Financials

MongoDB Inc. financials

MDB Software

MongoDB Inc., founded in 2007 and headquartered in New York, New York, United States, is a leading provider of open-source, document-oriented database solutions. The company generates recurring revenue through its subscription model, with MongoDB Atlas fueling substantial growth. Under CEO Dev Ittycheria’s leadership since 2014, MongoDB has achieved roughly 30% year-over-year revenue growth and a strong market position in the cloud database space. Its focus on cloud expansion, AI integration, and global scalability positions it well to meet rising digital demands.

Snapshot

MongoDB Inc. reported $2.46B in revenue in fiscal 2026, up 22.8% year over year, with an operating margin of -5.6%.

Revenue (FY2026)
$2.46B
YoY growth
+22.8%
Operating margin
-5.6%
Direction
Expanding

Financial statements

In thousands, USD
FY 2026FY 2025FY 2024FY 2023
Total Revenues2,463,8002,006,4401,683,0101,284,040
Cost of Sales696,058535,296424,485349,304
Gross Profit1,767,7401,471,1501,258,530934,736
Selling, General & Administrative Expenses1,188,4001,090,370976,318859,699
Research & Development Expenses716,303596,837515,940421,692
Operating Profit(136,968)(216,064)(233,732)(346,655)
Interest and Investment Income88,59395,68780,23824,948
Interest Expense(3,128)(8,092)(9,387)(9,797)
Non-Operating Income(4,188)(3,130)(635)(1,750)
Total Non-Operating Income81,27784,46570,21613,401
Income Before Provision for Income Taxes(55,691)(131,599)(163,516)(333,254)
Provision for Income Taxes15,460(2,527)13,08412,144
Consolidated Net Income(71,151)(129,072)(176,600)(345,398)
Net Income Attributable to Common Shareholders(71,151)(129,072)(176,600)(345,398)
Basic EPS-0.88-1.73-2.48-5.03
Diluted EPS-0.88-1.73-2.48-5.03
Basic Weighted Average Shares Outstanding81,24674,55571,24968,628
Diluted Weighted Average Shares Outstanding81,24674,55571,24968,628
Shares Outstanding80,49380,46872,74169,907
In thousands, USD
FY 2026FY 2025FY 2024FY 2023
Cash and Cash Equivalents1,083,540490,133802,959455,826
Short-Term Investments1,303,7001,846,4401,212,4501,380,800
Total Cash and Cash Equivalents2,387,2402,336,5802,015,4101,836,630
Accounts Receivable499,002393,099325,610285,192
Total Trade Receivables499,002393,099325,610285,192
Other Current Assets228,612193,846142,619114,762
Total Current Assets3,114,8602,923,5202,483,6402,236,580
Net Property, Plant & Equipment68,75180,98490,40799,035
Net Intangible Assets34,50224,5973,95711,428
Goodwill191,39769,67969,67957,779
Other Long-Term Assets349,343331,511221,963184,067
Total Assets3,758,8503,430,2902,869,6402,588,890
Accounts Payable20,26910,4679,9058,295
Accrued Expenses252,849208,013187,410142,784
Current Portion of Leases9,2599,1269,7978,686
Unearned Revenue387,119334,381357,108428,747
Total Current Liabilities669,496561,987564,220588,512
Long-Term Debt——1,143,2701,139,880
Leases23,60027,37430,91836,264
Other Long-Term Liabilities113,39458,70862,24284,729
Total Long-Term Liabilities136,99486,0821,236,4301,260,870
Total Liabilities806,490648,0691,800,6501,849,390
Common Stock81787370
Treasury Stock(494,569)(1,319)(1,319)(1,319)
Additional Paid-in Capital5,345,4904,625,0902,777,3202,276,690
Accumulated Other Comprehensive Income13,207(924)4,545(905)
Retained Earnings(1,911,860)(1,840,700)(1,711,630)(1,535,030)
Total Common Shareholders' Equity2,952,3602,782,2201,068,990739,508
Total Shareholders' Equity2,952,3602,782,2201,068,990739,508
Total Liabilities and Shareholders' Equity3,758,8503,430,2902,869,6402,588,890
In thousands, USD
FY 2026FY 2025FY 2024FY 2023
Net Income(71,151)(129,072)(176,600)(345,398)
Depreciation & Amortization37,41226,97332,12529,182
Share-Based Compensation Expense550,454493,940456,907381,454
Other Adjustments(10,820)(41,335)(41,979)(3,738)
Changes in Trade Receivables(106,410)(69,236)(41,639)(91,450)
Changes in Accounts Payable8,9165411,6793,163
Changes in Accrued Expenses27,83025,25439,502(16,189)
Changes in Unearned Revenue112,366(16,362)(82,411)85,759
Changes in Other Operating Activities(43,449)(140,512)(66,107)(55,753)
Cash from Operating Activities505,148150,191121,477(12,970)
Capital Expenditure(4,960)(29,550)(6,074)(7,244)
Purchases of Investments(426,823)(1,425,470)(1,235,910)(1,451,060)
Proceeds from Sale of Investments972,630797,5841,445,0001,425,000
Payments for Business Acquisitions(2,032)—(15,000)—
Cash from Investing Activities538,815(657,440)188,019(33,308)
Repayments of Long-Term Debt(7,539)(6,179)(5,483)(4,510)
Net Issuance / (Repayments) of Long-Term Debt(7,539)(6,179)(5,483)(4,510)
Issuance of Common Shares44,00738,01643,72434,710
Repurchases of Common Shares(400,333)———
Net Issuance / (Repurchases) of Common Shares(356,326)38,01643,72434,710
Other Financing Activities(98,574)170,223——
Cash from Financing Activities(462,439)202,06038,24130,200
Effect of Exchange Rate Changes on Cash and Cash Equivalents12,348(5,701)(433)(2,003)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash593,872(310,890)347,304(18,081)

Key metrics

$29.89B
Market Cap
-421.97x
P/E
12.13x
P/S
-276.58x
EV/EBITDA
-2.5%
Return on Equity
-17.7%
Return on Invested Capital
4.65x
Current Ratio
20.3%
Free Cash Flow Margin

Quarterly trend

QuarterRevenueYoY growthOperating marginOperating income
Q1 2027$688M+25.2%-3.6%$-25M
Q4 2026$695M+26.7%0.0%$0M
Q3 2026$628M+18.7%-2.9%$-18M
Q2 2026$591M+23.7%-11.0%$-65M
Q1 2026$549M—-9.8%$-54M
Q4 2025$548M—-3.4%$-19M
Q3 2025$529M—-5.3%$-28M
Q2 2025$478M—-14.9%$-71M

Margins

71.7%
Gross margin
-5.6%
Operating margin
-2.9%
Net margin
SourceCompany financial filings (income statement, balance sheet, cash flow) Last updated

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