MongoDB (MDB) shares surged nearly 16% after reporting fiscal Q1 2026 earnings that exceeded analyst expectations, with sales reaching $549 million and EPS at $1.00. While sales grew 22% year-over-year, gross profit margins contracted, and the company reported a GAAP loss of $0.46 per share; however, free cash flow increased 74% to $105.9 million. Management projects continued sales growth, forecasting over $2.25 billion for the year, though the company remains GAAP-unprofitable with a price-to-free cash flow ratio of 114.
MongoDB (MDB) experienced a significant 15.8% stock price increase following its fiscal Q1 2026 earnings announcement, which surpassed analyst expectations. The company reported sales of $549 million, exceeding the $527.5 million forecast, and delivered adjusted non-GAAP earnings per share (EPS) of $1.00, substantially above the anticipated $0.66. This performance was driven by a 22% year-over-year sales surge. However, not all metrics were positive; the gross profit margin contracted from 73% to 71%. Furthermore, MongoDB remained unprofitable on a GAAP basis, reporting a $0.46 loss per share for the quarter, though this marked a considerable improvement from the $1.10 GAAP loss in the prior year's Q1. A key highlight was the 74% year-over-year growth in free cash flow (FCF), which reached $105.9 million in the quarter, contributing to a record $166 million in FCF over the last twelve reported months. Despite this strong FCF generation, MongoDB's stock trades at a high price-to-free cash flow ratio of 114. Management provided optimistic forward guidance, projecting sales to exceed analyst estimates for the next quarter ($548 million to $553 million) and for the full year (over $2.25 billion), with non-GAAP earnings also expected to surpass expectations, although specific FCF guidance was not provided.
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