MongoDB reported QQ3 2026 revenue of $628.3 million, up 18.69% year over year and 6.24% quarter over quarter, with gross profit of $449.1 million and a gross margin of approximately 71.5%. The company posted a GAAP operating loss of $18.4 million and a net loss of $2.0 million, yielding an EPS of -$0.03. Positive free cash flow of $143.5 million supported by a robust cash flow engine (operating cash flow of $143.5 million) contributed to a net cash position of roughly $799.5 million, with total cash and short-term investments around $2.31 billion. The balance sheet remains strong, with total assets of $3.57 billion and total stockholders’ equity of $2.89 billion, underscoring substantial liquidity despite ongoing investment in growth initiatives, notably MongoDB Atlas and multi-cloud capabilities. Management commentary (where available) emphasizes continued platform expansion, multi-cloud adoption, and the potential for leveraging Atlas to drive higher ARR and cross-sell opportunities, even as profitability remains a near-term GAAP hurdle given ongoing investment in R&D and go-to-market initiatives.
Key Performance Indicators
Revenue
Increasing
628.31M
QoQ: 6.24% | YoY: 18.69%
Gross Profit
Increasing
449.13M
71.48% margin
QoQ: 6.94% | YoY: 13.98%
Operating Income
Increasing
-18.42M
QoQ: 71.78% | YoY: 33.91%
Net Income
Increasing
-2.01M
QoQ: 95.73% | YoY: 79.47%
EPS
Increasing
-0.03
QoQ: 94.83% | YoY: 76.92%
Revenue Trend
Margin Analysis
Financial Highlights
- Revenue: $628.309 million (YoY +18.69%; QoQ +6.24%)
- Gross Profit: $449.132 million (YoY +13.98%; QoQ +6.94%)
- Operating Income: -$18.424 million (YoY improvement in growth investments; margin -2.93%)
- Net Income: -$2.008 million (YoY change driven by investment/one-time items; EPS -$0.03)
- EBITDA: -$19.76 million; EBITDA Margin: -3.15%
- Free Cash Flow: $143.51 million; FCF Margin: ~22.8%
- Cash & Equivalents: $834.092 million; Short-term investments: $1,471.669 million; Total cash & short-term investments: $2,305.761 million
- Net Debt: -$799.467 million (net cash position)
- Balance Sheet: Total assets $3.5666B; Total liabilities $678.210 million; Total stockholders’ equity $2.889B
- Key profitability metrics indicate ongoing top-line growth with margin expansion potential as the company moves toward profitability from an investment-led model.
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
628.31M
18.69%
6.24%
Gross Profit
449.13M
13.98%
6.94%
Operating Income
-18.42M
33.91%
71.78%
Net Income
-2.01M
79.47%
95.73%
EPS
-0.03
76.92%
94.83%
Key Financial Ratios
Management Insights Available for Members
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