Operations
As of September 2, 2026
Q2 Revenue
↑ 30% YoY
$771.8M
Divisions
Subscription
96.8%
Services
3.2%
Key Earnings Driver
Atlas Subscription revenue increased 31% year over year to $747.1 million. Within subscription, Atlas revenue increased approximately 29% to $565.9M, representing 76% of Subscription revenue, and Enterprise Advanced and other revenue increased 36% to $181.2M. Services revenue increased 29% to $24.6M. Management attributed Subscription growth primarily to increased Atlas consumption among large existing customers, alongside growth in Enterprise Advanced.
Key Operating Metrics¹
METRIC
STATUS
Subscription↑ 31%
Atlas↑ 29%
🟢 Scaling
Enterprise Advanced and other↑ 36%
Key Financial Metrics
Gross Margin
73.82%
+2.82 pp YoY
Backlog / Revenue
N/A
CapEx Intensity
0.32%
0.00x Revenue
Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.
