MongoDB Inc. reported its financial results for the first quarter of fiscal 2026, showing a total revenue of $549.0 million, marking a 22% increase year-over-year. Subscription revenue also rose by 22% to $531.5 million, while services revenue saw a 28% increase, reaching $17.5 million. The company recorded a net loss of $37.6 million, or $0.46 per share, based on 81.1 million weighted-average shares outstanding. This is an improvement from the previous year's net loss of $80.6 million, or $1.10 per share. Non-GAAP net income was reported at $86.3 million, or $1.00 per share, based on 86.3 million fully diluted weighted-average shares outstanding, contrasting with a non-GAAP net loss of $42.7 million, or $0.51 per share, in the year-ago period. MongoDB generated $109.9 million in cash from operations during the three months ended April 30, 2025, compared to $63.6 million in the same period last year. After accounting for capital expenditures and finance lease payments, the free cash flow was $105.9 million, up from $61.0 million in the prior year. In recent business updates, MongoDB announced an increase in its share repurchase program, authorizing up to an additional $800 million in common stock buybacks, bringing the total buyback authorization to $1 billion. The company also introduced new retrieval models, voyage 3.5 and voyage AI.