MongoDB, Inc. (MDB) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to the MongoDB's Q1 FY26 earnings conference call. At this time, all participants are in listen-only mode. Please be advised that today's conference is being recorded. After the speaker's presentation, there will be a question and answer session. To ask a question, please press star 1 1 on your telephone and wait for your name to be announced. To withdraw your question, please press star 1 1 again. I would now like to hand the conference over to your speaker today, Brian Denue from ICR. Thank you, Josh. Good afternoon, and thank you for joining us today to review MongoDB's first quarter fiscal 2026 financial results, which we announced in our press release issued after the close of market today. Joining me on the call today are Dave Itacheria, President and CEO of MongoDB, and Mike Berry, CFO of MongoDB. During this call, we will make four looking statements, including statements related to our market and future growth opportunities, our opportunity to win new business, our expectations regarding Atlas consumption growth, the impact of non-Atlas business and multi-year license revenue, the long-term opportunity of AI, the opportunity of application modernization, our expectations regarding our win rates and Salesforce productivity, our financial guidance and underlying assumptions, and our planned share repurchases and investments and growth opportunities in AI. These statements are subject to a variety of risks and uncertainties, including the results of operations and financial condition, They cause actual results to differ materially from our expectations. For a discussion of the material risks and uncertainties that could affect our actual results, please refer to the risk described in our annual report on Form 10-K...