NASDAQ$MDB

MongoDB Inc · Q3 2025 earnings

Q3 2025 earnings · · Investor relations

Briefing

MongoDB's Q3 2025 financial results significantly exceeded expectations, driven by strong EA performance and Atlas revenue growth.

MongoDB's Q3 Fiscal 2025 total revenue reached $529.4 million, a 22% increase year-over-year. The company continued to experience strong customer growth, with over 52,600 customers. MongoDB Atlas revenue increased by 26% year-over-year and accounted for 68% of the total Q3 revenue.

  • Total revenue was $529.4 million, up 22% year-over-year.
  • MongoDB Atlas revenue grew by 26% year-over-year, representing 68% of total Q3 revenue.
  • The company had over 52,600 customers as of October 31, 2024.
  • Non-GAAP income from operations was $101.5 million, compared to $78.5 million in the year-ago period.

Headline financials

Total Revenue

$529M

Previous: $433M+22.3%
EPS

-$0.13

Previous: $0.96-113.5%
Total Customers

52.6K

Previous: 46.4K+13.4%
Atlas Customers

51.1K

Previous: 44.9K+13.8%
Customers > $100k ARR

2.3K

Previous: 2.0K+17.3%
Capital Expenditures

-$3.57M

Previous: -$3.34M-7.0%
Free Cash Flow

-$13.3M

Previous: -$32.6M+59.1%
Net Income

-$9.78M

Previous: -$29.3M+66.6%
Operating Income

-$27.9M

Previous: -$45.2M+38.3%
Gross Profit

$394M

Previous: $326M+20.9%
Cash & Equivalents

$673M

Previous: $478M+40.9%
Total Assets

$3.22B

Previous: $2.69B+19.7%
R&D Expense

$151M

Previous: $128M+18.0%
Stock-Based Comp

$126M

Previous: $116M+8.5%

Revenue & EPS history

MongoDB · Revenue · Quarterly

$529M

Q3 2025+22.3%vs Q3 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 fourth quarter and full year fiscal 2025 based on information available as of December 9, 2024.

Tailwinds

  • Revenue is expected to be between $515.0 million and $519.0 million for the fourth quarter of fiscal 2025.
  • Full year fiscal 2025 revenue is projected to be between $1.973 billion and $1.977 billion.
  • Non-GAAP income from operations is expected to be between $55.0 million and $58.0 million for the fourth quarter of fiscal 2025.
  • Full year fiscal 2025 non-GAAP income from operations is projected to be between $241.8 million and $244.8 million.
  • Non-GAAP net income per share is expected to be between $0.62 and $0.65 for the fourth quarter of fiscal 2025.

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.
  • The high variability, complexity and low visibility with respect to the charges excluded from these non-GAAP measures.
  • The measures and effects of stock-based compensation expense specific to equity compensation awards that are directly impacted by unpredictable fluctuations in MongoDB’s stock price.
  • MongoDB expects the variability of the above charges to have a significant, and potentially unpredictable, impact on its future GAAP financial results.
  • NULL

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 2025

Historical avgQ3 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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