MongoDB Inc Class A

MDB: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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MongoDB Earnings: AI Customer Onboarding Contributes to Atlas' Growth Outperformance

Luke Yang

May 29, 2026

MongoDB reported solid first-quarter results, with year-over-year revenue growth of 25%, beating the high end of guidance. Gross margin of 72% improved 100 basis points year over year, despite the lower-margin MongoDB Atlas expanding faster than expected at 29%.

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MongoDB Inc Class A

MongoDB Earnings: AI Customer Onboarding Contributes to Atlas' Growth Outperformance

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