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.
Financial Statements
In thousands, USD
FY 2026
FY 2025
FY 2024
FY 2023
Total Revenues
2,463,800
2,006,440
1,683,010
1,284,040
Cost of Sales
696,058
535,296
424,485
349,304
Gross Profit
1,767,740
1,471,150
1,258,530
934,736
Selling, General & Administrative Expenses
1,188,400
1,090,370
976,318
859,699
Research & Development Expenses
716,303
596,837
515,940
421,692
Operating Profit
(136,968)
(216,064)
(233,732)
(346,655)
Interest and Investment Income
88,593
95,687
80,238
24,948
Interest Expense
(3,128)
(8,092)
(9,387)
(9,797)
Non-Operating Income
(4,188)
(3,130)
(635)
(1,750)
Total Non-Operating Income
81,277
84,465
70,216
13,401
Income Before Provision for Income Taxes
(55,691)
(131,599)
(163,516)
(333,254)
Provision for Income Taxes
15,460
(2,527)
13,084
12,144
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 Outstanding
81,246
74,555
71,249
68,628
Diluted Weighted Average Shares Outstanding
81,246
74,555
71,249
68,628
Shares Outstanding
80,493
80,468
72,741
69,907
FY 2026
FY 2025
FY 2024
FY 2023
Cash and Cash Equivalents
1,083,540
490,133
802,959
455,826
Short-Term Investments
1,303,700
1,846,440
1,212,450
1,380,800
Total Cash and Cash Equivalents
2,387,240
2,336,580
2,015,410
1,836,630
Accounts Receivable
499,002
393,099
325,610
285,192
Total Trade Receivables
499,002
393,099
325,610
285,192
Other Current Assets
228,612
193,846
142,619
114,762
Total Current Assets
3,114,860
2,923,520
2,483,640
2,236,580
Net Property, Plant & Equipment
68,751
80,984
90,407
99,035
Net Intangible Assets
34,502
24,597
3,957
11,428
Goodwill
191,397
69,679
69,679
57,779
Other Long-Term Assets
349,343
331,511
221,963
184,067
Total Assets
3,758,850
3,430,290
2,869,640
2,588,890
Accounts Payable
20,269
10,467
9,905
8,295
Accrued Expenses
252,849
208,013
187,410
142,784
Current Portion of Leases
9,259
9,126
9,797
8,686
Unearned Revenue
387,119
334,381
357,108
428,747
Total Current Liabilities
669,496
561,987
564,220
588,512
Long-Term Debt
—
—
1,143,270
1,139,880
Leases
23,600
27,374
30,918
36,264
Other Long-Term Liabilities
113,394
58,708
62,242
84,729
Total Long-Term Liabilities
136,994
86,082
1,236,430
1,260,870
Total Liabilities
806,490
648,069
1,800,650
1,849,390
Common Stock
81
78
73
70
Treasury Stock
(494,569)
(1,319)
(1,319)
(1,319)
Additional Paid-in Capital
5,345,490
4,625,090
2,777,320
2,276,690
Accumulated Other Comprehensive Income
13,207
(924)
4,545
(905)
Retained Earnings
(1,911,860)
(1,840,700)
(1,711,630)
(1,535,030)
Total Common Shareholders' Equity
2,952,360
2,782,220
1,068,990
739,508
Total Shareholders' Equity
2,952,360
2,782,220
1,068,990
739,508
Total Liabilities and Shareholders' Equity
3,758,850
3,430,290
2,869,640
2,588,890
FY 2026
FY 2025
FY 2024
FY 2023
Net Income
(71,151)
(129,072)
(176,600)
(345,398)
Depreciation & Amortization
37,412
26,973
32,125
29,182
Share-Based Compensation Expense
550,454
493,940
456,907
381,454
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 Payable
8,916
541
1,679
3,163
Changes in Accrued Expenses
27,830
25,254
39,502
(16,189)
Changes in Unearned Revenue
112,366
(16,362)
(82,411)
85,759
Changes in Other Operating Activities
(43,449)
(140,512)
(66,107)
(55,753)
Cash from Operating Activities
505,148
150,191
121,477
(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 Investments
972,630
797,584
1,445,000
1,425,000
Payments for Business Acquisitions
(2,032)
—
(15,000)
—
Cash from Investing Activities
538,815
(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 Shares
44,007
38,016
43,724
34,710
Repurchases of Common Shares
(400,333)
—
—
—
Net Issuance / (Repurchases) of Common Shares
(356,326)
38,016
43,724
34,710
Other Financing Activities
(98,574)
170,223
—
—
Cash from Financing Activities
(462,439)
202,060
38,241
30,200
Effect of Exchange Rate Changes on Cash and Cash Equivalents
12,348
(5,701)
(433)
(2,003)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash