NASDAQ$MDB

MongoDB Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

MongoDB's fourth quarter performance marked a strong conclusion to a successful year, driven by the increasing strategic role of its modern application data platform.

MongoDB announced strong Q4 fiscal year 2021 results with a 38% year-over-year increase in total revenue, reaching $171.0 million. MongoDB Atlas revenue accounted for 49% of the total Q4 revenue, demonstrating a substantial 66% year-over-year growth. The company's focus on cloud solutions and application development positions it for continued growth.

  • Total revenue increased by 38% year-over-year, reaching $171.0 million.
  • Subscription revenue grew by 39% year-over-year, amounting to $163.9 million.
  • MongoDB Atlas revenue represented 49% of the total Q4 revenue, with a 66% year-over-year increase.
  • The company announced general availability of MongoDB Realm Sync and expanded partnerships with Tencent Cloud and Google Cloud.

Headline financials

Total Revenue

$171M

Previous: $124M+38.4%
EPS (adj)

-$0.33

Previous: -$0.25-32.0%
Total Customers

24.8K

Previous: 17.0K+45.9%
Atlas Customers

23.3K

Previous: 15.4K+51.3%
Customers > $100k ARR

975

Previous: 751+29.8%
Capital Expenditures

$831K

No prior period
Free Cash Flow

-$20.7M

Previous: -$10.9M-89.1%
Net Income

-$75.8M

Previous: -$62.6M-21.2%
Operating Income

-$59.4M

Previous: -$40.9M-45.2%
Gross Profit

$120M

Previous: $88.7M+35.2%
Cash & Equivalents

$430M

Previous: $706M-39.2%
Total Assets

$1.41B

Previous: $1.33B+5.9%
Stock-Based Comp

$41.3M

No prior period

Revenue & EPS history

MongoDB · Revenue · Quarterly

$171M

Q4 2021+38.4%vs Q4 2020
Beat estimate in 3 of 16 quarters(19%)
ActualEstimate

Revenue by segment

MongoDB · $7.1M total across 1 segment · Q4 2021

  • Services
    $7.1M+25.1%

Forward guidance

MongoDB provided financial guidance for the first quarter and full year fiscal 2022.

Tailwinds

  • First Quarter Fiscal 2022 Revenue: $167.0 million to $170.0 million
  • Full Year Fiscal 2022 Revenue: $745.0 million to $765.0 million

Headwinds

  • First Quarter Fiscal 2022 Non-GAAP Loss from Operations: ($21.0) million to ($19.0) million
  • Full Year Fiscal 2022 Non-GAAP Loss from Operations: ($84.0) million to ($74.0) million
  • First Quarter Fiscal 2022 Non-GAAP Net Loss per Share: ($0.39) to ($0.36)
  • Full Year Fiscal 2022 Non-GAAP Net Loss per Share: ($1.55) to ($1.39)

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 Q4 2021

Historical avgQ4 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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