MongoDB, Inc. (NASDAQ:MDB) Surpasses Earnings and Revenue Estimates

Core Viewpoint - MongoDB, Inc. has demonstrated strong financial performance, significantly surpassing earnings and revenue expectations, driven by the growth of its cloud platform, Atlas Financial Performance - MongoDB reported earnings per share (EPS) of $1.32, exceeding the estimated $0.79, resulting in a 67.09% earnings surprise [2][6] - The company achieved revenues of $628.3 million for the quarter ending October 2025, surpassing the Zacks Consensus Estimate by 6.27% and showing an increase from $529.38 million in the same period last year [3][6] Stock Market Reaction - Following the release of its third-quarter 2026 financial results, MongoDB's stock surged by 21.8% in after-hours trading, closing at $328.87 after reporting higher-than-expected revenue and adjusted EPS [4] Growth Drivers - The CEO of MongoDB attributed the strong financial results to the robust growth of its cloud platform, Atlas, which saw a 30% year-over-year revenue increase [5] - In response to the strong performance, MongoDB revised its fiscal 2026 revenue forecast upwards to a range of $2.434 billion to $2.439 billion, up from the previous forecast of $2.25 billion [5] Financial Health - MongoDB maintains a strong balance sheet, highlighted by a debt-to-equity ratio of 0.012 and a current ratio of 5.25, indicating low leverage and strong liquidity [5][6]