | +36% |
| Cost of revenue | $202M | $171M | $30.6M | +18% |
| Other income, net | $17.5M | $22.2M | −$4.6M | -21% |
| Operating profit | $28.4M | −$65.3M | $93.7M | — |
| Operating expenses | $541M | $485M | $56.1M | +12% |
| Pre-tax earnings | $45.9M | −$43.1M | $89.1M | — |
| Research & development | $214M | $182M | $32.1M | +18% |
| Sales & marketing | $253M | $244M | $9.0M | +4% |
| General & admin | $74.4M | $59.5M | $15.0M | +25% |
| Net earnings | $40.9M | −$47.0M | $88.0M | — |
| Income tax | $5.0M | $3.9M | $1.1M | +27% |
| Operating cash sources | $196M | $99.0M | $96.8M | +98% |
| Depreciation & amortization | $5.9M | $5.7M | $263K | +5% |
| Share-based compensation | $149M | $140M | $8.5M | +6% |
| Working capital & other | $53.9M | $26.9M | $27.0M | +100% |
| Operating cash flow | $142M | $72.1M | $69.8M | +97% |
Questions
How much did MongoDB's revenue grow year over year in Q2 FY27?
MongoDB's revenue rose $180M (+30%) from $591M in Q2 FY26 to $772M in Q2 FY27.
What drove MongoDB's revenue change in Q2 FY27?
Subscription +$175M (+31%); Services +$5.6M (+29%).