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The consensus mark for the to-be-reported quarter's earnings is pegged at $1.60 per share, unchanged over the past 30 days. The estimate indicates year-over-year growth of 60%.
MDB beat the Zacks Consensus Estimate for earnings in all the trailing four quarters, with an average surprise of 36.86%.
Let’s see how things have shaped up before this announcement.
Factors Likely to Shape MDB’s Q2 Results
MongoDB’s Atlas business is expected to have remained a key growth driver in the second quarter of fiscal 2027. Atlas revenues increased more than 29% year over year in the fiscal first quarter, prompting management to raise its full-year fiscal 2027 guidance, mainly driven by Atlas strength. With fiscal second-quarter revenues guided to $729-$734 million, up sequentially from $687.6 million, continued Atlas adoption across enterprise workloads and emerging AI use cases likely supported growth. Consequently, Atlas momentum is anticipated to have been a major contributor to MongoDB’s performance in the quarter under review.
MongoDB’s expanding AI capabilities are likely to have supported demand during the second quarter of fiscal 2027. The company introduced seven platform capabilities aimed at moving customers from AI experimentation to high-performance production deployment, including automated retrieval and persistent AI agent memory. Its strategic partnership with LangChain further integrates vector search, persistent memory and natural-language querying into MongoDB Atlas. These enhancements could have encouraged enterprises to consolidate AI workloads on MongoDB’s platform, strengthening Atlas adoption and expanding opportunities in emerging AI use cases during the quarter.
MongoDB’s sharply higher Remaining Performance Obligations (RPO) likely provided an important foundation for the second-quarter fiscal 2027 revenues. RPO surged 88% year over year to $1.46 billion, while current RPO increased 69% to $766.3 million in the prior quarter. The strength of these contracted obligations indicates a larger pool of committed business that can translate into revenues over time. Thus, MongoDB is expected to have benefited from stronger revenue visibility and contractual commitments as it entered the second quarter, supporting sustained top-line growth in the to-be-reported quarter.
However, MongoDB’s Enterprise Advanced (EA) & other revenues are anticipated to face pressure in second-quarter fiscal 2027 from the unpredictable timing of large multiyear deals and tougher comparisons later in the fiscal year. Although management expects EA & other revenues to grow about 20% in the quarter, the company acknowledged that the duration of EA deals remains difficult to predict. Any delays or weaker-than-expected contract closures could therefore have weighed on revenue performance and increased the risk of a shortfall against expectations in the quarter under review.
What Our Model Says About MongoDB Stock
Our proven model does not conclusively predict an earnings beat for MongoDB this time around. According to the Zacks model, the combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here.
MDB has an Earnings ESP of 0.00% and a Zacks Rank #3 at present. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Stocks to Consider
Here are a few companies worth considering, as our model indicates that they possess the right combination of factors to exceed earnings expectations in their upcoming releases:
Dell Technologies (DELL - Free Report) currently has an Earnings ESP of +6.20% and sports a Zacks Rank #1. DELL shares have surged 275.1% year to date. DELL is set to report its second-quarter fiscal 2027 results on Sept. 1, 2026. You can see the complete list of today’s Zacks #1 Rank stocks here.
Docusign (DOCU - Free Report) presently has an Earnings ESP of +1.73% and a Zacks Rank #2. DOCU shares have declined 6.8% year to date. DOCU is set to report its second-quarter fiscal 2027 results on Sept. 3, 2026.
Hewlett Packard (HPE - Free Report) has an Earnings ESP of +6.54% and a Zacks Rank #2 at present. HPE shares have returned 21% year to date. HPE is slated to report its third-quarter fiscal 2026 results on Sept. 2.
View the Zacks #1 Rank List
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MongoDB's Q2 Earnings Ahead: What's in Store for the Stock?
Key Takeaways
MongoDB (MDB - Free Report) is scheduled to report its second-quarter fiscal 2027 results on Sept. 1, 2026.
MDB expects second-quarter fiscal 2027 revenues to range from $729 million to $734 million.
