MDB

MKT CAP:$20B

MongoDB, Inc.

Market Cap

$20B

Technology·Software - Infrastructure·🇺🇸 United States·NASDAQ

Technology·Software Infra·🇺🇸·NASDAQ

Stock Price

$258.11-$141.54 (-35.42%)

Apr 23, 2026

Company Details

MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB A...

CEO

Chirantan Jitendra Desai

IPO Date

Oct 19, 2017

Website

www.mongodb.com

Key Metrics TTM

Revenue

$2.5B

+22.8% YoY

Net Income

-$71M

EPS (Diluted)

-$0.88

Free Cash Flow

$509M

Revenue / Share

$28.50

Gross Margin

71.7%

Operating Margin

-5.6%

Net Margin

-2.9%

FCF Margin

20.6%

P/S

8.3x

P/E

—

Earnings Reports

FY 2026

Mar 11, 2026

$2.5B+22.8%EPS -$0.88

Q4 2026

Mar 11, 2026

$695M+26.7%EPS $0.18

Q3 2026

Dec 2, 2025

$628M+18.7%EPS -$0.02

Q2 2026

Aug 27, 2025

$591M+23.7%EPS -$0.58

Q1 2026

Jun 4, 2025

$549M+21.9%EPS -$0.46

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 23	$285M	$207M	-$76M
Q2 23	$304M	$215M	-$115M
Q3 23	$334M	$240M	-$83M
Q4 23	$361M	$272M	-$73M
Q1 24	$368M	$271M	-$69M
Q2 24	$424M	$318M	-$49M
Q3 24	$433M	$326M	-$45M
Q4 24	$458M	$343M	-$71M
Q1 25	$451M	$325M	-$98M
Q2 25	$478M	$350M	-$71M
Q3 25	$529M	$394M	-$28M
Q4 25	$548M	$399M	-$19M
Q1 26	$549M	$391M	-$54M
Q2 26	$591M	$420M	-$65M
Q3 26	$628M	$449M	-$18M
Q4 26	$695M	$508M	$50.0K

Valuation

Quarter	P/S	P/E
Q1 23	20.9x	—
Q2 23	18.9x	—
Q3 23	17.2x	—
Q4 23	15.9x	—
Q1 24	14.9x	—
Q2 24	13.7x	—
Q3 24	12.9x	—
Q4 24	12.1x	—
Q1 25	11.6x	—
Q2 25	11.2x	—
Q3 25	10.7x	—
Q4 25	10.2x	—
Q1 26	9.7x	—
Q2 26	9.2x	—
Q3 26	8.8x	—
Q4 26	8.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$12M	$9M
Q2 23	-$45M	-$47M
Q3 23	-$6M	-$7M
Q4 23	$26M	$25M
Q1 24	$54M	$53M
Q2 24	-$25M	-$26M
Q3 24	$38M	$36M
Q4 24	$55M	$52M
Q1 25	$64M	$63M
Q2 25	-$1M	-$2M
Q3 25	$37M	$35M
Q4 25	$51M	$25M
Q1 26	$110M	$108M
Q2 26	$72M	$72M
Q3 26	$152M	$150M
Q4 26	$180M	$178M

Capital Expenditures

Quarter	CapEx
Q1 23	$3M
Q2 23	$3M
Q3 23	$1M
Q4 23	$711.0K
Q1 24	$623.0K
Q2 24	$635.0K
Q3 24	$2M
Q4 24	$3M
Q1 25	$539.0K
Q2 25	$1M
Q3 25	$2M
Q4 25	$26M
Q1 26	$2M
Q2 26	$537.0K
Q3 26	$2M
Q4 26	$1M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+57.1%	+48.7%
Q2 23	+52.8%	+54.3%
Q3 23	+47.0%	+37.2%
Q4 23	+35.6%	+25.8%
Q1 24	+29.0%	+20.9%
Q2 24	+39.6%	+13.0%
Q3 24	+29.8%	+14.8%
Q4 24	+26.8%	+21.8%
Q1 25	+22.3%	+25.6%
Q2 25	+12.8%	+16.2%
Q3 25	+22.3%	+16.5%
Q4 25	+19.7%	+7.2%
Q1 26	+21.9%	+9.8%
Q2 26	+23.7%	+19.5%
Q3 26	+18.7%	+16.0%
Q4 26	+26.7%	+22.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$84M	29.3%
Q2 23	$97M	31.8%
Q3 23	$99M	29.7%
Q4 23	$102M	28.3%
Q1 24	$104M	28.2%
Q2 24	$113M	26.7%
Q3 24	$116M	26.8%
Q4 24	$124M	27.0%
Q1 25	$121M	26.8%
Q2 25	$122M	25.6%
Q3 25	$126M	23.7%
Q4 25	$125M	22.8%
Q1 26	$132M	24.1%
Q2 26	$140M	23.7%
Q3 26	$134M	21.3%
Q4 26	$144M	20.7%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$96M	$37M	$150M
Q2 23	$108M	$41M	$182M
Q3 23	$106M	$39M	$177M
Q4 23	$111M	$44M	$190M
Q1 24	$117M	$40M	$183M
Q2 24	$125M	$46M	$196M
Q3 24	$128M	$50M	$193M
Q4 24	$146M	$58M	$211M
Q1 25	$143M	$61M	$219M
Q2 25	$149M	$51M	$222M
Q3 25	$151M	$53M	$218M
Q4 25	$150M	$55M	$212M
Q1 26	$169M	$55M	$221M
Q2 26	$182M	$59M	$244M
Q3 26	$177M	$60M	$231M
Q4 26	$189M	$70M	$249M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 23	57.1%	-23.4%	33.7
Q2 23	52.8%	-34.9%	17.9
Q3 23	47.0%	-20.9%	26.1
Q4 23	35.6%	-14.3%	21.3
Q1 24	29.0%	-11.3%	17.7
Q2 24	39.6%	-5.7%	33.9
Q3 24	29.8%	-3.6%	26.1
Q4 24	26.8%	-8.9%	17.9
Q1 25	22.3%	-15.1%	7.3
Q2 25	12.8%	-8.9%	3.9
Q3 25	22.3%	0.3%	22.6
Q4 25	19.7%	2.2%	21.9
Q1 26	21.9%	-4.2%	17.6
Q2 26	23.7%	-5.4%	18.3
Q3 26	18.7%	1.7%	20.4
Q4 26	26.7%	3.8%	30.5

