NASDAQ$MDB
MongoDB Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
MongoDB's Q1 2022 financial results were announced, showcasing strong growth and customer acquisition.
MongoDB reported a strong start to fiscal year 2022, with total revenue of $181.6 million, a 39% increase year-over-year. MongoDB Atlas revenue grew by 73% year-over-year and now represents 51% of total revenue. The company also reported continued customer growth, exceeding 26,800 customers.
- Total revenue reached $181.6 million, a 39% increase year-over-year.
- MongoDB Atlas revenue grew by 73% year-over-year, representing 51% of total revenue.
- The company has over 26,800 customers.
- Partnerships with major cloud providers accelerated.
Headline financials
Revenue & EPS history
MongoDB · Revenue · Quarterly
$182M
Revenue by segment
MongoDB · $182M total across 2 segments · Q1 2022
- Subscription$175M—96.1%
- Services$7.08M+29.3%3.9%
Forward guidance
MongoDB is providing revenue guidance of $180.0 million to $183.0 million for the second quarter of fiscal year 2022 and $771.0 million to $784.0 million for the full fiscal year 2022. They anticipate a non-GAAP loss from operations of $24.0 million to $22.0 million for Q2 and $76.0 million to $68.0 million for the full year. The non-GAAP net loss per share is expected to be between $0.43 and $0.40 for Q2 and between $1.38 and $1.25 for the full year.
Tailwinds
- Revenue guidance for Q2 2022: $180.0M - $183.0M
- Revenue guidance for FY 2022: $771.0M - $784.0M
- Non-GAAP loss from operations guidance for Q2 2022: ($24.0M) - ($22.0M)
- Non-GAAP loss from operations guidance for FY 2022: ($76.0M) - ($68.0M)
- Non-GAAP net loss per share guidance for Q2 2022: ($0.43) - ($0.40)
Headwinds
- Non-GAAP net loss per share guidance for FY 2022: ($1.38) - ($1.25)
- Fluctuations in operating results may be pronounced due to COVID-19 uncertainty.
- Reconciliation of non-GAAP loss from operations and non-GAAP net loss per share guidance to GAAP measures is not available without unreasonable efforts.
- Variability of charges, especially stock-based compensation, may significantly impact future GAAP financial results.
- Actual results may differ materially due to various risks and uncertainties.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2022
+4.1%
Avg return
Earnings day
+5.6%
Avg return
5 days after
+5.6%
Avg return
30 days after
68%
23 / 34 earnings
Positive
+37.7%
Q2 2026
Best reaction
-29.3%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | — | — | — | |
| Q4 2026 | +5.8% | -16.8% | -22.1% | |
| Q3 2026 | +5.1% | +24.6% | +27.6% | |
| Q2 2026 | +37.7% | +47.2% | +48.6% | |
| Q1 2026 | +12.7% | +6.7% | +5.8% | |
| Q4 2025 | -26.9% | -25.9% | -41.5% | |
| Q3 2025 | -15.3% | -22.2% | -27.6% | |
| Q2 2025 | +23.5% | +20.3% | +14.5% | |
| Q1 2025 | -29.3% | -30.5% | -25.2% | |
| Q4 2024 | -6.4% | -10.0% | -11.4% | |
| Q3 2024 | -8.4% | -9.7% | -14.3% | |
| Q2 2024 | +4.6% | +5.0% | -7.9% | |
| Q1 2024 | +28.1% | +31.9% | +39.9% | |
| Q4 2023 | -6.3% | -9.8% | -3.5% | |
| Q3 2023 | +19.9% | +28.9% | +15.8% | |
| Q2 2023 | -27.1% | -26.0% | -40.0% | |
| Q1 2023 | +20.9% | +15.8% | +13.4% | |
| Q4 2022 | +19.3% | +13.0% | +53.0% | |
| Q3 2022 | +11.0% | +12.8% | -4.8% | |
| Q2 2022 | +29.0% | +24.5% | +20.6% | |
| Q1 2022 | +9.6% | +11.4% | +25.9% | |
| Q4 2021 | +2.6% | +11.5% | +3.4% | |
| Q3 2021 | -0.2% | +21.2% | +25.4% | |
| Q2 2021 | -11.5% | -14.4% | -6.5% | |
| Q1 2021 | -15.4% | -13.8% | -3.8% | |
| Q4 2020 | +6.8% | +21.8% | +55.6% | |
| Q3 2020 | -1.5% | -2.1% | +6.9% | |
| Q2 2020 | +0.3% | -12.4% | -12.5% | |
| Q1 2020 | +6.9% | +24.7% | +12.8% | |
| Q4 2019 | +24.8% | +31.6% | +36.2% | |
| Q3 2019 | +6.8% | -0.7% | -10.7% | |
| Q2 2019 | +6.8% | +13.1% | -1.2% | |
| Q1 2019 | +0.7% | +9.4% | +5.4% | |
| Q4 2018 | +3.0% | -0.6% | +1.8% | |
| Q3 2018 | +1.8% | +9.5% | +10.2% | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — |
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