MongoDB (MDB) Earnings: Q3 2026 Revenue Beat, EPS Miss

MongoDB Inc. (MDB) Q3 2026 Earnings

Total revenue rose 18.7% year-over-year to $628.3 million, beating the Street revenue estimate of $599.2 million (about a 4.9% beat, or roughly $29.1 million above estimate).

Gross profit increased to $449.1 million (+14.0% YoY) while cost of sales grew to $179.2 million (+32.4% YoY), reflecting continued investment in product delivery.

On an operating basis the company remained unprofitable: operating income was -$18.4 million (down 33.9% YoY). Net income attributable to common shareholders was a loss of -$2.0 million (down 79.5% YoY), and diluted EPS was -0.02 (versus an EPS estimate of 0.8049), representing a substantial miss.

Cash generation strengthened: cash from operating activities rose to $72.1 million (+92.6% YoY). Capital expenditures fell to -$0.5 million (-72.9% YoY), supporting free-cash-flow improvement.

Liquidity and balance-sheet position: cash and cash equivalents totaled $834.1 million (+23.9% YoY), while total liabilities declined to $678.2 million (down 60.6% YoY), leaving the company with a stronger net cash posture.

In short, MongoDB (MDB) delivered revenue and gross-profit growth and exceeded revenue expectations, but remained slightly unprofitable on the income statement and missed EPS estimates. Improved operating cash flow and a reduced liability base are positive balance-sheet developments to watch as the company looks to translate revenue growth into consistent profitability.

MongoDB Inc. Insider Trading Activity

MongoDB Inc. insiders have traded $MDB stock on the open market 65 times in the past 6 months. Of those trades, 0 have been purchases and 65 have been sales.

Here’s a breakdown of recent trading of $MDB stock by insiders over the last 6 months:

DWIGHT A MERRIMAN has made 0 purchases and 24 sales selling 72,820 shares for an estimated $23,269,708.
DEV ITTYCHERIA (President & CEO) has made 0 purchases and 20 sales selling 78,742 shares for an estimated $20,628,523.
PETER THOMAS KILLALEA has made 0 purchases and 8 sales selling 20,000 shares for an estimated $6,437,452.
CHARLES M JR HAZARD has made 0 purchases and 8 sales selling 11,001 shares for an estimated $3,405,794.
THOMAS BULL (Chief Accounting Officer) has made 0 purchases and 2 sales selling 3,000 shares for an estimated $826,250.
HOPE F COCHRAN has made 0 purchases and 2 sales selling 2,348 shares for an estimated $621,057.
CEDRIC PECH (President, Field Operations) sold 354 shares for an estimated $72,941

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

MongoDB Inc. Hedge Fund Activity

We have seen 440 institutional investors add shares of MongoDB Inc. stock to their portfolio, and 417 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PRICE T ROWE ASSOCIATES INC /MD/ added 1,840,251 shares (+1630.9%) to their portfolio in Q3 2025, for an estimated $571,177,105
VALUEACT HOLDINGS, L.P. added 1,427,700 shares (+206.8%) to their portfolio in Q3 2025, for an estimated $443,129,526
FIL LTD removed 1,171,356 shares (-49.6%) from their portfolio in Q3 2025, for an estimated $363,565,475
FMR LLC added 987,736 shares (+99.0%) to their portfolio in Q3 2025, for an estimated $306,573,499
MORGAN STANLEY added 933,176 shares (+52.2%) to their portfolio in Q3 2025, for an estimated $289,639,166
SRS INVESTMENT MANAGEMENT, LLC removed 856,991 shares (-61.4%) from their portfolio in Q3 2025, for an estimated $265,992,866
JERICHO CAPITAL ASSET MANAGEMENT L.P. added 852,540 shares (+162.1%) to their portfolio in Q3 2025, for an estimated $264,611,365

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

MongoDB Inc. Congressional Stock Trading

Members of Congress have traded $MDB stock 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $MDB stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 2 purchases worth up to $30,000 on 10/17, 09/12 and 0 sales.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

MongoDB Inc. Analyst Ratings

Wall Street analysts have issued reports on $MDB in the last several months. We have seen 22 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Rosenblatt issued a "Buy" rating on 11/25/2025
Citigroup issued a "Buy" rating on 11/20/2025
Guggenheim issued a "Buy" rating on 11/18/2025
DA Davidson issued a "Buy" rating on 11/04/2025
RBC Capital issued a "Outperform" rating on 11/04/2025
Wells Fargo issued a "Overweight" rating on 10/01/2025
Canaccord Genuity issued a "Buy" rating on 09/22/2025

To track analyst ratings and price targets for MongoDB Inc., check out Quiver Quantitative's $MDB forecast page.

MongoDB Inc. Price Targets

Multiple analysts have issued price targets for $MDB recently. We have seen 30 analysts offer price targets for $MDB in the last 6 months, with a median target of $375.0.

Here are some recent targets:

Blair Abernethy from Rosenblatt set a target price of $385.0 on 11/25/2025
Tyler Radke from Citigroup set a target price of $440.0 on 11/20/2025
Howard Ma from Guggenheim set a target price of $400.0 on 11/18/2025
Rudy Kessinger from DA Davidson set a target price of $415.0 on 11/04/2025
Rishi Jaluria from RBC Capital set a target price of $405.0 on 11/04/2025
Keith Bachman from BMO Capital set a target price of $415.0 on 11/04/2025
Miller Jump from Truist Securities set a target price of $400.0 on 11/04/2025