Rule of 40

Revenue Segments

Quarter	MongoDB Atlas Related	Other Subscription	Service	License
Q1 23	$170M	$105M	$11M	—
Q2 23	$193M	$98M	$12M	—
Q3 23	$211M	$109M	$13M	—
Q4 23	$234M	$115M	$13M	—
Q1 24	—	—	$14M	$355M
Q2 24	—	—	$14M	$409M
Q3 24	$287M	$131M	$15M	—
Q1 25	$314M	$123M	$14M	—
Q2 25	$340M	$124M	$14M	—
Q3 25	$363M	$150M	$17M	—
Q4 25	$389M	$142M	$17M	—
Q1 26	$396M	$136M	$18M	—
Q3 26	$470M	$139M	$19M	—

Revenue by Geography

Quarter	Americas	Asia Pacific	Emea
Q1 23	$174M	$29M	$82M
Q2 23	$186M	$33M	$85M
Q3 23	$206M	$37M	$91M
Q4 23	$216M	$41M	$104M
Q1 24	$222M	$41M	$105M
Q2 24	$253M	$57M	$113M
Q3 24	$266M	$48M	$119M
Q4 24	$275M	$52M	$131M
Q1 25	$272M	$55M	$123M
Q2 25	$285M	$56M	$137M
Q3 25	$325M	$64M	$141M
Q4 25	$331M	$65M	$152M
Q1 26	$333M	$65M	$151M
Q3 26	$380M	$73M	$175M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$456M	$1.4B	$1.8B
Q2 23	$651M	$1.1B	$1.8B
Q3 23	$1000M	$788M	$1.8B
Q4 23	$456M	$1.4B	$1.8B
Q1 24	$722M	$1.2B	$1.9B
Q2 24	$607M	$1.3B	$1.9B
Q3 24	$478M	$1.4B	$1.9B
Q4 24	$803M	$1.2B	$2.0B
Q1 25	$816M	$1.3B	$2.1B
Q2 25	$1.3B	$974M	$2.3B
Q3 25	$673M	$1.6B	$2.3B
Q4 25	$490M	$1.8B	$2.3B
Q1 26	$658M	$1.8B	$2.5B
Q2 26	$647M	$1.7B	$2.3B
Q3 26	$834M	$1.5B	$2.3B
Q4 26	$1.1B	$1.3B	$2.4B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 23	68M	+1.1%	+10.3%
Q2 23	68M	+0.9%	+7.7%
Q3 23	69M	+0.9%	+3.8%
Q4 23	70M	+0.9%	+3.8%
Q1 24	70M	+0.9%	+3.6%
Q2 24	71M	+1.0%	+3.7%
Q3 24	72M	+1.0%	+3.8%
Q4 24	72M	+1.1%	+4.1%
Q1 25	73M	+0.9%	+4.0%
Q2 25	74M	+0.8%	+3.8%
Q3 25	74M	+0.6%	+3.4%
Q4 25	85M	+14.3%	+16.9%
Q1 26	81M	-4.2%	+11.1%
Q2 26	81M	+0.0%	+10.2%
Q3 26	81M	+0.2%	+9.8%
Q4 26	86M	+6.4%	+2.2%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 23	$80.5K	4K
Q2 23	$85.7K	4K
Q3 23	$94.1K	4K
Q4 23	$160.7K	2K
Q1 24	$163.8K	2K
Q2 24	$188.4K	2K
Q3 24	$192.5K	2K
Q4 24	$195.9K	2K
Q1 25	$192.7K	2K
Q2 25	$204.5K	2K
Q3 25	$226.4K	2K
Q4 25	$98.7K	6K
Q1 26	$98.8K	6K
Q2 26	$106.4K	6K
Q3 26	$113.0K	6K
Q4 26	$123.3K	6K

Revenue / Employee