The New York-based database provider highlighted a significant shift toward profitability, reporting its third consecutive quarter of GAAP earnings per share growth. Operating margins improved to 24% on a non-GAAP basis, up from 15% in the prior-year period. Free cash flow saw a sharp increase, nearly doubling to $137.6 million as the company capitalized on its 'run anywhere' strategy across both its Atlas cloud service and Enterprise Advanced offerings.
MongoDB Reports 30% Revenue Growth Amid AI Infrastructure Expansion
MongoDB posted total revenue of $771.8 million for the second fiscal quarter of 2027, a 30% increase year-over-year that signals robust demand for its data platform. Driven by enterprise workload adoption and new AI-focused product launches, the company has officially raised its financial guidance for the remainder of the year.
CEO CJ Desai attributed the performance to the company's evolving role as an intelligent data platform for the AI era. Recent technical deployments, including the general availability of Search and Vector Search within Enterprise Advanced and the launch of the Atlas Managed MCP Server, aim to simplify how developers connect coding agents to operational data. With more than 70,600 customers now utilizing its platform, MongoDB continues to focus on mission-critical capabilities to sustain long-term growth.
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