MongoDB reported strong financial results for the third quarter of fiscal year 2026, with total revenue reaching $628.3 million, a 19% year-over-year increase.
Atlas revenue experienced a significant growth of 30% year-over-year, contributing to the company's success.
The company added 2,600 new customers in the quarter, bringing the total customer count to over 62,500 as of October 31, 2025.
Revenue Growth
Total revenue increased by 19% year-over-year, reaching $628.3 million in the third quarter.
Customer Expansion
Added 2,600 new customers, pushing the total customer count to over 62,500 as of October 31, 2025.
Leadership Change
Chirantan 'CJ' Desai appointed as President and CEO, succeeding Dev Ittycheria after 11 years.
Industry Recognition
MongoDB recognized as a Leader in the 2025 Gartner Magic Quadrant for Cloud Database Management Systems for the fourth consecutive year.
Product Expansion
Introduction of search and vector search capabilities in MongoDB Community Edition and Enterprise Server.
- The company's strong financial performance signifies a growing demand for its services, reflected in the significant revenue increase and customer growth.
- The appointment of a new President and CEO indicates a strategic leadership change that aims to drive further innovation and growth.
- Industry recognition and product expansions highlight MongoDB's commitment to staying at the forefront of technological advancements and customer satisfaction.
In conclusion, MongoDB's third quarter results demonstrate a robust growth trajectory, underpinned by increased revenue, customer acquisitions, and strategic product enhancements. The company's focus on innovation and market leadership positions it for continued success in the future.