MongoDB, Inc.MDB
NasdaqGM•Technology•Software - Infrastructure
MongoDB, Inc., together with its subsidiaries, provides general purpose database platform worldwide. The company offers MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It offers professional services comprising consulting and training. The company was formerly known as 10gen, Inc. and changed its name to MongoDB, Inc. in August 2013. MongoDB, Inc. was incorporated in 2007 and is headquartered in New York, New York.
MongoDB, Inc. (MDB) reported trailing twelve months revenue of $2.60B as of April 2026, a 23.6% increase year-over-year. Quarterly revenue reached $687.62M, reflecting continued top-line momentum.
MongoDB, Inc. reported a TTM net loss of $29.09M, with quarterly EBITDA of $-19.25M. The operating margin expanded from -9.8% to -3.6%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (-3.6%) and net margin (0.6%) indicates tight cost control with minimal non-operating drag. Net margin has improved from -6.9% a year ago, signaling stronger bottom-line efficiency.
MDB trades at a P/S of 8.0x. The price-to-book ratio of 7.1x indicates a significant premium over book value.
The company generated $199.31M in free cash flow over the trailing twelve months, a 84.0% increase year-over-year, indicating strong cash generation ability. The balance sheet shows $3.69B in total assets with no in long-term debt against $2.93B in stockholders equity. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are under pressure, averaging -6.4%. The business may lack pricing power or face rising costs.'
ROE is low or negative, suggesting limited competitive advantage or capital allocation challenges.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
TTM revenue has grown consistently (7 of 7 quarters up), with ~43.0% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
The company posted negative operating margins in recent quarters — core operations are unprofitable.
FCF consistently trails net income (avg -2.6x) — earnings may be inflated by non-cash items or aggressive accounting.
D/E ratio is 0.0 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares outstanding increased 9.3% — significant dilution, likely from stock compensation or capital raises.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation