MongoDB lifts 2027 guidance on strong Q1 driven by Atlas AI momentum
May 28, 2026, 4:10 PM EDT2 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Guidance raise coupled with strong Q1, robust RPO, and strategic partnerships suggests durable revenue growth and margin expansion, supporting near-term upside and potential multiple- expansion in a software/AI cycle.
AI summary
What happened, with direct paths to the underlying reporting
MongoDB reported a robust start to fiscal 2027 with Q1 revenue of $687.6 million, up 25% year over year, led by Atlas growth. The company raised full-year guidance to $2.92–$2.96 billion and posted healthy margins and cash flow, underscoring durable demand for its database and AI-enabled platform. Strategic actions—including Clarity’s US Federal focus, a Google Cloud partnership, and Ireland expansion—support a multi-year growth runway.
MDB Q1 FY2027 revenue $687.6m, up 25% YoY.
Atlas revenue up >29% YoY; EA & other revenue up 13%.
RPO $1,458.6m, +88% YoY; cRPO $766.3m, +69%.
Raising full-year FY2027 guidance to $2.92–$2.96b; Q2 $729–$734m.
Acquired Clarity for US Federal vertical; Google Cloud partner of the year; Ireland expansion; leadership hires.
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