NASDAQ$MDB

MongoDB Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

MongoDB's Q2 2021 financial results were announced, showcasing substantial revenue growth and customer acquisition

MongoDB reported a strong second quarter with total revenue of $138.3 million, a 39% increase year-over-year. The company exceeded 20,200 customers and saw MongoDB Atlas revenue contribute 44% to the total revenue, growing 66% year-over-year. Based on the strong first half performance, MongoDB is significantly increasing its revenue outlook for fiscal year 2021.

  • Total revenue reached $138.3 million, up 39% year-over-year.
  • Subscription revenue was $132.5 million, a 41% increase year-over-year.
  • MongoDB Atlas revenue accounted for 44% of total Q2 revenue, growing 66% year-over-year.
  • Total customer count exceeded 20,200.

Headline financials

Total Revenue

$138M

Previous: $99.4M+39.2%
EPS (adj)

-$0.22

Previous: -$0.26+15.4%
Total Customers

20.2K

Previous: 15.0K+34.7%
Customers > $100k ARR

819

Previous: 622+31.7%
Capital Expenditures

-$5.3M

Previous: -$1.6M-231.8%
Free Cash Flow

-$69.8M

Previous: -$38.9M-79.3%
Net Income

-$64.5M

Previous: -$37.3M-72.8%
Operating Income

-$49.8M

Previous: -$37.7M-32.1%
Gross Profit

$96M

Previous: $69.2M+38.8%
Cash & Equivalents

$469M

Previous: $187M+151.5%
Total Assets

$1.36B

Previous: $742M+82.7%

Revenue & EPS history

MongoDB · Revenue · Quarterly

$138M

Q2 2021+39.2%vs Q2 2020
Beat estimate in 3 of 15 quarters(20%)
ActualEstimate

Revenue by segment

MongoDB · $5.8M total across 1 segment · Q2 2021

  • Services
    $5.8M+11.3%

Forward guidance

MongoDB is issuing the following financial guidance for the third quarter and full year fiscal 2021.

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 Q2 2021

Historical avgQ2 2021

+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

Earnings price reactions
QuarterReport dateReaction (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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