MongoDB kicked off FY26 with solid momentum—revenue hit $549M, up 22% YoY, while Atlas, its cloud database, grew 26% and now drives 72% of total revenue. The company expanded its customer base by 2,600, reaching a total of 57,100. Free cash flow surged to $105.9 million, while losses decreased significantly, with non-GAAP net income climbing to $86.3 million. Additionally, the company increased its stock repurchase program to $1 billion. On the AI front, MongoDB launched new retrieval models and a protocol to connect databases with tools like Claude and GitHub Copilot—aiming to simplify AI-powered app building for devs.
Read more on: Mongodb