MongoDB Inc.
MongoDB Reports Strong Q1 FY2026 Results with 22% Revenue Growth
Summary
MongoDB, Inc. announced its financial results for the first quarter of fiscal 2026 on June 4, 2025. The company reported total revenue of $549.0 million, a 22% increase year-over-year, and added 2,600 customers, bringing the total customer count to over 57,100. MongoDB Atlas revenue grew by 26% year-over-year, accounting for 72% of total Q1 revenue. The company also authorized an additional $800 million for share repurchases, increasing the total buyback authorization to $1 billion.
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About MongoDB Inc.
MongoDB Inc. is a leading provider of modern database platforms designed for broad applicability across a variety of use cases. The company is renowned for its flagship product, MongoDB, a NoSQL database program that is open-source and offers a flexible data model, scalability, and developer focused performance. MongoDB’s architecture supports both small to enterprise-scale applications, accommodating a wide range of deployment options from cloud to on-premises environments. MongoDB Atlas, the fully-managed global cloud database service offered by the company, simplifies database operation and automates time-consuming administration tasks such as hardware provisioning and backup. This product suite is integral across various industries including finance, healthcare, and telecommunications, facilitating seamless integration of complex data processing. MongoDB Inc., headquartered in New York City, plays a crucial role in helping organizations transition to agile database management systems, emphasizing speed and flexibility for application developers across the globe.
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