Overview

• Fiscal Q2 revenue rose 24% to about $591 million with adjusted EPS of $1.00, topping LSEG consensus of $556 million and $0.66.
• Atlas revenue accelerated 29% year over year and accounted for roughly 74% of quarterly sales.
• The company added about 2,800 customers in the quarter and more than 5,000 year to date, bringing total customers to roughly 59,900.
• MongoDB raised fiscal 2026 guidance to $2.34–$2.36 billion in revenue and $3.64–$3.73 in non‑GAAP EPS, and its Q3 outlook also exceeded estimates.
• Non‑GAAP net income reached $87.2 million and free cash flow turned positive at $69.9 million, sending shares up around 30% as analysts weighed rich valuation and some lifted targets, including Citi to $425.