"MongoDB has beaten EPS estimates in each of the last eight consecutive quarters, with an average surprise of 60.8% over that stretch. Last quarter's beat was the largest of the recent run, with reported non-GAAP EPS of $1.32 against an estimate of $0.79, a 66% positive surprise."
"Total revenue came in at $529 million, a 22% year-over-year increase above the high end of guidance. Atlas, the company's cloud database service, grew 26% and represented 68% of total revenue."
"Management's key promise heading into tonight: Atlas consumption would face a typical seasonal slowdown in Q4 due to holiday-period moderation, and year-over-year Atlas growth would continue to decelerate."
MongoDB is reporting fiscal fourth quarter 2026 earnings with consensus expectations of $1.47 non-GAAP EPS and $669.37 million in revenue. The company has demonstrated strong performance, beating EPS estimates in eight consecutive quarters with an average surprise of 60.8%, including last quarter's 66% beat. In Q3, total revenue reached $529 million with 22% year-over-year growth, while Atlas cloud database service grew 26% and comprised 68% of revenue. Management previously indicated Q4 would face typical seasonal slowdown in Atlas consumption with continued year-over-year growth deceleration. A CFO transition is underway with Serge Tanjga assuming interim leadership. Key focus areas include whether EPS significantly exceeds $1.47 and whether Atlas revenue growth remains above expectations despite anticipated seasonal moderation.
Read at 24/7 Wall St.
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