MongoDB, Inc. reported a net loss of $2.0 million in the third quarter of fiscal 2026, a significant improvement from the $9.8 million loss in the same period last year. Total revenue increased by 19% year-over-year to $628 million, with adjusted earnings of $1.32 per share, beating estimates. The company credited strong demand for its Atlas cloud platform and AI-ready database services for the positive results. MongoDB raised its fiscal 2026 guidance, expecting revenue between $2.434 billion and $2.439 billion for the full year. After-hours trading saw a 15.64% increase to $380.31 on the NasdaqGM.

Read more at Nasdaq: MongoDB Q3 Net Loss Narrows; Raises Outlook