NASDAQ$MDB

MongoDB Inc · Q2 2025 earnings

Q2 2025 earnings · · Investor relations

Briefing

MongoDB delivered healthy results, marked by strong new workload acquisition and better-than-expected Atlas consumption trends.

MongoDB announced its Q2 fiscal year 2025 financial results with a total revenue of $478.1 million, up 13% year-over-year. The company has over 50,700 customers as of July 31, 2024, and MongoDB Atlas revenue increased by 27% year-over-year, representing 71% of the total Q2 revenue.

  • Total revenue was $478.1 million, a 13% increase year-over-year.
  • MongoDB Atlas revenue grew by 27% year-over-year and accounted for 71% of total Q2 revenue.
  • The company reported over 50,700 customers as of July 31, 2024.
  • MongoDB AI Applications Program (MAAP) was made generally available to customers in July.

Headline financials

Total Revenue

$478M

Previous: $424M+12.8%
EPS

-$0.74

Previous: $0.93-179.6%
Total Customers

50.7K

Previous: 45.0K+12.7%
Atlas Customers

49.2K

Previous: 43.5K+13.1%
Customers > $100k ARR

2.2K

Previous: 1.9K+18.0%
Capital Expenditures

-$1.59M

Previous: -$1.26M-26.4%
Free Cash Flow

-$56.1M

Previous: -$38.9M-44.4%
Net Income

-$54.5M

Previous: -$37.6M-45.0%
Operating Income

-$71.4M

Previous: -$49M-45.8%
Gross Profit

$350M

Previous: $318M+9.9%
Cash & Equivalents

$1.29B

Previous: $607M+112.6%
Total Assets

$3.13B

Previous: $2.65B+18.2%
R&D Expense

$149M

No prior period
Stock-Based Comp

$122M

Previous: $113M+8.0%

Revenue & EPS history

MongoDB · Revenue · Quarterly

$478M

Q2 2025+12.8%vs Q2 2024
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Revenue by segment

MongoDB · $14.6M total across 1 segment · Q3 2024

  • Services
    $14.6M+13.2%

Forward guidance

MongoDB is issuing the following financial guidance for the third quarter and full year fiscal 2025. For the third quarter of fiscal year 2025, revenue is expected to be between $493.0 million and $497.0 million, and non-GAAP income from operations is expected to be between $57.0 million and $60.0 million. For the full year fiscal 2025, revenue is expected to be between $1.92 billion and $1.93 billion, and non-GAAP income from operations is expected to be between $187.0 million and $195.0 million.

Tailwinds

  • Revenue is expected to be between $493.0 million and $497.0 million for Q3 2025.
  • Non-GAAP income from operations is expected to be between $57.0 million and $60.0 million for Q3 2025.
  • Revenue is expected to be between $1.92 billion and $1.93 billion for the full year 2025.
  • Non-GAAP income from operations is expected to be between $187.0 million and $195.0 million for the full year 2025.
  • Non-GAAP Net Income per Share is expected to be $2.33 to $2.47 for the full year 2025.

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 2025

Historical avgQ2 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

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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