MDB Q1 2026 Earnings — Income Statement Breakdown

For its Q1 2026 period (ending 2026-04-30), MDB reported revenue of $688M, gross profit of $496M (72.2% gross margin), operating income of −$25M, and net income of $4M (0.6% net margin). The flow of revenue into costs and profit is visualized below.

What changed

MDB was profitable; revenue fell 1.1% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter−1.1%−71.4%−1.6 pp

Consensus estimate data is not available for this report.

MDB Q1 2026 Income Statement

MDB Q1 2026 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$688M100%
Cost of Revenue−$191M27.8%
Gross Profit$496M72.2%
Research & Development−$200M29.1%
Selling, General & Administrative−$321M46.6%
Operating Income−$25M-3.6%
Other Income, net$34M4.9%
Income Tax Expense−$4M0.6%
Net Income$4M0.6%

Source: MDB filings on SEC EDGAR (period ended 2026-04-30). Data normalized by EarningsFyi.