MongoDB, Inc. has recently released its 10-Q report, providing detailed insights into its financial performance and operations. The company, headquartered in New York City, offers a general-purpose database platform globally. Its offerings include MongoDB Atlas, a multi-cloud database-as-a-service solution, MongoDB Enterprise Advanced, a commercial database server, and Community Server, a free-to-download version of its database. Additionally, the company provides professional services such as consulting and training.
In the report, MongoDB highlighted its financial performance and key factors affecting its operations. The company's revenue primarily comes from sales of subscriptions, accounting for 97% of total revenue for the three and six months ended July 31, 2025. MongoDB Atlas, the hosted multi-cloud database-as-a-service offering, represented 74% and 73% of the total revenue for the same periods, indicating continued growth since its introduction in June 2016. Revenue from MongoDB Enterprise Advanced, the proprietary commercial database server, accounted for 21% of the subscription revenue.
The report also discussed the company's focus on growing its customer base, with over 59,900 customers across 100 countries as of July 31, 2025. MongoDB emphasized its efforts to retain and expand revenue from existing customers through its subscription-based model, aiming to drive additional sales and increase customer spend.
Moreover, the report addressed the impact of macroeconomic conditions on MongoDB's business, highlighting potential challenges arising from adverse macroeconomic environments and geopolitical landscapes. The company also emphasized its commitment to investing in sales and marketing efforts to take advantage of the growing market opportunity for its offerings.
Today the company's shares have moved 36.38% to a price of $292.3064. For the full picture, make sure to review MongoDB's 10-Q report.
