COMPANY FILINGS

MongoDB

MDB

What does MongoDB do?

MongoDB provides a database platform that developers use to store, organize and process application data. Its document-based database is designed to handle varied data and changing application requirements. Customers can use MongoDB Atlas as a managed cloud service or MongoDB Enterprise Advanced for deployments they manage themselves, including cloud, on-premises and hybrid environments. The platform combines the database with related data services.

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Company overview · FY2026

Year ended Read the full 10-K on SEC EDGAR (opens in a new tab)

Selected passages from the company’s business description, with headings added for readability. See the original filing for the full context.

Business description: FY2026CIK 0001441816Source: SEC EDGAR
Annual reports
9
Report coverage
2018–2026
Financial statement focus
Balance sheet
READ THE FILING

Annual report insights

AI summary

AI-generated summaries of the cited 10-K filings. For informational purposes only; not personalized investment advice.

Choose a fiscal year

Fiscal 2026

Year ended Filed

Read FY2026 annual report (opens in a new tab)
  • For the year ended January 31, 2026, subscription revenue increased by US$442.1 million from the prior year. MongoDB attributed the increase primarily to higher Atlas consumption by large existing customers.

    Source: 2026
  • The filing identifies a risk that customers may consume Atlas more slowly than expected. Variable usage limits visibility into revenue timing and can make future revenue less predictable.

    Source: 2026
View full 10-K summary 2026Hide full 10-K summary 2026

Signals describe observations in the selected filing, not forecasts or investment ratings. Risk disclosures do not establish that a loss occurred.

Positive signals

  • Subscription revenue increased

    For the year ended January 31, 2026, subscription revenue increased by US$442.1 million from the prior year. MongoDB attributed the increase primarily to higher Atlas consumption by large existing customers.

    Source: 2026

Negative signals

  • Atlas usage may lag

    The filing identifies a risk that customers may consume Atlas more slowly than expected. Variable usage limits visibility into revenue timing and can make future revenue less predictable.

    Source: 2026

Business context

  • Voyage AI acquired

    On February 17, 2025, MongoDB acquired Voyage AI, which specializes in embedding and reranking models. The acquisition-date fair value of the purchase consideration was US$160.9 million.

    Source: 2026
  • Net loss; operating cash inflow

    For the year ended January 31, 2026, MongoDB reported US$505.1 million of operating cash inflow and a US$71.2 million net loss. The net loss included US$550.5 million of stock-based compensation expense.

    Source: 2026
  • Shares repurchased

    MongoDB repurchased US$400.3 million of common stock during the year ended January 31, 2026. Unused repurchase authorization totaled US$599.7 million at year-end and did not obligate the company to make future purchases.

    Source: 2026

Business in fiscal 2026

MongoDB offers its database platform through Atlas, a managed cloud service, and MongoDB Enterprise Advanced, a self-managed offering for cloud, on-premises or hybrid environments.

Source: 2026

5-year changes

FY2022–FY2026

AI comparison of the five fiscal years ending in this report year. Later filings are excluded.

  • Revenue growth rebounded

    Revenue growth slowed through 2025 before picking up in 2026. Reported annual growth was 48% in fiscal 2022, 47% in 2023, 31% in 2024, 19% in 2025 and 23% in 2026.

    Source: 2022, 2023, 2024, 2025, 2026
  • Operating inflow; losses persist

    Operating cash flow moved from a US$7.0 million inflow in fiscal 2022 to a US$13.0 million outflow in 2023, then reached a US$505.1 million inflow in 2026. The company still reported a US$71.2 million net loss in 2026, including US$550.5 million of stock-based compensation. Cash generation and net profitability therefore tell different stories.

    Source: 2022, 2024, 2026
  • AI offerings expanded

    The fiscal 2024 filing described the launch of Atlas Vector Search to help organizations build generative AI applications with their own data. In fiscal 2026, MongoDB acquired embedding and reranking specialist Voyage AI. These developments describe product expansion and an acquisition; they are not a measure of AI revenue growth.

