MongoDB, Inc.'s Stock Analysis

MongoDB Investor Day Highlights Long-Term Growth Strategies

On September 17, 2025, MongoDB hosted an Investor Day where its leadership team outlined strategies aimed at achieving sustainable growth and enhancing shareholder value. Key topics included the company’s positioning in the rapidly expanding database market, particularly in relation to artificial intelligence (AI) applications, and the continued emphasis on the unique advantages of its Document Model, which is designed to accommodate the needs of modern applications. The presentation materials have been made available for investors to review in detail.

MongoDB highlighted its growth trajectory, projecting revenues to increase significantly, with a target of reaching over $5 billion by 2025 and beyond. The company aims to leverage its strengths in AI and modernization of legacy applications to capture additional market share. Key drivers for growth were identified as the increasing demand for flexible, scalable database solutions and the ongoing transition from traditional relational databases to more adaptable systems like MongoDB's. The company also addressed challenges and competitive positioning, emphasizing its commitment to innovation and customer satisfaction.

Sep 17, 2025 15:06:03

MongoDB Reports 24% Revenue Growth in Q2 Fiscal 2026

MongoDB, Inc. announced its financial results for the second quarter of fiscal 2026, reporting total revenue of $591.4 million, a 24% increase year-over-year. Subscription revenue reached $572.4 million, up 23%, while services revenue grew by 33% to $19.0 million. The company added 2,800 new customers, bringing the total to over 59,900. Gross profit for the quarter was $420.0 million, resulting in a gross margin of 71%. Despite a net loss of $47.0 million, improvements were seen in operational metrics, with a non-GAAP income from operations of $86.8 million compared to $52.5 million in the prior year period.

The company reported a cash position of $2.3 billion as of July 31, 2025, and generated $72.1 million from operations during the quarter, a significant turnaround from a cash outflow of $1.4 million in the same period last year. Free cash flow was reported at $69.9 million, compared to negative free cash flow of $4.0 million in the prior year. MongoDB also highlighted its ongoing innovations and partnerships in the AI space, alongside plans to enhance public sector support through its Run Anywhere strategy.

Aug 26, 2025 16:08:32

MongoDB Stockholders Approve Key Proposals at Annual Meeting

On June 30, 2025, MongoDB, Inc. held its Annual Meeting of Stockholders where five key proposals were voted on. Stockholders elected Francisco D'Souza, Charles M. Hazard, Jr., and Tom Killalea as Class II directors to serve until the 2028 Annual Meeting. Additionally, stockholders approved the non-binding advisory compensation of named executive officers and established an annual frequency for future advisory votes on this compensation.

The stockholders also ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending January 31, 2026. Furthermore, an amendment to the Company’s charter was approved to limit the liability of certain officers in accordance with Delaware law. These decisions may impact corporate governance and financial oversight for MongoDB.

Jul 03, 2025 16:25:40

MongoDB Stockholders Approve Key Proposals at Annual Meeting

On June 30, 2025, MongoDB, Inc. held its Annual Meeting of Stockholders where five proposals were voted on. The stockholders elected Francisco D'Souza, Charles M. Hazard, Jr., and Tom Killalea as Class II directors until the 2028 Annual Meeting. Additionally, the compensation of the Company’s named executive officers was approved on a non-binding advisory basis, alongside the decision to hold future advisory votes on executive compensation annually.

The stockholders ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending January 31, 2026. Furthermore, an amendment to the Company's charter was approved to limit the liability of certain officers in accordance with Delaware law. Each proposal received favorable votes from the stockholders.

Jul 03, 2025 16:25:40

MongoDB Reports 22% Revenue Growth and $800 Million Buyback

MongoDB, Inc. announced its financial results for the first quarter of fiscal 2026, reporting total revenue of $549 million, which is a 22% increase year-over-year. The company added 2,600 customers, bringing the total to over 57,100. MongoDB Atlas revenue grew by 26%, accounting for 72% of total revenue for the quarter. The company also reported a net loss of $37.6 million, down from $80.6 million in the same period last year, and generated $109.9 million in cash from operations, a significant increase compared to the previous year.

Additionally, MongoDB has authorized an $800 million increase to its share repurchase program, raising the total buyback authorization to $1 billion. The company launched new AI retrieval models and a protocol to enhance data interaction for developers. Mike Berry has been appointed as the new Chief Financial Officer, bringing extensive experience to the role. The company provided revenue guidance for the second quarter of fiscal 2026, estimating between $548 million and $553 million.

