NASDAQ$MDB
MongoDB Inc · Q1 2025 earnings
Q1 2025 earnings · · Investor relations
Briefing
MongoDB delivered solid results, with Atlas revenue growth of 32%. However, the company had a slower than expected start to the year for both Atlas consumption growth and new workload wins.
MongoDB's Q1 2025 total revenue reached $450.6 million, a 22% increase year-over-year. MongoDB Atlas revenue grew by 32% year-over-year and accounted for 70% of the total revenue. The company had over 49,200 customers as of April 30, 2024.
- Total revenue was $450.6 million, up 22% year-over-year.
- Subscription revenue was $436.9 million, up 23% year-over-year.
- MongoDB Atlas revenue increased by 32% year-over-year and represented 70% of total Q1 revenue.
- The company had over 49,200 customers as of April 30, 2024.
Headline financials
Revenue & EPS history
MongoDB · Revenue · Quarterly
$451M
Revenue by segment
MongoDB · $14.6M total across 1 segment · Q3 2024
- Services$14.6M+13.2%100.0%
Forward guidance
MongoDB is issuing financial guidance for the second quarter and full year fiscal 2025. Revenue is expected to be between $460.0 million and $464.0 million for Q2 2025 and between $1.88 billion and $1.90 billion for the full year fiscal 2025. Non-GAAP income from operations is expected to be between $35.0 million and $38.0 million for Q2 2025 and between $168.0 million to $183.0 million for the full year fiscal 2025. Non-GAAP net income per share is expected to be between $0.46 and $0.49 for Q2 2025 and between $2.15 and $2.30 for the full year fiscal 2025.
Tailwinds
- Revenue for Q2 2025 is projected to be between $460.0 million and $464.0 million.
- Full year fiscal 2025 revenue is projected to be between $1.88 billion and $1.90 billion.
- Non-GAAP income from operations for Q2 2025 is projected to be between $35.0 million and $38.0 million.
- Full year fiscal 2025 non-GAAP income from operations is projected to be between $168.0 million and $183.0 million.
- Non-GAAP net income per share for Q2 2025 is projected to be between $0.46 and $0.49.
Headwinds
- Reconciliations of non-GAAP income from operations and non-GAAP net income per share guidance to the most directly comparable GAAP measures are not available without unreasonable efforts on a forward-looking basis.
- Variability of stock-based compensation expense may have a significant, and potentially unpredictable, impact on future GAAP financial results.
- The guidance is based on information available to management as of May 30, 2024.
- The guidance is subject to various assumptions, uncertainties, risks and factors that are beyond the company's control.
- The company undertakes no duty or obligation to update any forward-looking statements as a result of new information, future events, or changes in expectations.
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 2025
+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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