    Source: 2024, 2026
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This request covers the entire MDB FY2026 summary, including the 5-year comparison.

We keep your message and the summary version as a record of our review and any correction. Personal information included in a message is removed during review. Please do not include personal details, passwords or private URLs. Your message is not published. Requests are stored privately with our database provider. Hosting and security providers may process technical data such as IP addresses. Removal applies to the application record; provider backups and security logs follow their retention rules.

Fiscal 2025

Year ended Filed

Read FY2025 annual report (opens in a new tab)
  • Revenue rose 19% to $2,006.4 million in the fiscal year ended January 31, 2025. MongoDB attributed the increase primarily to higher subscription revenue from its Direct Sales Customers.

    Source: 2025
  • The filing identifies a risk that customers may use Atlas more slowly than expected, making future revenue harder to predict and causing results to differ from forecasts.

    Source: 2025
View full 10-K summary 2025Hide full 10-K summary 2025

Signals describe observations in the selected filing, not forecasts or investment ratings. Risk disclosures do not establish that a loss occurred.

Positive signals

  • Revenue rose 19%

    Revenue rose 19% to $2,006.4 million in the fiscal year ended January 31, 2025. MongoDB attributed the increase primarily to higher subscription revenue from its Direct Sales Customers.

    Source: 2025

Negative signals

  • Atlas usage may lag

    The filing identifies a risk that customers may use Atlas more slowly than expected, making future revenue harder to predict and causing results to differ from forecasts.

    Source: 2025
  • Gross margin fell

    Fiscal 2025 gross margin fell to 73% from 75% in fiscal 2024. MongoDB attributed the decline in subscription gross margin to higher third-party cloud infrastructure costs.

    Source: 2025

Business context

  • Net loss; operating cash inflow

    For fiscal 2025, MongoDB reported a $129.1 million net loss and $150.2 million of operating cash inflow. The net loss included $493.9 million of noncash stock-based compensation.

    Source: 2025
  • Notes converted to shares

    During fiscal 2025, approximately $1.1 billion of convertible-note principal was converted into 5,662,979 common shares, with $0.4 million settled in cash.

    Source: 2025

Business in fiscal 2025

MongoDB provides database software through Atlas, its managed cloud service, and Enterprise Advanced, its self-managed offering for enterprise customers.

Source: 2025
Request a correction

This request covers the entire MDB FY2025 summary.

We keep your message and the summary version as a record of our review and any correction. Personal information included in a message is removed during review. Please do not include personal details, passwords or private URLs. Your message is not published. Requests are stored privately with our database provider. Hosting and security providers may process technical data such as IP addresses. Removal applies to the application record; provider backups and security logs follow their retention rules.

Fiscal 2024

Year ended Filed

Read FY2024 annual report (opens in a new tab)
  • Revenue rose 31% to US$1,683.0 million in the year ended January 31, 2024. MongoDB attributed most of the increase in subscription revenue to its Direct Sales Customers.

    Source: 2024
  • The filing identifies a risk that customers may consume Atlas more slowly than expected. Variable customer usage limits visibility into when revenue will be recognized.

    Source: 2024
View full 10-K summary 2024Hide full 10-K summary 2024

Signals describe observations in the selected filing, not forecasts or investment ratings. Risk disclosures do not establish that a loss occurred.

Positive signals

  • Revenue rose 31%

    Revenue rose 31% to US$1,683.0 million in the year ended January 31, 2024. MongoDB attributed most of the increase in subscription revenue to its Direct Sales Customers.

    Source: 2024
  • Operating cash flow turned positive

    For the year ended January 31, 2024, net loss narrowed to US$176.6 million from US$345.4 million a year earlier. Operating cash flow turned positive at US$121.5 million, compared with a US$13.0 million outflow.

    Source: 2024

Negative signals

  • Atlas usage may lag

    The filing identifies a risk that customers may consume Atlas more slowly than expected. Variable customer usage limits visibility into when revenue will be recognized.

