MDB Q1 2026 Earnings — Income Statement Breakdown

For its Q1 2026 period (ending 2025-04-30), MDB reported revenue of $549M, gross profit of $391M (71.2% gross margin), operating income of −$54M, and net income of −$38M (-6.9% net margin). The flow of revenue into costs and profit is visualized below.

What changed

MDB reported a net loss; revenue grew 0.1% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+0.1%−337.7%−9.7 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$549M100%
Cost of Revenue−$158M28.8%
Gross Profit$391M71.2%
Research & Development−$169M30.8%
Selling, General & Administrative−$276M50.2%
Operating Income−$54M-9.8%
Other Income, net$20M3.7%
Income Tax Expense−$4M0.8%
Net Income−$38M-6.9%

Source: original SEC filing (filed 2025-06-04). Accession 0001441816-25-000116. Data normalized by EarningsFyi.