MongoDB delivered a robust fourth quarter for fiscal year 2026, achieving a 27% year-over-year revenue increase to $695 million, driven by strong demand for its Atlas platform and strategic customer expansions.
- Atlas revenue grew 29% year-over-year, exceeding a $2 billion run rate and generating $114 million in net new revenue for the quarter.
- Total customer count reached over 65,200, marking a 60% increase year-over-year with 2,700 new additions in Q4.
- The non-GAAP operating margin hit 23%, exceeding guidance and demonstrating effective cost management alongside revenue growth.
- Significant contract wins included a $90 million deal with a large tech firm and over $100 million with a financial institution, the largest in the company’s history.
- AI capabilities are gaining traction, with the number of customers leveraging vector search and embedding models doubling year-over-year.
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