    Source: 2024

Business context

  • Vector Search launched

    MongoDB reported launching Atlas Vector Search to help organizations build generative AI applications using their own data. It also launched a preview of Atlas Stream Processing for processing streaming data.

    Source: 2024
  • Corporate apps breached

    MongoDB disclosed that in December 2023 it discovered a phishing incident that had given an unauthorized party access to certain corporate applications. The company said its investigation found no evidence of unauthorized access to Atlas clusters.

    Source: 2024

Business in fiscal 2024

MongoDB provides database software and related services through Atlas, its managed cloud service, and Enterprise Advanced, its self-managed offering for cloud, on-premises or hybrid environments.

Source: 2024
Request a correction

This request covers the entire MDB FY2024 summary.

We keep your message and the summary version as a record of our review and any correction. Personal information included in a message is removed during review. Please do not include personal details, passwords or private URLs. Your message is not published. Requests are stored privately with our database provider. Hosting and security providers may process technical data such as IP addresses. Removal applies to the application record; provider backups and security logs follow their retention rules.

Fiscal 2023

Year ended Filed

Read FY2023 annual report (opens in a new tab)
  • Revenue grew 47% to US$1,284.0 million in fiscal 2023, ended January 31, 2023. MongoDB attributed the increase primarily to higher subscription revenue from its Direct Sales Customers.

    Source: 2023
  • The filing identifies a risk that customers could consume MongoDB Atlas more slowly than expected, making future revenue less predictable and causing results to differ from forecasts.

    Source: 2023
View full 10-K summary 2023Hide full 10-K summary 2023

Signals describe observations in the selected filing, not forecasts or investment ratings. Risk disclosures do not establish that a loss occurred.

Positive signals

  • Revenue grew 47%

    Revenue grew 47% to US$1,284.0 million in fiscal 2023, ended January 31, 2023. MongoDB attributed the increase primarily to higher subscription revenue from its Direct Sales Customers.

    Source: 2023

Negative signals

  • Atlas usage may lag

    The filing identifies a risk that customers could consume MongoDB Atlas more slowly than expected, making future revenue less predictable and causing results to differ from forecasts.

    Source: 2023

Business context

  • Loss and operating outflow

    MongoDB reported a US$345.4 million net loss and used US$13.0 million of cash in operating activities in fiscal 2023. The net loss included US$381.5 million of noncash stock-based compensation charges.

    Source: 2023
  • Atlas revenue share increased

    Atlas accounted for 63% of MongoDB’s total revenue in fiscal 2023, up from 56% in fiscal 2022.

    Source: 2023
  • R&D tax treatment changed

    Starting in fiscal 2023, U.S. tax rules required MongoDB to capitalize and amortize R&D expenditures rather than deduct them immediately. The company recorded a deferred tax asset for these expenditures.

    Source: 2023

Business in fiscal 2023

MongoDB provides database software through Atlas, its managed multi-cloud service, and Enterprise Advanced, its self-managed commercial offering for enterprise customers.

Source: 2023
Request a correction

This request covers the entire MDB FY2023 summary.

We keep your message and the summary version as a record of our review and any correction. Personal information included in a message is removed during review. Please do not include personal details, passwords or private URLs. Your message is not published. Requests are stored privately with our database provider. Hosting and security providers may process technical data such as IP addresses. Removal applies to the application record; provider backups and security logs follow their retention rules.

Fiscal 2022

Year ended Filed

Read FY2022 annual report (opens in a new tab)
  • Revenue rose 48% to $873.8 million in fiscal 2022. MongoDB attributed the increase primarily to subscription revenue growth from its Direct Sales Customers.

    Source: 2022
  • The filing identifies dependence on third-party cloud providers as a risk: disruptions to Atlas hosting could harm the business and trigger service credits to customers.

    Source: 2022
View full 10-K summary 2022Hide full 10-K summary 2022

Signals describe observations in the selected filing, not forecasts or investment ratings. Risk disclosures do not establish that a loss occurred.

