MongoDB Inc
MDB
$417.95 2.03%
Exchange: NASDAQ | Sector: Technology | Industry: Software Infrastructure
Q3 2025
Published: Dec 10, 2024

Earnings Highlights

  • Revenue of $529.38M up 22.3% year-over-year
  • EPS of $-0.13 increased by 68.3% from previous year
  • Gross margin of 74.4%
  • Net income of -9.78M
  • "We are increasing our investment in the enterprise channel since we see the strongest returns in this part of the market. Specifically, we're expanding our strategic account program going to next year, as we see more accounts that will benefit from incremental investment." - Dev Ittycheria
MDB
Company MDB

Executive Summary

MongoDB delivered a strong QQ3 2025 performance anchored by robust Atlas demand and a very healthy acceleration in non-Atlas (EA) workloads driven by strategic multi-year deals and Enterprise Agreement activity. Revenue reached approximately $529.4 million, up 22% year over year, and Atlas accounted for 68% of total revenue with Atlas revenue up 26% year over year. The company posted a non-GAAP operating income of about $101 million (non-GAAP operating margin ~19%), and GAAP net income of roughly $98.1 million or $1.16 per share on 84.2 million diluted shares, reflecting favorable mix and higher-margin multi-year license components. MongoDB finished the quarter with over 52,600 customers and more than 2,314 customers with at least $100k in ARR, as net ARR expansion reached ~120%. The balance sheet remains highly liquid with roughly $2.3 billion in cash, cash equivalents, and short-term investments, and free cash flow was $34.6 million in the quarter.

Key Performance Indicators

Revenue
Increasing
529.38M
QoQ: 10.72% | YoY: 22.28%
Gross Profit
Increasing
394.04M
74.44% margin
QoQ: 12.63% | YoY: 20.92%
Operating Income
Increasing
-27.88M
QoQ: 60.98% | YoY: 38.35%
Net Income
Increasing
-9.78M
QoQ: 82.07% | YoY: 66.63%
EPS
Increasing
-0.13
QoQ: 82.43% | YoY: 68.29%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2026 628.31 -0.03 +18.7% View
Q2 2026 591.40 -0.58 +23.7% View
Q1 2026 549.01 -0.46 +21.9% View
Q4 2025 548.40 0.19 +19.7% View
Q3 2025 529.38 -0.13 +22.3% View