MongoDB Inc (0KKZ.L) Q1 2026: 0kkz L

Executive Summary

MongoDB delivered QQ1 2026 results showing meaningful topline growth alongside ongoing investments in product development and go-to-market activities. Revenue reached $549.0 million, up 21.85% year over year, underscoring the platform’s continued demand for the cloud-native MongoDB Atlas DBaaS across multi-cloud environments. However, operating profitability remained negative as the company continues to fund R&D and SG&A expansion to accelerate ARR growth and customer acquisition. The quarter produced positive operating cash flow and free cash flow of $109.9 million, supported by a robust balance sheet and a sizable net cash position. The combination of healthy cash generation and a strong balance sheet provides a cushion for continued platform investment, though investors should monitor the trajectory of profitability as scale accelerates. Management commentary is expected to emphasize Atlas adoption, multi-cloud strategy, and enterprise migrations, which are critical longer-term growth levers for MongoDB.

Key Performance Indicators

Revenue

549.01M

QoQ: 0.11% | YoY:21.85%

Gross Profit

390.97M

71.21% margin

QoQ: -2.11% | YoY:20.24%

Operating Income

-53.55M

QoQ: -188.51% | YoY:45.46%

Net Income

-37.63M

QoQ: -337.75% | YoY:53.31%

EPS

-0.46

QoQ: -330.00% | YoY:58.18%

Revenue Trend

Margin Analysis

Key Insights

Financial Highlights

Revenue: $549,014,000 (YoY +21.85%, QoQ +0.11%). Gross Profit: $390,973,000; Gross Margin: 71.21% (YoY +20.24%, QoQ -2.11%). Operating Income: -$53,554,000 (YoY improvement +45.46%, QoQ -188.51%). Net Income: -$37,626,000 (YoY improvement +53.31%, QoQ -337.75%). EPS: -$0.46 (YoY +58.18%, QoQ -330.00%). Cash Flow: Net cash from operating activities $109,929,000; Free cash flow $109,929,000. Balance Sheet Highlights: Cash and cash equivalents $657,809,000; Short-term investments $1,796,129,000; Total cash & short-term investments $2,453,938,000; Total assets $3,624,420,000; Total liabilities $591,470,000; Stockholders’ equity $3,032,950,000; Net debt status net cash ~-$620,809,000. Liquidity and solvency signals remain strong despite near-term profitability pressures.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	549.01M	21.85%	0.11%
Gross Profit	390.97M	20.24%	-2.11%
Operating Income	-53.55M	45.46%	-188.51%
Net Income	-37.63M	53.31%	-337.75%
EPS	-0.46	58.18%	-330.00%

Key Financial Ratios

Net Income vs. Revenue

Expense Breakdown

Competitive Position

Company	Gross Margin	Operating Margin	Return on Equity	P/E Ratio
0KKZ.L Focus	71.21%	N/A	N/A	N/A
0TZZ.L	83.90%	-3.85%	-1.09%	-341.80%
0K4T.L	51.70%	27.60%	3.42%	27.34%
0J5Q.L	56.40%	22.90%	4.21%	20.77%
0J5Z.L	15.90%	7.51%	2.12%	24.37%

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q2 2026	591.40	-0.58	+23.7%	View
Q1 2026	549.01	-0.46	+21.9%	View
Q4 2025	548.40	0.19	+19.7%	View
Q3 2025	529.38	-0.13	+22.3%	View
Q2 2025	478.11	-0.74	+12.8%	View

MongoDB Inc (0KKZ.L) Q1 2026 Earnings Report

Earnings Highlights

MongoDB Inc (0KKZ.L) QQ1 2026 Results: Revenue Up 21.9% YoY with Cash-Rich Balance Sheet and Opex-Driven Profitability Challenge

Executive Summary

Key Performance Indicators

Revenue

Gross Profit

Operating Income

Net Income

EPS

Revenue Trend

Margin Analysis

Key Insights

Financial Highlights

Income Statement

Key Financial Ratios

Net Income vs. Revenue

Expense Breakdown

Management Commentary

Forward Guidance

Competitive Position

Gross Profit Margin

Operating Profit Margin

Return on Equity

P/E Ratio Comparison

Investment Outlook

Key Investment Factors

Growth Potential

Profitability Risk

Financial Position

SWOT Analysis

Strengths

Weaknesses

Opportunities

Threats

Historical Earnings Comparison

MongoDB Inc (0KKZ.L) Q1 2026 Earnings Report

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue

Gross Profit

Operating Income

Net Income

EPS

Revenue Trend

Margin Analysis

Key Insights

Financial Highlights

Income Statement

Key Financial Ratios

Net Income vs. Revenue

Expense Breakdown

Management Commentary

Forward Guidance

Competitive Position

Gross Profit Margin

Operating Profit Margin

Return on Equity

P/E Ratio Comparison

Investment Outlook

Key Investment Factors

Growth Potential

Profitability Risk

Financial Position

SWOT Analysis

Strengths

Weaknesses

Opportunities

Threats

Historical Earnings Comparison

More 0KKZ.L Quarterly Reports

0KKZ.L

0KKZ.L

0KKZ.L

0KKZ.L

Q1 2026 Reports in Technology Sector

Related Financial Data

Sector Analysis: Technology

0KKZ.L Full Profile

0KKZ.L Financial Statements

Earnings Calendar