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    MongoDB Inc (MDB)

    Q1 2026 Earnings Summary

    Reported on Jun 4, 2025 (After Market Close)
    Pre-Earnings Price$199.73Last close (Jun 4, 2025)
    Post-Earnings Price$234.75Open (Jun 5, 2025)
    Price Change
    $35.02(+17.53%)
    MetricYoY ChangeReason

    Total Revenue

    +22% YoY (from $450.561M to $549.014M)

    The 22% increase in Q1 FY2026 total revenue is driven by robust growth in both subscription and services revenues. This builds on FY2025 trends where total revenue surged by 19% due to increased demand, particularly from Direct Sales Customers transitioning to MongoDB Atlas, further compounded by additional customer adoption in prior periods vs.

    Subscription Revenue

    +21.7% YoY (from $436.90M to $531.455M)

    The subscription revenue boost reflects continued strong demand for MongoDB’s platform. In FY2025, subscription revenue grew by 19% fueled by a $269.4M increase from Direct Sales Customers, and this momentum carried into Q1 FY2026 with a 21.7% increase—likely driven by further conversions and the accelerated adoption of MongoDB Atlas, replicating prior period trends vs.

    Services Revenue

    +28% YoY (from $13.67M to $17.559M)

    A 28% increase in services revenue marks an acceleration compared to prior growth rates (12% in FY2025 and 14% in FY2024). This suggests that along with increased demand for consulting and training services, MongoDB has expanded its service offerings and scaled operations to support the growing platform adoption, leveraging its previous investments and customer base expansion vs.

    Americas Revenue

    +22.4% YoY (from $272.093M to $332.867M)

    The Americas region experienced a 22.4% YoY increase, continuing the trend from FY2025 where growth was driven by higher subscription revenue from Direct Sales Customers. The regional uplift reflects the ongoing success of MongoDB Atlas and the strong market dynamics in the Americas, building on last year’s $1,213.1M revenue performance driven by similar strategic initiatives vs.

    EMEA Revenue

    +22.3% YoY (from $123.296M to $150.766M)

    Q1 FY2026 EMEA revenue grew by 22.3%, in line with global trends of increasing subscription and services revenue. Although prior period details for FY2025 indicated an 18% increase (from $469.1M to $553.1M annually), the sustained growth in digital adoption and MongoDB’s expanding international footprint likely underpin the improved figures seen in Q1 FY2026 vs.

    Asia Pacific Revenue

    +18.4% YoY (from $55.172M to $65.381M)

    The Asia Pacific region reported an 18.4% increase in Q1 FY2026 revenue, slightly lower than other regions. This growth continues the upward trend from FY2025 where revenue increased by approximately 21.6%, driven by the expansion of MongoDB Atlas and increased local customer adoption, although regional market dynamics may have moderated the growth rate vs.

    MetricPeriodGuidanceActualPerformance
    Revenue
    Q1 2026
    $524 million to $529 million
    549.014 million
    Beat