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MongoDB (MDB) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Sep 1, 2026
MongoDB (MDB) reported revenue of $772M for the second quarter fiscal 2027 (Q2 FY27), +30% from a year earlier and +12% from the quarter before. Operating margin was 3.7%, net earnings $40.9M (5.3% of revenue).
MongoDB, Q2 FY27: revenue $772M (+30% year over year), operating margin 3.7%, net earnings $40.9M, operating cash flow $142M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $772M | +12% | +30% |
| Gross profit | $570M | +15% | +36% |
| Operating profit | $28.4M | — | — |
| Net earnings | $40.9M | +823% | — |
| Operating cash flow | $142M | -30% | +97% |
| Free cash flow | $138M | — | — |
What changed
Revenue was $771.8M in Q2 FY27, up 30% year over year and up 12% from the previous quarter. Atlas-related was the largest line at 73% of revenue. Atlas-related added $126.9M year over year (up 29%), 70% of the total change.
Gross margin was 73.8%, up 2.8 points from Q2 FY26. Operating profit was $28.4M, a 3.7% margin (up 14.7 points year over year). Operating expenses grew 12% against revenue growth of 30%. The fastest-growing cost line was General & admin (+25%). Net earnings were $40.9M. The effective tax rate was 10.9%. Non-operating items added $17.5M, 38% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $141.9M (up 97% year over year), 347% of net earnings. Non-cash charges added back $5.9M of depreciation and amortization and $148.9M of share-based compensation. Working capital and other items used $53.9M. After capital expenditures ($2.5M) and principal payments of finance leases ($1.8M), free cash flow as the company reports it was $137.6M.
Questions
What was MongoDB's revenue in the second quarter fiscal 2027?
MongoDB (MDB) reported revenue of $772M for the second quarter fiscal 2027 (Q2 FY27), +30% from a year earlier and +12% from the quarter before.
Was MongoDB profitable in the second quarter fiscal 2027?
Operating profit was $28.4M (3.7% of revenue) and net earnings $40.9M.
Source: MongoDB 10-Q on SEC EDGAR.