MongoDB Reports Q2 Fiscal 2027 Earnings with Strong Revenue Growth
MongoDB reported strong financial results for the second quarter of fiscal year 2027, with total revenue reaching $772 million — a 30% increase compared to the same period last year. This marks the highest quarterly growth since fiscal year 2024. The company attributed much of its success to robust performance in both Atlas and Enterprise Advanced (EA) segments. Atlas saw approximately 29% year-over-year revenue growth for the fifth consecutive quarter, driven by large enterprise customers and AI adoption momentum. The EA segment also had a standout quarter with 36% year-over-year growth due to strong demand across its run-anywhere capabilities. MongoDB ended Q2 with 70.6 thousand total customers, adding a record 2.9 thousand net new customers during the period. The company noted that Voyage customer count nearly doubled on a quarterly basis and Atlas Vector Search adoption is outpacing other areas of growth. MongoDB’s non-GAAP operating margin reached 24%, reflecting strong revenue performance and efficient cost management.
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