MongoDB plummets after it forecasts Q1 profit below estimates

Mongodb

02/03/2026 22:37

Updates

** Shares of database software firm MongoDB MDB.O fall 23.3% to $249.46 in extended trading

** MDB expects Q1 FY27 adjusted EPS to be between $1.15 and $1.19, below analysts' average estimate of $1.21, according to data compiled by LSEG

** Co says its Q4 revenue up 27% at $695.1 million vs estimates of $667.2 million

** Cedric Pech, president of field operations, and Paul Capombassis, chief revenue officer, are leaving MongoDB, co says

** Erica Volini joins MongoDB as chief customer officer, it says

** In 2025, MDB rose ~81%

 (Reporting by Jaspreet Singh in Bengaluru)

 ((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))