{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Earnings Debate","title":"MongoDB, Inc. (MDB) Announced Q2 2027 Earnings on September 1, 2026, Reporting \"Total revenue in the second quarter was $771.8 million representing 30% year-over-year growth\"","html":"","width":"100%","height":180,"duration":1001,"description":"MongoDB reported strong financial results for the second quarter of fiscal year 2027.\nMichael Berry stated that \"Total revenue in the second quarter was $771.8 million representing 30% year-over-year growth\" compared to 24% growth in the year-ago period.\nAtlas revenue grew approximately 29% year-over-year, marking the sixth straight quarter of year-over-year dollar growth, adding a \"record $127 million in the quarter\". Chirantan Desai reported that \"EA and other had a standout quarter, growing 36% year-over-year due to widespread strength driven by our run anywhere capabilities\", while Michael Berry noted that EA and other revenue grew approximately 30% year-over-year.\nThe company delivered a non-GAAP gross margin of 75.9% and non-GAAP income from operations of $185.9 million, resulting in a non-GAAP operating margin of 24%.\nSecond quarter non-GAAP net income was $162.6 million, or $1.90 per share.\nOperating cash flow was $141.9 million and free cash flow was $137.6 million, bringing first-half free cash flow to $335 million.In terms of business updates, Chirantan Desai highlighted that MongoDB is \"emerging as the real-time intelligent data platform for modern application in the multi-cloud and AI era.\" The company ended the quarter with 70,600 total customers, adding a sequential record of approximately 2,900 net new customers.\nDesai pointed out that \"Voyage customer count nearly doubled quarter-over-quarter\" and \"Atlas Vector Search adoption continues to outpace the growth of the rest of the company, showing our strong early momentum for AI workloads.\" Additionally, total company net ARR expansion rate increased to 122% from 121% in the prior quarter. To expand its developer reach, MongoDB launched a managed Model Context Protocol Server, allowing developers and agents to connect directly to MongoDB when using tools such as Claude Code, Codex, Grok Build, Cursor, and Devin.\nFor the third quarter of fiscal year 2027, management expects total revenue of $756...","thumbnail_url":"https://img.transistorcdn.com/xJuh_6koFF8CKKFzV-oIB_PzOA86GyxN802qWUMHjC4/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS80ODli/Mjg2OGQ5YjVkMzU2/Yjg0NzMxNTJiZGRj/NzFjOC5qcGVn.webp","thumbnail_width":300,"thumbnail_height":300}