NASDAQ$MDB
MongoDB Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
MongoDB's financial performance for Q3 2022 resulted in revenue of $227 million, representing a 50% year-over-year increase, and a customer base exceeding 31,000.
MongoDB announced its Q3 Fiscal Year 2022 financial results, with total revenue reaching $227 million, a 50% increase year-over-year. The company's customer base grew to over 31,000, and MongoDB Atlas revenue increased by 84% year-over-year, accounting for 58% of the total Q3 revenue.
- Total revenue was $226.9 million, up 50% year-over-year.
- MongoDB Atlas revenue grew by 84% year-over-year and represented 58% of total revenue.
- The company had over 31,000 customers as of October 31, 2021.
- Non-GAAP loss from operations was $3.5 million, compared to $16.0 million in the year-ago period.
Headline financials
Revenue & EPS history
MongoDB · Revenue · Quarterly
$227M
Revenue by segment
MongoDB · $9.02M total across 1 segment · Q3 2022
- Services$9.02M+34.6%100.0%
Forward guidance
MongoDB is issuing financial guidance for the fourth quarter and full year fiscal 2022. Revenue is expected to be between $239.0 million and $242.0 million for the fourth quarter and between $846.3 million and $849.3 million for the full year. Non-GAAP loss from operations is expected to be between ($13.0) million and ($11.0) million for the fourth quarter and between ($36.4) million and ($34.4) million for the full year. Non-GAAP net loss per share is expected to be between ($0.24) and ($0.21) for the fourth quarter and between ($0.74) and ($0.71) for the full year.
Tailwinds
- Revenue for Q4 is projected to be between $239.0 million and $242.0 million.
- Full year revenue is projected to be between $846.3 million and $849.3 million.
- Non-GAAP loss from operations for Q4 is projected to be between ($13.0) million and ($11.0) million.
- Non-GAAP loss from operations for the full year is projected to be between ($36.4) million and ($34.4) million.
- Non-GAAP net loss per share for Q4 is projected to be between ($0.24) and ($0.21).
Headwinds
- Q4 Non-GAAP loss from operations is expected.
- Full year Non-GAAP loss from operations is expected.
- Q4 Non-GAAP net loss per share is expected.
- Full year Non-GAAP net loss per share is expected.
- Fluctuations in MongoDB’s operating results may be particularly pronounced in the current economic environment due to continuing uncertainty caused by the ongoing COVID-19 pandemic.
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 Q3 2022
+3.6%
Avg return
Earnings day
+5.2%
Avg return
5 days after
+5.6%
Avg return
30 days after
66%
23 / 35 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 | -15.3% | -8.6% | — | |
| 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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