Jun 04, 2025 16:03:49

MongoDB Appoints Mike Berry as New Chief Financial Officer

MongoDB, Inc. has announced the appointment of Mike Berry as Chief Financial Officer, effective May 27, 2025. Berry brings over 30 years of experience in software and cloud businesses, having previously served as CFO at NetApp and other technology firms. He will oversee MongoDB's accounting, financial planning and analysis, treasury, and investor relations, and will collaborate with senior leadership to achieve the company's strategic and financial goals.

The company is set to report its first quarter fiscal year 2026 financial results on June 4, 2025, after market close. A conference call will be held on the same day to discuss the results and business outlook. Investors can access the call via a live webcast on the company's Investor Relations page and are encouraged to join 15 minutes early to avoid delays.

Apr 28, 2025 08:33:18

MongoDB Reports Revenue Growth and Reduced Operational Losses

MongoDB, Inc. announced a total revenue of $548.4 million for the fourth quarter of fiscal 2025, reflecting a 20% increase year-over-year. The company also reported a full year revenue of $2.01 billion, up 19% from the previous year. Customer growth continued, reaching over 54,500. Notably, MongoDB Atlas revenue increased by 24% year-over-year, contributing to 71% of total Q4 revenue. The company achieved a net income of $15.8 million in Q4, compared to a net loss of $55.5 million in the same period last year, and a reduction in loss from operations to $18.6 million from $71.0 million year-over-year.

On the downside, MongoDB's gross margin decreased to 73% in Q4 from 75% the previous year, and the company experienced a decline in free cash flow, which fell to $22.9 million from $50.5 million in the prior year. For the full year, the net loss was reported at $129.1 million, an improvement from a loss of $176.6 million the previous year. Additionally, the company indicated a potential decline in non-Atlas revenue for fiscal 2026, which may impact future performance.

Mar 05, 2025 16:07:02

MongoDB Acquires Voyage AI to Enhance AI Application Capabilities

MongoDB, Inc. has announced the acquisition of Voyage AI, a company recognized for its advanced embedding and reranking models that improve information retrieval for AI applications. This integration aims to help organizations create trustworthy AI applications by providing precise and relevant data, addressing the challenges posed by inaccuracies in AI outputs. Voyage AI's technology is already trusted by notable AI innovators, and its models will continue to be available through various platforms, with further integrations planned for MongoDB's offerings later this year.

However, the press release highlights potential risks associated with AI applications, particularly the issue of 'hallucinations,' where AI generates misleading information. This risk can limit the use of AI in critical areas such as healthcare and finance. While the acquisition is positioned as a solution to enhance the accuracy of AI applications, there are inherent challenges in ensuring the reliability of AI outputs, especially when integrating new technologies into existing systems.

Feb 24, 2025 09:03:04

MongoDB Reports $529.4 Million Revenue in Q3 Fiscal 2025

MongoDB, Inc. announced a total revenue of $529.4 million for the third quarter of fiscal 2025, reflecting a 22% increase from the previous year. The company also reported strong customer growth, surpassing 52,600 customers, and noted a 26% year-over-year growth in MongoDB Atlas revenue, which now constitutes 68% of total revenue. Additionally, the loss from operations improved to $27.9 million, down from $45.2 million in the same quarter last year, and the net loss decreased to $9.8 million compared to $29.3 million previously.

On the downside, while gross profit margins remained relatively stable, they did decline slightly from 75% to 74% year-over-year. The company continues to operate at a loss, and despite generating $37.4 million in cash from operations, the free cash flow decreased slightly from $35 million to $34.6 million compared to the prior year. Furthermore, MongoDB is facing an executive leadership transition as Michael Gordon, the Chief Operating Officer and Chief Financial Officer, plans to step down, which may introduce uncertainties during this period.

Dec 09, 2024 16:10:26

MongoDB Reports Revenue Growth Amid Increased Losses

MongoDB, Inc. announced a total revenue of $478.1 million for the second quarter of fiscal 2025, reflecting a 13% increase from the previous year. The company experienced strong customer growth, reaching over 50,700 customers, and saw a significant rise in revenue from its MongoDB Atlas service, which grew by 27%. These results highlight MongoDB's expanding role in modern application development and its growing partnerships with major cloud providers, which positions it well in the software market, especially in AI applications.

However, MongoDB reported a larger loss from operations of $71.4 million compared to $49.0 million in the same quarter last year, and its net loss increased to $54.5 million. The gross margin also declined slightly, indicating potential challenges in maintaining profitability. Despite these losses, the company remains optimistic about its future growth prospects and continues to invest in its technology and customer relationships.

Aug 29, 2024 16:10:13