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Get filing alertsMongoDB reports 25% revenue growth, raises FY2027 guidance, appoints new CRO and CPO
Filed May 28, 2026 · Period ending May 28, 2026 · ~1 min read
Key Changes
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high
Q1 FY2027 revenue of $687.6M, up 25% YoY; turned GAAP profitable with net income of $4.4M ($0.05/share) vs. prior-year loss of $37.6M; non-GAAP EPS $1.32 vs. $1.00
Exhibit 99.1 view on EDGAR → -
high
Raised full-year FY2027 revenue guidance to $2.92B-$2.96B; Atlas cloud platform revenue grew >29% YoY, Enterprise Advanced and other products up >13%
Exhibit 99.1 view on EDGAR → -
medium
Appointed Ryan Mac Ban as Chief Revenue Officer and restructured product leadership with Pablo Stern as CPO for AI/Emerging Products and Ben Cefalo as CPO for Core Products
Exhibit 99.1 view on EDGAR → -
medium
Acquired Clarity Business Solutions to strengthen US Federal vertical; Clarity has provided specialized support for classified government workloads since 2021
Exhibit 99.1 view on EDGAR →
Summary
MongoDB delivered strong first-quarter fiscal 2027 results with 25% revenue growth to $687.6 million and turned GAAP profitable for the first time in recent quarters. The company's Atlas cloud database platform continues to drive growth with revenue up more than 29% year-over-year, while Enterprise Advanced products grew more than 13%.
Management raised full-year revenue guidance to $2.92 billion to $2.96 billion, reflecting confidence in Atlas momentum. The company announced significant leadership changes to support its growth trajectory. Ryan Mac Ban joins as Chief Revenue Officer to lead go-to-market efforts, while the product organization was restructured with Pablo Stern overseeing AI and emerging products and Ben Cefalo leading core products.
MongoDB also acquired Clarity Business Solutions, a longtime partner serving classified US Government workloads, to strengthen its federal business. The combination of accelerating growth, improved profitability, and strategic leadership appointments positions MongoDB to scale its cloud database platform and expand into new verticals.
Section-by-Section Diff
Event · Exhibit 99.1
MongoDB reported Q1 FY2027 results with 25% revenue growth, raised full-year guidance, and announced leadership appointments including a new CRO and CPO.
Added in current filing · view on EDGAR →
Total revenue was $687.6 million for the first quarter of fiscal 2027, an increase of 25% year-over-year. Subscription revenue was $666.1 million, an increase of 25% year-over-year, and services revenue was $21.5 million, an increase of 22% year-over-year.
MongoDB reported first quarter fiscal 2027 revenue of $687.6 million, up 25% year-over-year, driven by subscription revenue growth of 25% to $666.1 million. The company turned GAAP profitable with net income of $4.4 million ($0.05 per diluted share) compared to a net loss of $37.6 million in the prior-year quarter. Non-GAAP net income was $112.3 million ($1.32 per fully diluted share), up from $86.3 million ($1.00 per share) a year earlier.
Added in current filing · view on EDGAR →
Atlas revenue up more than 29% year-over-year in the first quarter fiscal 2027
EA & other revenue up more than 13% year-over-year in the first quarter fiscal 2027
MongoDB's Atlas cloud database platform grew revenue more than 29% year-over-year, while Enterprise Advanced and other products grew more than 13%. The detailed revenue breakdown shows Atlas-related revenue of $512.5 million and Enterprise Advanced and other revenue of $153.7 million. Atlas continues to be the primary growth driver for the company.
Added in current filing · view on EDGAR →
Revenues are expected to be in the range of: $2.92 billion to $2.96 billion
MongoDB raised its full-year fiscal 2027 revenue guidance to $2.92 billion to $2.96 billion, driven mainly by strength in Atlas. The company also provided Q2 fiscal 2027 revenue guidance of $729 million to $734 million. Non-GAAP operating income guidance for the full year is $571 million to $591 million, with non-GAAP EPS of $5.95 to $6.14.
Added in current filing · view on EDGAR →
MongoDB appointed Ryan Mac Ban as Chief Revenue Officer and Doug Bowers as Chief Information Security Officer. Pablo Stern joined the company as Chief Product Officer, AI and Emerging Products, while Ben Cefalo, a longtime MongoDB product leader, was named Chief Product Officer, Core Products.
MongoDB announced several senior leadership appointments to strengthen its go-to-market and product organizations. Ryan Mac Ban was appointed Chief Revenue Officer, Doug Bowers as Chief Information Security Officer, Pablo Stern as Chief Product Officer for AI and Emerging Products, and Ben Cefalo as Chief Product Officer for Core Products. The CEO stated these changes position the company to move with greater velocity in delivering innovation and scaling globally.
Added in current filing · view on EDGAR →
MongoDB acquired Clarity Business Solutions to strengthen its US Federal vertical. Clarity has been a trusted partner of ours since 2021, providing specialized support and professional services for highly classified workloads within the US Government. Clarity will operate as a separate entity as we work through the integration process.
MongoDB acquired Clarity Business Solutions, a partner since 2021 that provides specialized support for highly classified US Government workloads. The acquisition strengthens MongoDB's US Federal vertical. Clarity will operate as a separate entity during the integration process. Financial terms were not disclosed.
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