Positive signals

  • Revenue rose 48%

    Revenue rose 48% to $873.8 million in fiscal 2022. MongoDB attributed the increase primarily to subscription revenue growth from its Direct Sales Customers.

    Source: 2022

Negative signals

  • Outages may disrupt Atlas

    The filing identifies dependence on third-party cloud providers as a risk: disruptions to Atlas hosting could harm the business and trigger service credits to customers.

    Source: 2022

Business context

  • Net loss; operating cash inflow

    For fiscal 2022, MongoDB reported a $306.9 million net loss and generated $7.0 million of operating cash flow. The loss included $251.1 million of noncash stock-based compensation.

    Source: 2022
  • Stock offering raised cash

    MongoDB raised $889.2 million in net proceeds from a common-stock offering during fiscal 2022.

    Source: 2022
  • Debt accounting changed

    MongoDB adopted new convertible-debt accounting in fiscal 2022, eliminating debt-discount amortization from interest expense. Prior-period financial statements were not restated.

    Source: 2022

Business in fiscal 2022

MongoDB offers a database platform through Atlas, its managed cloud service, and Enterprise Advanced, which customers can run in the cloud, on-premises or in a hybrid environment.

Source: 2022
Request a correction

This request covers the entire MDB FY2022 summary.

We keep your message and the summary version as a record of our review and any correction. Personal information included in a message is removed during review. Please do not include personal details, passwords or private URLs. Your message is not published. Requests are stored privately with our database provider. Hosting and security providers may process technical data such as IP addresses. Removal applies to the application record; provider backups and security logs follow their retention rules.

FINANCIAL STATEMENTS

Balance sheet

A snapshot of what MongoDB owns and owes at a point in time.

Amounts in USD millions

Amount unit

Scroll the table to compare dates.

Balance sheet dates and selected original reported line items.
Reported line item ↗ ↗ ↗ ↗ ↗
Total current assets3,114.8552,923.5222,483.6362,236.5842,117.402
Total assets3,758.8483,430.2932,869.6422,588.8932,449.588
Total current liabilities669.496561.987564.22588.512526.735
Total liabilities806.49648.0691,800.6531,849.3851,782.888
Total stockholders’ equity2,952.3582,782.2241,068.989739.508666.7

Source: 10-K · 2026-01-31 · SEC EDGAR ↗
Selected reported line items. Row names use each item's latest report shown; earlier names may differ. Each date links to its original annual report. Values use the amount unit selected above. Parentheses indicate negative amounts.

SOURCE LIBRARY

Annual reports & SEC 10-K filings

SEC EDGAR

9 reports in this collection

Original SEC annual reports, with report period and filing date
Report periodFiled with SECFormSource
Jan 31, 20260001628280-26-016799Mar 11, 202610-KOpen 10-Ksec.govRead FY2026 summary
Jan 31, 20250001441816-25-000057Mar 21, 202510-KOpen 10-Ksec.govRead FY2025 summary
Jan 31, 20240001441816-24-000049Mar 15, 202410-KOpen 10-Ksec.govRead FY2024 summary
Jan 31, 20230001441816-23-000027Mar 17, 202310-KOpen 10-Ksec.govRead FY2023 summary
Jan 31, 20220001441816-22-000059Mar 18, 202210-KOpen 10-Ksec.govRead FY2022 summary
Jan 31, 20210001441816-21-000051Mar 22, 202110-KOpen 10-Ksec.gov
Jan 31, 20200001441816-20-000067Mar 27, 202010-KOpen 10-Ksec.gov
Jan 31, 20190001441816-19-000067Apr 1, 201910-KOpen 10-Ksec.gov
Jan 31, 20180001441816-18-000028Mar 30, 201810-KOpen 10-Ksec.gov

Dates describe the filing metadata. Figures and reporting periods should be checked against the original statement. SEC links open in a new tab.