MongoDB announces first quarter fiscal 2027 financial results
Revenue grew 25% year-over-year to $687.6 million, beating expectations and raising full-year guidance.
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Document-oriented distributed database platform
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In short: MongoDB reported 25% revenue growth in Q1 FY2027 and launched MongoDB 8.3, significantly enhancing performance and AI agent capabilities.
Revenue grew 25% year-over-year to $687.6 million, beating expectations and raising full-year guidance.
The integration uses Atlas and Voyage AI for long-term semantic recall across sessions.
The release adds 35% more write throughput and 45% more reads over 8.0, along with cross-region PrivateLink and zero-downtime capabilities.
Introduces Automated Voyage AI Embeddings, MongoDB 8.3, LangGraph.js memory, and AWS PrivateLink support at MongoDB.local London.
"A capex supercycle is taking hold," Peter Oppenheimer, the bank's chief global equity strategist, said in a client note on Tuesday.
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Jun 1, 2026 MongoDB, Inc.
MongoDB director Dwight A. Merriman sells 16,000 shares in open-market trades under a Rule 10b5-1 plan, retaining over 1.5M direct and indirect shares afterward.
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