The Zacks Consensus Estimate for second-quarter fiscal 2027 revenues is pegged at $733.61 million, indicating 24.05% year-over-year growth.
MDB’s second-quarter fiscal 2027 non-GAAP earnings per share are expected to be between $1.58 and $1.61.
MongoDB, Inc. Price and EPS Surprise
MongoDB, Inc. price-eps-surprise | MongoDB, Inc. Quote
The consensus mark for the to-be-reported quarter's earnings is pegged at $1.60 per share, unchanged over the past 30 days. The estimate indicates year-over-year growth of 60%.
MDB beat the Zacks Consensus Estimate for earnings in all the trailing four quarters, with an average surprise of 36.86%.
Let’s see how things have shaped up before this announcement.
Factors Likely to Shape MDB’s Q2 Results
MongoDB’s Atlas business is expected to have remained a key growth driver in the second quarter of fiscal 2027. Atlas revenues increased more than 29% year over year in the fiscal first quarter, prompting management to raise its full-year fiscal 2027 guidance, mainly driven by Atlas strength. With fiscal second-quarter revenues guided to $729-$734 million, up sequentially from $687.6 million, continued Atlas adoption across enterprise workloads and emerging AI use cases likely supported growth. Consequently, Atlas momentum is anticipated to have been a major contributor to MongoDB’s performance in the quarter under review.
MongoDB’s expanding AI capabilities are likely to have supported demand during the second quarter of fiscal 2027. The company introduced seven platform capabilities aimed at moving customers from AI experimentation to high-performance production deployment, including automated retrieval and persistent AI agent memory. Its strategic partnership with LangChain further integrates vector search, persistent memory and natural-language querying into MongoDB Atlas. These enhancements could have encouraged enterprises to consolidate AI workloads on MongoDB’s platform, strengthening Atlas adoption and expanding opportunities in emerging AI use cases during the quarter.
MongoDB’s sharply higher Remaining Performance Obligations (RPO) likely provided an important foundation for the second-quarter fiscal 2027 revenues. RPO surged 88% year over year to $1.46 billion, while current RPO increased 69% to $766.3 million in the prior quarter. The strength of these contracted obligations indicates a larger pool of committed business that can translate into revenues over time. Thus, MongoDB is expected to have benefited from stronger revenue visibility and contractual commitments as it entered the second quarter, supporting sustained top-line growth in the to-be-reported quarter.
However, MongoDB’s Enterprise Advanced (EA) & other revenues are anticipated to face pressure in second-quarter fiscal 2027 from the unpredictable timing of large multiyear deals and tougher comparisons later in the fiscal year. Although management expects EA & other revenues to grow about 20% in the quarter, the company acknowledged that the duration of EA deals remains difficult to predict. Any delays or weaker-than-expected contract closures could therefore have weighed on revenue performance and increased the risk of a shortfall against expectations in the quarter under review.
What Our Model Says About MongoDB Stock
Our proven model does not conclusively predict an earnings beat for MongoDB this time around. According to the Zacks model, the combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here.
MDB has an Earnings ESP of 0.00% and a Zacks Rank #3 at present. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Stocks to Consider
Here are a few companies worth considering, as our model indicates that they possess the right combination of factors to exceed earnings expectations in their upcoming releases:
Dell Technologies (DELL - Free Report) currently has an Earnings ESP of +6.20% and sports a Zacks Rank #1. DELL shares have surged 275.1% year to date. DELL is set to report its second-quarter fiscal 2027 results on Sept. 1, 2026. You can see the complete list of today’s Zacks #1 Rank stocks here.
Docusign (DOCU - Free Report) presently has an Earnings ESP of +1.73% and a Zacks Rank #2. DOCU shares have declined 6.8% year to date. DOCU is set to report its second-quarter fiscal 2027 results on Sept. 3, 2026.
Hewlett Packard (HPE - Free Report) has an Earnings ESP of +6.54% and a Zacks Rank #2 at present. HPE shares have returned 21% year to date. HPE is slated to report its third-quarter fiscal 2026 results on Sept. 2.