NASDAQ$MDB
MongoDB Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
MongoDB's Q4 2022 financial results showcased strong revenue growth and customer acquisition.
MongoDB announced strong Q4 results with a 56% year-over-year increase in total revenue, reaching $266.5 million. MongoDB Atlas revenue grew by 85% year-over-year and represented 58% of the total Q4 revenue. The company's customer base has expanded to over 33,000.
- Total revenue increased by 56% year-over-year, reaching $266.5 million.
- MongoDB Atlas revenue grew by 85% year-over-year and represents 58% of total revenue.
- Gross profit was $190.7 million, with a gross margin of 72%.
- The company had over 33,000 customers as of January 31, 2022.
Headline financials
Revenue & EPS history
MongoDB · Revenue · Quarterly
$266M
Revenue by segment
MongoDB · $8.3M total across 1 segment · Q4 2022
- Services$8.3M+16.9%100.0%
Forward guidance
MongoDB is issuing financial guidance for the first quarter and full year fiscal 2023.
Tailwinds
- Revenue is expected to be between $263.0 million to $267.0 million for Q1 2023.
- Full year revenue is expected to be between $1,151.0 million to $1,181.0 million.
- Non-GAAP loss from operations is projected between ($5.0) million to ($2.0) million for Q1 2023.
- Full year non-GAAP loss from operations is projected between ($22.0) million to ($7.0) million.
- Non-GAAP net loss per share is expected to be between ($0.12) to ($0.08) for Q1 2023.
Headwinds
- 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.
- The situation regarding COVID-19 remains uncertain and could change rapidly.
- Reconciliation of non-GAAP loss from operations and non-GAAP net loss per share guidance to the most directly comparable GAAP measures is not available without unreasonable efforts on a forward-looking basis due to the high variability, complexity and low visibility with respect to the charges excluded from these non-GAAP measures
- MongoDB expects the variability of the above charges to have a significant, and potentially unpredictable, impact on its future GAAP financial results.
- Actual results may differ materially.
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 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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