Database platform company MongoDB
MDB reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 23.7% year on year to $591.4 million. Guidance for next quarter’s revenue was better than expected at $589.5 million at the midpoint, 1.2% above analysts’ estimates. Its non-GAAP profit of $1 per share was 52.4% above analysts’ consensus estimates.
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MongoDB (MDB) Q2 CY2025 Highlights:
- Revenue: $591.4 million vs analyst estimates of $553.6 million (23.7% year-on-year growth, 6.8% beat)
- Adjusted EPS: $1 vs analyst estimates of $0.66 (52.4% beat)
- Adjusted Operating Income: $86.82 million vs analyst estimates of $57.49 million (14.7% margin, 51% beat)
- The company lifted its revenue guidance for the full year to $2.35 billion at the midpoint from $2.27 billion, a 3.5% increase
- Management raised its full-year Adjusted EPS guidance to $3.69 at the midpoint, a 21.6% increase
- Operating Margin: -11%, up from -14.9% in the same quarter last year
- Free Cash Flow Margin: 11.8%, down from 19.3% in the previous quarter
- Customers: 59,900, up from 57,100 in the previous quarter
- Billings: $581.5 million at quarter end, up 26.2% year on year
- Market Capitalization: $17.85 billion
"MongoDB delivered strong second quarter results across the board, highlighted by Atlas revenue growth accelerating to 29% and adding over 5,000 customers year-to-date, the highest ever in the first half of the year. We also delivered meaningful margin outperformance as we executed on our plan to drive profitable growth. Reflecting this strength, we are raising our guidance on the top and bottom line for the rest of the year" said Dev Ittycheria, President and Chief Executive Officer of MongoDB.
Company Overview
Named after "humongous database," reflecting its ability to handle massive data loads, MongoDB MDB provides a flexible document-based database platform that helps developers build, deploy, and maintain modern applications more efficiently.
Revenue Growth
A company’s long-term sales performance is one signal of its overall quality. Any business can have short-term success, but a top-tier one grows for years. Over the last three years, MongoDB grew its sales at a solid 27% compounded annual growth rate. Its growth beat the average software company and shows its offerings resonate with customers.
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