MongoDB Q1 fiscal 2027 revenue rises 25%, raises full-year guidance on strong Atlas growth

MongoDB reported a 25% year-over-year revenue increase to $687.6 million in Q1 fiscal 2027, driven mainly by over 29% growth in its Atlas platform. The company improved profitability, narrowing its operating loss and posting a net income of $4.4 million compared to a loss last year. MongoDB also raised its full-year fiscal 2027 revenue guidance to $2.92-$2.96 billion, reflecting strong demand and strategic investments in AI and cloud capabilities. The company continues expanding its customer base and product leadership, positioning itself for durable long-term growth.