MongoDB, Inc. (MDB) Research | Aerarium Research

Forward Estimates

EPS Estimates

Current Qtr

$1.61

$1.54$1.78

vs $1.00+61.1%

36 analysts

Next Qtr

$1.51

$1.32$1.73

vs $1.32+14.3%

35 analysts

Current Yr

$6.13

$5.95$6.84

vs $4.97+23.4%

37 analysts

Next Yr

$7.34

$6.84$8.79

vs $6.13+19.7%

38 analysts

Revenue Estimates

Current Qtr

$734.43M

$730.00M$754.80M

vs $591.40M+24.2%

34 analysts

Next Qtr

$744.11M

$723.70M$780.71M

vs $628.31M+18.4%

33 analysts

Current Yr

$2.96B

$2.94B$3.06B

vs $2.46B+20.2%

35 analysts

Next Yr

$3.48B

$3.39B$3.74B

vs $2.96B+17.6%

37 analysts

SEC filings →

View all 10-K, 10-Q, and 8-K filings for MDB on EDGAR.

MDB filing events and research context
Filed	Item	Context
May 29, 2026	mda_quarterly	MongoDB continues to shift its revenue mix toward its cloud-based database-as-a-service offering, Atlas, which accounted for 75% of total revenue for the quarter ended April 30, 2026, up from 72% in the prior-year period. Total revenue grew 25% year-over-year, driven by strong consumption-based demand from large enterprise customers, reflected in a net ARR expansion rate of 121%. The company’s growth strategy centers on converting users of its free Community Server and Atlas free tier into commercial subscribers, while expanding its platform capabilities in search, vector search, and stream processing to support AI-powered application development. Despite this growth, the company faces macroeconomic headwinds that may impact the short-term growth rates of existing Atlas workloads. Operating expenses remain elevated due to ongoing investments in sales, marketing, and R&D, though the company achieved a 72% gross margin. Liquidity remains robust with $2.4 billion in cash and short-term investments. MongoDB is actively utilizing its $1.0 billion share repurchase program, having bought back $100 million in stock during the quarter. Management notes that while the company has historically generated operating losses, it is evaluating the potential release of its U.S. valuation allowance as it approaches sustained profitability.
Mar 11, 2026	business	MongoDB operates a developer data platform centered on a document-based architecture designed for unstructured data, scalability, and flexibility. Its primary revenue driver is Atlas, a multi-cloud database-as-a-service (DBaaS) available on AWS, GCP, and Azure, which represented 73% of total revenue in fiscal year 2026. The company also provides MongoDB Enterprise Advanced for self-managed deployments and professional services. To capitalize on the generative AI trend, MongoDB has integrated Vector Search and acquired Voyage AI to provide advanced embedding and reranking models that reduce AI hallucinations. The company competes in a database market projected by IDC to reach $169 billion by 2029, facing competition from legacy providers like Oracle and IBM, as well as cloud hyperscalers. Growth is driven by a "freemium" model using Community Server to attract developers and a strong net annualized recurring revenue (ARR) expansion rate of 121% as of the fourth quarter. Strategic focus remains on reducing architectural complexity by integrating search, time series, and stream processing into a single platform, thereby lowering the total cost of ownership for enterprise customers and increasing developer productivity.
Mar 11, 2026	mda	MongoDB operates a developer data platform centered on a document-based general-purpose database. Subscription revenue accounts for 97% of total revenue, with a significant shift toward the Atlas multi-cloud DBaaS offering, which grew to 73% of total revenue in fiscal 2026. Conversely, MongoDB Enterprise Advanced has seen its share of subscription revenue decline to 21%. The company employs a conversion strategy, leveraging its Community Server and Atlas free tier to migrate users to paid commercial products. While the market remains large, management expects short-term macroeconomic headwinds, including inflation and slower economic growth, to impact the growth rate of existing Atlas applications. Strategic expansion includes the February 2025 acquisition of Voyage AI Innovations for $160.9 million to enhance AI-powered embedding and reranking capabilities. Additionally, the company is executing a $1.0 billion share repurchase program, having spent $400.3 million in fiscal 2026, with $599.7 million in authorization remaining. Services continue to represent a stable 3% of total revenue, focusing on consulting and training to drive customer retention and expansion.

Filed

Item

Context

May 29, 2026

mda_quarterly

MongoDB continues to shift its revenue mix toward its cloud-based database-as-a-service offering, Atlas, which accounted for 75% of total revenue for the quarter ended April 30, 2026, up from 72% in the prior-year period. Total revenue grew 25% year-over-year, driven by strong consumption-based demand from large enterprise customers, reflected in a net ARR expansion rate of 121%. The company’s growth strategy centers on converting users of its free Community Server and Atlas free tier into commercial subscribers, while expanding its platform capabilities in search, vector search, and stream processing to support AI-powered application development. Despite this growth, the company faces macroeconomic headwinds that may impact the short-term growth rates of existing Atlas workloads. Operating expenses remain elevated due to ongoing investments in sales, marketing, and R&D, though the company achieved a 72% gross margin. Liquidity remains robust with $2.4 billion in cash and short-term investments. MongoDB is actively utilizing its $1.0 billion share repurchase program, having bought back $100 million in stock during the quarter. Management notes that while the company has historically generated operating losses, it is evaluating the potential release of its U.S. valuation allowance as it approaches sustained profitability.

Mar 11, 2026

business

MongoDB operates a developer data platform centered on a document-based architecture designed for unstructured data, scalability, and flexibility. Its primary revenue driver is Atlas, a multi-cloud database-as-a-service (DBaaS) available on AWS, GCP, and Azure, which represented 73% of total revenue in fiscal year 2026. The company also provides MongoDB Enterprise Advanced for self-managed deployments and professional services. To capitalize on the generative AI trend, MongoDB has integrated Vector Search and acquired Voyage AI to provide advanced embedding and reranking models that reduce AI hallucinations. The company competes in a database market projected by IDC to reach $169 billion by 2029, facing competition from legacy providers like Oracle and IBM, as well as cloud hyperscalers. Growth is driven by a "freemium" model using Community Server to attract developers and a strong net annualized recurring revenue (ARR) expansion rate of 121% as of the fourth quarter. Strategic focus remains on reducing architectural complexity by integrating search, time series, and stream processing into a single platform, thereby lowering the total cost of ownership for enterprise customers and increasing developer productivity.

Mar 11, 2026

mda

MongoDB operates a developer data platform centered on a document-based general-purpose database. Subscription revenue accounts for 97% of total revenue, with a significant shift toward the Atlas multi-cloud DBaaS offering, which grew to 73% of total revenue in fiscal 2026. Conversely, MongoDB Enterprise Advanced has seen its share of subscription revenue decline to 21%. The company employs a conversion strategy, leveraging its Community Server and Atlas free tier to migrate users to paid commercial products. While the market remains large, management expects short-term macroeconomic headwinds, including inflation and slower economic growth, to impact the growth rate of existing Atlas applications. Strategic expansion includes the February 2025 acquisition of Voyage AI Innovations for $160.9 million to enhance AI-powered embedding and reranking capabilities. Additionally, the company is executing a $1.0 billion share repurchase program, having spent $400.3 million in fiscal 2026, with $599.7 million in authorization remaining. Services continue to represent a stable 3% of total revenue, focusing on consulting and training to drive customer retention and expansion.

Forward Estimates

MDB filing events and research context

Keep researching MDB

Related tickers

Related explainers

Forward Estimates