MongoDB Inc
NASDAQ:MDB

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MongoDB Inc
NASDAQ:MDB
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Price: 409.62 USD 3.25% Market Closed
Market Cap: 33.3B USD

MongoDB Inc
Investor Relations

MongoDB Inc., founded in 2007 by Dwight Merriman, Eliot Horowitz, and Kevin Ryan, emerged in the bustling technology landscape as a fresh face eager to redefine how databases functioned. Rooted in the innovative avenues of New York City, MongoDB sprung forth as the answer to the rigid and often cumbersome constraints of traditional relational databases. The founders, equipped with experience from their work at DoubleClick, set out to create a database that was adaptable, easy to scale, and capable of handling massive volumes of unstructured data seamlessly. With its flagship open-source product, the company offered a NoSQL database solution that allowed organizations to store data in a flexible, JSON-like format, supporting an array of applications—from web apps to large enterprise systems. MongoDB revolutionized the arena of data storage with its horizontal scalability, allowing businesses to add storage capabilities seamlessly across servers, thus catering to the growing, ever-changing demands of data-driven industries.

As MongoDB’s reputation soared, so did its monetization opportunities. Recognizing developers as the linchpins of tech-driven companies, MongoDB's business model focused on providing robust, cloud-based services tailored to their needs. It capitalized on offering MongoDB Atlas, a fully managed cloud database service, which provides convenience and value by eliminating the need for businesses to manage the underlying infrastructure. Companies benefit from the platform's flexibility, scalability, and real-time data analysis, which are bundled into tiered subscription plans. This approach has underscored MongoDB’s revenue stream—balancing between community-driven open-source goodwill and the lucrative allure of premium offerings. By offering comprehensive enterprise solutions and professional support services, MongoDB Inc. has managed to transform its innovative technology into a sustainable business formula, capturing substantial market share as a preferred choice for modern data management needs.

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Last Earnings Call
Fiscal Period
Q3 2026
Call Date
Dec 1, 2025
AI Summary
Q3 2026

Revenue Beat: MongoDB reported Q3 revenue of $628.3 million, up 19% year-over-year and above the high end of guidance.

Atlas Acceleration: Atlas revenue growth accelerated to 30% year-over-year, now representing 75% of total revenue.

Profitability: Operating income reached $123.1 million, with a 20% operating margin, exceeding expectations.

Customer Growth: The company added 2,600 customers in the quarter and now has over 62,500 customers, a 65% year-to-date increase in customer adds.

Raised Guidance: Management raised revenue and operating income guidance for both Q4 and full fiscal year 2026.

AI Opportunity: MongoDB highlighted strong positioning as a core data platform for AI workloads, with growing traction among AI-native startups and large enterprises experimenting with AI applications.

Cash Flow Strength: Free cash flow was $140 million, well above prior year levels, with cash flow conversion expected to exceed 100% for fiscal 2026.

Key Financials
Revenue
$628.3 million
Atlas Revenue Growth
30% year-over-year
Atlas Revenue as % of Total
75%
Gross Profit
$466 million
Gross Margin
74%
Operating Income
$123.1 million
Operating Margin
20%
Net Income
$115 million
EPS
$1.32 per share
Customers
over 62,500
Customers with at least $100,000 ARR
2,694
Free Cash Flow
$140 million
Operating Cash Flow
$144 million
Net ARR Expansion Rate
120%
Non-Atlas ARR Growth
8% year-over-year
Cash and Equivalents
$2.3 billion
Other Earnings Calls

Management

Mr. Dev C. Ittycheria
President, CEO & Director
No Bio Available
Mr. Dwight A. Merriman
Co-Founder & Director
No Bio Available
Mr. Jim Scharf
Chief Technology Officer
No Bio Available
Ms. Mindy Lieberman
Chief Information Officer
No Bio Available
Mr. Peder Ulander
Chief Marketing & Strategy Officer
No Bio Available
Ms. Harsha Jalihal
Chief People Officer
No Bio Available
Mr. Ronnen Miller
Executive Vice President of Global Technical Services
No Bio Available
Ms. Cailin Nelson
Executive Vice President of Cloud Engineering
No Bio Available
Mr. Alan Chhabra
Executive Vice President of WW Partners & Public Sector and Asia
No Bio Available
Mr. Sahir Azam
Chief Product Officer
No Bio Available

Contacts

Address
NEW YORK
New York City
1633 Broadway Fl 38
Contacts
+18662378815.0
www.mongodb.com