MongoDB (NASDAQ: MDB) — Q2 FY2027 Post Earnings

MongoDB q2 27 Post Earnings

Operations

Q2 2027
Q2 Revenue ↑ 30.5% YoY $771.8M
Segments
Subscription 96.8%
Services 3.2%

Key Earnings Driver

MongoDB Enterprise Advanced and other Subscription revenue increased 30.5% year over year to $747.1 million. Within subscription, Atlas-related revenue increased approximately 28.9% to $565.9M and MongoDB Enterprise Advanced and other revenue increased 35.9% to $181.2M. Services revenue increased 29.3% 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↑ 30.5%

Atlas–related↑ 28.9%

MongoDB Enterprise Advanced and other↑ 35.9%

🟢 Scaling

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.

Elastic (NYSE: ESTC) — Q1 FY2027 Post Earnings

Post earnings note company quarterly analysis

Operations

Q1 2027
Q1 Revenue ↑ 15.1% YoY $478.1M
Segments
Elastic Cloud 49.2%
Other Subscription 44.7%
Services 6.1%

Key Earnings Driver

Elastic Cloud Elastic Cloud revenue increased 20.1% year over year to $235.2 million, Other Subscription Revenue increased 10.7% and Services revenue increased 10%. Elastic Cloud was the company’s fastest-growing reported revenue category.

Key Operating Metrics¹

METRIC

STATUS

Elastic Cloud↑ 20.1%

🟢 Scaling

Other Subscription↑ 10.7%

Key Financial Metrics

Gross Margin 74.50% -2.2 pp YoY
Backlog / Revenue 387.8% 3.87x Qtr Rev
CapEx Intensity 0.12% 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.