Founded in 2007, MongoDB is a vendor of a document-oriented database that accelerates the development processes of new applications. Enterprise customers can choose between the fully managed offering, MongoDB Atlas, or the self-managed version, MongoDB Enterprise Advanced.
It is a $31.1B technology company. Revenue grew 25.5% over the last year, it keeps 2¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 527.9× earnings — around the middle of its own history.
- Website
- mongodb.com
- Location
- New York, NY
- Employees
- 5 783
- Sector
- Technology
- Founded
- 2007
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong health; Valuation, Profitability and Moat lag behind.
Valuation22
- P/E vs own history50th pct · 12/25
- FCF yield2.1% · 5/25
- P/S11.2x · 5/25
- EV/EBITDA2437.5x · 0/25
Growth50
- Revenue CAGR29.6% · 25/25
- Net income CAGRn/a · 0/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growth809.1% · 25/25
Profitability11
- ROIC-11.3% · 0/25
- ROE2.0% · 5/25
- Net margin2.1% · 6/25
- Operating margin-0.5% · 0/25
Health75
- Altman Z23.89 · 25/25
- Current ratio4.87 · 25/25
- Interest coverage-28.2x · 0/25
- Net cash / debtNet cash · 25/25
Quality71
- Piotroski F5/9 · 15/25
- Beneish M-2.96 · 25/25
- FCF conversion1119% · 25/25
- Margin stabilityσ 16.7% · 6/25
Moat25
- ROIC >12% years0/3 yrs · 0/25
- Median gross margin72.3% · 25/25
- FCF-positive years3/9 yrs · 0/25
- Worst-year net marginworst -62.4% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2023FinancialRevenue crossed $1B$1.28B for the year
- Jun 29, 2021IPOA secondary public offering was held on June 29, 2021
- 2019AcquisitionThe following year, in 2019, MongoDB acquired a mobile-focused database company called Realm for $39 million
- 2018ProductThe company abandoned AGPL licensing of its product and in its stead introduced the Server Side Public License
- 2016ProductThe company introduced a SaaS version of the product, called Atlas
- 2014AcquisitionMongoDB acquired database engine company WiredTiger in 2014, followed by database-as-a-service company MLab for $68…
- Aug 27, 2013Milestone10gen announced that it would change its name to MongoDB Inc., associating itself more closely…
- 2009Product10gen released MongoDB as an open source project
- 2007FoundedThe company was first established in 2007 as 10gen
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (72.7%)
- Revenue growing 25.5% year over year
- Strong cash conversion — FCF is 23.7% of revenue
- Net cash position after subtracting debt from cash
- Altman Z-Score 23.89 — low bankruptcy-risk zone
Watch-outs
- Thin interest coverage (-28.2×)
- Loss-making in 9 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+25.5% YoY
- Profitable — makes more than it spends$58.9M TTM
- Profit growing — earnings are higher than last year+44.9% YoY
- Generates cash — cash left after running and investing$659M TTM
- Debt under control — could handle its obligationsmore cash than debt
- Established company — not a micro-cap — lower blow-up risk$31.1B market cap
- Not printing shares — share count not ballooning — you keep your slice+15.1% shares over ~5y
- Proven track record — years of profitability behind it0/9 profitable years
- Financially stable — balance sheet not near distressAltman Z 23.9 — safe
- Pays a dividend — returns cash to shareholdersno data
- Valuation not extreme — price not wildly above earningsP/E 527.9
Peer comparisonMongoDB, Inc. vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| MDB this company | $31.1B | 527.9 | +25.5% | 2.1% | Strong |
| NVDA Nvidia Corp | $5.5T | 28.6 | +83.4% | 63.7% | Mixed |
| AAPL Apple Inc. | $4.9T | 38.1 | +14.2% | 27.6% | Strong |
| GOOGL Alphabet Inc. | $4.3T | 17.6 | +20.1% | 54.8% | Mixed |
| MSFT Microsoft Corp | $4.0T | 29.7 | +17.8% | 40.3% | Strong |
| SPCX Space Exploration Technologies Corp. | $2.1T | — | +33.2% | -34.0% | Strained |
| META Meta Platforms, Inc. | $1.8T | 26.9 | +27.7% | 29.8% | Mixed |
Head-to-head: MDB vs NVDA · MDB vs AAPL · MDB vs GOOGL
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2018–FY2026. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/MDB
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Deeper analysis of MDB on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $385.90 · market cap $31.1B.